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.
Top Posts & Pages
- IKE TROTTER: There are primary changes in Social Security for 2014
- Hood clarifies opinion on open-carry gun law
- Expert on airlines predicts Jackson-Evers will keep remaining carriers
- MAN OF STEEL: Madhu Ranade leading Severstal Columbus
- C Spire launches next phase of 1-gig service rollout
- Alumni-couple donate $12.3M to Mississippi State
- Town given Obamacare insurance break, but faces additional costs in 2015
- Public meeting called to mull future of convention center
- Court to hear case involving alligators and ExxonMobil
- TRIP releases report on state's crumbling roads, bridges