President Donald Trump’s proposed budget includes the elimination of key economic development agencies, including the Appalachian Regional Commission, which has played a vital part in many projects in Mississippi. While there is no doubt that government can be leaner and more efficient, the work of the ARC cannot be overlooked. The ARC was created in […]

A little more than a decade ago, Mississippi had never produced a commercial vehicle. Today, about 4 million vehicles assembled in the state are on the road around the world, and production is showing no signs of slowing. For Mississippians, more significant than production milestones are the contributions Toyota and Nissan have made to the […]

Q. One of my relatives just graduated from college with $20,000 in student loan debt. Her boyfriend graduated, too, and he has over $100,000 in student loan debt. They want to get married, so she’s looking for a job. He wants to go to graduate school, and take out more loans to remain a full-time […]

Daily Journal Furniture industry supplier Leggett & Platt said Thursday it has expanded its Super Sagless operations in Tupelo, investing in new manufacturing equipment for motion furniture. The expansion doesn’t add new jobs, but L&P said the move helped retain the current workforce at 274. “I appreciate the Leggett & Platt team for choosing to […]

By Dennis Seid Daily Journal TUPELO – The U.S. furniture industry, particularly the upholstered furniture segment that’s anchored in Northeast Mississippi, is only now getting started in its recovery from the Great Recession. So said Jerry Epperson, a veteran industry observer and analyst with more than 30 years of experience. “While the overall economic recovery […]

By Anne D’Innocenzio and Hannah Weikel Associated Press NEW YORK – Sears, a back-to-school shopping destination for generations of kids and the place newlyweds went to choose appliances, has said that after years of losing money that there is “substantial doubt” it will be able to keep its doors open. It’s a dramatic acknowledgment from […]

Daily Journal TUPELO – A State of Economic Development meeting will be held today from 11:30 a.m. to 1 p.m at the BancorpSouth Conference Center. The meeting will center around the “Pulse of the furniture industry,” something Northeast Mississippi knows a little bit about. The keynote speaker is Jerry Epperson, of Mann, Armistead & Epperson, […]

Daily Journal TUPELO – Universal Asset Management, the Memphis-based aircraft recycling, parts and repair company which has disassembling operations in Tupelo and a warehouse in Verona, has a new owner. Hong Kong-based Aircraft Recycling International Ltd., a unit of China Aircraft Leasing Group Holdings Ltd., bought a 100-percent stake in UAM. Christina Ng, deputy CEO […]

Daily Journal CORINTH – Electronic manufacturing service provider KeyTronicEMS is expanding, investing $500,000 and adding 75 full-time jobs. MDA is giving $350,000, with Alcorn County providing a 10-percent match, for building improvements. The county also will provide some property tax breaks. The job additions will be done over three years. The company now employs about […]