Archive | International

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

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

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

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

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

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

UAM expanding sales office in Verona

 Universal Asset Management, the aviation asset management, aircraft disassembly and commercial aviation aftermarket component sales company, is expanding its sales office to its global distribution facility in Verona, the company announced. UAM, which disassembles planes at its facility at the Tupelo Regional Airport, has a 400,000-square-foot distribution center in the Tupelo Lee Industrial Park South in Verona. […]

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Posted in Business news, Employment and jobs, International, National, Northeast Mississippi, Tupelo, Tupelo Regional Airport, Universal Asset Management0 Comments

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