Infrastructure improvements nearly complete for McKesson
by Associated Press
Published: August 31,2011
OLIVE BRANCH — The City of Olive Branch has almost finished improving roads and utility lines near the site of a pharmaceutical warehouse that’s supposed to open in 2012.
The Commercial Appeal reports the infrastructure improvements were part of the package of incentives to lure McKesson Corp. to the city in northern Mississippi.
The company announced last summer that it would build a $115 million distribution facility in Olive Branch — a project slated to create about 300 jobs.
The Mississippi Development Authority is providing $4 million for infrastructure improvements and to assist with preparation costs for the project.
Olive Branch is contributing up to $260,500 for infrastructure improvements and in-kind services, and DeSoto County is providing $250,000 for infrastructure improvements.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Expert on airlines predicts Jackson-Evers will keep remaining carriers
- IKE TROTTER: There are primary changes in Social Security for 2014
- MAN OF STEEL: Madhu Ranade leading Severstal Columbus
- C Spire launches next phase of 1-gig service rollout
- Alcorn's finances being investigated; CFO resigns
- NEW ORLEANS SAINTS MOVING — Mississippi company has the task of moving the football team
- Hood issues opinion on open-carry gun law
- Keeping our eye on... Liz Lancaster
- GOP Sen. Thad Cochran to run for seventh term
- Texas company buys Tuscaloosa Marine Shale leases