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Steel costs highest ever; lumber does nosedive

There is good and bad news regarding construction material costs. Lumber costs are the lowest seen in a very long time; however, the price of steel is at an all-time high.   The high cost of steel, a lot of which is imported, is linked to strong activity in the commercial building sector, said Bob Hellenthal, executive director, Mid South ...

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William Carey rebuilds on Coast

First phase of new Tradition campus dedicated   Arguably no institution of higher learning anywhere took a harder hit from Hurricane Katrina than William Carey University (WCU), the private, Baptist-affiliated college. All three of its campuses — New Orleans, Hattiesburg and Gulfport — were impacted by the storm. But, it was WCU’s Gulfport campus, overlooking the Gulf on Beach Boulevard, ...

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Cleveland officials: Lost population not real

Population figures released recently by the Census Bureau don’t contain any major surprises. The Mississippi Gulf Coast was the hardest hit as far as population loss, with Long Beach having lost 29 percent of its residents after Hurricane Katrina, highest in the state. Moss Point was in the top five, having seen 12 percent of its population stay gone after ...

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Major expansion projects

Ole Miss eyes future with new and expanded facilities across campus   The University of Mississippi (UM) is in the midst of major expansion with the construction of two new residence colleges, a new law school and an expanded baseball stadium. Between $170 and $180 million is being invested in ongoing construction projects at the university, according to Ian Banner, ...

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Recovery package still taking applications

Last of funds could take years to award   Just weeks after Hurricane Katrina laid waste to the Mississippi Gulf Coast in Aug. 2005, the State of Mississippi petitioned Congress for help with the massive cleanup and recovery effort. Gov. Haley Barbour, the state’s congressional delegation and others were successful in securing approximately $5.4 billion in Community Development Block Grant ...

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Rite-Hite Corporation to locate operations in Horn Lake

Rite-Hite Corporation to Locate Operations in Horn Lake Rite-Hite Corporation, a worldwide leader in the development, manufacture and sale of loading dock safety systems and industrial door solutions, has announced plans to relocate a manufacturing facility to Horn Lake, Miss., bringing more than 50 manufacturing jobs to the state. “On behalf of the City of Horn Lake, we would like ...

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Burlington Northern Santa Fe to expand

Burlington Northern Santa Fe (BNSF) will complete a $200 million intermodal expansion later this year, and it is expected to have a positive economic impact on the Memphis-area industrial market.  The expanded operations, which include additional railroad tracks and electric cranes for stacking containers, could begin as early as October 1. The expansion could impact the industrial market by helping ...

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Fraenkel Furniture expands operations

Fraenkel Furniture, a fixture in Olive Branch for more than 20 years, has expanded its manufacturing operations.  In 2008, the company added its Advantage upholstery manufacturing line to the facility, which already produced a full line of Englander and U.S.A. mattresses.  The expansion was the second for the 375,000-square-foot facility since opening in 1992.  In addition to manufacturing upholstered furniture ...

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Smiths Medical expanding

Smiths Medical, a leading global provider of medical products, is expanding its DeSoto County operations by moving to a larger facility in the Crossroads Distribution Center in Olive Branch. The move will consolidate distribution operations formerly located in Southaven and San Diego. Smiths Medical manufactures medical devices, and the 239,863-square-foot Olive Branch facility will distribute products such as drug pumps, ...

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IHL trims budget priorities

JACKSON — The Mississippi Board of Trustees of State Institutions of Higher Learning (IHL)_ has approved the FY 2010 system operating budget and revised its original FY 2011 budget priorities. In his first regular meeting as commissioner of higher education, Dr. Hank Bounds presented the revised budget recommendation, which the board approved in light of the state’s current economic situation ...

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