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Toyota solar 2

Toyota Mississippi first shift canceled; second shift to resume

Toyota Mississippi in Blue Springs has canceled the first shift for both production and administration, plant officials said. Skilled and facilities team members are asked to contact their supervisors for their start times. The second shift will resume normal operations.

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Posted in Automotive news, Blue Springs, Business news, Manufacturing, Northeast Mississippi, Toyota, Toyota Motor Manufacturing Mississippi0 Comments

Cooper Tire logo

Cooper Tire profits increase; company announces stock buyback

Cooper Tire & Rubber Company (NYSE: CTB) today announced its net income for 2014 was $214 million, or $3.42 per share, versus $111 million, or $1.73 per share, in 2013. The results include a gain of $56 million its sale of the company’s 65-percent interest in a joint venture in China. Excluding that gain, earnings per share […]

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Posted in Business news, Cooper Tire, International, Manufacturing, National, Northeast Mississippi, Tupelo0 Comments

Last February, Caterpillar announced a $14.8 million investment that would add 30 jobs to its new Large Engine Remanufacturing Facility, which builds the company’s C175 engine used for mining equipment and power generation.

Caterpillar’s finances under investigation by grand jury

A federal grand jury is investigating “financial information” in Caterpillar’s domestic and international operations and subsidiaries, according to regulatory documents filed this week. The investigation was first reported by the Herald & Review in Decatur, Ill. Caterpillar said it received a subpoena Jan. 8 asking for information “concerning the movement of cash among U.S. and non-U.S. […]

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Posted in Booneville, Business news, Corinth, International, Manufacturing, National, Northeast Mississippi, Oxford, Water Valley0 Comments

Lakota AAS

Airbus Helicopters in Columbus lands $220.5 million contract

The U.S. Army has approved a $220.5 million contract for the production of UH-72A Lakota helicopters at the Airbus Helicopters plant in Columbus, according to U.S. Senator Thad Cochran (R-Miss.), chairman of the Senate Defense Appropriations Subcommittee. The contract to Airbus Defense and Space Inc. will support the procurement of 41 Lakota helicopters equipped with Airborne […]

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Posted in Business news, International, Manufacturing, National0 Comments

After the metal is stamped, the parts are inspected for quality before they head to body weld and assembly.

Toyota Mississippi celebrates building of 500,000th Corolla

Earlier today, the Toyota Motor Manufacturing Mississippi plant in Blue Springs built its 500,000th Corolla sedan. As you can see, the workers decorated it a bit. It’s the fastest a Toyota plant in the U.S. has reached a half-million cars, all in a little more than three years (production began in October 2011). TMMMS beat […]

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Posted in Automotive news, Blue Springs, Business news, Economic development, International, Manufacturing, Northeast Mississippi, Toyota, Toyota Motor Manufacturing Mississippi0 Comments

There would be more buyers at the market if more companies – Mississippi-based in particular – would show i Tupelo. Just sayin'

OPINION: Mississippi furniture manufacturers should show at market

I wrote a column in today’s Daily Journal, suggesting that companies that make furniture in Mississippi should show at the Tupelo Furniture Market.  I was out of town for much of the day, but I received some calls with people agreeing with me. Now, you may not, and that’s fine – that’s what opinions are for. And no, […]

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Posted in Business news, Community development, Economic development, Furniture, International, Manufacturing, National, Northeast Mississippi, Tupelo, Tupelo Furniture Market0 Comments

Grammer LOGO

Grammer begins full production in Shannon

Grammer AG  is now making commercial-vehicle suspension seating at its newest North American plant in Shannon. A year ago, Grammer broke ground on the 120,000-square-foot facility in the Tupelo Lee Industrial Park, promising to employ 350 people by 2018. A second phase of expansion could add another 300 jobs by 2020.  As of today, the plant employs 92 people. Production […]

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Posted in Automotive news, Business news, Community Development Foundation, Economic development, Employment and jobs, International, Manufacturing, Mississippi Development Authority, National, Northeast Mississippi, Tupelo0 Comments

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