Jet recycler will create 100 jobs in Tupelo

By Carlie Kollath/NEMS Daily Journal

TUPELO – A jet recycler plans to hire 100 employees for its new Tupelo location, the company announced Saturday.
Memphis-based Universal Asset Management started its Mississippi journey with gusto, flying in a Boeing 747 before officially announcing it is moving its disassembly and warehousing operations from Arkansas to Tupelo.
The 100 jobs will be added during the next three years. The average salary is $45,000.
The company starts hiring Monday, said Keri Wright, chief operating officer of UAM.
Wright said people can apply by emailing a resume to
UAM will start disassembling and recycling the 747 on Monday. Ninety percent of the plane will be recycled, Wright said.
The plane’s avionics, engines and auxiliary power system already have been sold, said David Rumbarger, president and CEO of the Community Development Foundation.
The aluminum will be recycled into items such as soda cans. Even the carpet will be reused as padding in UAM’s shipments, Wright said.
“We are focused on having a green, environmentally friendly business,” Wright said. “We take pride in the fact that we recycle.”
Japanese Airlines previously used the plane for passenger flights.
Pilots flew it from Japan starting Friday, with a stop in Anchorage, and touched down around 5 p.m. Saturday in front of an applauding crowd in Tupelo.

Contact business reporter Carlie Kollath at (662) 678-1598 or

Click here for more at Biz Buzz blog.

Read more in Sunday’s NEMS Daily Journal newspaper.