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SBA Administrator Guzman Announces Application Opening for $28.6 Billion Restaurant Revitalization Fund

By Will Caves | April 27, 2021

SBA Administrator Isabella Casillas Guzman recently announced the U.S. Small Business Administration will begin registrations on Friday, April 30, 2021, at 9 a.m. EDT and open applications on Monday, May 3, 2021, at noon EDT for the Restaurant Revitalization Fund. The online application will remain open to any eligible establishment until all funds are exhausted. […]

Jackson County Flourishing in Its Economic Development Eco-System

By Will Caves | April 27, 2021

Today, economic development isn’t just about putting a new metal Quonset hut on the edge of town with 25 new welding jobs, although that is still a shot in the arm for a small town or rural county. The amazing success we are observing in Jackson County, Mississippi, over a year and a half of […]

Recurrent Energy Breaks Ground on 100 MW Sunflower Solar Project

By Will Caves | April 22, 2021

Canadian Solar Inc. (“Canadian Solar”) recently announced its wholly-owned subsidiary, Recurrent Energy, LLC (“Recurrent Energy”), commenced construction on the 100 MWac Sunflower Solar Project located in Sunflower County, Mississippi. To support construction of the Sunflower solar project, Recurrent Energy recently closed debt financing totaling over $146 million, inclusive of construction loan and letter of credit […]

SBA Announces Official Restaurant Revitalization Fund Application and Guidelines

By Will Caves | April 20, 2021

SBA Administrator Isabella Casillas Guzman recently announced key details on application requirements, eligibility, and a program guide for the Restaurant Revitalization Fund (RFF). The restaurant industry has been among the hardest-hit sectors during the economic downturn caused by the COVID-19 pandemic. To help bring jobs back and revive the industry, the American Rescue Plan, signed […]

Huntington Ingalls Industries Awarded $107 Million Advance Procurement Contract for Amphibious Assault Ship LHA 9

By Will Caves | April 20, 2021

Huntington Ingalls Industries recently announced that its Ingalls Shipbuilding division has received a fourth contract modification from the U.S. Navy for $107 million to provide long-lead-time material and advance procurement activities for amphibious assault ship LHA 9. This modification brings the total advance funding for LHA 9 to $457 million. “The amphibious warship production line […]

Milwaukee Tool Creating 1200 Jobs in Grenada County

By Will Caves | April 20, 2021

Milwaukee Tool, a leading manufacturer of heavy-duty power tools, hand tools, storage, and accessories for the professional construction trades worldwide, announced plans to expand its presence in Mississippi. The company will invest $60 million in advanced technology and manufacturing equipment to support the operation of a new accessories manufacturing facility in Grenada County. As part […]

BancorpSouth Bank and Cadence Bancorporation to Combine in Transformational Merger

By Will Caves | April 12, 2021

BancorpSouth Bank (BancorpSouth) and Cadence Bancorporation (Cadence), the parent company of Cadence Bank, N.A., jointly announced today that they have entered into a merger agreement under which the companies will combine in an all-stock merger with a total market value of more than $6 billion to create a leading Texas and Southeastern regional bank. Under […]

Jones College Launches Online Workforce College-Virtual Training

By Will Caves | April 12, 2021

Jones College’s new, Online Workforce College (OWC) has the potential to make the Ellisville institution and the state of Mississippi the workforce training hub for the world. The virtual workforce training developed at Jones is customizable to the business or individual’s needs. It also provides proof of industry-required skills, beyond a high school or college […]

Red Land Cotton Bringing 40 Jobs to Tylertown With New Sewing Operations

By Will Caves | March 30, 2021

Cotton producer Red Land Cotton, manufacturer of high-end linens, has located sewing operations in Tylertown to support an increased demand for the company’s products, all of which are grown and manufactured in the U.S. The project is a $375,000 corporate investment and will create 40 jobs. Red Land Cotton began growing cotton in Moulton, Alabama, […]

Yokohama Tire Announces Organizational Changes, New MS Leadership

By Will Caves | March 29, 2021

Several organizational changes were announced by Yokohama Tire Corporation (YTC). The changes, effective March 30, 2021 include: Jeff Barna, president of YTC, has been promoted to president and CEO of YTC. Shinichi Takimoto, a senior managing officer of The Yokohama Rubber Co. Ltd. (YRC), and current CEO of YTC, will retain his role as chairman […]

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