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Tag Archives: Lee County

Tupelo’s Fairpark development adding tenants

By DENNIS SEID / Daily Journal TUPELO – The first two tenants have committed to a new Fairpark District development. Ross & Yerger is relocating its downtown Tupelo office on South Broadway to what will be called Fairpark Towers. Joining the Jackson-based insurance company’s office will be Century Construction and Realty Inc. Officials recently announced a public-private partnership between the city and ...

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Tupelo seeks to regain investment from motel demo

By CALEB BEDILLION / Daily Journal TUPELO – With all demolition and grading work at the site of a former Ramada Inn on North Gloster Street complete, the city of Tupelo has taken steps to recoup the more than $400,000 of public money invested into cleaning up the property. A sloping, grassy field now marks the site in Tupelo where ...

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Contour to submit bid to continue Tupelo’s air service

By DENNIS SEID / Daily Journal TUPELO – Contour Airlines had a record number of boardings last month for its Tupelo-to-Nashville flights, and after 16 months of service, it has proven to be a reliable service. With that in mind, its corporate parent, Corporate Flight Management of Smryna, Tennessee, will be bidding for another two-year contract through the U.S. Department ...

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DENNIS SEID: Toyota-Mazda partnership would benefit state, region

Toyota’s announcement Aug. 4 that it had signed a joint venture agreement with Mazda to build Corollas and other vehicles sent state and local leaders through a range of emotions – surprise, concern and hope. If you didn’t hear, the two Japanese automakers, which signed an agreement two years ago to work closer together, said they would build a $1.6 billion ...

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Toyota Mississippi production unaffected by Toyota-Mazda venture

By DENNIS SEID / Daily Journal BLUE SPRINGS – Toyota Mississippi officials said production of the Corolla at the Blue Springs plant won’t be affected by Friday’s announcement that Toyota will be building the vehicle at a new $1.6 billion assembly plant in which it is partnering with Mazda. A location for the plant hasn’t been decided, but the facility ...

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BancorpSouth restructuring dissolves bank holding company

By DENNIS SEID / Daily Journal BancorpSouth Inc. is dissolving its bank holding company, merging its operations with its banking subsidiary, BancorpSouth Bank. BancorpSouth will remain a publicly traded company, continuing to be listed on the New York Stock Exchange under its current symbol, BXS. Most banks have bank holding companies, or BHCs, which allow them to enter into non-banking ...

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Wicks n’ More continues rebuilding

By DENNIS SEID / Daily Journal SALTILLO – It’s been a journey filled with peaks and valleys, but candle company Wicks n’ More continues to fight its way back to regain its place in the market. With a new home, the company hopes to re-establish accounts and develop new ones for its still-popular signature pillar candles, as well as its ...

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DENNIS SEID: Deja vu all over again for market

Eleven years ago, Tupelo Furniture Market officials surveyed retailers and exhibitors, and the results showed a desire to move the twice-yearly trade shows. The market has traditionally held its shows in February and August, calling them the spring and fall markets, respectively. And so, the market shifted the dates to January and June. “This was requested by them, who said ...

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NMHS, United Health reach agreement

By MICHAELA GIBSON MORRIS / Daily Journal TUPELO – North Mississippi Health Services and United Health Care have mended fences. Days before its provider participation agreement was set to expire, the Tupelo-based health system and the Minnesota-based insurer announced Friday they had signed a three-year agreement and resolved outstanding questions about more than $40 million in disputed claims. The agreement ...

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Fire destroys bathware company’s facility

DENNIS SEID / Daily Journal GOLDEN – A fire early Sunday morning at the 110,000-square-foot Baymont Bathware facility took firefighters nearly all day to put out, but the building was all but destroyed. No one was hurt during the blaze, which started around midnight Saturday. Nearly 150 people work at the plant, and company officials said they hoped to get ...

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