Archive | International

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International tourists spent record $222 billion in U.S.

The folks at the Tupelo Convention and Visitors Bureau and the Elvis Presley Birthplace will tell you just how important international tourists are to Tupelo.  According to the U.S. Department of Commerce, international visitors spent a record $222 billion last year. Tupelo only makes up a small share of that, of course,  but the visitors from the UK, […]

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Posted in Business news, Elvis Presley, Elvis Presley Birthplace, International, National, Northeast Mississippi, tourism, Tupelo Convention & Visitors Bureau0 Comments

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Cooper Tire profits increase; company announces stock buyback

Cooper Tire & Rubber Company (NYSE: CTB) today announced its net income for 2014 was $214 million, or $3.42 per share, versus $111 million, or $1.73 per share, in 2013. The results include a gain of $56 million its sale of the company’s 65-percent interest in a joint venture in China. Excluding that gain, earnings per share […]

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Posted in Business news, Cooper Tire, International, Manufacturing, National, Northeast Mississippi, Tupelo0 Comments

Last February, Caterpillar announced a $14.8 million investment that would add 30 jobs to its new Large Engine Remanufacturing Facility, which builds the company’s C175 engine used for mining equipment and power generation.

Caterpillar’s finances under investigation by grand jury

A federal grand jury is investigating “financial information” in Caterpillar’s domestic and international operations and subsidiaries, according to regulatory documents filed this week. The investigation was first reported by the Herald & Review in Decatur, Ill. Caterpillar said it received a subpoena Jan. 8 asking for information “concerning the movement of cash among U.S. and non-U.S. […]

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Posted in Booneville, Business news, Corinth, International, Manufacturing, National, Northeast Mississippi, Oxford, Water Valley0 Comments

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Culture Trip names Tupelo’s top 10 restaurants

The folks at TheCultureTrip.com recently posted its top 10 list of restaurants in Tupelo.  We think you’ll agree that there’s not a bad one on here, and are all deserving. Places like Blue Canoe, Neon Pig, Park Heights, Bar-B-Q By Jim… And of course, the list could go on and on. Here’s some of what […]

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Posted in Business news, Food & Dining, International, National, Northeast Mississippi, Tupelo0 Comments

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Former Stanford Financial adviser must return money

A federal jury in Dallas on Friday concluded a former financial adviser to former Texas tycoon R. Allen Stanford must return nearly $800,000 in fees and expenses paid to him before Stanford’s multibillion-dollar Ponzi scheme collapsed in early 2009. The jury also concluded Friday that Peter Romero may keep the $300,000 in funds he invested […]

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

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Airbus Helicopters in Columbus lands $220.5 million contract

The U.S. Army has approved a $220.5 million contract for the production of UH-72A Lakota helicopters at the Airbus Helicopters plant in Columbus, according to U.S. Senator Thad Cochran (R-Miss.), chairman of the Senate Defense Appropriations Subcommittee. The contract to Airbus Defense and Space Inc. will support the procurement of 41 Lakota helicopters equipped with Airborne […]

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Posted in Business news, International, Manufacturing, National0 Comments

After the metal is stamped, the parts are inspected for quality before they head to body weld and assembly.

Toyota Mississippi celebrates building of 500,000th Corolla

Earlier today, the Toyota Motor Manufacturing Mississippi plant in Blue Springs built its 500,000th Corolla sedan. As you can see, the workers decorated it a bit. It’s the fastest a Toyota plant in the U.S. has reached a half-million cars, all in a little more than three years (production began in October 2011). TMMMS beat […]

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Posted in Automotive news, Blue Springs, Business news, Economic development, International, Manufacturing, Northeast Mississippi, Toyota, Toyota Motor Manufacturing Mississippi0 Comments

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