Posts Tagged ‘Community Development Foundation’

California company moving some production to state

SHANNON — General Atomics is relocating some product lines from its Electromagnetic Systems Group to Shannon. The company and Gov. Phil Bryant made the announcement today in Shannon. Bryant says in a news release that the relocation represents an $11 million investment by General Atomics and will create 80 new jobs. The relocated product lines […] [...]

Heritage Home closing furniture plants

SALTILLO — Heritage Home Group, LLC said yesterday that it will close furniture plants in Saltillo and Thomasville, N.C., as part of a post-bankruptcy restructuring. Heritage told the Mississippi Department of Employment Security that it would cut 480 jobs in Saltillo by March 21. The plant near Tupelo makes upholstered reclining furniture under the Lane […] [...]

Incubator expansion gets nod

Tupelo – The Lee County Board of Supervisors and the Community Development Foundation (CDF) have officially been approved by the U.S. Department of Commerce, Economic Development Administration (EDA), for the phase II expansion of the Renasant Center for IDEAs, Tupelo/Lee County’s regional business incubator, with application made through Three Rivers Planning & Development District. The […] [...]

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