Archive | Manufacturing

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Roxul opening 600K-square-foot Byhalia facility Sept. 24

Roxul is officially opening its 600,000-square-foot manufacturing plant in Byhalia next Wednesday. Roxul Inc. is based in Canada and is a subsidiary of Rockwool International, based in Denmark. The company makes insulation from natural stone and recycled content. The Marshall County facility is its first in the U.S. Roxul Inc. makes stone wool insulation from natural stone and […]

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Posted in Business news, Economic development, International, Manufacturing, Mississippi Development Authority, National, New business, Northeast Mississippi0 Comments

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NAM study: Federal regulations cost economy $2 trillion

According to a study by the National Association of Manufacturers, complying with federal regulations costs Americans $2.028 trillion in lost economic growth annually, or about 12 percent of total GDP that could be invested back into the nation’s businesses.  More from NAM: The study, conducted by economists Nicole V. and W. Mark Crain, concluded that manufacturing […]

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Posted in Business news, Economic development, Manufacturing, National0 Comments

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Newport Home furnishings expanding in New Albany

Upholstered furniture manufacturer Newport Home Furnishings in New Albany is expanding its operations and adding 45 new jobs, the company announced today through the Mississippi Development Authority. Newport was founded in 2013 and builds stationary and motion sofas, loveseats, chairs, and recliners. According to MDA, the project represents a corporate investment of $270,000. The MDA provided assistance in support […]

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Posted in Business news, Economic development, Employment and jobs, Furniture, Manufacturing, New Albany, Northeast Mississippi0 Comments

MRAP MAX PRO

Navistar Defense plant in West Point gets $38.4M contract

The Navistar Defense plant at West Point will upgrade MRAP (Mine Resistant Ambush Protected) vehicles as part of a $38.4 million contract awarded by the U.S. Army, according to U.S. Sen. Thad Cochran (R-Miss.). This phase of the “vehicle reset” contract includes the replacement of mandatory parts and repairs to MRAP Maxx Pro Dash vehicles, bringing them to […]

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Posted in Business news, International, Manufacturing, National, Northeast Mississippi, West Point0 Comments

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KeyTronic acquires Ayrshire Electronics for $46.9M

Spokane, Washington-based Key Tronic Corp. closed on a deal to buy CDR Manufacturing, otherwise known as Ayrshire Electronics, for $46.9 million in cash. Ayrshire has a manufacturing facility in Corinth, which is unaffected by the move. The facility employs 186 people. “Ayrshire Electronics has been a great partner and growing employer in Corinth,” said Gary […]

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Posted in Business news, Corinth, Economic development, Employment and jobs, Manufacturing, Mergers & acquisitions, National, Northeast Mississippi1 Comment

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Furniture maker HomeStretch expanding, adding 60 jobs

Upholstered motion and recliner furniture manufacturer HomeStretch is adding 60 jobs to its Nettleton plant, officials said today. The company, founded four years ago by Skipper Holliman and Gentry Long, is adding 60,000-square feet of manufacturing and warehouse space. “This expansion will facilitate our business plan over the next three to five years,” Holliman said. “Thanks to […]

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Posted in Business news, Economic development, Employment and jobs, Furniture, Manufacturing, Northeast Mississippi1 Comment

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Gifts and Accessories Show at furniture market adds fundraisers

The fall Tupelo Furniture Market gets underway Thursday and ends Sunday, and for the fifth year, the concurrent Furniture, Gift & Home Accessories Show will take place. The furniture market trade show is open to registered retail buyers only in Buildings II-VI, but the FGHAS is open to the public in Building I. The Furniture, Gift […]

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Posted in Business news, Furniture, Manufacturing, Tupelo, Tupelo Furniture Market0 Comments

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