Archive | International

Iain Logan, senior vice president for Philips, who is second from left, and Philips Tupelo plant manager Amar Yeddula receivesa token of appreciation from CDF President and CEO David Rumbarger

Philips Lighting adding 50 jobs with $2M expansion

One of the oldest companies in Tupelo is expanding and adding employees. Philips Lighting announced a $2 million project today that will bring at least 50 jobs to the facility. The project also helps retain the 350 now employed there. Philips is creating a major manufacturing hub at its 550,000-square foot Tupelo facility, which opened in 1947 […]

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Posted in Business news, Community Development Foundation, Economic development, Employment and jobs, International, Manufacturing, National, Northeast Mississippi, Tupelo0 Comments

severstal

Severstal Columbus plant part of $2.3 billion sale

From the Associated Press: Russian steel company Severstal is exiting the U.S. market, selling a pair of steel plants to AK Steel and Steel Dynamics for about $2.33 billion. Word of a possible sale began to circulate earlier this year as the West threatened sanctions against Russia for its activity in the Ukraine, but Severstal […]

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Posted in Business news, Economic development, International, Manufacturing, National, Northeast Mississippi1 Comment

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Meetings this week focus on bringing jobs back to Mississippi

The Mississippi Make It In America (MMIIA) team is hosting a FREE Reshoring Opportunities Workshop on Wednesday and Thursday at the Itawamba Community College Belden Center in Tupelo. The Reshoring Opportunities Workshop will focus on creating jobs in Mississippi through reshoring, which is the process of bringing jobs back to Mississippi that have been previously offshored to other […]

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Posted in Business news, Economic development, Employment and jobs, International, Manufacturing, National, Northeast Mississippi, Tupelo0 Comments

stanford_financial_logo

Appeals court rules Stanford Financial victims can’t get compensation

Stanford Financial Group victims who lost more than  $7 billion in a fraudulent investment scheme cannot get compensation from a financial services corporation created to compensate victims of financial fraud. An appeals court judge in Washington, D.C. on Friday agreed with a district court’s earlier decision that victims of the Ponzi scheme could not get compensation […]

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Posted in Banking & Finance, Business news, International, National, Northeast Mississippi, Stanford Financial, Tupelo0 Comments

Elvis Graceland plane

Suspicious Minds: Priscilla Presley asks fans to calm down about planes

From the Associated Press: Priscilla Presley is asking fans of her late ex-husband, Elvis Presley, to “please calm down” after a report that two jets once owned by the singer could be removed from Graceland. Fans have posted critical comments on Facebook since The Associated Press reported last week that Elvis Presley Enterprises informed the […]

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Posted in Business news, Elvis Presley, Elvis Presley Birthplace, International, National, tourism, Tupelo0 Comments

02281302 Furniture Market

Tupelo Furniture Market says hotel rooms filling up fast for fall show

The Tupelo Furniture Market says hotel rooms are filling up fast for the fall market Aug. 14-17.  Officials said more than 8,000 furniture retailers have pre-registered for the show, and almost all of the exhibition space has been sold as well. Tupelo had some 2,000 hotel rooms before the April 28 tornado, but two hotels […]

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Posted in Business news, Furniture, International, Manufacturing, National, Northeast Mississippi, Tupelo, Tupelo Furniture Market0 Comments

Corolla donation 2014

Auto museum, area career and tech centers get Corollas

Toyota Motor Manufacturing Mississippi donated seven cars today, the second time in as many years the Blue Springs plant has done so. This time, TMMMS donated six Corolla sedans to the career and technology centers in Lee, Pontotoc and Union counties. A seventh car went to the Tupelo Automobile Museum for display. The museum also has on display a Toyopet, the first car Toyota imported […]

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Posted in Automotive news, Blue Springs, International, Manufacturing, National, Northeast Mississippi, tourism, Toyota, Toyota Motor Manufacturing Mississippi, Tupelo, Tupelo Automobile Museum0 Comments

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