Archive | Baldwyn

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Hancock Fabrics CFO resigns to take job with another retailer

In an SEC filing today, Hancock Fabrics announced that on Thursday, James B. Brown, its executive vice president and chief financial officer, had resigned to accept an executive position with an unnamed midwest retailer. His resignation is effective Sept. 15. “There are no disagreements between Mr. Brown and the company on any matter relating to the company’s operations, […]

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Posted in Baldwyn, Business news, Hancock Fabrics, Northeast Mississippi0 Comments

Thomas Wells | BUY at PHOTOS.DJOURNAL.COM
Gov. Phil Bryant, center,left, takes a tour of FXI on Monday before they announce an expansion at the Baldwyn plant.

ICYMI: FXI in Baldwyn nearly doubling workforce

If you didn’t get a chance to read today’s print edition or haven’t see it on the Daily Journal website there’s good news coming out of Baldwyn. FXI is adding 60 workers to its factory there, taking the employee count to 130. Here’s the story: FXI has begun bringing new equipment to its Baldwyn factory and […]

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Posted in Baldwyn, Business news, Furniture, Healthcare, Job info, Manufacturing, National, Northeast Mississippi0 Comments

Lauren Wood | BUY AT PHOTOS.DJOURNAL.COM
Gov. Phil Bryant shakes hands with Rooms To Go CEO Jeffrey Seaman after at the ground breaking ceremony for H.M. Richards Monday morning in Baldwyn, which will create 500 jobs in the area.

ICYMI: H.M. Richards expanding, adding 500 jobs

Here’s a link to the full story in today’s Daily Journal regarding H.M. Richards’ announcement yesterday it was expanding and adding 500 jobs. A few excerpts: For the ninth time in its 18-year history, upholstered furniture maker H.M. Richards is expanding. The latest addition, announced Monday at the company’s sprawling, 900,000-square-foot campus in the Harry A. […]

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Posted in Baldwyn, Business news, Economic development, Employment and jobs, Furniture, Manufacturing, Mississippi Development Authority, National, Northeast Mississippi0 Comments

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Big announcement this morning at H.M. Richards

UPDATE: Apologies fot the late update, but if you followed me on Twitter you know by now that 500 jobs are coming with an $8 million expansion. About 100 have already been hired, but the rest will have to wait until the 280,000-square-foot addition is built. —————– original post ———- An “economic development announcement” is […]

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Posted in Baldwyn, Business news, Economic development, Employment and jobs, Furniture, International, Manufacturing, Mississippi Development Authority, Northeast Mississippi0 Comments

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Southern Motion expanding Baldwyn operations again

Pontotoc-based Southern Motion is expanding its motion furniture operations at its Baldwyn facility, officials announced today. The project represents a $600,000 corporate investment and will create 60 jobs over the next 12 months, according to Gov. Phil Bryant’s office and the Mississippi Development Authority Officials say the move will bring employment at the facility to 235. Southern Motion, […]

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Posted in Baldwyn, Business news, Economic development, Employment and jobs, Furniture, Manufacturing, Mississippi Development Authority, Pontotoc0 Comments

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OSHA fines H.M. Richards for death of maintenance worker

The Occupational Safety and Health Administration is recommending a $55,100 fine for furniture manufacturer H.M. Richards. The company, founded in 1997, has 15 business days to respond. Last Oct. 1, Raymond Reece, a 46-year-old maintenance worker at H.M. Richards Inc., was fatally electrocuted, as he disconnected wiring on a saw at the company’s frame shop on […]

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Posted in Baldwyn, Business news, Furniture, Manufacturing, Northeast Mississippi, Workplace issues0 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, Tupelo1 Comment


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