Home » NEWS » Manufacturing (page 50)

Manufacturing

Ergon buys N.C. terminal for undisclosed sum

A Jackson-based company has made an acquisition in North Carolina that it says will play a big part in its future growth. Ergon Asphalt & Emulsions Inc. (EA&E) of Jackson has purchased all assets of the Wilson, N.C., asphalt terminal from Black Creek Terminal, LLC. EA&E acquired full ownership of the facility on April 1. Financial terms were not disclosed. ...

Read More »

KiOR borrows $25M; avoids defaulting on loan

COLUMBUS — Alternative-fuel maker KiOR Inc. has borrowed enough money to keep operating through August. The Pasadena, Texas, company, which has a $225-million plant in Columbus, had warned last month that it had to raise more money for research and plant improvements. KiOR, in a stock filing today, said it had completed a deal to borrow $25 million from an ...

Read More »

Hood Packaging wraps up acquisition from Wisconsin company

A Mississippi-based company is the new proud owner of a packaging operation. Bemis Company Inc. of Neenah, Wis., has completed the sale of its Paper Packaging Division. As previously announced, Bemis reached an agreement to sell its Paper Packaging Division to Hood Packaging Corporation, a privately-held company headquartered in Madison and Burlington, Ontario. Terms of the agreement were not disclosed.

Read More »

Ingalls awarded $497M contract to build another cutter

PASCAGOULA – U.S. Sen. Thad Cochran (R-Miss.) reports a $497-million military shipbuilding contract award to Ingalls Shipyard in Pascagoula to construct the seventh national security cutter (NSC 7) for the U.S. Coast Guard. Cochran said the Department of Homeland Security is amending an existing contract with Ingalls to provide FY2014 appropriations to construct NSC 7. Cochran serves on the Senate ...

Read More »

MDA Model Contractor Programs preps business for success

Each time there are major state or federal construction projects in the state, there is an opportunity for minority contractors to obtain a share of the work set aside for minority business through the SBA 8(a) Business Development Program. The Mississippi Development Authority (MDA) Model Contractor Program is designed to help minority businesses be better prepared to win SBA 8(a) ...

Read More »

Cal-Maine sees better sales, net income

JACKSON — Cal-Maine Foods Inc. (NASDAQ: CALM) has released its results for the third quarter and nine months ended March 1, 2014. Net sales for the third quarter of fiscal 2014 were $395.5 million, compared with net sales of $360.4 million for the third quarter of fiscal 2013. The company reported net income of $42.9 million, or $1.78 per basic share and $1.77 ...

Read More »

MDA Model Contractor Programs preps business for success

By Becky Gillette Each time there are major state or federal construction projects in the state, there is an opportunity for minority contractors to obtain a share of the work set aside for minority business through the SBA 8(a) Business Development Program. The Mississippi Development Authority (MDA) Model Contractor Program is designed to help minority businesses be better prepared to ...

Read More »

Deadline set for offers on Tupelo’s Lane Furniture plant

  June 19 is the deadline that has been set for offers on bankrupt Furniture Brand’s 430,000 square-foot manufacturing/distribution facility and data center in Tupelo. Property disposition specialist Hilco Real Estate is marketing the Tupelo plant along with 16 Furniture Brands properties involved in the Furniture Brands International bankruptcy case. The portfolio of Thomasville and Lane real estate ranges from ...

Read More »

Morren new plant manager at Eaton Aerospace in Jackson

Special to the MBJ JACKSON, Mississippi — Power management company Eaton has named Reed Morren plant manager of the Aerospace Group’s Fuel and Motion Control Systems Division manufacturing facility in Jackson. He will report to Mike Gallant, the Aerospace Group’s vice president of Manufacturing Operations. “Reed’s leadership experience and drive for results are aligned with Eaton’s culture of continuous improvement,” ...

Read More »

Nissan announces leadership changes

Special to the MBJ Three changes at the Canton plant were among a number of leadership changes Nissan announced today within its North and Latin America operations. — Masaaki Imai, currently managing Deputy General Manager, Trim & Chassis Engineering, Nissan Motor Company, is named senior director, Manufacturing, with responsibility for New Model and Vehicle Production Engineering at the Canton Vehicle ...

Read More »