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Tag Archives: Business

BILL CRAWFORD — Bryant should veto dark money bill

“Transparency is critical to fair government,” Gov. Phil Bryant, a longtime champion of transparency and accountability in government, once said. Secretary of State Delbert Hosemann also promoted transparency when he proposed revamping Mississippi election laws in 2016. As WTOK-TV in Meridian reported: “Who’s dealing out money to candidates? And which ones are taking it? The Mississippi Secretary of State intends ...

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Greater than ever: Toyota has high expectations for next-generation Corolla

By DENNIS SEID / Daily Journal BLUE SPRINGS • When Toyota Mississippi rolled out a “Blueprint”-colored Corolla amid smoke and flashing lights onto a stage Monday, the hundreds of guests and team members gathered to watch cheered heartily. The newest Corolla, the 12th-generation compact car that’s the entry level vehicle in the Toyota family, will be on dealership showrooms and ...

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Golden Manufacturing gets $18.2M uniform contract

GOLDEN • U.S. Senator Cindy Hyde-Smith (R-Miss.) announced that a Tishomingo County company has been awarded an $18.2 million contract to manufacture uniforms for the Defense Department. Golden Manufacturing Inc. in Golden was awarded the competitive contract from the Defense Logistics Agency to produce uniforms for the Army and Air Force. “Golden Manufacturing has a well-established record of producing quality ...

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Forecasters: ‘Potentially historic’ flooding threatens South

Scientists are warning that historic flooding could soon deluge parts of several Southern states along the lower Mississippi River, where floodwaters could persist for several weeks.The flood threat in the South will be discussed Thursday, when the National Oceanic and Atmospheric Administration releases its 2019 spring outlook. Experts plan a briefing on their flood forecast at the National Water Center ...

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Swooning film industry awaits outcome of incentive revival effort

By JACK WEATHERLY The movie industry in Mississippi has dropped precipitously since a key incentive was allowed to sunset on July 1, 2017. But legislation to restore that incentive – a cash rebate of 25 percent of the payroll for out-of-state cast and crew members – has made it to the final stages of approval with strong support in both ...

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Mississippi Aquarium spurs development in downtown Gulfport

By LISA MONTI The $93 million Mississippi Aquarium is coming out of the ground on the East Beach service road in Gulfport, on track to open late this year or by early 2020. The attraction is expected to draw as many as 500,000 visitors a year and generate $340 million in annual revenue. It’s also gotten the attention of  developers, ...

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Homeowners take Costco gas station ruling to highest court

By JACK WEATHERLY Six Ridgeland homeowners have filed notice of appeal with the state Supreme Court over a ruling in favor of the city’s approval of a site for a gas station for a proposed Costco Wholesale store. The homeowners filed the notice on March 14. The latest step in the protracted battle that dates to November 2015 will see ...

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JUSTIN KELLY — Portfolio Diversification 101: Why It’s Important To Diversify Your Investments

“Diversification” is probably one of the first terms you see whenever you read about strategies for smart investing. But are you clear on exactly what it means to have a diversified portfolio and why you should care? Diversification Defined Diversifying your investments simply means making sure all of your money isn’t in just one financial “basket”. Instead of investing in ...

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ALAN TURNER — BCI: Keeping a sharp eye on the future of technology

Recently, I talked with Jonathan Hollingshead, President of BCI, a technology firm headquartered in Ridgeland. We talked about the accelerating pace of technology in Mississippi and in the U.S. in general, and he offered some interesting insights on what the coming years will bring. Jonathan became president of BCI in February 2018, having previously worked for the company from 2011-2013. ...

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Weir Group’s Newton foundry plans expansion that will add 150 high skill jobs

By BECKY GILLETTE Mississippi political and economic leaders have targeted new high skill jobs as a top priority for helping not only individual workers, but the state’s economy. And the state is getting just that with the expansion of the Newton foundry, which is the largest manufacturing facility in the ESCO division of the Scotland-based Weir Group. The Newton foundry ...

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