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Tag Archives: North Carolina

Eric Martin Satz nominated to serve on TVA board

NASHVILLE — The White House has nominated venture capitalist Eric Martin Satz to serve on the board of the Tennessee Valley Authority. Satz is partner at venture capital and private equity firm TNCV. If he is confirmed by the U.S. Senate, Satz would serve on the federal utility’s board until May 2018. He would replace Oak Ridge attorney Neil G. ...

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TVA changing the way in charges for electricity

CHATTANOOGA — The Tennessee Valley Authority is giving notice that it plans to change the way it charges customers for electricity. The Chattanooga Times Free Press reports the nation’s largest public utility notified local power companies this month that its pricing schedules will be tweaked when the board meets in August to adopt a budget for next year. TVA officials ...

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Cumberland County North Carolina votes 4-3 to offer Sanderson Farms incentives

Associated Press / Fayetteville Observer CUMBERLAND COUNTY, North Carolina — Cumberland County commissioners voted 4-3 Monday night to offer incentives to Sanderson Farms, a poultry processing giant that once considered Fayetteville for a $95 million plant. The Mississippi-based company could have its pick of the litter if “Project Apple,” an unnamed venture approved Monday night by officials in St. Pauls ...

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Cumberland to vote on incentives for Sanderson Farms plant

FAYETTEVILLE, N.C. — The Cumberland County Board of Commissioners is voting on an incentives package for a $95 million chicken processing plant, but they may be too late. The Fayetteville Observer reports commissioners are scheduled to vote Monday night on whether to approve $2.5 million in incentives for a Sanderson Farms’ plant. But officials in Robeson County and St. Pauls ...

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Von Drehle locates paper machine facility in Natchez.

NATCHEZ — Von Drehle, a paper products supplier, has broken ground on a paper machine facility in Natchez. The groundbreaking was held Monday. Von Drehle acquired the former Mississippi River Pulp facility in 2013. The project represents an estimated $100 million incorporate investment and will create at least 100 jobs with the potential to increase to 150 when completed. Von ...

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North Carolina officials may revisit Sanderson Farms plant incentives

FAYETTEVILLE, N.C. — Cumberland County officials may reconsider tax breaks and other sweeteners for a proposed poultry plan that could employ 1,000 workers. The Fayetteville Observer reported that Cumberland County commissioners may vote Tuesday to set a public hearing on an incentives package for the Sanderson Farms plant. The Mississippi-based company told economic development officials last week that it is ...

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Mississippi, 6 other states have bans on atheists holding office

ANNAPOLIS — Some freedom-from-religion advocates are pressing Maryland and six other states to remove provisions from their state constitutions prohibiting people who don’t believe in God from holding public office. The Openly Secular coalition, based in Columbus, Ohio, says the other states are Arkansas, Mississippi, North Carolina, South Carolina, Tennessee and Texas. The New York Times first reported on the ...

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Two companies announce new jobs in Pontotoc

PONTOTOC — State and local officials gathered today as representatives from Brooks and Dehart Furniture Xpress, Inc. and Eaton Custom Seating announced they were investing in new and existing operations, respectively, in Pontotoc. The two companies are creating a total of 55 new jobs. Headquartered in North Carolina, Brooks and Dehart Furniture Xpress is a furniture-only logistics and delivery company. The ...

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Southern Gaming Summit: Tribal gaming growing in the South

BILOXI — Tribal gaming is expanding in the Southern region of the U.S. with the addition of gaming space, hotels and amenities such as spas, to keep gamblers longer and the casinos profitable for tribe members. Session attendees heard regional reports from Mississippi, Louisiana, Alabama, North Carolina and Oklahoma Wednesday at the Southern Gaming Summit in Biloxi. Holly Gagnon, president ...

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Gov. Phil Bryant to be in Natchez for von Drehle announcement

Mississippi Gov. Phil Bryant will be in Natchez Tuesday as part of an economic announcement. Bryant will be joined by state and local officials and representatives from von Drehle Corp. of Hickory, N.C., which recently bought the former Mississippi River Pulp property. Plans for the facility will be unveiled at 3:30 p.m. Tuesday. Von Drehle, which provides paper products to ...

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