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Economic Development

4 poultry plant execs indicted after 2019 immigration raid

Four executives from two Mississippi poultry processing plants have been indicted on federal charges tied to one of the largest workplace immigration raids in the U.S. in the past decade. U.S. Attorney Mike Hurst and the acting director of U.S. Immigration and Customs Enforcement, Matt Albence, announced the indictments as the documents were unsealed Thursday. Their announcement happened a day ...

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Aquarium a monument to post-Katrina recovery $98 million attraction to open Aug. 29

By JACK WEATHERLY Fifteen years to the day after Hurricane Katrina made landfall and destroyed most of the infrastructure along the coast of Mississippi, a new structure will open, celebrating the recovery of the area. The $98 million Mississippi Aquarium will open in Gulfport. Though located on the coast, the public-private facility will tell the story of Mississippi’s aquatic resources ...

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Lyric Hotel opening pushed back a month

By JACK WEATHERLY The opening date for the Lyric Hotel in Cleveland has been pushed back a month. The luxury hotel had been scheduled to open on Tuesday, Aug. 4, as the hub of the 17-acre West End District. It will start having a “soft rolling opening” starting Aug. 14, but “we’re not going to have an opening to the ...

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Ashley Furniture to invest $22 million, add 130 jobs

Ashley Furniture Industries, Inc. is expanding operations at its facilities in Verona and Saltillo in Lee County. The expansions represent a corporate investment of $22 million and will create 130 jobs across the two facilities. The company plans to fill the 130 positions by the spring. Ashley Furniture employs more than 3,000 workers across its four north Mississippi locations in ...

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Cracchiolo Spain appointed as president of Coastal Mississippi Board of Commissioners

Coastal Mississippi has announced its board of commissioners for fiscal year 2021. Mary Cracchiolo Spain will serve as president, leading fellow Coastal Mississippi commissioners, who are charged with overseeing the promotion of the tri-county region as a tourism and convention destination worldwide. The mission of Coastal Mississippi centers on attracting ever-increasing numbers of leisure, convention, sports and business visitors to ...

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Amazon buys 69 acres at Madison County Mega Site

Amazon has purchased 69 acres in Madison County, according to a published report. The acreage purchase follows two expansions by the giant distributor in the past two years in Mississippi. On Wednesday, Amazon was already doing site preparation, according to The Madison County Journal, which broke the story. Madison County Economic Development Authority Executive Director Joseph Deason told The Journal ...

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2nd quarter outlook for 2020 economy in state takes a definite upswing, URC says

By JACK WEATHERLY Mississippi’s economy is responding positively to the loosening of coronavirus pandemic restrictions The outlook issued recently by the University Research Center (URC) of the Mississippi Institutions of Higher Learning calls for the gross domestic product (GDP) to contract 4.1 percent in 2020. The GDP is the total monetary value of goods and services produced. But how is ...

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For small town Mississippi, the pandemic could not have come at a worse time

By NASH NUNNERY Since the arrival of the virus in March and the subsequent shutdown of downtowns, COVID-19 has complicated the task of keeping many of those communities vibrant and reversing a downturn in population and economic stability. An April survey of 149 Mississippi small business owners by Main Street America indicated that 62 percent of those businesses were at ...

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Toyota Mississippi’s Suggs takes on additional corporate role

By DENNIS SEID / Daily Journal BLUE SPRINGS – Sean Suggs, president of Toyota Mississippi will be adding another corporate responsibility. Starting Sept. 1, he’ll be assigned as group vice president, chief social innovation officer for Toyota Motor North America TMNA. He’ll remain as Toyota Mississippi president. In his new role, Suggs is responsible for TMNA’s philanthropic efforts, the Toyota ...

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Call of water, road fueling sales of boats and RV’s

By JACK WEATHERLY It’s too much of a good thing in a bad situation. Sales of recreational vehicles and boats have hit records across the nation and Mississippi. That came after the first coronavirus lockdown and then the lifting of it. People had been isolated in their homes and naturally wanted to get free. Nothing like taking a camper or ...

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