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Fortune 500 company chooses Greenville

GREENVILLE – In only his second week on the job, Gov. Haley Barbour announced a major coup for the state: Textron Fastening Systems, a $1.65-billion business unit of Textron Inc. (NYSE: TXT), is coming to Mississippi. Better yet, the maker of custom-designed specialty threaded fasteners is making its home in Greenville, the heart of the impoverished Delta. “We’re thrilled that ...

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Barbour's selection of MDA chief stuns, pleases developers

After weeks of intense speculation that former state economic development chief Jimmy Heidel would be a shoo-in for the top spot in the Mississippi Development Authority (MDA) under Gov. Haley Barbour, a new rumor that real estate magnate Leland Speed of Jackson would lead MDA began gathering steam a week before Barbour made his announcement. When Barbour declared on Jan. ...

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Cluster initiative gaining ground

A story, dear readers: A group of marine repair and retrofitting companies in Cairns, Australia, which had traditionally served the fishing fleet, were in jeopardy of closing in the late 1990s after the Great Barrier Reef area was declared ineligible for commercial fishing. Faced with a loss of three-quarters of their revenue, company representatives collaborated on a plan to address ...

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