Category Archives: Business

Starkville Farmers Market is Back

Starkville Farmers Market is Back

STARKVILLE – Courtesy of The Dispatch

Prather (courtesy starkville.org)

Starkville Community Market will be open this Tuesday from 4-6 p.m. at Fire Station No. 1 Park.

SCM manager and Greater Starkville Development Partnership special events coordinator Jennifer Prather reports that roughly eight to ten vendors are expected to sell early spring produce and other goods at the event; more growers and producers are expected to join when the market’s Saturday offerings begin May 6. “We’ve spoken to new vendors outside of Starkville about new offerings, like baked goods and goat’s cheese and milk. We’re looking to increase the variety,” she said.

The Market will be held at Fire Station No. 1’s greenspace, located at the intersection of Lampkin and Russell streets.

Prather went on to say, “We’re working with Starkville Utilities to help grow the capacity for electricity there. Many vendors require refrigeration for their products, so that’s a priority for us moving forward. We’re also working on a project to install new benches and garbage cans, and overall looking into other ways to better develop the area in a community friendly way . . . We’re really enjoying the location. The aesthetics make a huge difference because the area is friendly to vendors and shoppers.”

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Girl Scouts Honor GTR’s Finest at Women of Distinction Ceremony

Girl Scouts Honor GTR’s Finest at Women of Distinction Ceremony

GTR LINK’s Brenda Lathan and her fellow honorees (courtesy Columbus Lowndes CoC)

Girl Scouts Heart of the South held its Women of Distinction in the Golden Triangle Region this past Friday. The keynote speaker was Dr. Kate Borsig.

Among the honorees was The Golden Triangle’s own Brenda H. Lathan, Senior Vice President of Economic Development at the GTR LINK!

We here at Good for Business would like to congratulate Ms. Lathan and all of the honorees. Thank you for your selfless contribution to our communities!

For more photos and info, please click here.

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SDI Paint Facility in Columbus Now Open for Business

SDI Paint Facility in Columbus Now Open for Business

“The opening of this new paint facility is a significant milestone for Steel Dynamics and the people of the Golden Triangle region, as it represents the company’s commitment to doing business in Lowndes County and creating jobs for the area’s workforce,” Governor Bryant said.

“The Paint Line project will improve the Columbus Flat Roll Division’s competitiveness and sustainability in our steel markets,” said Madhu Ranade, vice president and general manager of Steel Dynamics, Flat Roll Group, Columbus Division. “We’re grateful to the state of Mississippi, MDA, Lowndes County, TVA and ARC for their continued partnership as we expand in Columbus.”

The Mississippi Development Authority helped with infrastructure improvements, rail construction and workforce training. The Tennessee Valley Authority, Appalachian Regional Commission and the Lowndes County Board of Supervisors also provided assistance for the project.

“Sustainable growth in economic development is achievable in our state when all levels of government work together to create a business environment in which companies can achieve their goals,” said MDA Executive Director Glenn McCullough, Jr. “MDA congratulates SDI and our partners at the Golden Triangle Development LINK, Lowndes County, TVA, ARC and the Lowndes County Industrial Development Authority on this momentous occasion.”

The facility’s new paint line has an annual coating capacity of 250,000 tons.

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Cotton on the Rise in Mississippi

Cotton on the Rise in Mississippi

Courtesy of the Mississippi Business Journal

courtesy photo

Buoyed  by a notable increase in cotton prices, agriculture experts are forecasting a significant rise in the amount of cotton production in the state.

“The outlook for the 2016-2017 crop is we are going to a fairly considerable increase in cotton acres,” said Larry Falconer, Ph.D., an extension professor with the Delta Research and Extension Center. “Cotton prices have rebounded. With cotton futures in mid-70s per pound range for the new crop, it looks like the margins for cotton production are much better than they have been in the past two or three years . . . Hopefully, it will continue to do hang in there at these levels or a little higher,” Falconer continued.

This follows several years of low prices for the crop; in 2015, there were 320,000 acres of cotton planted in Mississippi, a near-historic low. In 2016, cotton acres planted went up to 450,000 acres. Falconer says that, if predictions hold true, there may be as many as 700,000 acres on the high end this year, depending on conditions and the weather.

Brian Williams, Ph.D, assistant extension professor, Mississippi State University, spoke about an upcoming farm bill: “They are thinking about it already,” Williams said. “There is a lot of pressure, more than in past years, to get this farm bill through as early as they can. I think part of that is pure politics. When you look at the makeup of the Senate, especially, there are several Democrats from swing states who are up for re-election in 2018. From what I have heard, they would like to get the farm bill off of their plate before re-election.”

Williams said farm groups are also putting pressure on legislators to get it done as soon as they can just because of the low-price environment and the tight margins compared to where producers where with higher prices when the present farm bill was adopted. He said the sooner  a farm bill is adopted, the better producers will fare in getting more money into the commodity programs.

Agriculture is the number one industry in Mississippi with sales of about $6.2 billion a year and employment of about 30 percent of the workforce.

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Bargain Hunt, Vapezy Open; LA Shrimp Shack Shutters its Doors

THE DISPATCH

In mid-February The Dispatch brought us the news that Bargain Hunt would be opening in Columbus in the former Southern Family Market location next to K-Mart. The store is now preparing for a grand opening to be held on March 17. Their new Columbus location is in addition to their existing one in Starkville, and more than sixty others nationwide.

The store’s hours will be 10 a.m.-8 p.m. Monday-Thursday, 10 a.m.-9 p.m. Friday-Saturday and 11 a.m.-7 p.m. Sundays. It will bring 25 new jobs to the area.

Highway 45 gained another new attraction in the form of Vapezy, a premium e-liquid and supply store located at 1909-B Hwy. 45 N.  Billy and Andrea Ezell opened Vapezy in September of last year.  The couple are originally from Webster County, where they became friends through the medium of vaping, that is, the enjoyment of vapor-producing electronic cigarettes.

“We want to present a greater sense of community than other shops,” Ezell said regarding the store’s future. “That’s what the vape scene is really about.”

While currently operating out of the store’s front section, there are plans to add a lounge into the 1,800 square-foot building. The store carries eight different lines of e-liquid and plans to expand to carry numerous vaping devices, from starter to advanced level, alongside additional e-liquids.  Vapezy is open 10 a.m.-8 p.m. Monday-Saturday.

Finally, the Louisiana Shrimp Shack quietly closed its doors on Feb. 21.  The Shrimp Shack originally opened Sept. 8, 2016, with Kenny Whitey, a fisherman from New Orleans, as owner. It was located at 1909-A Hwy. 45 N. and enjoyed much praise from locals for its fresh from the gulf seafood and “straight-outta-the-bayou” home-cooking.  Whitey said the travel to and from the shack was too much for the family to maintain.

http://cdispatch.com/news/article.asp?aid=56789

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State Unemployment Rate at 13-Year Low

State Unemployment Rate at 13-Year Low

The Dispatch

The MS Dept. of Employment Security reports that the Mississippi’s seasonally-adjusted unemployment rate has hit a 13-year low over the past two months. According to their data, the seasonally-adjusted rate has come in at 5.5% (down from 6.1% in January); the last time it was that low was in December 2003.

The nation’s seasonally-adjusted unemployment rate for January was 4.8 percent.

Lowndes County’s unemployment rate increased from 5.9 percent in December to 6.5 percent in January. Oktibbeha County’s jobless rate went up from 5.6 percent in December to 5.9 percent in January and the unemployment rate went from 7.7 percent to 8.1 percent in Clay County.

Statewide, 500 new jobs were created in January, MDES data shows.

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LC Supervisors Have Approved Funding for Job Development at Steel Dynamics’ Industrial Park

LC Supervisors Have Approved Funding for Job Development at Steel Dynamics’ Industrial Park

LOWNDES COUNTY – Courtesy of The Dispatch

GTR LINK CEO Joe Max Higgins reports that Lowndes County supervisors unanimously approved more than $1.7 million in grants and loans for a company to build a $7.5 million new facility on the Steel Dynamics, Inc. campus at the industrial park west of Columbus. Some further funding will be required, but this gets the ball rolling in a major way, and opens the door to new facilities (including a railroad spur) which should provide at least fifty local jobs.

Joe Max Higgins, left, and Harry Sanders

“They need to ship out product by rail,” Higgins said. “And there needs to be an improved road to where they can do truck deliveries out as well . . .  The steel’s made on campus, so it’s just taken up there and processed,” he added. “But then it will go out by train to those customers who want train delivery or by truck for those of them who want trucking.”

“[The new company will] basically take steel that SDI makes and further process it into what I understand is a consumer product,” Higgins said. “It’s about a $7.5 million investment that’ll create 50 jobs, and I think that’s (the job count) a conservative number — I think it could go higher . . . It’s not a Steel Dynamics project, but it’s a result of Steel Dynamics being here,” Higgins went on to say. “Quite frankly, it’s a result of the new paint line that they’re fixing to put online. This is probably the first new business that you can directly attribute to the new paint line.”

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Academy Sports Coming to Starkville, Bringing Plenty of Jobs

Academy Sports Coming to Starkville, Bringing Plenty of Jobs

STARKVILLE – Courtesy of Starkville Daily News

Academy Sports+Outdoors on Highway 12 is nearing completion; the store is set to open in late spring, bringing around 100 new jobs to Starkville. The Starkville location will be Academy’s eighth location in Mississippi. The Starkville location will carry apparel for local sports teams. Academy Sports also sells products for outdoor sports and recreational activities.

Academy Sports+Outdoors on Highway 12 will open in late spring (photo by Sarah Raines, SDN)

“We’re always looking to expand, and we’re excited to offer the Starkville community a convenient new shopping destination,” Academy Sports Communication Specialist Karly Makovy said. “Because our store caters to active-minded customers, the Starkville area was a great fit … We are excited to be in Starkville and serve those Bulldog customers . . . The store is going to bring approximately 100 jobs to the area,” Makovy went on to say. “Information on job positions will be posted online. There is information on salary and part-time positions for those people.”

Applications are being accepted on the Academy career website.

“We’re really excited to enter the community,” Makovy said. “We could serve a lot of things in Starkville — a lot of outdoor activities that the community can be involved with. We’ve been eyeing the community for a while.”

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Navistar Lands New Contract, Will Keep Them Working Through 2019

Navistar Lands New Contract, Will Keep Them Working Through 2019

PRESS RELEASE – Courtesy of WCBI

WASHINGTON, D.C. – U.S. Senators Thad Cochran (R-Miss.) and Roger Wicker (R-Miss.), and Representative Trent Kelly (R-Miss.) today announced a $440 million U.S. Army contract for work to be done at the Navistar facility in West Point.

Under the contract, Navistar workers in West Point would reset and upgrade 1,085 Mine Resistant Ambush Protected (MRAP) MaxxPro Excess Defense Article vehicles and associated accessories for the United Arab Emirates.  The contract has been approved through the U.S. Foreign Military Sales process.

“This contract will support an important Middle East ally, which serves our U.S. security interests,” said Cochran, chairman of the Senate Defense Appropriations Subcommittee.  “I’m pleased that the excellent workmanship of Mississippians in the Golden Triangle will be an essential part of this effort.”

“Our state’s skilled workforce has become a trusted partner in advancing our nation’s defense, and this contract further proves that,” said Wicker.  “This is great news for West Point and the entire state of Mississippi.  I am pleased the U.S. Army has recognized the high quality of the work being done in our state.”

“At a time when there are rising threats around the world, our allies have never been more important,” Kelly said.  “It is great to see our hardworking First District Mississippians support our friends in the United Arab Emirates through this contract.”

The contract is expected to be completed in March 2019.

See video here.

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City of Columbus Waives Debt for Local Business

City of Columbus Waives Debt for Local Business

THE DISPATCH –

The city of Columbus has agreed to forgive about $80,000 clothing manufacturer American Power Source, located at 826 17th Ave. S., owes on its property note. In exchange, the company must pay property taxes and note payments that are delinquent and keep its employment at a minimum of 30 jobs. Photo by: Alex Holloway/Dispatch Staff

City Attorney Jeff Turnage reported that the city and Golden Triangle Development LINK worked out an agreement which would see military clothing manager American Power Source Inc. repay roughly $66,000 worth of back taxes and note payments to the city, the county, and the city school district, in exchange for the deed to the manufacturer’s property and other considerations. The agreement also requires that the company continue to do business at their current location, as well as maintaining current employment for local workers.

“In the past three to four years,” the agreement states, “APSI has unfortunately experienced a substantial reduction in orders and sales volume for U.S. military uniforms that it produces due, at least in part, to a shift in the production of such uniforms to U.S. prisons.”   Because of slumping production, American Power Source has missed several note payments and ad valorem tax payments for 2014-16. The resolution notes a “substantial likelihood” the company would fail to make the remaining note payments.

Ward 4 Councilman Marty Turner, who cast the one opposing vote, did so because he said he didn’t feel it was in the best interest of his ward or the city as a whole. He encouraged people to research the company and agreement, and said he felt more people should have been involved before the final decision.  “It could have been much better if more people were involved for the disclosure of what was going on,” Turner said. “It could have been much better. I don’t just necessarily disagree with everything, but if we would have had a better deal, then I would have went along with it . . .It seems like the government is leaving the ordinary people out of the discussion, and their representatives are just voting just to vote,” he added.

Please click here for full article.

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