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Mississippi Steel
Mississippi Steel Corporation was a publicly traded company located in Flowood, Mississippi. It was the first steel mill built in the state, and its primary product has always been reinforcing bar steel. Its first incarnation ran from 1957 until 1985 when it was bought by Birmingham Steel Corporation, United States. The mill is still in business as part of Nucor. In 1956, both ''The Clarion-Ledger'' and '' The State Times'' newspapers reported that the area just to the east of Jackson had been carefully leveed to sustain industrial development. Per the State Times article, Wesley A. "Cotton" Caldwell is named the first chairman of the board, and production of merchant products and rebar should commence within one year. In 1985, ''The Clarion Ledger'' reported the sale of substantially all of the assets of Mississippi Steel Division of Magna Corporation Magna Corporation was a publicly held company in Flowood, Mississippi, U.S.A. that served as a holding company. Its primar ...
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Flowood
Flowood is a city in Rankin County, Mississippi, United States. The population was 10,202 at the 2020 U.S. Census. It is part of the Jackson Metropolitan Statistical Area. History In 1950, a delegation from Flowood petitioned Governor Fielding L. Wright to incorporate the community. Despite opposition, Flowood's incorporation was upheld by the Mississippi Supreme Court in 1953. In June 2009, Flowood voters approved (by a 75% to 25% margin) being classified as a resort area that allows liquor by the glass in restaurants and hotels, coming out from under a dry county. Geography According to the United States Census Bureau, the city has a total area of , of which is land and (1.69%) is water. Demographics 2020 census As of the 2020 United States census, there were 10,202 people, 3,626 households, and 2,338 families residing in the city. 2000 census As of the census of 2000, there were 4,750 people, 2,130 households, and 1,145 families residing in the city. The population ...
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Mississippi
Mississippi () is a state in the Southeastern region of the United States, bordered to the north by Tennessee; to the east by Alabama; to the south by the Gulf of Mexico; to the southwest by Louisiana; and to the northwest by Arkansas. Mississippi's western boundary is largely defined by the Mississippi River. Mississippi is the 32nd largest and 35th-most populous of the 50 U.S. states and has the lowest per-capita income in the United States. Jackson is both the state's capital and largest city. Greater Jackson is the state's most populous metropolitan area, with a population of 591,978 in 2020. On December 10, 1817, Mississippi became the 20th state admitted to the Union. By 1860, Mississippi was the nation's top cotton-producing state and slaves accounted for 55% of the state population. Mississippi declared its secession from the Union on January 9, 1861, and was one of the seven original Confederate States, which constituted the largest slaveholding states in t ...
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Steel
Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant typically need an additional 11% chromium. Because of its high tensile strength and low cost, steel is used in buildings, infrastructure, tools, ships, trains, cars, machines, electrical appliances, weapons, and rockets. Iron is the base metal of steel. Depending on the temperature, it can take two crystalline forms (allotropic forms): body-centred cubic and face-centred cubic. The interaction of the allotropes of iron with the alloying elements, primarily carbon, gives steel and cast iron their range of unique properties. In pure iron, the crystal structure has relatively little resistance to the iron atoms slipping past one another, and so pure iron is quite ductile, or soft and easily formed. In steel, small amounts of carbon, other ...
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Birmingham Steel Corporation
Birmingham Steel Corporation was a steel producer in the United States, which made steel merchant and rebar products. The company was formed in 1983 by AEA Investors, Inc. and managed by CEO James Todd. It bought steel mini-mills in Kankakee, Illinois and the mills previously run by Todd at Birmingham Bolt. They then bought the Jackson, Mississippi-based Mississippi Steel Division of Magna Corp. The company went public on NYSE in 1985. In 1993, the company purchased the American Steel and Wire Company. In June 2002, after several consecutive quarters of losses, the company filed for Chapter 11 bankruptcy protection. Its remaining steel mills and other assets were purchased by Nucor Nucor Corporation is an American producer of steel and related products based in Charlotte, North Carolina. It is the largest steel producer in the United States, the largest "mini-mill" steelmaker (i.e. it uses electric arc furnaces to melt scr ... in December 2002 for approximately $615,000,00 ...
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The Clarion-Ledger
''The Clarion Ledger'' is an American daily newspaper in Jackson, Mississippi. It is the second-oldest company in the state of Mississippi, and is one of the few newspapers in the nation that continues to circulate statewide. It is an operating division of Gannett River States Publishing Corporation, owned by Gannett. History The paper traces its roots to ''The Eastern Clarion,'' founded in Jasper County, Mississippi, in 1837. Later that year, it was sold and moved to Meridian, Mississippi. After the American Civil War, it was moved to Jackson, the capital, and merged with ''The Standard''. It soon became known as ''The Clarion''. In 1888, ''The Clarion'' merged with the ''State Ledger'' and became known as the ''Daily Clarion-Ledger''. Four employees who were displaced by the merger founded their own newspaper, ''The Jackson Evening Post'', in 1892. One of those four was Walter Giles Johnson, Sr. He survived the other three to grow the paper later known as the ''"Jackson Da ...
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The State Times
''The'' () is a grammatical article in English, denoting persons or things that are already or about to be mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with nouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of the archaic pron ...
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Jackson, Mississippi
Jackson, officially the City of Jackson, is the Capital city, capital of and the List of municipalities in Mississippi, most populous city in the U.S. state of Mississippi. The city is also one of two county seats of Hinds County, Mississippi, Hinds County, along with Raymond, Mississippi, Raymond. The city had a population of 153,701 at the 2020 census, down from 173,514 at the 2010 census. Jackson's population declined more between 2010 and 2020 (11.42%) than any Major cities in the U.S., major city in the United States. Jackson is the anchor for the Jackson metropolitan area, Mississippi, Jackson metropolitan statistical area, the largest metropolitan area completely within the state. With a 2020 population estimated around 600,000, metropolitan Jackson is home to over one-fifth of Mississippi's population. The city sits on the Pearl River (Mississippi–Louisiana), Pearl River and is located in the greater Jackson Prairie region of Mississippi. Founded in 1821 as the site f ...
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Magna Corporation
Magna Corporation was a publicly held company in Flowood, Mississippi, U.S.A. that served as a holding company. Its primary divisions were Mississippi Steel and Magna American. Mississippi Steel was Mississippi's first steel manufacturer beginning operations in 1957. Magna American built garden tillers and other items, as well as manufacturing the Amphicat in Raymond, Mississippi. In 1984 the company's President, Wesley A. Caldwell, Jr., resigned. In 1985, the steel division was sold to Birmingham Steel Corporation for approximately 28 million dollars. Magna's controlling stockholders, the Caldwell family of Jackson, Mississippi, took the company private by distributing half the sale proceeds to the stockholders. The Magna American plant was mothballed, then donated to Hinds Community College in 1992. In 1985, the United States Securities and Exchange Commission sued former company president Wesley A. Caldwell, Jr., of Brandon, Mississippi Brandon is a city in and ...
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SeverCorr
Severstal (russian: Северсталь, , Northern Steel) is a Russian company mainly operating in the steel and mining industry, headquartered in Cherepovets. Severstal is listed on the Moscow Exchange and LSE and is the largest steel company in Russia. The company is majority-owned and controlled by billionaire Alexey Mordashov. Severstal owns major industrial facilities in Russia, Ukraine, Kazakhstan, France, and Italy, as well as in several African countries. The company also has mining assets, thus securing its supply of raw materials. Severstal also owns Severstal Cherepovets, a professional ice hockey club which plays in the Kontinental Hockey League and Severstal Air Company, an airline operating mainly from Vnukovo International Airport and Cherepovets Airport. Severstal has been ranked as among the 16th best of 92 oil, gas, and mining companies on indigenous rights and resource extraction in the Arctic. It's ranked 37 among the largest steel makers. In 2021, Severst ...
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Golden Triangle (Mississippi)
The Golden Triangle (GTR) is a region in the east central portion of the U.S. state of Mississippi. The "triangle" is formed by the cities of Columbus, Starkville, and West Point but the region is often more broadly-defined to include all of Clay, Lowndes, and Oktibbeha counties and sometimes additional surrounding communities and counties as well. The term was used as a marketing strategy in the 1960s to promote economic development in the region and encourage additional cooperation between local communities in attracting investment, although the term was in use by 1939. The three counties are home to a population of over 128,000 and 500,000 workers are within 60 miles of the region. The area's economic development potential is anchored by the presence of Mississippi State University, Columbus Air Force Base, and associated spin-off industries in research, high-tech manufacturing, aerospace, transportation, and education. GTR has attracted $5.9 billion in capital investment s ...
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Economy Of Mississippi
Mississippi () is a state in the Southeastern region of the United States, bordered to the north by Tennessee; to the east by Alabama; to the south by the Gulf of Mexico; to the southwest by Louisiana; and to the northwest by Arkansas. Mississippi's western boundary is largely defined by the Mississippi River. Mississippi is the 32nd largest and 35th-most populous of the 50 U.S. states and has the lowest per-capita income in the United States. Jackson is both the state's capital and largest city. Greater Jackson is the state's most populous metropolitan area, with a population of 591,978 in 2020. On December 10, 1817, Mississippi became the 20th state admitted to the Union. By 1860, Mississippi was the nation's top cotton-producing state and slaves accounted for 55% of the state population. Mississippi declared its secession from the Union on January 9, 1861, and was one of the seven original Confederate States, which constituted the largest slaveholding states in the n ...
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