by Associated Press Published: June 13,2013
Tags: acquire, acquisition, board of supervisors, county government, economic development, employee, employer, energy, expand, expansion, job, job creation, manufacture, manufacturer, manufacturing, purchase, supervisor, warehouse, wealth creation, work, worker
NATCHEZ — A chance to help a local industry speed up a $30-million investment has prompted the Adams County Board of Supervisors to simplify what had become a complex process to purchase large warehouse near the Natchez-Adams County Port. The county had originally planned to help purchase the building through a complicated agreement that would [...] [...]
TUPELO — The federal government has handed over a downtown warehouse seized during FBI raids in 2009 to the city of Tupelo. The FBI, the U.S. attorney’s office and the U.S. Marshals Service made the announcement Tuesday. Authorities said in a news release that the 100,000-square-foot warehouse was forfeited as the result of an investigation [...] [...]
by Associated Press Published: April 29,2013
Tags: acquire, acquisition, bankrupt, bankruptcy, board of supervisors, buy, county, county government, distribution, port, sale, sell, supervisor, warehouse
NATCHEZ — Adams County has agreed to buy a 450,000-square-foot warehouse at the Natchez-Adams County Port. County board of supervisors President Darryl Grennell says the warehouse will help economic development in the area. The warehouse on the Mississippi River houses products loaded on and unloaded off barges. The port has operated the warehouse for Valley [...] [...]
TUPELO — Mitchell Distributing Company was recognized by Anheuser-Busch InBev (ABI) as one of the top wholesalers in the country at the annual Wholesalers Excellence Meeting in Las Vegas. Mitchell Distributing was selected as an inaugural recipient of the Ambassadors of Excellence Award, an award granted to wholesalers who have earned “Top Performer” status for [...] [...]
MERIDIAN — The financial consultant brought into reorganize bankrupt Handy Hardware says the Texas company disputes a claim by the state of Mississippi that it owes $3.5 million to Lauderdale County. Handy Hardware President Morrie Aaron cites a 2009 memorandum of agreement that says Handy would not have to repay a federal Community Development Block [...] [...]
MERIDIAN — A Texas company that Mississippi officials say owes the state $3.5 million has filed for bankruptcy, complicating collection efforts. Handy Hardware, a hardware wholesale cooperative, announced in November it was closing its two-year-old Meridian warehouse. By then, the Houston company had missed an October interest payment to Capital One Financial Corp. and defaulted [...] [...]
JACKSON — EastGroup Properties’ profit nearly doubled in the fourth quarter thanks to the sale of an Oklahoma warehouse. The real estate investment trust said Tuesday that quarterly profit rose to $12.2 million, or 41 cents per share. That’s up from $6.4 million, or 24 cents per share, in 2011′s fourth quarter. For all of [...] [...]
by Associated Press Published: January 18,2013
Tags: bill, cirty government, community development, Convention Center, elected official, law, lawmaker, leader, legislation, legislative, legislator, Legislature, meeting and convention, municipal, municipality, official, politician, Politics, public official, state government, tax, tourism, tourist, visitor, warehouse
GREENWOOD — Officials have asked the Legislature to approve a 2-cent increase in the local lodging tax so the city of Greenwood can renovated a local warehouse into a convention center. It will be third time the city has asked for the increase. The Greenwood Commonwealth reports both previous times the request for a lodging [...] [...]
by Associated Press Published: January 9,2013
Tags: build, builder, building, construction, consumer products, contractor, distribution, ship, shipping, warehouse
SOUTHAVEN — Consumer products company Helen of Troy will build a new $37-million warehouse in DeSoto County. The company, based in El Paso, Texas, already owns a 1.2 million-square-foot warehouse in Southaven. It will give up 700,000 square feet of leased space in Memphis, Tenn. Officials said Helen of Troy would create 300 jobs. It’s [...] [...]
by MBJ Staff Published: November 9,2012
Tags: distribution, employee, employer, employment, job, lease, retail, retailer, retailing, storage, warehouse, warehousing, work, worker
OLIVE BRANCH — Philadelphia-based specialty value retailer Five Below has signed the lease for a new distribution center in Olive Branch. Terms were not disclosed. The 600,000-square-foot facility, located at 9105 Hacks Cross Road, is Five Below’s second distribution center and will allow the company to more quickly and efficiently supply stores in the South [...] [...]
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