County buys property, leases to Big M
BLUE MOUNTAIN — The Tippah County Board of Supervisors has completed the purchase of more than 15 acres of land that includes the former PrintCraft building in Blue Mountain. The property was acquired from BenchCraft, LLC, for $55,000, and is being leased to Big M Transportation.
It is Big M that purchased the former Blue Mountain Trucking property last year.
“I appreciate the county’s efforts to help us obtain this property.” said Michael Massengill, president of Big M.
According to county officials, the Tippah County has applied for grants to improve access to this property as well as the Town of Blue Mountain’s lagoon.
“The county purchased the property to allow Big M Transportation and Diesel Express to expand its logistics business which will bring additional jobs to the area.” said Ronnie Dunnam, Third District supervisor whose district includes the property.
Big M will also use the property to park its 250 trucks and trailers.
Under the agreement with the county, Big M will be responsible for the lease payments that will pay the cost of the building and offset any taxes that the county will lose because the building is titled in the county’s name.
“This is another opportunity where government and private industry can cooperate to bring jobs to our County,” said Duane Bullard, director of the Tippah County Development Foundation.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Alcorn president launches new customer service task force
- NEW IN MADISON COUNTY — Mississippi Bio-Medical Business Collaboratory to be introduced Friday
- David Duval, former British Open winner, joins Sanderson Farms field
- Court rules against Greenwood councilwoman; must give up office
- GreenTech holds grand opening of neighborhood electric vehicle plant
- Cochran continues to reach out to African American voters
- Turner Grain’s bankruptcy will help consolidate lawsuits alleging breach of contract
- Peoples Bank reports quarterly loss due to bad loans
- Senators write letter over Waters of the United States proposal