Nearly 10 years have passed since Toyota Motor Corp. announced it would build an automobile manufacturing plant on what had been a 1,700-acre tract of rolling hills and valleys. Within months, that site was flattened and filled, and while it took a little longer than expected thanks to a worldwide recession that put the plant […]

Q. We just started following your plan, and we have $39,000 in debt. We make $55,000 a year, and two of our smaller debts – one car and a credit card – are both $7,500. The credit card has a higher interest rate, so my wife thinks we should pay it off first. I look […]

By Linda Breazeale Mississippi State University STARKVILLE – Poultry remains Mississippi’s top agricultural commodity with an estimated value of $2.9 billion, and it shows no signs of slowing down in 2017. Forestry comes in a distant second with total farm-gate value of $1.4 billion, according to 2016 estimates. Mississippi State University Extension Service economists just […]

Daily Journal TUPELO – Renasant Corp., the parent company of Renasant Bank, says it’s likely to raise $75 million by selling new shares to investors. Renasant said Wednesday it will sell 1.9 million new shares at $41.50 per share. After paying underwriting firms $3.5 million, the bank expects to net $75 million. Renasant says the […]

By Dennis Seid Daily Journal BLUE SPRINGS – Toyota Mississippi is celebrating its 10th anniversary next year, but the executive that oversaw the start of production won’t be there to celebrate. Masafumi Hamaguchi, the president of Toyota Mississippi since August 2010, is returning to Toyota Motor Corp. in Japan. Traditionally, Toyota officials rotate shifts every […]

This is a regular feature containing business news from Daily Journal Business Editor Dennis Seid’s Biz Buzz blog, which can be found at www.djournal.com/bizbuzz. ––––– By Dennis Seid Daily Journal TUPELO – Construction plans have been filed for Event Zona, a family entertainment center that will open sometime early next year and feature bowling, laser […]

BankPlus is building a 2,700-square-foot branch office at the intersection of West Main Street and Cliff Gookin Boulevard in Tupelo. It will be the bank’s second location in the city. A third office will be built on North Gloster Street at the Tupelo Crossroads retail development. (Courtesy)

By Dennis Seid Daily Journal TUPELO – After opening its first office in downtown Tupelo last year, BankPlus is adding two more offices in 2017. Site work has started on the bank’s second branch at the corner of West Main Street and Cliff Gookin Boulevard. The glass-and-stone building will cover 2,700 square feet and will […]

By Dennis Seid Daily Journal TUPELO – The familiar red roof and sign at the Bonanza restaurant on South Gloster Street have been a welcome sight for more than 40 years to diners, many of whom have gotten into a familiar and comfortable routine. For example, if Albert Fears isn’t on the grill cooking a […]

“Reshoring” has been a buzzword in manufacturing of late, perhaps gaining more momentum with the election of Donald Trump as president. Trump, as we’ve heard, has threatened to punish companies that send jobs overseas. Last week,Carrier announced – with Trump in attendance – that it would keep about 800 union and supervisor jobs from being […]