Home » NEWS » Manufacturing (page 19)

Manufacturing

Hancock Fabrics stores to close by July 31

TUPELO — The liquidation of Hancock Fabrics is expected to be completed by July 31. That’s according to a filing with the Securities and Exchange Commission on Monday. Great American Group of California is conducting the sale of merchandise — along with furniture, trade fixtures and equipment – at the company’s remaining 185 stores. Last Thursday, Great American’s bid for ...

Read More »

Reed’s Metals hires Garcia

Reed’s Metals, metal roofing and metal building manufacturer in Brookhaven, recently hired Carlos Garcia to direct its Finance Department. Garcia, a native of Wesson, has variety of experience and graduated from the University of Mississippi with his degree in Accounting in 2006. Garcia, who has been in banking for five years, is charged with developing new financial procedures for the ...

Read More »

Nissan March US sales rise 13 percent to break record

Nissan’s March sales rose 13 percent to hit a record for any month in its history, a strong sign that U.S. auto sales are continuing to grow despite predictions that they have peaked. The Japanese automaker says it sold 163,559 Nissan and Infiniti models last month, led by the Rogue small SUV. Rogue sales rose 1 percent to nearly 28,000, ...

Read More »

Ingalls gets $618 million Navy destroyer contract

PASCAGOULA — Huntington Ingalls Industries has received a $618 million contract modification to fund the construction of a new guided-missile destroyer for the U.S. Navy. The Sun Herald reports the Arleigh Burke-class guided missile destroyer is the fourth of five destroyers Ingalls is slated to build as part of a multi-year contract awarded in June 2013. Spokesman Bill Glenn says ...

Read More »

MDA reveals clawbacks on TopShip deal

The Mississippi Development Authority has released to the Mississippi Business Journal the “clawbacks” that TopShip LLC agreed to for state funding and other considerations. The company, which will manufacture boats to service the offshore oil industry at the Port of Gulfport, promised to invest $68 million and create 1,000 jobs. In return, the MDA and the State Port Authority agreed ...

Read More »

VIP promotes Fennell

John Fennell has been promoted to Senior Vice President of Sales at VIP, the world’s largest manufacturer of premium cinema seating. A 15-year veteran of the cinema seating industry, Fennell joined the company in January 2014, relocating from San Diego, California where he served in sales for Seating Concepts. Over the past two years, VIP’s growth in sales has been ...

Read More »

Ingalls Shipbuilding successfully tests John Murtha

PASCAGOULA — Huntington Ingalls Industries’ 10th San Antonio-class amphibious transport dock, John P. Murtha, spent four days in the Gulf of Mexico last week with Ingalls’ test and trials team operating the ship and performing more than 200 test events. The Sun Herald reports the ship was built at HII’s Ingalls Shipbuilding division in Pascagoula. Major evolutions during builder’s trials ...

Read More »

Furniture market growing in last year

By LISA MONTI When American Furniture officials announced in December the company had expanded its footprint in Mississippi by locating manufacturing operations in Amory, state leaders took the $560,000 investment in Monroe County as a good sign. The company also has manufacturing operations in Ecru. “Mississippi’s furniture manufacturing industry has experienced significant growth over the past year, and American Furniture’s expansion ...

Read More »

Mattress maker to invest $1.4M and hire 50 in Lowndes County

MAYHEW — A maker and online seller of mattresses and bedding products will open a factory in Lowndes County, with plans to hire 50 people over the next three years. Sleepmade will invest $1.4 million, leasing 50,000 square feet of the At Home with Bassett facility. The Mississippi Development Authority will give $75,000 for building improvements, while Lowndes County is ...

Read More »