City Awarded $4 Million Eastern Federal Land Access Program Grant

Grant will fund road improvements
by Jebb Johnston

Corinth’s proposed road and bridge improvements for a primary corridor to the Corinth Civil War Interpretive Center has been slated for funding.

Mayor Tommy Irwin received notification on Friday that the project has been recommended for funding through the Eastern Federal Lands Access Program for a grant that would total about $3.2 million on an approximately $4 million project. The city would provide matching funds of around $790,000.

“This is a huge project,” said an excited Irwin. “It’s the continuation of the work of fixing infrastructure in Corinth.”

The project, which will likely be scheduled in phases, will include replacement of the bridge near Henry Cemetery on North Polk Street and some additional street improvements on Polk Street. Parts of Linden Street, Shiloh Road and Fulton Drive will also get upgrades.

“Part of that will include some additional sidewalks that help to link the downtown with the interpretive center,” said Dave Huwe, director of community development and planning.

Scheduled for funding during the years of fiscal 2016 to 2019, the project includes streets along the route that the National Park Service recommends for visitors coming from Shiloh National Military Park to the interpretive center on Linden Street.

Replacement of the dated bridge on North Polk Street will be a major piece of the project. The replacement cost has been estimated at $1.7 million for the 84-year-old bridge, which is currently the the lowest rated in terms of safety among the city’s approximately 27 bridges.

It is proposed to be replaced with a three-span bridge. The project will also rehabilitate a stretch of North Polk that is not state-maintained.

Linden Street from Fulton Drive to the interpretive center will get major improvements including curb and gutter.

The federal lands grants are distributed by formula among states that have federal lands managed by the National Park Service, the U.S. Forest Service, the U.S. Fish and Wildlife Service, the Bureau of Land Management and the U.S. Army Corps of Engineers. It is considered a very competitive grant program.

Read more: Daily Corinthian – Grant will fund road improvements

Tourism Hosts Capitol Day

by Zack Steen
Corinth is taking over the capitol.

Tourism representatives will visit the Mississippi State Capitol in Jackson in a few weeks. The group plans on sharing all things wonderful about Corinth with legislators from across the state.

“We’ll have the entire rotunda in the capitol building,” said Christy Burns, Corinth Area Convention & Visitors Bureau director. “We plan to show off Corinth by providing information and other goodies that will hopefully make folks want to come visit Corinth.”

Staff members from The Alliance, Main Street Corinth, Keep Corinth Beautiful, Magnolia Regional Health Center, Corinth-Alcorn County Airport, Corinth School District and Alcorn School District will assist the tourism office during the special Corinth Capitol Day set for March 19 from 10 a.m. to 2 p.m.

“We will also be inviting everyone from other tourism related groups in town,” Burns added.

Corinth has not participated in a Capitol Day in about 10 years.

“It’s going to be a great opportunity for us and for the city,” said Burns. “We’ll be serving slugburgers and hot tamales, and providing each legislator with a special swag bag full of cool Corinth stuff.”

Burns said several banners, posters and wearable stickers will be printed to promote Corinth with the special tag line, “We Have More Fun Up North.”

“We’ll be welcoming and feeding more than 400 folks,” she said. “We are hoping everyone will learn where Corinth is.”

District 2 Rep. Nick Bain has been bragging to his fellow legislators about the upcoming Corinth Capitol Day.

The Corinth native said he has been trying to explain to people in the state capital what a slugburger is for years. “Now, they’ll find out for themselves,” he said.

“I can’t wait to help show everyone the best of Mississippi and the great hospitality of my hometown,” added Bain. “I’ve been telling everyone about it — since it will take place during Appropriations Week, everyone should be at the capitol to enjoy it.”

Read more: Daily Corinthian – Tourism hosts Capitol Day

Avectus Healthcare Solutions expanding

avectus
by Jebb Johnston – The Daily Corinthian

Avectus Healthcare Solutions is set to move its operations into the former Chadco building, allowing the company to expand employment by 50.

Gov. Phil Bryant joined local officials on Monday to announce the move, which will retain Avectus as a local employer with its current 150 employees. Alcorn County is purchasing the building and will lease it to Avectus, which coordinates third-party liability and workers’ compensation accounts for hospitals and trauma centers throughout the country.

Avectus CEO Tim Smith said the company looked at a number of options, including a possible move out of Corinth, as it faced growing pains.

“This building here gives us the ability to solidify our commitment to keep our jobs in Mississippi,” he said. “Not only that, it gives us room to grow.”

And he’s glad to be staying.

“We all love Mississippi,” said Smith.

He praised the local workforce and credited local and state officials with bringing the project to fruition.

“I want to say a thanks to Avectus — thanks for staying here,” said Bryant. “They could have gone somewhere else, and I’m sure they were incentivized and enticed to do that.”

He said there’s not a governor in the country who would have passed on the opportunity to have those 200 jobs.

Commonly known as the Chadco building, the South Tate Street structure previously saw some renovation about 14 years ago when it was occupied by an accident reconstruction business. Alcorn County recently pursued a loan of up to $1 million to purchase it, although the actual cost was expected to be closer to half that amount. Grants totaling more than $1.3 million are involved in the project, which will include renovating the building for office space and adding a parking area.

Plans are currently being finalized for the upcoming interior renovation.

Local officials are excited that Avectus will continue to call Corinth home.

“Anytime we’re adding new jobs, it’s a great day,” said Board of Supervisors President Lowell Hinton.

Mayor Tommy Irwin praised Smith’s commitment.

“I love, having been a former employer, how he feels about not only his business, but the biggest asset we have in our businesses, which are our employees,” he said. “He means it from the heart. He’s serious about his employees.”

Annually, Avectus processes more than $1 billion in third-party liability accounts.

Read more: Daily Corinthian – Avectus Healthcare Solutions expanding

Caterpillar stockholders cast votes in Corinth

BY JEBB JOHNSTON
jjohnston@dailycorinthian.com

Caterpillar stockholders voted on several proposals and heard comments from Chairman and Chief Executive Officer Douglas Oberhelman in Wednesday’s annual meeting held in Corinth.Gov. Phil Bryant attended the session at Crossroads Arena along with Caterpillar executives and the board of directors, which includes well-known names such as John Huntsman Jr., a former ambassador to Singapore and China who ran for president in 2012.Oberhelman welcomed stockholders to “one of the most fascinating cities with one of the most fascinating Caterpillar facilities in the world.”

He said the Corinth remanufacturing plant is the largest facility of its type in any industry in the world.

“We’re proud of that, and it’s one of the reasons we chose to hold our annual stockholders meeting here,” said Oberhelman.

Rachel Potts, a CAT spokeswoman, said the company likes to bring the stockholder meetings to the local companies to give stockholders a chance to see the operations. It is the first time the stockholder meeting has convened in Corinth.

Following the meeting, those in attendance were offered a tour of the Corinth facilities.

Stockholder votes included advisory approval of executive compensation and approval of the short-term and long-term incentive plans.

Voting shareholders rejected three stockholder proposals, two of which dealt with human rights concerns. One proposal requested that the board of directors review and amend policies as they relate to franchisees, licensees and agents that deal with Caterpillar products, while another urged the company to take additional steps to ensure that its products not be sold to the government of Sudan or entities controlled by it.

The board argues that an appropriate code of conduct and appropriate policies on business in Sudan are in place.

Financially, Oberhelman said the company has weathered some tough periods in 2009 and 2013 and currently enjoys its strongest balance sheet in 25 years. The company saw record operating cash flow for the machinery and power systems businesses of $9 billion in 2013.

He spoke about the company’s commitment to sustainability and the role of remanufacturing, which has put 500,000 tons of materials back into use rather than on the scrap heap during the past 10 years.

“How much is 500,000 tons? Our largest bulldozer, the D-11, weighs 151 tons — so it’s equivalent to about 4,300 D-11s,” said Oberhelman. “Or think about the Empire State building — it weighs 365,000 tons. We’ve returned that amount, plus another 135,000, and we’ve kept over 1 million tons of greenhouse gas out of the atmosphere through remanufacturing alone.”

In addition to board members Huntsman and Oberhelman, stockholders reelected the slate of directors — David Calhoun, senior managing director of The Blackstone Group; Daniel Dickinson, managing partner of HCI Equity Partners; Juan Gallardo, chairman of Organizacion Cultiba; Jesse Greene Jr., instructor at Columbia Business School and former vice president of financial management and chief financial risk officer of IBM; Peter Magowan, former president and managing general partner of the San Francisco Giants and former chairman and CEO of Safeway; Dennis Muilenburg, vice chairman, president and COO of The Boeing Company; William Osborn, chairman and CEO of The Northern Trust Corporation; Edward Rust Jr., chairman, CEO and president of State Farm Mutual Automobile Insurance Company; Susan Schwab, professor at the University of Maryland School of Public Policy, strategic advisor for Mayer Brown LLP and former U.S. trade representative; and Miles White, chairman and CEO of Abbott Laboratories.

Based in Peoria, Ill., Caterpillar employs about 1,300 full-time workers in its Mississippi facilities, which include locations in Corinth, Booneville, Oxford, Water Valley and Olive Branch.

Caterpillar Annual Stockholders Meeting to be held in Corinth, Mississippi

PRESS RELEASE

Feb. 12, 2014, 11:49 a.m. EST

Caterpillar Announces Date of Annual Meeting of Stockholders

PEORIA, Ill., Feb. 12, 2014 /PRNewswire/ — Caterpillar Inc. CAT +1.27% will conduct its 2014 annual meeting of stockholders on Wednesday, June 11 at 8 a.m. Central Time in Corinth, Mississippi. The proxy statement containing the meeting details and admission procedures is expected to be available no later than the first week in May to stockholders of record as of April 14, 2014.

About Caterpillar:

For nearly 90 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. Customers turn to Caterpillar to help them develop infrastructure, energy and natural resource assets. With 2013 sales and revenues of $55.656 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company principally operates through its three product segments – Resource Industries, Construction Industries and Power Systems – and also provides financing and related services through its Financial Products segment. For more information, visit caterpillar.com . To connect with us on social media, visit caterpillar.com/social-media .

Forward-looking Statements

Certain statements in this press release relate to future events and expectations and are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Words such as “believe,” “estimate,” “will be,” “will,” “would,” “expect,” “anticipate,” “plan,” “project,” “intend,” “could,” “should” or other similar words or expressions often identify forward-looking statements.  All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding our outlook, projections, forecasts or trend descriptions. These statements do not guarantee future performance, and we do not undertake to update our forward-looking statements.

Caterpillar’s actual results may differ materially from those described or implied in our forward-looking statements based on a number of factors, including, but not limited to: (i) global economic conditions and economic conditions in the industries and markets we serve; (ii) government monetary or fiscal policies and infrastructure spending; (iii) commodity or component price increases, fluctuations in demand for our products, or limited availability of raw materials and component products, including steel; (iv) our and our customers’, dealers’ and suppliers’ ability to access and manage liquidity; (v) political and economic risks and instability, including national or international conflicts and civil unrest; (vi) our and Cat Financial’s ability to: maintain credit ratings, avoid material increases in borrowing costs, and access capital markets; (vii) the financial condition and credit worthiness of Cat Financial’s customers; (viii) changes in interest rates or market liquidity; (ix) changes in financial services regulation; (x) inability to realize expected benefits from acquisitions, including ERA Mining Machinery Limited, and divestitures, including the divestiture of the Bucyrus International, Inc. distribution business to our independent dealers; (xi) international trade and investment policies; (xii) market acceptance of our products and services; (xiii) changes in the competitive environment, including market share, pricing and geographic and product mix of sales; (xiv) successful implementation of capacity expansion projects, cost reduction initiatives and efficiency or productivity initiatives, including the Caterpillar Production System; (xv) inventory management decisions and sourcing practices of our dealers or original equipment manufacturers; (xvi) compliance with environmental laws and regulations; (xvii) alleged or actual violations of trade or anti-corruption laws and regulations; (xviii) additional tax expense or exposure; (xix) currency fluctuations; (xx) our or Cat Financial’s compliance with financial covenants; (xxi) increased pension plan funding obligations; (xxii) union disputes or other labor matters; (xxiii) significant legal proceedings, claims, lawsuits or investigations; (xxiv) compliance requirements imposed if carbon emissions legislation and/or regulations are adopted; (xxv) changes in accounting standards; (xxvi) failure or breach of information technology security; (xxvii) adverse effects of natural disasters; and (xxviii) other factors described in more detail under “Item 1A.  Risk Factors” in our Form 10-K filed with the SEC on February 19, 2013 for the year ended December 31, 2012.  This filing is available on our website at www.caterpillar.com/secfilings .

SOURCE Caterpillar Inc.

Copyright (C) 2014 PR Newswire. All rights reserved

Corinth Launches C Spire Fiber to the Home Initiative

SLUGBURGER DIGITAL BOARD

 

C-Spire has initiated a Fiber to Home program for the Crossroads area and the Corinth city board has voted to continue with the process.

In a resolution to encourage C-Spire to grant the City of Corinth a first launch community for the company’s Fiber to Home initiative, the resolution states this will be and asset to the citizens of Corinth both now and in the future and the city recognizes the advantages of participating in the early stages of such a program.

This will be faster than the speed of sound and this technology is just amazing, Corinth Mayor Tommy Irwin said. We live in a day that is a whole lot different from the 1960s and this program will definitely be a positive step for us in this day and age. This will be really good for those who can use it for educational purposes and we are going to work fast on making this happen.

The Fiber to Home program will allow for the Internet to be delivered approximately 100 times faster than anything that is currently offered, according to the resolution. It also states the program will enhance entertainment and communications for both from an informational and performance standpoint and will permit uses of technology in manners that are not currently experienced, including telecommuting and video conferencing.

With all these proposed improvements, the city board decided to make an executive decision and voted to pass the resolution for economic development purposes in a special called meeting Thursday at city hall.

Corinth residents are encouraged to help by going to http://www.cspire.com/fiberhome/fiber_signup.html and show their support by filling out the form provided.   Additionally, residents are encouraged to Tweet @CSpire about bringing their #fiberfirst to #corinthfiberfirst and LIKING the C Spire Facebook Page as well as the City of Corinth Facebook page where updates on the campaign will be posted.

Express your interest by going to

http://www.cspire.com/fiberhome/fiber_signup.html

[cs_divider title=”LEARN MORE ABOUT FIBER BROADBAND”]

C Spire, Fiber to the Home, Fiber, FTTH, Corinth, Mississippi, #corinthfiberfirst

LEARN MORE – CLICK HERE!

EDA Awards City of Corinth $4.1 Million in Grants Money for Drainage Improvements

The Economic Development Administration (EDA) has awarded the City of Corinth approximately $4.1 million dollars in grant money to be put toward an approximate $5.1 million dollar drainage infrastructure improvements project. The project area is  located near the center of the City just North of Shiloh Road between Elam’s Creek and Phillip’s Creek. Roadways in which drainage infrastructure improvements will be located in part include: Hickory Road, Oak Lane, Magnolia Road, Shiloh Road, Polk Street, Washington Street, and Tishomingo Street.  The project will consist of major drainage culvert improvements, ditch improvements, and detention pond installations to assist in reducing the effects of rainfall events that cause localized flooding in the area. The project timeline for the design and implementation of the improvements will occur over the next year or so.

Magnolia Expansion Project

MAGNOLIA REGIONAL HEALTH CENTER’S MAIN AND EMERGENCY ROOM ENTRANCES HAVE MOVED.  FOR MORE INFORMATION GO TO WWW.MRHC.ORG

CORINTH, Miss. (WTVA) — Rick Napper can’t wait to show off new equipment on their radiology center.

Mood lighting and music are in the state of the art radiology center here at Magnolia Regional Health Center.

What began as a plan to revamp radiology services turned into much more.

“We designed the radiology which grew into moving the emergency room and moving the ECHO and we decided that a very special group of people we were not providing care for in a way that we should was the women and so we now provide a womens imaging center which is separate from the main part of the imaging center,” Magnolia Regional Health Center Chief Executive Officer Rick Napper said.

In addition the lighting and music, virtual paintings are coming soon.

This equipment offers the lowest possible radiation dose.

“The industry usually thinks they buy the lesser quality equipment and some of the bigger hospitals like to think that as well, but this facility is very unique in that they put more focus on the patient and the patient outcomes,” Phillips Healthcare Representative Norma Meissner said.

So, how do you show off a $31,000,000 renovation project-an open house.

Hospital officials say locals want health care in their hometown.

“More than anything, the patients did not want their family to have to travel long distances to visit them,” Napper added.

“Oh! it’s just wonderful. We can stay here. We don’t have to go to Memphis. We don’t have to go to Birmingham. We don’t have to go to Tupelo. We’re right here,” Corinth resident Norma Hill said.

Article posted courtesy of WTVA, Tupelo, MS. www.wtva.com