by Associated Press Published: December 1,2010
Tags: Furniture Industry
TUPELO — Peoploungers’ disgraced former chief Jimmy Green will serve his 51-month prison sentence for fraud and money laundering at an Arkansas federal prison. WTVA-TV in Tupelo reports Green was ordered on Tuesday to report to the prison in Forrest City, Ark., on Jan. 11. Green pleaded guilty to bank fraud, mail fraud and money [...] [...]
by Associated Press Published: October 11,2010
Tags: fraud, Furniture Industry, manufacturing, Peopleoungers
TUPELO, Miss. (AP) – Peoploungers’ disgraced former chief claims his criminal acts were brought on by desperation after global business pressures sunk him and the furniture company into bankruptcy. Jimmy Green pleaded guilty to bank fraud, mail fraud and money laundering in April over his personal financial dealings. Nettleton-based Peoploungers filed for Chapter 11 bankruptcy [...] [...]
by Wally Northway Published: March 26,2010
Tags: expansions, Furniture Industry, jobs, manufacturing
LEE COUNTY — Lane Furniture Industries is expanding two of its Lee County locations to accommodate an increase in production. The cost of the project was not disclosed. The expansion is creating a total of 186 new jobs, bringing the total number of Lane employees in Lee County to 2,051. Eighty-five of the jobs created [...] [...]
by Wally Northway Published: February 28,2010
Tags: Furniture Industry, mississippi furniture manufacturing indurstry, recession
Industry adding jobs during recession The last few years have not been the best of times for Mississippi’s furniture manufacturing industry. Global competition, the housing crisis and recession/slipping consumer confidence are just a few of the challenges furniture-makers have faced. However, it looks as if the industry is making something of a comeback. Last year [...] [...]
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