MBJ_Jul07_2017

Page 1

INSIDE — Coast economy continues to lag behind the state in key metrics — Page 2 Mississ pp Alcor n 4.7

17

DeSoto 4.2

sippi 5.3 4.1

Quitman 8.7

Lafayette 4.6

Yalobusha 5.7

Tallahatchie 5.1

Sunflower 7.7 Washington 7.3

Leflore 7.6

Carroll 6.5

Rankin 3.9 Smith 5.0

Claiborne 9.7

Copiah 5.9

Jefferson 12.6 Adams 7.4

Franklin 6.6

Amite 6.7

Wilkinson 8.2

Lincoln 5.4

Pike 6.0

Lauderdale 5.8

Newton 5.6

Scott 4.2 Hinds 5.1

Kemper 8.3

Neshoba 5.2

Madison 4.1 Warren 5.8

Lowndes 5.6

Noxubee 7.4

Winston 6.0

Leake 6.0

Yazoo 6.1

Issaquena 12.8

Clay 6.7 Oktibbeha 5.3

Choctaw 4.8

Attala 6.1

Holmes 8.9

Humphreys 8.8

Sharkey 6.9

Monr oe 5.2

Chickasaw 5.5

Webster 5.4

y Montgomer 5.2

Itawamba 4.8

Lee 4.3

Pontotoc 4.4

Calhoun 4.8

Grenada 5.0

Bolivar 6.3

Tishomingo 5.2

Prentiss 5.0

Union 4.0

Panola 7.2 Coahoma 7.2

Tippah 4.7

Benton 6.1

Marshall 5.6

Tate 5.3

Tunica 5.6

Clarke 6.3

Jasper 6.6

Simpson 5.1 Wayne 6.4

Covington Jones 5.1 5.6 Davis Lawrence Jeff 6.9 6.7

Walthall 7.1

Lamar 4.2

Marion 5.7

Forrest 5.1

Perry 6.4

Greene 7.3

ent Rates Unemploym

Hancock 5.7

3.9 - 4.3

Stone 6.7

Harrison 5.1

Jackson 5.9

4.4 - 5.8

8.8 - 12.8

July 7, 2017 • Vo. 39. No. 27 • 16 pages

George 6.8 Pearl River 5.6

5.9 - 8.7

www.msbusiness.com

Publication rtment, MDES Market Data Source: Labor Market Information Depa Design: Labor

SCIENCE

ENERGY

May 2017 Unemployment

Mississippi Power suspending Kemper coal operation pending PSC showdown

— Page 4

MBJ FOCUS

By JACK WEATHERLY jack.weatherly@msbusiness.com

Big Business {Section begins P8}

» Large mergers take work, communication and similar cultures » Entergy cuts costs for customers $118M over 3 years by joining MISO

{The List P12} » Largest Employers

Courtesy of USM/Special to the MBJ

The graduation from the USM Unmanned Maritime class has been compared to NASA graduation.

HISTORY MADE » USM makes waves graduating first Unmanned Maritime Systems class in U.S. history By BECKY GILLETTE mbj@msbusiness.com

COLUMN {P3}

» WILLIAMS: The one U.S. Supreme Court opinion to read in 2017

It has been said that the ocean is the last frontier for exploration on Earth. According to the National Oceanographic and Atmospheric Administration (NOAA), only about five percent of the ocean has been explored. And just as aerial drones have revolutionized flight,

underwater robotic vehicles are revolutionizing ocean research, defense and natural resources exploration. But, until recently, there was no certification program in the U.S. to train people to operate unmanned maritime systems (UMS). That is why a June 1 graduation of 15 students from an intensive, five-week course at the University of Southern Mississippi was considered to be historically significant. Rear Admiral Timothy Gallaudet, who was present for the graduation, likened the achievement to what NASA did with the first spaceflight. See MARITIME, Page 2

Mississippi Power Co. and its parent, the Southern Co., issued a statement Wednesday saying that the operation of the coal-gasification operations at the Kemper County power plant will be suspended and natural-gas operations would continue. The statement came as a Mississippi Public Service Commission hearing approaches on Thursday, July 6, to determine the future of the project that is years behind its original completion schedule and billions of dollars over its initial expected cost. PSC Chairman Brandon Presley made the July 6 hearing sound like an ultimatum. “We are telling the parties to get a plan and get a settlement ready that does not increase rates one penny,” Presley was quoted as saying. Presley said in an interview on Thursday that “it appears that the company heard the commission, loud and clear. I’m very confident now that we’re going to get a settlement in 45 days” from the issuance of the order. A successful settlement, Presley said, would entail: 1.) the plant relicensed as a natural gas facility; 2.) that there there be no rate increases from where they stand today; and 3.) that customers not be responsible for any costs related to coal gasification. At stake is $3.4 billion in the plant’s coal gasificati0n cost, which the PSC has not included in the utility’s retail and wholesale rates, Mississippi Power said in a filing See KEMPER, Page 3

http://msbusiness.com/events/health-care-heroes/


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