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ARRA funding awarded

ACROSS MISSISSIPPI — Agriculture Secretary Tom Vilsack has announced the selection of nearly $143 million in water and environmental projects that are being funded immediately through the American Recovery and Reinvestment Act. The projects are designed to help provide safe drinking water and improved wastewater treatment systems for rural towns and communities in 21 states. In Mississippi, stimulus funds are ...

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CMI shows positives

COLUMBIA, MD. — Lately, there has been a great deal of discussion about whether or not there is reason for some optimism regarding the U.S. economy’s recovery. The National Association of Credit Management believes its May Credit Managers’ Index (CMI) shows the worst may be over. The latest CMI combined index rose from 44.3 to 45.4, which equals levels not ...

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SBA names state's best

AROUND MISSISSIPPI — The Mississippi U.S. Small Business Administration (SBA) has unveiled its 2009 SBA Mississippi Small Business Award winners. The SBA will honor its 2009 the winners during a dinner reception June 16 at the Mississippi e-Center @ JSU in Jackson. Registration starts at 5:30 p.m. The 2009 SBA Mississippi Small Business Award winners are: • Small Business Person ...

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U.S. files suit

GOLDEN — The United States has filed a civil complaint against PowerTrain Inc., Wood Sales Co. Inc., and Tool Mart Inc., all based in Golden, alleging that they imported and sold more than 78,000 Chinese-made engines that do not meet federal air pollution standards, the Justice Department and Environmental Protection Agency (EPA) announced. The lawsuit, filed in U.S. District Court ...

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Parkway sells Texas facility

JACKSON — Parkway Properties Inc. has closed the fee simple sale of the 1717 St. James Place office property located in Houston, Texas. The gross sales price was $8.7 million; Parkway received net cash proceeds from the sale of approximately $8.4 million. The office building, built in 1975, is a 110,000-square-foot property that was 87.9 percent occupied at June 1. ...

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New and expanded facilities near $5B

  Expansion, aerospace and defense help boost state’s numbers   Last year clearly was not the best of times for building new facilities or expanding existing ones. Tight credit markets, the high cost of building materials and the recession delayed many projects. The Toyota plant in Blue Springs is the classic example. The chilling effect of the financial crisis and ...

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Lott, Jagodinski join board

MADISON — Former Sen. Trent Lott and W. Thomas Jagodinski, former leader of Delta and Pine Land, have been elected as members of Phosphate Holdings Inc. board of directors. Both are elected for one-year terms. Lott, 67, has served as a partner in Breaux Lott Leadership Group, a consulting and lobbying firm, since January 2008. Prior to forming Breaux Lott ...

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EastGroup enters Las Vegas

JACKSON — EastGroup Properties has acquired the Arville Distribution Center in Las Vegas, Nev., for a purchase price of $11.05 million. The purchase represents EastGroup’s entry in the Las Vegas market. Arville, which was constructed in 1997, is a two-building, business distribution complex containing 142,000 square feet and is located in the southwest submarket of the city. It is 77 ...

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Grand Gulf rated 'green'

PORT GIBSON — Officials with Jackson-based Entergy Nuclear say that a top safety rating from the Nuclear Regulatory Commission reflects Grand Gulf Nuclear Station’s 24-year history of safe operation. In an annual assessment, the nuclear site in Port Gibson received overall top safety ratings from the commission for its performance during 2008, according to Entergy Nuclear. “Grand Gulf has been ...

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Unemployment claims fall

WASHINGTON — In the week ending May 23, the advance figure for seasonally adjusted initial unemployment claims was 623,000, a decrease of 13,000 from the previous week’s revised figure. The four-week moving average was 626,750, a decrease of 3,000 from the previous week’s revised average. The advance seasonally adjusted insured unemployment rate was 5.1 percent for the week ending May ...

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