Archive for April, 2008

Intechra collects thousands of pounds of used equipment

Earth Day 2008 has come and gone, but the impact continues. Jackson-based Intechra collected about 14,000 pounds of electronics equipment during its annual Earth Day event in Jackson and even more in communities around the country. More details from a company news release:

JACKSON, Miss., April 25, 2008 – Intechra collected nearly 45,000 pounds of used electronics during free recycling events April 12 at five of its facilities across the country. The total is up 12.5 percent from its Earth Day collections in 2007.

The electronics recycling company will process the used computers, laptops, monitors, printers, cell phones, TVs and stereos at facilities in Columbus, Ohio; Dallas; Hartford, Conn.; and Merrimack, N.H. Intechra also accepted donations at its Jackson, Miss. headquarters.

The same day, Intechra partnered with Dell at their Nashville, Tenn. campus. Roughly 200,000 pounds of computer and electronics were collected from the Nashville community to be recycled by Intechra.

“These events were a great opportunity to serve our communities by providing them secure, responsible recycling for old computers and electronics,” Intechra CEO Chip Slack said. “More than 120 tons of e-waste could have ended up in landfills if people hadn’t had a place to recycle them.”

E-waste (a.k.a. electronic waste) is created by the improper disposal of electronics and accounts for 70 percent of the heavy metals in landfills, according to the Natural Resources Defense Council. Materials such as lead, mercury, barium and cadmium can cause serious health problems if leached into the ground or water supply.

MDOT advisory: expect lane closures

It’s everyone’s favorite topic of conversation in metro Jackson: traffic. Then again, maybe the weather has been No. 1 lately, but traffic is never far behind. Here’s an I-55/I-220 update straight from the MDOT news release:

JACKSON, MISS., Tuesday, April 15, 2008-The Mississippi Department of Transportation (MDOT) announces the following traffic alert to motorists traveling on I-55 southbound in Hinds County on Wednesday night.

Beginning Wednesday night, April 16 through Friday, April 18, construction crews will begin making improvements on I-55 southbound starting at 7 p.m. until 6 a.m. The location where work will be performed is between I-220 and County Line Road. As a result of this work, crews will close the right lanes of I-55 southbound between Old Agency Road and County Line Road. The exit ramp to I-220 will also be CLOSED to traffic. There will be no traffic permitted to travel on the I-220 exit ramp from I-55 southbound while crews are working in the area.

The purpose of this work is to add a lane to I-55 southbound and make other necessary improvements on I-55 and I-220 exit ramp.

Message boards will be posted in the area to advise motorists of the lane closures. MDOT regrets any inconvenience this necessary work may cause.

For the most up-to-date information in your area, please visit www.MSTraffic.com and sign up for your traffic alerts. Also, visit http://www.mstraffic.com/mobile to get the latest traffic information from MSTraffic.com on your mobile device. MDOT advises the public to pull off the road to a safe location if you need to check the MSTraffic.com website while driving. MDOT’s number one concern is the safety of the traveling public.

Another case of WNV reported

The Mississippi State Department of Health reports another case of West Nile virus in the state:

(Jackson, MS) Today, the Mississippi State Department of Health (MSDH) reports one additional human case of West Nile virus (WNV) for 2008. The new case is in Madison County.

The MSDH reports both confirmed and probable cases to the public. The state’s total number of human cases is now two. Last week the agency confirmed the state’s first WNV case in Lincoln County.

MSDH conducts statewide mosquito testing with its most intensive surveillance during peak mosquito reproduction time, which is usually July, August and September.

FPA sets strong lineup for 25th-annual symposium

[first published in the April 14th issue of the Mississippi Business Journal, page 14]

The Magnolia State is home for a wide range of talented financial planners, analysts and professionals who would be right at home on Wall Street. Fortunately for their clients — and business reporters on a tight deadline — they’re running successful firms and managing impressive portfolios right here on Main Street Mississippi.

I always enjoy visiting with folks on the frontlines of the financial services industry. Their perspectives help us tell better business stories no matter what we’re trying to cover.

Over the past few years, we’ve gotten to know members of the Financial Planning Association’s Mississippi chapter through working together on several projects. For the past two falls, we’ve put together a special publication of columns written by local FPA members as part of Financial Planning Week — the first week of October. We’re in the planning phase of that project right now.

Every spring, FPA hosts an annual symposium, and the Mississippi Business Journal helps sponsor and spread the word about the speakers, topics and continuing education credit opportunities. This year’s symposium is set for April 30 at the Country Club of Jackson. Last week when visiting with Ann Caves, who helps manage the association with husband Roy, I learned that this year’s FPA symposium is the 25th-annual incarnation of the event.

That’s a milestone worth celebrating.

The Estate Planning Council of Mississippi, the Mississippi Society of Certified Public Accountants and the Society of Financial Service Professionals are joining FPA as associates in presenting “Financial Planning: Putting the Pieces Together.”

Key issues and items on the agenda include business and securities law, the U.S. economic outlook, health savings accounts, tax updates, post-Katrina insurance and, of course, much, much more. Speakers include:

• Delbert Hosemann, Mississippi Secretary of State

• Jay Bryson, senior economist for Wachovia Corporation

• John Scott, CPA, firmwide director of tax services for HORNE LLP

• Stan Neese, United Healthcare

• Bill Rayburn, Ph.D., chairman of FNC Inc.

• Mike Chaney, Mississippi Insurance Commissioner

• Barry K. Jones, J.D., LL.M., CPA, AEP, partner in Wise Carter Child & Caraway law firm

• Walter Wofford, founder and CEO of IRA Wealth Education Inc.

For additional information or to register, contact the FPA office in Jackson at (601) 981-9834 or msfpachapter@bellsouth.net.

Contact MBJ editor Jim Laird at jim.laird@msbusiness.com. Read his blog at mbjblog.wordpress.com.

Rothenberg keynoting Delta Council gathering

The Delta Council will host political analyst Stu Rothenberg as this year’s annual meeting keynote speaker. Here are a few more details from this morning’s news release:

Stoneville, Miss.–The 73rd Annual Delta Council Meeting will be held Friday, May 23, 2008, and will include a featured address by political analyst Stu Rothenberg. The Rothenberg Political Report publisher and Roll Call columnist’s address will be at Delta State University’s Bologna Performing Arts Center, in Cleveland, Miss.

“We are pleased that Stu Rothenberg will address the members and special friends of Delta Council at this year’s meeting,” said Delta Council President Bill Kennedy. “I anticipate his keynote address to be both informative and insightful.”

In addition to Rothenberg’s newsletter and bi-weekly Roll Call columns, he often contributes opinion editorials to The Wall Street Journal, The Washington Post, The New York Times, and The Orlando Sentinel.

“For the last few years, Stu has spoken to Delta 1000 Members prior to the Annual Meeting, and his political insight and unbiased observations were extremely well-received,” Kennedy said. “With one of the most important election cycles in modern American history about to unfold, we felt like it was timely to have Stu address all of the members and guests of Delta Council.”

Rothenberg’s keynote address will follow a full morning’s activities, including a salute to Delta honor graduates by Lt. Gov. Phil Bryant, and a report on the region’s activities and priority issues. Delta Council will also recognize those who have made significant contributions in other critical areas of Delta life

Rothenberg’s address is scheduled to conclude at noon, when the Delta Council members and guests will move to the University Quadrangle for a fried catfish luncheon.

The 73rd Delta Council Annual Meeting will begin at 10:30 a.m. This year’s meeting is sponsored by BankPlus, KBH Corporation, Land Banks of Mississippi, Morgan Keegan, Jimmy Sanders., Inc., and five organizations representing “Voices of Mississippi Agriculture:” The Catfish Farmers of Mississippi, The Corn Promotion Board, Cotton, Inc., The Rice Promotion Board, and The Soybean Promotion Board.

International auto show planned for 2009

Motor Trend Auto Shows Inc. and the Mississippi Automobile Dealers’ Association are planning an auto show in Jackson next January. The event will run January 23-26, 2009, at the Capital City Convention Center, which is under construction now in downtown Jackson. Here are a few more details from a Motor Trend news release:

“The Mississippi International Auto Show represents many ‘firsts’ for us,” said Bill Lehman, president of the Mississippi Automobile Dealers’ Association. “Not only will Mississippi be hosting the state’s first-ever international auto ahow, but the show is scheduled to be the inaugural event held in the Convention Center. This is a big deal for our state and a real plus for our Capital City.”

A first-class auto show in Mississippi had been in the idea stage for several years.

“Finding the right location, with enough floor space, was very important,” continued Lehman. “The selection of Motor Trend as our show producer and the opening of a first-class Convention Center downtown both made the show possible.”

Anticipate lane closures, MDOT warns

Straight from the news release, here’s your Wednesday morning traffic update:

REVISED PRESS RELEASE: Lane Closures Expected on U.S. Highway 51 and State Street Due to I-20 Maintenance Bridge Work

JACKSON, MISS., Wednesday, April 9, 2008–The Mississippi Department of Transportation (MDOT) would like to announce the following traffic alert to motorists traveling in Hinds County.

MDOT crews will close U.S. Highway 51 and State Street to perform maintenance work on the I-20 Bridge. The work will begin at 6:00 a.m. on Wednesday, April 9, 2008 and will end at 3:30 p.m. on Friday, April 11, 2008.

MDOT encourages motorists to drive with extreme caution through the work zone and watch out for crews and equipment in the area.

For the most up-to-date traffic information in your area, please visit www.MSTraffic.com and sign up for your traffic alerts. Also, visit http://www.mstraffic.com/mobile to get the latest traffic information from MSTraffic.com on your mobile device. MDOT advises the public to pull off the road to a safe location if you need to check the MSTraffic.com website while driving. MDOT’s number one concern is the safety of the traveling public.

MBJ office closed Monday

The storm system that blew through Central Mississippi last Friday caused widespread damage and power outages throughout metro Jackson. The Mississippi Business Journal office remains without power Sunday evening.

Entergy crews are working to restore service to the MBJ and other area businesses by late Monday or early Tuesday. The MBJ office will be closed Monday, and phone and e-mail systems will be down until power is restored. Normal business operations will resume Tuesday morning.

If you need to contact MBJ staff members Monday, please call their cell numbers. Direct urgent e-mail to this address: bizeditor@gmail.com.

November showdown set in First, Third Congressional Districts

By CLAY CHANDLER
MBJ Staff Writer
clay.chandler@msbusiness.com

Mississippi’s First and Third Congressional Districts held runoffs to fill open seats April 1, and each ended with a political heavyweight being knocked out by a newcomer.

In the Third District, which stretches from Meridian southwest to McComb, Pearl attorney Gregg Harper, whose political experience before now had been as head of the Rankin County Republican Committee, steamrolled former state Sen. Charlie Ross, whose high approval rating with conservative interest groups and body of work in the Legislature did little to sway voters.

The final tally had Harper earning 57% of the vote, a veritable whipping in election numbers.

Harper will face Democrat Joel Gill in the November 4 general election to see who will replace the retiring Chip Pickering, R-Flora.

Harper promised to end illegal immigration and restore “good old-fashioned Mississippi values” to Congress. Ross had pointed to his work as a state senator in getting tort reform passed and touted his endorsements from some of Mississippi’s largest and most influential business groups and trade associations. Ross also out fundraised Harper by a margin of 3-1, according to the Federal Election Commission.

Said Ross in a statement: “I am happy with the campaign we have run. We did not leave anything on the field.”

Harper’s win in the runoff almost assures him of being the Third District’s next congressman. With heavily Republican, heavily populated counties like Rankin, Madison and Lauderdale in the fold, political experts agree that a Democrat does not stand much of a chance. Marty Wiseman has said in the past that a Democrat running for office in the district “might as well save his money.” Wiseman said last week that Harper’s victory shows the voting power Rankin County has.

“He’s been carrying water for the Republicans in Rankin County since he was a teenager, and that was the difference,” Wiseman says.

An election that figures to hold a little more suspense is the one in the First District in Northeast Mississippi. That post opened up when Roger Wicker, R-Tupelo, was tabbed to replace Trent Lott in the U.S. Senate.
Prentiss County Chancery Clerk Travis Childers defeated State Rep. Steve Holland, D-Plantersville, in one runoff, but the surprise came in the Republican runoff when Southaven Mayor Greg Davis slipped past former Tupelo Mayor and Northeast Mississippi political mainstay Glenn McCullough. Davis got 51% of the vote, edging out McCullough by fewer than 1,000 votes.

Wicker took hold of the district’s seat in the Republican Revolution of 1994, succeeding longtime Democratic congressman Jamie Whitten, and it has been considered a GOP stronghold ever since. But Democrats are hopeful, with Childers twice receiving more votes than any candidate on the ballot, Democrat or Republican.

“The First District is the last bastion of the old Jamie Whitten-TVA Democrats,” Wiseman says. “I’ve said for a long time that a Democrat can win the First District, and people have told me I’m crazy. But the numbers are there.”

“I feel we are seeing history unfold before our eyes in Mississippi,” Childers said in a statement released by his campaign. “There is a strong sense that the time has come for change and that we need to have a new focus on the challenges faced by working people and small businesses in the halls of Congress.”

On his Web site, Davis lists national security, illegal immigration and a simpler tax code and less red tape for businesses as issues he will address if elected.

“Greg Davis is smart as a whip and a tenacious campaigner,” Wiseman says. “If you get into a political tussle with him, you better know that you have a fight on your hands.”

Struggling to save? Bankers share suggestions

Much has been made of the dismal personal savings situation in the U.S. In tighter economic times, where does socking away a few bucks rank on the list of personal finance priorities? The American Bankers Association’s Education Foundation offers these suggestions for those who want to prioritize savings:

Save with a goal in mind. Your goal can be to have money for surprises (good or bad) or for something more specific you want or need in the future. Consider short and long-term as well as big and small goals.

Save with technology. Consider automatic payroll deductions or an automatic transfer from checking to savings accounts. Arrange to have a specific amount transferred to your savings account every pay period, before you have a chance to spend that hard-earned cash.

Increase savings as your pay increases. If you receive a raise or other windfalls like tax refunds, gifts or bonuses, increase the amount of money deposited into your savings account.

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Who's blogging?

MBJ Blog is written by managing editor Jim Laird. The Starkville native and Mississippi College alum joined the Mississippi Business Journal in 1995.

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