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Tag Archives: warehousing

Port warehouse expected to bring in $1M next year

NATCHEZ — A warehouse that Adams County purchased is projected to generate almost $1 million next year in revenue. Natchez-Adams Port director Anthony Hauer tells the Natchez Democrat that the warehouse could net approximately $400,000 for the port. The port director says the numbers for the warehouse projection are based on an average monthly income for the facility, which the ...

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Retailer signs warehouse lease; creating hundreds of jobs

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 and Midwest with its broad ...

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State plans to demand refund from Handy Hardware

Handy Hardware, a Texas-based hardware store cooperative, plans to close its two-year-old Meridian warehouse on Dec. 31, laying off 109 workers. The Mississippi Business Journal earlier reported the facility was closing after receiving a release from the Office of Mayor in Meridian. Mississippi Development Authority spokesman Dan Turner said the state contributed a $3.6 million grant to Handy and plans ...

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Governor pushing port to act; worried about losing $500M

GULFPORT — Gov. Phil Bryant says he wants quicker action on issues stalling development at the Port of Gulfport. Bryant says the project needs to move forward and produces 1,200 new jobs in order for officials to avoid the chance of losing $500 million in federal money. The governor is worried the project’s unused funds could be taken back by ...

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GE officially opens new central logistics facility

OLIVE BRANCH — GE has officially opened its new central logistics center for renewable energy components in Olive Branch. The facility is part of GE’s strategy to further improve customer response times throughout North America as more wind and solar energy projects are developed and existing power facilities require maintenance. GE Energy’s renewable energy services group will use the new logistics ...

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Merchants Foodservice makes national ranking again

HATTIESBURG — The nation’s 50 largest broadline distributors collectively broke the $100-billion mark in 2010, growing sales 5 percent over sales reported by the 2009 Top 50. It was a strong performance following the 2 percent sales decline the Top 50 experienced in 2009. The performance of the top 10 companies alone paints a bright turnaround picture: In 2009, the ...

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Instead of consolidating, Furniture Transport closing

PONTOTOC — Furniture Transport Group is shutting down operations in Pontotoc. The Mississippi Department of Employment Security says it has received notice that FTG is closing Nov. 30. According to the notice, 56 employees will be affected by the move. The High Point, N.C.-based company is a transporter of home furnishings. Just a few weeks ago, the company said it ...

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First Toyota supplier to bring 100-plus jobs

SHERMAN — KC Integrated Services, a full-service supply chain solutions provider, is locating a logistics service center in Sherman in Pontotoc County. KC Integrated Services’ Sherman facility will service Toyota and Toyota’s Tier I suppliers, providing just-in-time delivery services to support Toyota’s production control system at its automotive manufacturing plant in Blue Springs. In addition, the Sherman facility will provide ...

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