Aircraft company moving operations from Arkansas
TUPELO — A company that dissembles wide-body commercial aircraft at the Walnut Ridge Airport in Walnut Ridge, Ark., is moving much of its operation to Mississippi.
The Jonesboro Sun reports that Memphis, Tenn.-based Universal Asset Management will move the operation to Tupelo because the 747s and other large aircraft are causing significant damage to runways, ramps and taxiways. The company is also moving warehouses in Arkansas at Pocahontas and Walnut Ridge.
It is not clear whether UAM will continue its small-body aircraft disassembly operations in Walnut Ridge. Mayor Don House told the newspaper he would meet with company officials to discuss its future in Northeast Arkansas.
The number of jobs affected was not released and UAM officials did not return phone calls seeking comment.
Source: The Associated Press
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Twang & Tourism: The Country Music Trail
Top Posts & Pages
- Judge intends to rule on McDaniel's challenge before general election
- Oxford’s FNC getting new headquarters
- QUIRKY? NO, JERKY — Whatever your craving, Beef Jerky Outlets likely has the flavor among 200+ choices
- (UPDATE) I-20 partially closed as vehicle carrying hazardous materials burns
- Coast family wins $644K in tideland lawsuit against state
- Officials set hunting dates for birds; expands dove season by 20 days
- Corps official: River needs larger ports, locks and dams
- C Spire, UM installing Wi-Fi network at Vaught-Hemingway Stadium
- Community Bank, Pinnacle Trust ink new agreement