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Tag Archives: Newton

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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Mining equipment maker invests $15 million to add 150 jobs

By JACK WEATHERLY The Weir Group, a Glasgow, Scotland-based mining equipment manufacturer, announced Wednesday that it is investing $15 million in its Newton manufacturing facility as part of a $50 million plan supporting an additional 150 jobs at the plant. When the investment plan is complete, employment will increase to more than 400 workers, a 60 percent increase from 2016. ...

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$85 million sawmill to be built at Newton, creating 125 jobs

  MBJ staff St. Clair, Mich.-based Biewer Lumber will build an $85 million sawmill in Newton and create 125 jobs, according to a news release from the governor’s office. Construction is to begin in the first quarter, with production expected to begin in early 2017. Biewer operates four Midwestern sawmills, as well as three treatment/distribution centers. “We are pleased to ...

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BankFirst to merge with Newton County Bank

NEWTON — BankFirst Capital Corporation has merged with Newton County Bancorporation Inc. The transaction, which is expected to close in the third quarter of 2015, was unanimously approved by the boards of both companies but remains subject to approval by NCB’s shareholders and regulators. Terms were not disclosed. Moak Griffin, BankFirst president & CEO, says in a news release that ...

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Litigation timeline key for Section 42 valuation fight

A key hearing this week in Hinds County Chancery Court could go a long way toward changing how tax assessors calculate the tax liability for Section 42 Housing Developments. The Mississippi Association of Supervisors, the Mississippi Municipal League and dozens of towns and cities have sued the Department of Revenue, in an attempt to force that agency to allow tax ...

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