Posts Tagged ‘manufacturer’

PepsiCo beverage warehouse to close next month

CORINTH — PepsiCo is closing Corinth beverages warehouse by the end of February. PepsiCo said the operations are moving to its Tupelo warehouse. Of the 31 employees affected by the closure, the majority will be given the opportunity to transfer to Tupelo, says Vincent Bozek with PepsiCo North America spokesman. The warehouse has operated in […] [...]

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 […] [...]

MDA provides funding to Grenada manufacturer

GRENADA — The state of Mississippi has provided $200,000 to refurbish a metal stamping press at a Grenada manufacturer. The money was provided through the Mississippi Development Authority’s Job Protection Grant program. The program is designed to help local industries retain jobs and grow their businesses. Officials say Grenada Stamping is spending $250,000 of its […] [...]

Shipbuilder lays keel for Bouchard-bound barge

PASCAGOULA — VT Halter Marine has laid the keel for one of two articulated tug barge units being built for Bouchard Transportation Co. VT Halter Marine CEO Bill Skinner says in a new release that construction of the two units began in April at VT Halter Marine’s Pascagoula facility, with delivery scheduled for mid-2015. The […] [...]

Signet to invest $7.2M in infrastructure improvements

PASCAGOULA — Signet Maritime Corp. is investing $7.2 million in infrastructure improvements at its Pascagoula shipyard, Signet Shipbuilding & Repair. The company says in a news release that the improvements will support an increased workload and future growth. Improvements will include a 150-ton crawler crane, dredging and renewal of a 1,000-foot waterfront bulkhead, a new […] [...]

Pharmaceutical maker lays off workers; could owe state money

DEKALB — A Kemper County drug maker has laid off about 75 employees, leaving questions about its future and whether it has to repay economic development money. Pharma Pac LLC made the layoffs Dec. 19, according to a notice filed with the Mississippi Department of Employment Security. Kemper County Economic Development Authority Executive Director Craig […] [...]

Manufacturing index reverses, falls by 3.8 points

KENNESAW, Ga. — Manufacturing activity reversed its previous two-month climb in the Southeast, widening the gap between the region and the nation, according to the Southeast Purchasing Managers Index (PMI) report released by Kennesaw State University’s Econometric Center in the Michael J. Coles College of Business. According to the report, the Southeast PMI fell by […] [...]

Reimbursements coming for failed Mississippi Silicor project

COLUMBUS — Mississippi Silicor’s proposed project in Lowndes County failed about a year ago. Now, Lowndes County, 4-County Electric Power Association and Lowndes County Industrial Development Authority will share in $238,000 in reimbursements for what they spent trying to lure the company to the area in 2012. The Commercial Dispatch reports that the county will […] [...]

County gives 10-year tax break to Aurora Flight Sciences

COLUMBUS — Lowndes County has given Aurora Flight Sciences a 10-year property tax exemption for its investment in the final expansion of its facility. Without the exemption, the unmanned aircraft manufacturer would have paid $9 million to the county in taxes through the next decade. The amount equals what Aurora invested in a 30,000-square-foot addition […] [...]

Organizers gearing up for first-ever furniture show

TUNICA — The inaugural Tunica Furniture Market in January will be held in January and its organizer says about 40 companies are expected to participate. “Despite a lot of doubts and people calling me crazy, the Tunica Furniture Market is happening,” organizer Scott Morton told the Northeast Mississippi Daily Journal. Morton proposed earlier this year […] [...]

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