Dennis Seid

Dennis Seid

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Stories Written by Dennis Seid

By Dennis Seid Daily Journal Winding down its liquidation, Hancock Fabrics has sold its intellectual property assets for $1.325 million in cash. The auction was held last week, with Admaco Inc. selected as the successful bidder. Hancock, which in February filed for Chapter 11 bankruptcy protection and announced the initial closure of 70 stores, subsequently […]

By Dennis Seid Daily Journal BLUE SPRINGS – While being named vice president of administration at Toyota Mississippi was an unexpected role for Mike Botkin, the veteran automotive executive also saw it as a great opportunity. “I’ve been put in charge of areas I haven’t had in the past – human resources and cost management,” […]

The decision by British voters to leave the European Union, known as BREXIT, ends a relationship started in 1973. The entirety of the United Kingdom didn’t necessarily want it that way. For example, 62 percent of Scottish voters opted to stay. “The vote here makes clear that the people of Scotland see their future as […]

  By Dennis Seid Daily Journal TUPELO – An overnight fire at Custom Engineered Wheels has been ruled an accident, but it potentially has caused millions of dollars in damage. The Tupelo Fire Department received a call at 9:48 p.m. Thursday to fight the fire at the 36,000-square-foot plant on North Eason Boulevard. Fourteen workers […]

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.bizbuzz.djournal.com. ––––– By Dennis Seid Daily Journal Pet retailer Petco has filed plans to open a location in Tupelo. It will be located between Kirkland’s and Don Julio’s Mexican Restaurant in the […]

The presumptive GOP nominee for president, Donald J. Trump, has said he doesn’t care about getting into a trade war with China – or anybody else, for that matter. Trump, who “hears” a lot of things, says, “Since China joined the WTO, Americans have witnessed the closure of more than 50,000 factories and the loss […]

By Dennis Seid Daily Journal TUPELO – The building at the corner of Main and Spring streets has long been Traci Lewis’ favorite. When the building’s previous owner, Mike Gillentine, decided to sell it, he knew who to ask first. “He said, ‘I know you love this building, and I want somebody who loves it […]

By Dennis Seid Daily Journal IUKA – Six months after choosing a spot at Yellow Creek Port for its first manufacturing site outside of Germany, executives with Hago Automotive lobbed plenty of praise at state and local officials. “We know we made the right decision,” said Rainer Hack, a managing partner of the Kussaberg, Germany-based […]

By Dennis Seid Daily Journal TUPELO – Matt and Preston Wiley get along as well as any brothers can who have to work together. The Wileys own, manage and work at Comfort Engineering, which celebrates its 80th birthday next month. “It’s not bad,” Preston said about sharing work time with his older brother. “We get […]

When Contour Airlines said it would do whatever it takes to provide air service in Tupelo, it would be fair to say they were met with some fair bit of skepticism, a roll of the eyes. “Here we go again,” many thought. For good reason, though. After all, we had heard the same before from […]