Archive | Mississippi Development Authority

Tecumseh logo

Tecumseh to merge with Mueller, private equity firm in $123M deal

Tecumseh Products Co. announced today a merger agreement with an affiliate of Mueller Industries and private equity firm Atlas Holdings. Tecumseh, which manufactures compressors and related products around the world including at a plant in Verona, said the deal is value at about $123 million, including the assumption of some debt by Mueller and Atlas. Tecumseh shareholders are being […]

Read the full story

Posted in Business news, Economic development, Employment and jobs, International, Manufacturing, Mississippi Development Authority, National, Northeast Mississippi, Verona0 Comments

United logo

United Furniture adding another 100 workers

United Furniture Industries is adding 100 jobs as it locates distribution operations to the former Lane Furniture distribution facility in Wren. Fifty manufacturing jobs will be created in Wren, plus another 50 will be added throughout United’s Amory, Nettleton and Okolona facilities. United Furniture currently has  operations in several Mississippi locations, including Amory, Hatley, Nettleton, Okolona, Vardaman and […]

Read the full story

Posted in Amory, Business news, Economic development, Employment and jobs, Furniture, Manufacturing, Mississippi Development Authority, National, Northeast Mississippi, Verona4 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. […]

Read the full story

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

HM Richards logo

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 […]

Read the full story

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

4YI2zDOa

Kellex bringing 75 jobs to Tupelo

Officials from Ohio-based Kellex Seating, manufacturer of commercial upholstered seating, announce the company is expanding into Mississippi by locating operations in the former Tupelo Manufacturing facility in Tupelo. The project represents a $600,000 corporate investment and will create 75 jobs. “I appreciate the Kellex team for selecting Tupelo as their location to pursue new growth […]

Read the full story

Posted in Business news, Economic development, Employment and jobs, Furniture, Manufacturing, Mississippi Development Authority, National, New business, Northeast Mississippi, Tupelo1 Comment

Avectus logo

Avectus Healthcare in Corinth expanding again

From the Mississippi Development Authority:  Officials from data processor Avectus Healthcare Solutions, LLC announce the company is expanding operations in Corinth. The project represents a $400,000 investment and will create 70 new jobs, bringing the total number employed at the facility to approximately 270. In September, Avectus Healthcare announced an expansion to accommodate an increase […]

Read the full story

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

705911b897707a2bcda3e82119c99503096ab6f4

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, […]

Read the full story

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


Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 3,585 other subscribers