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Economic Development

Union County has big plans for industrial park development

By DENNIS SEID / Daily Journal NEW ALBANY • In an effort to recruit additional business and industry to Union County, city and county leaders, with the help of a private investment group, are building a 100,000-square-foot spec building in the Martintown South Industrial Park. The county, which has the third-lowest unemployment rate in the state at 3.8 percent, has ...

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Mississippi sales tax holiday begins, includes school items

Mississippi’s annual sales tax holiday starts Friday and runs through midnight Saturday. For the first time, in addition to clothing, the state won’t be charging its 7% sales tax on school supplies. That includes backpacks, lunchboxes, calculators and textbooks in addition to pencils, pens, paper, scissors and crayons. Like with clothing and footwear that were previously part of the holiday ...

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Cotton House hotel opens in Cleveland

By JACK WEATHERLY The Cotton House will hum and speak the language of the South on this, the first, weekend for the luxury hotel in downtown Cleveland. The Mississippi Writers Guild will hold a conference at the Grammy Museum Mississippi, one of several groups that will draw people to Cleveland with its 95-guestroom hotel. That will give the hotel a ...

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DMR: The fish are ok to eat but the beaches remain closed

By JACK WEATHERLY It’s okay to eat seafood from the Mississippi Sound. That statement to the Mississippi Business Journal by the Mississippi Department of Marine Resources (DMR) is the first good news that the coastal counties have had this summer. Another agency, the state Department of Environmental Quality (DEQ), closed all 21 beaches, starting with some in late June to ...

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CBL Properties completes sale of The Forum at Grandview in Madison for $31.75 million

CBL Properties on Tuesday announced that it has closed on the sale of The Forum at Grandview, a 216,000-square-foot shopping center in Madison. The center was sold to Hendon Properties for $31.75 million, all cash. Proceeds from the sale were used to reduce outstanding balances on the Company’s line of credit. “The sale of The Forum at Grandview is an ...

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Mississippi sales tax holiday includes school supplies

Mississippi will soon have its annual sales tax holiday but this year there’s more to celebrate. News outlets report school supplies are officially on the tax exemption list for the holiday, which is on July 26 and 27. All clothing, footwear and school supplies under $100 can be purchased minus the 7% state sales tax. Sen. Chuck Younger co-authored the ...

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Changes in store as expansion, renovation on horizon for Tupelo’s BancorpSouth Arena

By W. DEREK RUSSELL / Daily Journal TUPELO • It’s been more than 25 years since the BancorpSouth Arena opened its doors to the public, and soon, those doors will open a little wider. Plans have been underway for some time for the entertainment venue to stretch its legs, but with the project going out for bids in mere weeks – ...

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Entrepreneurs offer advice for those looking to follow their footsteps

By DENNIS SEID / Daily Journal TUPELO • Since 2006, the Renasant Center for IDEAs has served as a business incubator for dozens of up-and-coming businesses. Among the highly successful “graduates” are Hyperion Technology and Mabus Agency, which have grown and expanded their businesses over the years. Shirley Hendrix of R&B Specialty Printing and Letisha Jackson of Jackson Insurance Group have each been at ...

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Marshalls to open July 25 in Corinth

By JOSH MITCHELL / Corinth Today The long-awaited Marshalls store will open this month in the Harper Square Mall in Corinth. Marshalls will open its Corinth store on July 25, which is just two weeks away, the company announced Thursday. “Our newest store in Corinth will offer an ever-changing selection of high-quality, on-trend, and brand-name merchandise at the amazing prices ...

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Mississippi ranked high in states with student loan debts, ranked low for millennials

By DANNY McARTHUR Mississippi may be one of the hardest states for millennials and student loan debt may play a role, according to two studies from personal finance website WalletHub. Mississippi is among one of the worst states for people with student loan debt, according to a July 2019 study from WalletHub. Mississippi ranked 7th overall in most student debt. According to the website, the ...

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