Home » NEWS » Public/Private Companies (page 11)

Public/Private Companies

When governor asked, Sanderson Farms agreed to back pro tournament for this year

When Mississippi was at risk of losing a big, revenue-generating golf tournament, Sanderson Farms stepped up to accept the sponsorship and keep it going. The Sanderson Farms Championship is the new name of the tournament formerly known as the Viking Classic. The tournament will be played July 18-20 at Annandale Country Club in Madison. “When Viking dropped the sponsorship, Gov. ...

Read More »

Legislation, weak economy make it difficult for Mississippi companies to go public

The last Mississippi company to go public was The First Bancshares Inc. in 1996. Only four Mississippi-based companies have gone public since 1950. And since the 1990s, the number of public companies in Mississippi has dropped a significant amount. Experts say the reason more companies in Mississippi and elsewhere in the country aren’t going public is the Sarbanes-Oxley Act. “Sarbanes ...

Read More »

Staplcotn has staying power on Mississippi 100

Greenwood-based cotton cooperative Staplcotn landed at third on the 2012 Mississippi 100, posting $933 million in revenue in the process. It’s a good way to start the third year on the job for CEO Meredith Allen, who took over the oldest and largest cotton marketing cooperative in the U.S. in late summer 2010. “(It’s been) challenging and, at the same ...

Read More »

SBA guaranty loan amounts surpass pre-recession levels

Business lending in Mississippi backed by the U.S. Small Business Administration ended the year in amounts higher than pre-recession 2007, the SBA reports. The agency backed more loans in 2007 — 623 — but the amount of those loans totaled $107 million, compared to fiscal 2012‘s $132.4 million. The SBA guaranteed 442 loans in the fiscal year that ended Sept. ...

Read More »

Duff Brothers, Southern Tire Mart on the grow and fast

Jim and Thomas Duff own five businesses, four of the top 100 largest private businesses in Mississippi; Southern Tire Mart, KLLM Transport Services, Forest Products Transports, T.L. Wallace Construction and Pine Belt Ford. All together, the companies employ 3,800 people, with revenues over $1.3 billion and are all headquartered in Mississippi. Southern Tire Mart landed at No. 3 on this ...

Read More »

Some make first appearance

This year’s Mississippi 100 has many companies that are “veterans” of the ranking, all very familiar to regular followers of the Mississippi 100. However, each year a new crop appears on the list. Ronald Tubertini, president and CEO of Southgroup Insurance Services, was in Texas when he got the news that Southgroup had made the 2011 Mississippi 100 for the ...

Read More »

McAlister’s is this year’s biggest jumper

McAlister’s Deli started out in a converted gas station in Oxford in the early ‘90s, and has since grown into a powerhouse on the southeastern dining scene. The casual dining chain has opened 15 new locations in 2011, pushing its total number of locations over 300. That’s one reason why McAlister’s is this year’s biggest mover in the Mississippi Business ...

Read More »