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Home building slows to crawl in Columbus

Posted 2/19/2011 in Business

The Columbus Building Department issued only eight single-family residential building permits in 2010, marking possibly the worst year ever for new home construction in the city.


KiOR yet to land refinery customer

Posted 2/19/2011 in Business

While work has begun at the site of the KiOR plant in Columbus, the company has yet to secure a contract with a refinery that would process its synthetic crude oil -- and free up $75 million in state loans.


Cadence CEO Mallory resigns

Posted 2/17/2011 in Business

Lewis Mallory Jr., chairman and CEO of Cadence Bank, plans to retire from the company after the sale of the bank to a private equity firm is completed, the company said in a release.



Feds approve Cadence buyout

Posted 2/16/2011 in Business

Cadence Financial Corp., the parent of Cadence Bank, says the Federal Reserve has approved its buyout by a private Houston, Texas-based investment firm.


A snow day for working parents, too

Posted 2/11/2011 in Business

It was another snow day for Columbus and Lowndes County Thursday. And that meant many working parents were forced to take a snow day as well, or head into work with children in tow.


Starkville planning commission approves hotel, condo projects

Posted 2/9/2011 in Business

The Starkville planning and zoning commission Tuesday approved plats for a new hotel on Highway 12 and more than a half-dozen condominiums in the newly renovated Creamery at Central Station.


Buffalo Wild Wings coming to Starkville

Posted 2/8/2011 in Business

Larry Tabor, owner of the former University Inn on Spring Street, confirmed Monday the lobby and restaurant portion of the old hotel is being demolished to make way for a Buffalo Wild Wings franchise.


KiOR says it's close to receiving federal loan guarantees for biofuel plants

Posted 2/3/2011 in Business

KiOR, a Pasadena, Texas-based company, says it is a step closer to receiving federal loan guarantees to build four biofuel refineries -- two in Mississippi and one each in Georgia and Texas.



Starkville mayor vetoes sidewalk exemptions

Posted 2/3/2011 in Business

Starkville Mayor Parker Wiseman Wednesday vetoed the Board of Aldermen's recent amendments to the city's sidewalk ordinance, which exempted four streets south of Highway 12 from sidewalk construction requirements.



Main Street Columbus celebrates 'monumental' year

Posted 2/2/2011 in Business

Downtown Columbus gained 11 businesses, lost five and brought in about $6 million in private and public investments in 2010, according to Main Street President Todd Gale.


Hotels attract interest of restaurant chains

Posted 2/2/2011 in Business

As one new hotel approaches its grand opening and Castle Properties prepares to break ground on another, local developer Mark Castleberry predicts more hotel projects on the horizon. And hotel projects are attracting the interest of chain restaurants potentially locating in Columbus.


Columbus contractor appeals license suspension

Posted 2/1/2011 in Business

A Columbus construction firm is embroiled in dueling lawsuits while it appeals the suspension of its license.



Highway 45 merchants, unite

Posted 1/29/2011 in Business

Downtown Columbus gets a lot of love. But the truth is, most people in Columbus shop along Highway 45.


Move to unite Highway 45 businesses gains steam

Posted 1/29/2011 in Business

Bill Gavin's Highway 45 merchant association is moving forward, but both he and the organization will do well to practice patience.


Local employment picture brightens

Posted 1/27/2011 in Business

Mississippi turned overall employment in the right direction in 2010, adding 3,600 non-farm jobs, though the manufacturing and construction sectors continued to fall, the state Department of Employment Security said Wednesday.



Peter Imes: Running social media promotions

Posted 1/27/2011 in Business

Last week we looked at a few contests some large corporations are currently running on their Facebook pages. Let's look at some ways local businesses can create buzz with their pages.



Scott Colom: Entrepreneurs and the new marketplace

Posted 1/26/2011 in Business

Charles O. Perkins and Mario Murray have at least one thing in common: They are both using Facebook to sell something.



Tupelo promoted as complete shopping destination

Posted 1/26/2011 in Business

Downtown Tupelo and The Mall at Barnes Crossing should be partners, not competitors, according to initial recommendations from a consultant.



Trustmark nearly doubles fourth-quarter profit

Posted 1/26/2011 in Business

Regional banker Trustmark Corp. says it nearly doubled its fourth-quarter profit from a year ago as the company recorded declines in bad loans and cut its exposure to Florida real estate problems.


Severstal ramps up for expansion

Posted 1/22/2011 in Business

The time is approaching for Severstal to begin hiring for 100 new positions to staff its Phase II expansion.


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