Archive | Employment and jobs

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Philips confirms 49 ‘temporary’ layoffs at Tupelo plant

Philips Lighting today confirmed it had laid off some workers at its Tupelo plant, but said there’s no reason for alarm. “We did announce 49 temporary layoffs of hourly workers,” said Sylvie Casanova, a spokeswoman for Philips North America. Casanova said it’s a seasonal, cyclical move tied to the usual slowdown in construction across the country […]

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Posted in Business news, Community Development Foundation, Economic development, Employment and jobs, International, Manufacturing, Mississippi Development Authority, National, Northeast Mississippi, Tupelo, Unemployment1 Comment

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TVA: $1.2B in investment and 4,700 jobs in Miss.

The Tennessee Valley Authority says its economic development efforts were successful in attracting and retaining more than 60,300 jobs and spurring a record $8.5 billion in business investments in the TVA region in fiscal year 2014. In Mississippi, TVA said its efforts resulted in 4,700 jobs and $1.2 billion in investment. Last year, TVA said across the valley […]

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Posted in Business news, Community development, Economic development, Employment and jobs, Energy, National, Northeast Mississippi, Tennessee Valley Authority0 Comments

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Villa International adding 75 jobs in Belmont

The Mississippi Development Authority announced that Villa International, a manufacturer of luxury furniture for motorhomes, announces the company is locating operations in the former Falcon Products facility in Belmont, in Tishomingo County. The project represents a $250,000 corporate investment and will create 75 jobs over a five year period. “I am proud to welcome Villa International […]

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Posted in Business news, Economic development, Employment and jobs, Manufacturing, National, New business, Northeast Mississippi0 Comments

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Corinth operations unaffected by Kimberly-Clark cuts

Kimberly-Clark said today it plans to cut between up to 1,300 workers, primarily salaried staff in a restructuring effort. According to the Dallas Morning News, the restructuring program to improve efficiency and offset some overhead costs related to the spin-off of its health care business should save the company between $130 million to $160 million by […]

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Posted in BancorpSouth, Business news, Corinth, Employment and jobs, National, Northeast Mississippi0 Comments

Carmax sign 9.30.14

CarMax to open Tupelo store next week

CarMax is set to open its Tupelo location next week, the company confirmed today.  A soft opening is planned Wednesday, Oct. 9 for the used car giant, which has more than 120 stores nationwide. It will be the second CarMax store in the state; the other location is in Jackson. The Tupelo store – located […]

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Posted in Automotive news, Business news, Drive-by Photos, Employment and jobs, National, New business, New Retailers, Northeast Mississippi, Tupelo0 Comments

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Peavey Electronics downsizing as part of reorganization

Meridian-based Peavey Electronics Corp. is reorganizing in a move that company officials say will result in some layoffs. “Less than 100 employees will be affected,” Hartley Peavey, founder and CEO of Peavey Electronics Corp., said. “We’re keeping certain parts of that factory open; certain parts of it we’re closing down,” Peavey said about plans for […]

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Posted in Business news, Employment and jobs, National0 Comments

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ICYMI: Walmart Neighborhood Markets opening across region

In case you missed it in today’s Daily Journal, here’s my follow-up story to the efforts of Tupelo First to halt the encroachment of Walmart Neighborhood Markets into Tupelo (click here for that story) from Wednesday. Here’s today’s story, with comments from Walmart:  Some Tupelo businesses and residents aren’t too thrilled about the possibility of Wal-Mart Stores […]

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Posted in Business news, Community development, Economic development, Employment and jobs, National, New business, New Retailers, Northeast Mississippi, Retail News, Tupelo0 Comments

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