RIDGELAND — The Metropolitan Bank has opened its second Memphis, Tenn., office, located at 5264 Poplar Avenue in East Memphis.
The new office, for which Metropolitan announced plans in July, will serve as an anchor for its professional and medical banking team, led by Holly Bronson, and the bank’s commercial banking team, led by Scott Hauss. [...] [...]
by Associated Press Published: December 6,2011
Tags: economic development, expansions, furniture, furniture maker, furniture manufacturing, industrial real estate, jobs, manufacturer, manufacturing, real estate
BALDWYN — Southern Motion, a reclining furniture manufacturer is expanding into Baldwyn in Prentiss County where it will manufacture a new line of upholstered recliners.
The company is locating into the 192,500-square-foot building formerly occupied by ForeFront Golf. The expansion represents a company investment of $3 million and will create 150 new jobs over the next [...] [...]
by MBJ Staff Published: October 26,2011
Tags: bankinf and finance, Banks, expansions, financial institutions, homeowners, homes, houses, loans, mergers and acquisitions, mortgages, real estate, residences
FLOWOOD — Magnolia State Bank has opened its new location in Flowood, and has completed the acquisition of Advantage Mortgage Corp.
The new mortgage division is set to open Nov. 1 as Advantage Mortgage, A Division of Magnolia State Bank. The office is located at 437 Katherine Drive and will house seven employees.
The location will have [...] [...]
FAYETTE — A groundbreaking ceremony for the expansion of Jefferson County Hospital is scheduled for Wednesday in Fayette.
Hospital CEO Jerry Kennedy tells the Natchez Democrat the expansion is the last phase of renovations that began five or six years ago.
Kennedy says the expansion will include a new emergency room, X-ray and diagnostics lab, a new [...] [...]
CORINTH — Magnolia Regional Health Center has received certificate of need (CON) authority for the addition of 36 acute care beds.
This addition will increase the total number of licensed acute care beds at the hospital to 181.
The total capital expenditure for this project is $499,500.
[...]
GRENADA — Grenada Stamping and Assembly, supplier of parts to the appliance, automotive, HVAC/R and off-highway markets, is expanding its operations in Grenada to accommodate the rapid growth of its solar panel-related stamping business.
The project represents a company investment of $500,000 and will create 50 new jobs, according to the Mississippi Development Authority (MDA).
Since January [...] [...]
ACROSS MISSISSIPPI — AT&T continues its ongoing investment in Mississippi with local wireless network enhancements, including expanded backhaul to enable 4G speeds, increased mobile broadband capacity and new and upgraded cell sites.
The improvements plans are part of AT&T’s plan to invest in the $20-billion range in its wireless and wireline networks in 2011.
From January through [...] [...]
NATCHEZ — Enerfab, an equipment manufacturing firm with design and build capabilities serving the process industries, will begin manufacturing operations in Natchez and plans to expand production capabilities at the facility formerly operated by Dynasteel.
Enerfab’s new Natchez location, which will be known as Enersteel, will retain much of Dynasteel’s existing workforce, and the company will [...] [...]
HATTIESBURG — Resinall is expanding its operations in Hattiesburg to accommodate the manufacture of white water resins.
Resinall is constructing a new three-story, 3,000-square-foot facility at its current Dixie Pine Road location. The project represents a company investment of $17 million and will create 10 new jobs and retain the existing 120 currently in place at [...] [...]
STARKVILLE — Renasant Corporation’s wholly owned subsidiary, Renasant Bank, is entering the Starkville banking market. Leading Renasant in Starkville will be banking veteran Tommy Tomlinson as Starkville Division president.
Prior to joining Renasant, Tomlinson served for 28 years as an executive banker for another regional bank.
Tomlinson attended Mississippi State University, graduating with a bachelor’s degree in [...] [...]