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Tag Archives: Texas

BancorpSouth Bank to Acquire Texas First Bancshares, Inc.

BancorpSouth Bank announced today the signing of a definitive merger agreement with Texas First Bancshares, Inc., the parent company of Texas First State Bank (collectively referred to as “Texas First”), pursuant to which Texas First will be merged with and into BancorpSouth. Texas First, which was founded in 1906 in Riesel, Texas, operates six full-service banking offices in the Waco, ...

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Hadley: Austin has nothing on Jackson and Mississippi

By NASH NUNNERY Elizabeth Ross Hadley left her heart in Mississippi. A lawyer/lobbyist with prestigious Texas firm Greenberg Traurig, Hadley and her husband Bryan made the decision ten years ago to move to Austin for better and bigger opportunities than her home state could offer. But the Jackson native comes home several times a year to visit family, attend Ole ...

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Electricity from Texas wind farms could cross Mississippi

By JACK WEATHERLY Green energy is eyeing Mississippi again. But this project is not another experiment that offers the state ground-floor entry into a new market. Such as the failed cellulose-to-fuel KiOR plant or Mississippi Power’s idled coal-gas fuel-powered electricity generation plant. Or the failure of two solar-panel manufacturing plants. The taxpayer was left holding the bag in the failed ...

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Sanderson plans to build Texas facilities with 1,700 jobs

By JACK WEATHERLY Sanderson Farms Inc. plans to build a $200 million processing plant, feed mill and hatchery in Smith and Wood counties, Texas. At full capacity, the facilities would employ 1,700 and process 1.25 million birds per week, the Laurel-based company said in a news release on Thursday. Additionally, contract growers are expected to invest $135 million. Operations are expected ...

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Firm to partially reimburse customers for investment losses

The Mississippi secretary of state says investment firm Morgan Stanley will return up to $4.2 million to partially reimburse customers who had “inordinate losses” because a portfolio manager allegedly used high-risk investments for people who hadn’t agreed to them. Secretary of State Delbert Hosemann says the firm agreed to resolve an investigation by the securities division of his office. In ...

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Mississippi in multi-state probe of VW’s bogus emissions tests

By TED CARTER Mississippi has joined more than two dozen other states in investigating whether German car manufacturer Volkswagen used deceptive trade practices to convince consumers that their cars were environmentally friendly, when they weren’t. Attorney General Jim Hood’s office declined to say whether Mississippi joined the multi-state investigation. The office said only that “the nature of this investigation has been ...

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On-demand-retail adding new niche for EastGroup

By TED CARTER A warehouse distribution model Jackson’s EastGroup Properties conceived nearly 20 years ago has found itself well situated to benefit from today’s “must-have-it-now” retail demand. “People want stuff and they want it quick,” said Leland Speed, the soon-to-retire founder and chairman of the real estate investment trust, or REIT. He opened the doors of the public held company in ...

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Search for Coast Coliseum director down to 4

BILOXI — Four candidates remain for the jobs of executive director of the Mississippi Coast Coliseum and Convention Center. The Coliseum Commission on Thursday whittled the applications down from 18 to four. The new director will replace Bill Holmes, who is retiring in August. The names of the four candidates have not been released. Commission member Mark Mavar told The ...

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PSC: Entergy membership saves $48 million for ratepayers

Entergy Mississippi customers saved an estimated $48 million during the first year of the utility’s  membership in MISO, a regional transmission organization formally known as the Midcontinent Independent System Operator Inc., according to a release from the Mississippi Public Service Commission. That amounts to a savings of approximately 3 percent, or about $3.50 on the typical residential customer’s monthly bill, ...

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