Archive | Manufacturing

Tupelo Tool & Die

Tupelo Tool and Die looking for investment options

TT and D Inc., otherwise known as Tupelo Tool and Die, which has manufactured precision dies and tooling since 1970, has retained Heritage Equity Partners  to seek a joint venture or equity partner for, or to sell the business or assets. In a press release, here’s what the company said:   TTD was founded in 1970 and was […]

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Posted in Business news, Manufacturing, National, Northeast Mississippi, Tupelo0 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 […]

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Posted in Amory, Business news, Economic development, Employment and jobs, Furniture, Manufacturing, Mississippi Development Authority, National, Northeast Mississippi, Verona3 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

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 […]

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

Ashley FI logo

Ashley Furniture exploring possibility of sale

Ashley Furniture Industries, the world’s largest furniture manufacturer and retailer, could be putting itself up for sale. Or, according to the Wall Street Journal, at least looking at the possibilities. From the WSJ: Ashley Furniture Industries Inc. confirmed Tuesday that it has hired investment bank Goldman Sachs Group Inc. to explore “a variety of investment alternatives and other opportunities.” The […]

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Posted in Business news, Ecru, Furniture, International, Manufacturing, National, Northeast Mississippi, Ripley, Verona0 Comments

Lauren Wood | Buy at photos.djournal.com
Gov. Phil Bryant, New Albany mayor Tim Kent, and Emerald Home Furnishings president David Beckmann stand ready to hammer the first bolts of the expansion project which will create 150 jobs Wednesday morning in New Albany.

ICYMI: 300 jobs coming to Northeast Mississippi

It was a good day in Northeast Mississippi yesterday, with the announcement that two companies were bringing a total of 300 jobs to the area. Here’s an excerpt from the story in today’s paper: On the same day figures showed Northeast Mississippi posted its lowest unemployment rate in a decade, the region got another economic […]

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Posted in Business news, Economic development, Employment and jobs, Furniture, Manufacturing, National, New Albany, New business, Northeast Mississippi, Pontotoc0 Comments

Heritage Home Group logo

Lane Furniture parent company replaces CEO

According to the Winston-Salem Journal of North Carolina, Heritage Home Group has replaced its chief executive officer, Ira Glazer. HHG is the parent company of Lane Furniture Industries, which employs several hundred at its lone remaining plant in Belden. HHG shuttered its Saltillo plant last March, laying off 480 workers. Heritage Home Group replaced what had been […]

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Posted in Business news, Furniture, Furniture Brands International, Heritage Home Group, Manufacturing, National, Northeast Mississippi, Tupelo2 Comments

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