Home » Tag Archives: Canton

Tag Archives: Canton

Nissan to offer severance packages to older US workers

Slumping Nissan Motor Co. is offering voluntary separation packages to many of its U.S. workers as it tries to resize itself to match lower sales. The Japanese automaker wouldn’t say how many employees it is targeting to leave, how much money it expects to save, or give details of the severance offers. The offers are being made to factory and ...

Read More »

Mississippi police search for missing Domino’s Pizza worker

Police in Mississippi are searching for a missing Domino’s Pizza employee whose car was found abandoned days after she left work and disappeared. Helerica “Latrice” Dortch, 31, was last seen Friday afternoon leaving the Canton Domino’s location where she works, the Madison County Sheriff’s Office said. She was wearing Domino’s work clothes at the time, but the store’s owner declined ...

Read More »

Japanese regulators recommend $22 million fine on Nissan

Japanese securities regulators are recommending that automaker Nissan be fined 2.4 billion yen ($22 million) for under-reporting compensation for its former chairman, Carlos Ghosn. The watchdog, the Securities and Exchange Surveillance Commission, said Tuesday it made the recommendation to the government’s Financial Services Agency over disclosure documents from 2014 through 2017. Nissan Motor Co. said it accepted the penalty and ...

Read More »

Nissan cites progress in getting rid of showroom freebies

Carmaker insists it U.S. layoffs over ‘for now’ By TED CARTER Major Mississippi employer Nissan Motor Co. has decided its best bet for a U.S. recovery after a pair of awful quarters is not to sell more cars but to make more money from each car sold. Forget “market share” for now, said Nissan global controller and CFO-designate Stephen Ma, ...

Read More »

Youth a plus for Nissan’s Canton plant with high-tech transformation looming

Automotive expert says plant offers much-needed flexibility By TED CARTER The relatively young age of Nissan’s 16-year-old Canton assembly plant could help insulate it from company plans to cut global manufacturing capacity by 10 percent by spring 2022. The planned capacity reductions coincide with a collapse in operating profits halfway through Nissan’s fiscal year. Some of the blame for the ...

Read More »

SIGN OF SHIFT: $35 million Canton apartment complex under construction in Madison county

By JACK WEATHERLY If one assumes that proximity to the Nissan plant with its 6,500 workers explains the $35 million, 600-unit apartment complex under construction, one would be wrong. Not so, says Hugh Jarratt, staff attorney for the management arm of Lindsey Construction Co. of Fayetteville, Ark. “The bulk of the renters will not be Nissan employees,” Jarratt said of ...

Read More »

Scandal-hit Nissan’s profits crash amid lower global sales

Japanese automaker Nissan reported Tuesday that its July-September profit tumbled to half of what it earned the year before as sales and brand power crumbled following the arrest of its former chairman, Carlos Ghosn. Yokohama-based Nissan Motor Co.’s fiscal second quarter profit totaled 59 billion yen ($541 million), down from 130 billion yen in 2018. Quarterly sales slipped nearly 7% ...

Read More »

UMMC physicians offering services at Merit Health Madison

A business venture with Merit Health Madison is opening the door for University of Mississippi Medical Center physicians to perform surgeries and provide inpatient post-operative care at Merit Health’s hospital in Canton, effectively expanding UMMC’s adult hospital capacity and operating room availability. The business venture has been realized through a UMMC-affiliated not-for-profit company, Healthier Mississippi Collaborative, made possible by an ...

Read More »

Nissan names head of China business to be new CEO

Nissan has tapped the head of its China business, Makoto Uchida, as its new president and chief executive, to help lead a recovery from the leadership crisis and sinking profitability that followed the arrest of its former chairman, Carlos Ghosn, last year. Uchida is replacing Hiroto Saikawa, who resigned after acknowledging receiving dubious income. The Japanese automaker announced Uchida’s appointment ...

Read More »

Canton alderman pleads guilty, resigns in election scandal

An alderman in a Mississippi city has pleaded guilty in a voter fraud case. Court officials tell WAPT-TV that Canton alderman Andrew Grant pleaded guilty Monday to conspiracy to commit voter fraud. He was sentenced to five years in prison, which the judge suspended. Grant resigned as Canton’s Ward 7 alderman immediately after the sentencing. Grant is one of five ...

Read More »