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Entergy Mississippi's MISO Membership Produces Millions in Savings for Customers
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(From left) MSPS Commissioner Brandon Presley, Entergy MS President & CEO Haley Fisackerly, and MPSC Chairman Lynn Posey jointly announced millions in savings for Entergy MS customers.
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Entergy Mississippi, Inc. customers are saving big thanks to the Public Service Commission's approval for Entergy to join MISO, a regional transmission organization.
Customers saved an estimated $48 million during the first year of Entergy Mississippi's membership in MISO, formally known as the Midcontinent Independent System Operator, Inc. That amounts to a savings of approximately 3 percent, or about $3.50 on the typical residential customer's monthly bill. Entergy's utilities joined MISO on Dec. 19, 2013, after a lengthy period of regulatory review.
"Anytime Mississippians save money it's a good day! I am proud of Entergy Mississippi for taking this step to lower their customer's electricity bills," said Chairman Lynn Posey.
MISO manages the commitment and dispatch of generation on the transmission grid, maintains reliability, plans new transmission facilities and operates markets for the purchase and sale of electricity and related products.
Entergy Mississippi and MISO are MEC members.
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Mississippi Economic Growth
Heats Up
If you've been outside recently, you might have noticed - It's Hot! But the Mississippi summer isn't the only thing heating up right now - our economy continues to grow during these warm summer months through the hard work and investment of Mississippians.
In this issue, you'll read about Mississippians saving millions through Entergy MS's MISO membership, Kroger Co. donating $50k to MSU's Food Camp, expansion across Mississippi through United Furniture locating in Wren, Geri-Care Pharmaceuticals adding 200 jobs on the MS Gulf Coast, and Milwaukee Tool's expansion in Greenwood.
These are all excellent examples of our state's continued drive to grow the economic and business climate. As we said at MEC's PowerPlay - "The recession is over - Now Let's Get Going!" - and Mississippi is the embodiment of that mantra.
You Can Be a Part of Leadership Mississippi
With all the great growth our state is experiencing, leaders will be needed to help guide our businesses toward success. What better way to ensure you are ready for the future than by applying to participate in the second-oldest leadership program in the nation.
The application process will open August 3.
Participants are selected by a committee of MEC's Leadership Mississippi Alumni and work together in a training program that combines individual study, group sessions and project experience in using leadership skills.
Since its inception in 1974, Leadership Mississippi has graduated more than 1,000 alumni active in Mississippi business and politics. Mississippi's top business executives have participated in Leadership Mississippi as a way to expand their networks.
If YOU are a corporate level leader, executive, community leader, or someone who is a new-to-Mississippi leader and are interested in learning more about Mississippi and the issues that impact our state, please consider applying!
I hope you consider participation in this great program.
Keep the faith,
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United Furniture Expanding to Wren, Adding 100 Employees
United Furniture Industries is moving its distribution operations to the former Lane Furniture Industries distribution facility in Wren.
The company says 50 employees will be hired in Wren while another 50 will be hired at United's factories in Amory, Nettleton and Okolona.
United Furniture Industries is an MEC member.
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Leadership Mississippi Tupelo Session Focuses on Economic Development
Leadership Mississippi recently held its session focusing on economic development in Tupelo on June 11 & 12.
During the session, the class enjoyed a bus tour of Tupelo learning about the history, heritage and culture of the area and how the city has grown through economic development. The bus tour was given by Leadership Mississippi graduate and leading Tupelo businessman Jack Reed Jr. The class visited Elvis Presley's birthplace, touring the home where he was born and lived for a few years.
Learn More ______________________________  Leadership Mississippi
Applications Opening Soon
Applications for the Leadership Mississippi Class of 2016 will open August 3, 2015!
Stay Tuned for More Information!
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Walker Named 100 Black Men of America's 2015 Mentor of the Year
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| MEC's Jason Word (left) and 100 Black Men of Jackson President Donn Lewis (right) were present as LeRoy G. Walker, Jr. (center) was recently honored as 2015 Mentor of the Year.
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LeRoy G. Walker, one of the founding members of 100 Black Men of Jackson, Inc., was recently honored at the 29th Annual Convention of 100 Black Men of America held at the Hilton Americas, June 3-7 in Houston, TX.
Walker was named the national 100 Black Men of America's 2015 Mentor of the Year.
Walker owns MEC member LTM Enterprises, through which he owns and operates a McDonald's franchise.
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Kroger Co. Donates $50,000 to MSU Fun With Food Camp
A gift from The Kroger Co. is funding scholarships for the Fun with Food Camp at Mississippi State University.
Kroger's Delta Division formally presented the $50,000 gift at the week-long camp on Tuesday, June 16. Teresa Dickerson, public affairs manager for Kroger's Delta Division, attended the camp for the first time and said the camp reflects Kroger's mission of educating children about nutrition.
The Kroger Company is an MEC member.
Learn More
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Butler Snow Named Top 10 Regional Health Law Firm
Butler Snow has been selected as a Top 10 Regional Health Law Firm for the Southern Region by the American Bar Association (ABA) Health Law Section. The firm ranked sixth on the list which includes firms from Alabama, Arkansas, Kentucky, Louisiana, Mississippi, Oklahoma, Tennessee and Texas.
Butler Snow LLP is an MEC member.
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Milwaukee Tool Adding 126 Jobs in Greenwood
 Governor Phil Bryant and officials from Milwaukee Tool announced recently the company is expanding its operations in Greenwood. The project represents a corporate investment of $16.8 million, and the creation of 126 new jobs, of which 105 have been filled. This brings the total number employed by the company in Greenwood to 508.
Milwaukee Tool employs a total of 891 workers throughout its three Mississippi locations.
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Geri-Care Pharmaceuticals Expanding in Gulfport;
Adding 200 Employees
Hundreds of jobs are coming to Gulfport as a pharmaceutical company prepares to take production at its Gulfport plant to new heights. New York based Geri-Care Pharmaceuticals is the largest manufacturer of liquid antacids in the world. Geri-Care recently broke ground on an expansion of the Gulfport plant for what officials said is a plan to prove to the world the high value of American made products.
Geri-Care Pharmaceuticals is in the process of getting the permits it needs to start the renovation. Officials expect work to start in a few months.
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MSU Earns Designation as Geospatial Sciences
Center of Academic Excellence
Federal officials have affirmed Mississippi State University as one of the nation's leading research institutions for geospatial sciences instruction and research.
The National Geospatial-Intelligence Agency (NGA) and the U.S. Geological Survey (USGS) have designated Mississippi State as a Center of Academic Excellence (CAE) in Geospatial Sciences.
Mississippi State University is an MEC member.
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Special Olympics Flame of Hope
Arrives at Toyota Mississippi
Toyota Mississippi recently celebrated Special Olympics athletes at its Blue Springs production facility. Local athlete Justin Rosenthal, who will be competing in golf at this year's world games, participated by cheering on Toyota team members and Vice President Sean Suggs as they carried the Flame of Hope in a one-mile torch run on its way to the 2015 Special Olympics World Games.
Toyota Motor Manufacturing Mississippi, Inc.
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ABOUT US
The Mississippi Economic Council has been the voice of Mississippi business since 1949. MEC deals with broad issues that relate to businesses through advocacy, research, resources and leadership. MEC has approximately 10,000 members from 1,100 member firms in 2,400 locations throughout Mississippi.
Greetings! You are receiving this newsletter because of your past involvement with the Mississippi Economic Council. For more information about MEC, please visit our website at www.msmec.com
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Mississippi Economic Council - The State Chamber of Commerce
248 E. Capitol Street, Suite 940 - Jackson, Mississippi 39201
P.O. Box 23276 - Jackson, Mississippi 39225-3276
Phone: 601-969-0022 - 1-800-748-7626
Fax: 601-353-0247 - 1-888-717-2809
Click Here for MEC Web Site
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