The Mississippi Business Journal back issues from January 2007:
Start new year with resolutions for your business or profession
Jan 01, 2007; ... A new year brings a sense of renewal, both personally and professionally. Just as personal resolutions abound this time of year, some business people make resolutions for their work lives. For business owners looking to make 2007 a better year, Suzanne Russell, clinical therapist at St ....
Hard times ahead for steel industry in United States?
Jan 01, 2007; ... Two recent announcements in the steel industry - the lifting of tariffs on foreign made steel and a new steel mill in Louisiana, Arkansas or Alabama - could have an impact on the new $880-million SeverCorr facility in Lowndes County that started its first product lines late in 2006. The ...
Jubilee!JAM returning June 2007
Jan 01, 2007; ... JACKSON - The Jackson Arts and Music Foundation (JAM Foundation) has formed a partnership with TCB Entertainment and the Jackson Convention and Visitors Bureau (CVB) that will bring back Jubilee!JAM to the Capital City. The music festival is slated for June 15-16. TCB is a Memphis-based, ...
Mississippi Economic Council hosting A Capital Day January 4
Jan 01, 2007; ... The Mississippi Economic Council (MEC) will hold its annual A Capital Day networking event January 4, 2007, at the Mississippi Trademart in downtown Jackson. Registration will begin at 8:30 a.m., and the program will start at 9 a.m. A Capital Day offers business and community leaders and ...
Intechra buying companies
Jan 01, 2007; ... JACKSON - Intechra has entered into definitive agreements to acquire three information technology asset disposition (ITAD) companies with locations across the United States. The companies are: EPC of Los Angeles, an electronics recycling company; Market2Market of Columbus, Ohio; and SpaceFitters ...
EastGroup enters Charlotte market
Jan 01, 2007; ... JACKSON - EastGroup Properties has acquired four business distribution buildings in Charlotte, N.C., for a purchase price of $19.51 million. The buildings, which were constructed in 1987 through 1989, contain a total of 322,000 square feet and are located in the NorthPark Business Park ....
Complete buys more interest in plant
Jan 01, 2007; ... BATESVILLE - A wholly-owned subsidiary of Houston, Texas-based Complete Energy Holdings, LLC, has signed a definitive agreement to purchase the equity partners' majority interests in the Batesville Electric Generating Facility in Northwest Mississippi. Terms were not disclosed. The ...
Bridge work moving along
Jan 01, 2007; ... MISSISSIPPI GULF COAST - According to the Mississippi Department of Transportation (MDOT), there has been significant development in the construction of the bridge replacement project of the U.S. 90 Biloxi Bay Bridge in Harrison and Jackson counties that was destroyed by Hurricane ...
Superior buys Warrior
Jan 01, 2007; ... COLUMBUS - On December 12, Superior Energy Services Inc. completed its acquisition of Warrior Energy Services Corporation. Warrior has now merged into SPN Acquisition Sub Inc., a wholly-owned subsidiary of Superior, pursuant to the agreement and plan of merger among the parties dated September ...
Hancock introduces new loan
Jan 01, 2007; ... GULFPORT - Hancock Bank will offer a new type of disaster relief construction loan to assist area homeowners in rebuilding and repairing homes affected by Hurricanes Katrina and Rita. The Hancock Bank Home Recovery Construction Loan will allow homeowners to borrow up to 103% of the appraised ...
New, expanded facilities top $3B
Jan 01, 2007; ... ACROSS MISSISSIPPI - From January-November 2006, there were 655 new and expanded facilities announced in Mississippi that were expected to create approximately 9,839 new jobs and represent a capital investment of approximately $3.1 billion. There were a total of 164 new facilities unveiled, ...
Parkway sells properties, shares
Jan 01, 2007; ... JACKSON - Parkway Properties Inc. has closed on the fee simple sale of two properties located in Houston, Texas, to unrelated purchasers. Richmond Centre, a 92,000-square-foot office building in the Westchase submarket of Houston, sold for $6.9 million. Ashford II, a 59,000-square-foot ...
MPACT's enrollment rises
Jan 01, 2007; ... JACKSON - According to State Treasurer Tate Reeves, the Mississippi Prepaid Affordable College Tuition (MPACT) enrollment numbers were up approximately 70% as of December 8, 2006, compared to December 2005's numbers. "I am very pleased with the figures," Reeves said. "It is important ...
Check=Safe unveiled
Jan 01, 2007; ... JACKSON - Check=Safe, a new weapon in the war on rampant identity theft and financial fraud in Metro Jackson, has launched. A joint effort of the MetroJackson Chamber of Commerce and the Metro Jackson Identity Theft Task Force, Check=Safe is designed to encourage area merchants to check all IDs ...
Gulf Coast property values skyrocket through four quarters
Jan 01, 2007; ... A funny thing happened on the way to recovery. The value of property along Mississippi's Gulf Coast, some of it damaged and even wiped out by Hurricane Katrina, increased. According to the U.S. Office of Federal Housing Enterprise Oversight, property values along the Mississippi Gulf Coast ...
Annual charities report published by SoS
Jan 01, 2007; ... JACKSON - The ninth-annual comprehensive financial report on charities operating in Mississippi, the first to contain initial financial information on charitable giving since Hurricane Katrina, is now available. The "Report on Charitable Organizations in Mississippi" details the financial ...
Oreck cites insurance, labor availability as reasons for leaving
Jan 01, 2007; ... LONG BEACH - Ten years ago Oreck Corp. left New Orleans for a better business climate in Mississippi. After Hurricane Katrina, Oreck was one of the first major businesses on the Coast to get back up and running after the storm despite being only six blocks away from some of the worst devastation ...
Value of incentives questioned
Jan 01, 2007; ... LONG BEACH - The decision of Oreck Corp. to leave Long Beach after having received a large amount in incentives has some Harrison County officials questioning whether the county has received the raw end of the deal. Beat Three Supervisor Marlin Ladner, who represents the area, said he ...
EMBDC annual meeting theme was teamwork--again
Jan 01, 2007; ... MERIDIAN - When the East Mississippi Business Development Corporation announced that the theme for its 10th annual meeting would be "Teamwork," it would have been understandable if the cynics and skeptics had led a chorus of moans with, "Not again." After all, that was what Wade Jones had ...
Millsaps College business school ranked in Top 10
Jan 01, 2007; ... JACKSON - Each year, The Princeton Review publishes "Best 282 Business Schools." For the 2007 edition, more than 18,000 students at 282 business schools were surveyed, and the information that they reported was used, along with school statistics provided by school administrators, to create 11 ...
Coast CPAs working through a never-ending tax season
Jan 01, 2007; ... A never-ending tax season is the worst nightmare most of us can imagine. Even CPAs might have a hard time warming up to that idea, but that's what's happening to some Gulf Coast accountants. They've been hit hard by the endless tax season created by Hurricane Katrina. Tax deadlines were ...
Go Zone bonus depreciation benefit extension welcomed
Jan 01, 2007; ... With a recent congressional extension, the Gulf Opportunity Zone Act got better for business owners in the hardest hit areas of the state. Those in Hancock, Harrison, Jackson, Pearl River and Stone counties, along with seven Louisiana parishes, now have more time to take advantage of tax ...
CPA Ambassadors promoting profession in state, nation
Jan 01, 2007; ... A group of Mississippi CPAs are on a mission to spread the good news about their profession, speak out on timely topics and promote better financial literacy in the state and country. They're part of the CPA Ambassadors program that was begun in 2003 by the American Institute of Certified Public ...
With new electronic discovery rules, technology targeted
Jan 01, 2007; ... Employees may want to be more careful when logging on to their computers to work from home. Changes in a federal law that took effect December 1, 2006, widen the scope of electronic discovery to include home computers, text messages, PDAs and Internet service providers. All may be open to ...
Good time to start thinking about tax preparation, planning
Jan 01, 2007; ... The bad news is it is too late to meet with trusted CPAs for tips on year-end tax planning for 2006. The good news is that CPAs can provide lots of good ideas for how to get ready for filing 2006 taxes, and how to plan ahead to minimize taxes for 2007. "For all taxpayers, whether ...
Start new year with resolutions for your business or profession.
Jan 01, 2007; ... A new year brings a sense of renewal, both personally and professionally. Just as personal resolutions abound this time of year, some business people make resolutions for their work lives. For business owners looking to make 2007 a better year, Suzanne Russell, clinical ...
Hard times ahead for steel industry in United States? SeverCorr says it is prepared to meet challenges posed by revocation of steel tariffs, possible new mill in South.
Jan 01, 2007; ... Two recent announcements in the steel industry--the lifting of tariffs on foreign made steel and a new steel mill in Louisiana, Arkansas or Alabama--could have an impact on the new $880-million SeverCorr facility in Lowndes County that started its first product lines late in 2006. ...
Jubilee!JAM returning June 2007.
Jan 01, 2007 ... JACKSON -- The Jackson Arts and Music Foundation (JAM Foundation) has formed a partnership with TCB Entertainment and the Jackson Convention and Visitors Bureau (CVB) that will bring back Jubilee!JAM to the Capital City. The music festival is slated for June 15-16. TCB is a ...
This year, maybe I'll keep my resolutions 'til spring.(As I See It)(Column)
Jan 01, 2007; ... Another year has come and gone, and we find ourselves in 2007--whether we're ready or not. Chances are, many of us are, in fact, not ready. Nonetheless, time waits on no one so we might as well get with the program and launch the new year with enthusiasm, perhaps even with a little gusto. ...
Turning the corner.(From the Ground Up)(Column)
Jan 01, 2007; ... As we turn the corner on a new year, it is time to clean off the desk and share some items that almost turned into columns. These are things that piqued my interest and caused me to set aside an article or some notes intending to write a column about the subject. In other words, at the ...
Book celebrates law school's 150 years.(Across the Desk)
Jan 01, 2007; ... The memories forged at the schools we attend tend to ripen over time--expanding and continuing to shape who we are long after that final bell rings or the last textbook is put away. Experiences in the classroom can be profound. Well, at good schools with skilled teachers and motivated ...
Mississippi Economic Council hosting A Capital Day January 4.(Strictly Business)(Public notice)
Jan 01, 2007 ... The Mississippi Economic Council (MEC) will hold its annual A Capital Day networking event January 4, 2007, at the Mississippi Trademart in downtown Jackson. Registration will begin at 8:30 a.m., and the program will start at 9 a.m. A Capital Day offers business and community ...
Intechra buying companies.(Strictly Business)
Jan 01, 2007 ... JACKSON -- Intechra has entered into definitive agreements to acquire three information technology asset disposition (ITAD) companies with locations across the United States. The companies are: EPC of Los Angeles, an electronics recycling company; Market2Market of Columbus, Ohio; and ...
EastGronp enters Charlotte market.(Strictly Business)(EastGroup Properties Inc.)(Brief article)
Jan 01, 2007 ... JACKSON -- EastGroup Properties has acquired four business distribution buildings in Charlotte, N.C., for a purchase price of $19.51 million. The buildings, which were constructed in 1987 through 1989, contain a total of 322,000 square feet and are located in the NorthPark ...
Complete buys more interest in plant.(Strictly Business)(Complete Energy Holdings)(Brief article)
Jan 01, 2007 ... BATESVILLE -- A wholly-owned subsidiary of Houston, Texas-based Complete Energy Holdings, LLC, has signed a definitive agreement to purchase the equity partners' majority interests in the Batesville Electric Generating Facility in Northwest Mississippi. Terms were not disclosed. ...
Bridge work moving along.(Strictly Business)(Brief article)
Jan 01, 2007 ... MISSISSIPPI GULF COAST -- According to the Mississippi Department of Transportation (MDOT), there has been significant development in the construction of the bridge replacement project of the U.S. 90 Biloxi Bay Bridge in Harrison and Jackson counties that was destroyed by Hurricane ...
Superior buys Warrior.(Strictly Business)
Jan 01, 2007 ... COLUMBUS -- On December 12, Superior Energy Services Inc. completed its acquisition of Warrior Energy Services Corporation. Warrior has now merged into SPN Acquisition Sub Inc., a wholly-owned subsidiary of Superior, pursuant to the agreement and plan of merger among the parties dated ...
Hancock introduces new loan.(Strictly Business)
Jan 01, 2007 ... GULFPORT -- Hancock Bank will offer a new type of disaster relief construction loan to assist area homeowners in rebuilding and repairing homes affected by Hurricanes Katrina and Rita. The Hancock Bank Home Recovery Construction Loan will allow homeowners to borrow up to 103% of the ...
New, expanded facilities top $3b.(Strictly Business)(Brief article)
Jan 01, 2007 ... ACROSS MISSISSIPPI -- From January-November 2006, there were 655 new and expanded facilities announced in Mississippi that were expected to create approximately 9,839 new jobs and represent a capital investment of approximately $3.1 billion. There were a total of 164 new ...
Peoples raises dividend again.(Strictly Business)
Jan 01, 2007 ... BILOXI -- The board of directors of Peoples Financial Corporation, parent of The Peoples Bank, has declared the holding company's regular semi-annual cash dividend of $0.23 per common share, payable January 16 to stockholders of record January 8. The new semi-annual dividend ...
Parkway sells properties, shares.(Strictly Business)
Jan 01, 2007 ... JACKSON -- Parkway Properties Inc. has closed on the fee simple sale of two properties located in Houston, Texas, to unrelated purchasers. Richmond Centre, a 92,000-square-foot office building in the Westchase submarket of Houston, sold for $6.9 million. Ashford II, a ...
MPACT's enrollment rises.(Strictly Business)(Mississippi Prepaid Affordable College Tuition )(Brief article)
Jan 01, 2007 ... JACKSON -- According to State Treasurer Tate Reeves, the Mississippi Prepaid Affordable College Tuition (MPACT) enrollment numbers were up approximately 70% as of December 8, 2006, compared to December 2005's numbers. "I am very pleased with the figures," Reeves said. "It is ...
Check=Safe unveiled.(Strictly Business)(identity theft prevention program by Metro Jackson Chamber of Commerce, Metro Jackson Identity Theft Task Force)(Brief article)
Jan 01, 2007 ... JACKSON -- Check=Safe, a new weapon in the war on rampant identity theft and financial fraud in Metro Jackson, has launched. A joint effort of the Metro Jackson Chamber of Commerce and the Metro Jackson Identity Theft Task Force, Check=Safe is designed to encourage area merchants to check ...
Gulf Coast property values skyrocket through four quarters.
Jan 01, 2007; ... A funny thing happened on the way to recovery. The value of property along Mississippi's Gulf Coast, some of it damaged and even wiped out by Hurricane Katrina, increased. According to the U.S. Office of Federal Housing Enterprise Oversight, property values along the Mississippi Gulf Coast ...
Annual charities report published by SoS.
Jan 01, 2007 ... JACKSON -- The ninth-annual comprehensive financial report on charities operating in Mississippi, the first to contain initial financial information on charitable giving since Hurricane Katrina, is now available. The "Report on Charitable Organizations in Mississippi" details the financial ...
Oreck cites insurance, labor availability as reasons for leaving.
Jan 01, 2007; ... LONG BEACH--Ten years ago Oreck Corp. left New Orleans for a better business climate in Mississippi. After Hurricane Katrina, Oreck was one of the first major businesses on the Coast to get back up and running after the storm despite being only six blocks away from some of the worst ...
Value of incentives questioned.
Jan 01, 2007; ... LONG BEACH--The decision of Oreck Corp. to leave Long Beach after having received a large amount in incentives has some Harrison County officials questioning whether the county has received the raw end of the deal. Beat Three Supervisor Marlin Ladner, who represents the area, ...
EMBDC annual meeting theme was teamwork--again: but this time it's productive.(East Mississippi Business Development Corporation)(Conference news)
Jan 01, 2007; ... MERIDIAN--When the East Mississippi Business Development Corporation announced that the theme for its 10th annual meeting would be "Teamwork," it would have been understandable if the cynics and skeptics had led a chorus of moans with, "Not again." After all, that was what Wade Jones had ...
Millsaps College business school ranked in top 10.
Jan 01, 2007; ... JACKSON--Each year, The Princeton Review publishes "Best 282 Business Schools." For the 2007 edition, more than 18,000 students at 282 business schools were surveyed, and the information that they reported was used, along with school statistics provided by school administrators, to create ...
Coast CPAs working through a never-ending tax season.(Focus)
Jan 01, 2007; ... A never-ending tax season is the worst nightmare most of us can imagine. Even CPAs might have a hard time warming up to that idea, but that's what's happening to some Gulf Coast accountants. They've been hit hard by the endless tax season created by Hurricane Katrina. Tax ...
Go Zone bonus depreciation benefit extension welcomed.(Law & Accounting)(Gulf Opportunity Zone Act of 2005)
Jan 01, 2007; ... With a recent congressional extension, the Gulf Opportunity Zone Act got better for business owners in the hardest hit areas of the state. Those in Hancock, Harrison, Jackson, Pearl River and Stone counties, along with seven Louisiana parishes, now have more time to take advantage of tax ...
CPA Ambassadors promoting profession in state, nation.(Focus)
Jan 01, 2007; ... A group of Mississippi CPAs are on a mission to spread the good news about their profession, speak out on timely topics and promote better financial literacy in the state and country. They're part of the CPA Ambassadors program that was begun in 2003 by the American Institute of Certified ...
With new electronic discovery rules, technology targeted.(Law & Accounting)
Jan 01, 2007; ... Employees may want to be more careful when logging on to their computers to work from home. Changes in a federal law that took effect December 1, 2006, widen the scope of electronic discovery to include home computers, text messages, PDAs and Internet service providers. All may be open to ...
Good time to start thinking about tax preparation, planning.(Focus)
Jan 01, 2007; ... The bad news is it is too late to meet with trusted CPAs for tips on year-end tax planning for 2006. The good news is that CPAs can provide lots of good ideas for how to get ready for filing 2006 taxes, and how to plan ahead to minimize taxes for 2007. "For all taxpayers, ...
CPA firms.
Jan 01, 2007 ... <Pre> CPA FirmsNumber of Name, Telephone Number Total StaffNumber of CPAs Address Fax Year Founded HORNE LLP475 101 (601) 948-0940 ...
Protection from employee lawsuits begins with careful hiring.(Law & Accounting)
Jan 01, 2007; ... Setting the scene: An advertisement for a law firm engaged in employment law shows a wolf in sheep's clothing. The headline of the ad says, "Employees' motives aren't always warm and fuzzy." Employment lawsuits pose a serious threat to your business, says Bert Ehrhardt, an ...
Time right for tech upgrade? That depends...
Jan 08, 2007; ... Quite a few people wait until their computer or other office equipment breaks down before replacing it. That might not be the best strategy especially as with Murphy's Law, breakdowns often happen at the worst time. But exactly how do you decide when it is time to invest in new ...
Cigar company promoting hand-rolled products, Delta blues
Jan 08, 2007; ... CLARKSDALE - Long known for the Delta blues, soon this area will also be known for premium cigars. Avalon Cigars, a boutique cigar manufacturer that uses a proprietary pecan-aging process, is going into production here in 2007. Building on the popularity of the Delta's native music, Avalon's ...
Philip Shirley named CEO of GodwinGroup
Jan 08, 2007; ... JACKSON - Danny F. Mitchell, chairman of GodwinGroup, announced January 2 that Philip Shirley has been named chief executive officer. Shirley, also a senior partner of the agency, will oversee strategic initiatives and day-to-day operations. Shirley has served as president and chief ...
TVA makes first Securities and Exchange Commission filing
Jan 08, 2007; ... NORTH Mississippi - The Tennessee Valley Authority (TVA) has filed its first-ever Form 10-K annual report with the Securities and Exchange Commission (SEC), reporting total operating revenues of almost $9.2 billion for the 2006 fiscal year, an increase of 18% from the previous ...
Beau restoration complete
Jan 08, 2007; ... BILOXI - On December 29, Beau Rivage Resort and Casino completed its $550-million transformation with the opening of the Beau Rivage Theatre. The Theatre features a 1,550-seat showroom and $3-million, stateof-the-art sound and lighting system. In the aftermath of Hurricane Katrina, Beau ...
Cadence moves to NASDAQ
Jan 08, 2007; ... STARKVILLE - Cadence Financial Corporation has been approved for listing on the NASDAQ Global Select Market under the symbol "CADE." Trading on the NASDAQ was expected to commence December 28, 2006. Lewis F. Mallory Jr., chairman and CEO of Cadence, said, "The move to NASDAQ and ...
Bryson buys two agencies
Jan 08, 2007; ... RIDGELAND - Bryson Insurance has acquired two Mississippi insurance agencies - Banks Insurance in Hattiesburg and Shackleford Brothers & Fortenberry in Canton. Terms of the transactions were not disclosed. Although technically acquisitions, Banks Insurance principal Bobby Banks and ...
D&PL reports loss
Jan 08, 2007; ... SCOTT - Delta and Pine Land Company (D&PL) recorded a net loss during the first quarter ended November 30, 2006. Due to the seasonal nature of the seed business, D&PL typically incurs losses in its first and fourth fiscal quarters. After charges of $0.06 per diluted share related ...
Land Bank South distributes $3M
Jan 08, 2007; ... FLOWOOD - The board of directors and management of Land Bank South, FLCA, has declared and paid a cash patronage distribution of $3 million to its members. The amount was based on the association's financial performance over the year. This distribution is $1 million larger than the ...