Tower Loan Acquires Nine Mississippi Offices from Central Financial Services, Inc.
Tower Loan, one of the nation’s leading independent finance companies, has announced the acquisition of receivables from Central Financial Services, Inc., covering accounts from nine office locations in Mississippi. These locations include Aberdeen, Columbia, Hattiesburg, Meridian, Philadelphia, Picayune, Quitman, Tupelo, and Waynesboro. All accounts will be transitioned and serviced through Tower Loan’s existing branches. This […]
Agriculture Industry Overview 2024
Mississippi’s agriculture industry remains vibrant with an overall production value estimated at $9 billion, despite a drop in row crop prices. Poultry is again the No. 1 sector of the agricultural industry with a value of $3.8 billion, up 10.5% from 2023. A rebound in broiler production in 2024 contributed to the commodity’s stronger showing […]
PCC GulfChem Corporation Beginning Operations in Harrison County Creating Jobs
PCC GulfChem Corporation is locating manufacturing operations in DeLisle. The project represents a corporate investment of at least $540 million and will create at least 84 jobs. In addition to the direct jobs being created by PCC GulfChem, hundreds of contractor and construction jobs also will be created during the project’s initial phases. “The Harrison […]
Magazine Salutes Entergy Corporation for Driving Economic Growth, Job Creation
For the 17th year in a row, Site Selection magazine has recognized Entergy Corporation as a top utility for driving economic growth in the communities it serves. The company’s four-state service area of Arkansas, Louisiana, Mississippi and Texas includes some of the largest and most energy-intensive industries in the United States. In 2023, Entergy Mississippi […]
MDA Recommending 10 Projects for Financing Through Gulf Coast Restoration Fund
The Mississippi Development Authority recently received 91 applications for project funding requests through the Mississippi Gulf Coast Restoration Fund. Applications were accepted this summer via MDA’s GCRF application web portal. Since 2018, with funds received from the BP oil spill settlement, GCRF provides funding to businesses and organizations aiming to boost economic activity in the […]
Stark Aerospace Defense Expanding in Columbus Creating at Least 96 Jobs
Global aerospace and defense company Stark Aerospace is expanding in Lowndes County to support a new contract with the U.S. Navy. The project will create 96 new jobs. The project represents a corporate investment of at least $21.6 million. Stark Aerospace recently was awarded a $61.454 million contract by the U.S. Navy for missile canister […]
Public Service Commission Approves Sell of CenterPoint Energy’s Natural Gas Utility Assets
On Tuesday, December 3, the Mississippi Public Service Commission unanimously approved the sale of CenterPoint Energy’s natural gas utility assets that serve counties across the state of Mississippi to Delta Utilities, a core-focused natural gas company based in New Orleans. A joint application between the parties requesting approval of the sale was filed with the […]
Burford Electric Service has Announced Expansion in Lowndes County
Burford Electric Service is expanding in Columbus. The project is a $3.55 million corporate investment and will create 14 jobs. Founded in 1959, Burford Electric Service is a third-generation family-owned Mississippi business that specializes in electromechanical repair and replacement solutions, including electric motor repair and pump repair, for customers in the Southeast. “We’re honored to […]
Mississippi Investing Millions Across the State in Projects
Will lay foundation for future economic development success Governor Tate Reeves has announced the state of Mississippi is investing over $110 million toward economic development, infrastructure upgrades, workforce development, tourism, and conservation efforts throughout Mississippi. The majority of grant approvals, totaling over $97 million, will be invested into projects that will further strengthen Mississippi’s economy […]
Keesler Federal and Jefferson Financial Federal Credit Unions Announce Plans for Historic Merger
Keesler Federal Credit Union and Jefferson Financial Federal Credit Union Boards of Directors have announced plans for the largest credit union merger in Louisiana and Mississippi history, resulting in enhanced services for members of both credit unions and a more robust footprint stretching across the Gulf Coast. Jefferson Financial Federal will be merged into Keesler […]
