Infrastructure improvements nearly complete for McKesson
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
- The Dan Jones-IHL saga: Is this the story that started it all?
- Dan Jones rejects IHL offer, won't publicly apologize
- Email from Nash to Delta Council’s Morgan included in DHA court file
- BREAKING NEWS: Trustees offer new deal to Ole Miss chancellor Dan Jones
- Suit against Kemper employee Brett Wingo is dismissed
- Ole Miss chancellor: Talks continue over job status
- DAVID DALLAS — From Dan and Dixie with love
- Delta Health Alliance CEO Karen Fox under investigation for possible misuse of funds
- Law to bolster utilities’ economic development efforts gets mixed reactions