Author Archives: Colin Krieger

Yokohama Reports Significant Job Growth at West Point Facility

Yokohama Reports Significant Job Growth at West Point Facility

Stacey Perusse, senior human resources manager for Yokohama Tire Corporation’s West Point plant (Photo by: Alex Holloway/Dispatch Staff)

WEST POINT – Courtesy of The Dispatch

Yokohama Tire Corporation’s West Point plant opened in fall 2015. They have reported that they are “continually” hiring new employees, bringing the current total to over 650, despite having been here for only about three years. Senior Human Resources Manager Stacey Perussespoke to the Rotary Club recently: “About a year ago, we were right around 500 (employees),” she said. “We actually had a job fair here in Starkville last August and we had over 700 people come.” She reports that they hire about fifteen new people every Monday, and that they’re always looking for new talent; they start employees at $14.50/hr, with semiannual pay raises for the first six years.

Golden Triangle Development LINK CEO Joe Max Higgins said, “We’re pleased with Yokohama’s progress thus far,” Higgins said. “They have already exceeded all of their obligations for phase one, including employing more than 500 people and investing more than $300 million.”

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Cadence Bank and State Bank FC to Merge

Cadence Bank and State Bank FC to Merge

Courtesy of The Dispatch

Cadence Bancorporation has announced that they will be merging with State Bank Financial Corporation, in a deal valued at roughly $1.4 billion. Cadence’s press release stated that the merger will create a regional bank organization with about 100 branches in Alabama, Georgia, Florida, Mississippi, Tennessee and Texas. Cadence shareholders will own about 2/3 of the combined company, while SB shareholders will own the remainder.

Cadence Bancorporation Chairman and CEO Paul B. Murphy Jr. expressed his enthusiasm: “We are excited to announce that two great companies are joining forces. State Bank is an impressive organization with talented, experienced and customer-centered bankers,” Murphy said. “When we went public a year ago, we said we wanted to be active with (mergers and acquisitions). We said we would be selective and that we were looking for a gem . . . We found a gem with State Bank. I believe this is going to be an outstanding combination,” he added. ” I see it as a joint win for both company’s shareholders, customers, employees and the communities we serve.”

Tome Willey, vice chairman of the State Bank board, will move to Cadence. “We are excited to be partnering with Cadence,” Evans said in a statement. “From this incredible combination of talents and resources will emerge a truly exceptional bank that will be a formidable competitor in the dynamic markets we serve.”

 

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Planned Starkville Subdivision Seeking Roadway Variances

Planned Starkville Subdivision Seeking Roadway Variances

STARKVILLE – Courtesy of The Dispatch

John Tomlinson – Courtesy of The Dispatch

Starkville developer John Tomlinson is bringing the City a pair of variance requests for a proposed estate subdivision on the south side of Highway 182; the planned location will be between Long Lake and the Stark Road-Hwy 182 intersection. The planned variances are intended to allow for a sidewalk along Hwy 182 on the property’s northern edge, and an internal road with a walking path within the subdivision itself. No rezoning would be required.

Tomlinson stated that he would like to build the subdivision for 15 lots on about 22 acres of land.  “What we’re trying to do is replicate what’s on the east side, on Tally Ho Road,” he said. “We’re looking at the same type of road and construction. We think it’s got good topography. It’s got some good sight lines and lake view lines. That’s what we’re shooting for… We’d like the road to be narrow with no curb and gutter unless that’s what the engineer says that’s what we need,” Tomlinson later added. “We’re going to follow good environmental practices. We just don’t want to have to widen the road. We want to maintain the character of the site itself, as much as we can.”

Proposed subdivision overview (Courtesy of The Dispatch)

“I’m not in this to get rich, but I am in it to have a good place to retire,” Tomlinson went on to say. “If the city and planning folks will bear with us, I think it will be something Starkville can be proud of.”

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First Steps Toward Sandfield Re-Development Taken

First Steps Toward Sandfield Re-Development Taken

COLUMBUS – Courtesy of The Dispatch

Local developer Jabari Edwards, a Sandfield native, recently had the opportunity to take a good, hard look at his old stomping grounds. What he saw motivated him to do something about the urban blight and other issues that had brought the area to its current state. Thus, he decided to do something about it; “…I just thought to myself, ‘This isn’t the Sandfield I grew up in,'” Edwards said.

Jabari Edwards (photo courtesy of The Dispatch)

He is working with the Carl Small Town Center at Mississippi State to come up with a comprehensive plan for redeveloping Sandfield, from 15th Street North to Martin Luther King Jr. Drive. “We’re taking a holistic approach looking at overall well-being,” Edwards said. “What does it do for crime in the area, for kids going to school and for our employment base? … For me, this is a labor of love because this is my community,” he added. “No matter where I go, Sandfield will always be a part of me.”

A first, tangible step has already been taken – a former housing development on the corner of Martin Luther King and College Street was destroyed in a controlled burn session by the local Fire Department in a training exercise. This makes it just one of fifteen or so such controlled burns conducted in the last twelve months. Conducting these training exercises has the added benefit of helping the local FD to maintain its certifications, a notable contributor towards lowering home insurance rates.

After the dust settled, groundbreaking work was immediately begun on a dozen single-family homes that will be sold for prices ranging from about $100,000~120,000 each. This pricing structure, which will include both rent-to-own and traditional home sales, will also allow homebuyers (especially first-timers) to qualify for financial aid via Mississippi Home Corps, HUD, and other agencies. The hope is that the homes will all be ready within the next nine to twelve months, and will be simply the first step toward improving the area for residents old and new.

“We’re all trying to beautify the community and draw people here,” Fire Chief Martin Andrews said. “If we can do it legally and the right way, we try to help with new developments because they add value to the community and we need the training opportunities. So it’s a win-win.”

“These [blighted] properties were an eyesore in a main thoroughfare of the community,” Mayor Robert Smith commented. “… Everybody needs a nice place to live, and quality of life is important regardless of income. These will be nice homes that will enhance the neighborhood, and they should also reduce crime because when you remove blight, you remove a lot of the places where your criminals hang out. …We would hope whoever buys these homes (once they are completed in Sandfield) will take pride in their home and their neighborhood.”

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Lee Middle Redevelopment May Be Coming to Life Soon

Columbus Redevelopment Authority on Wednesday released possible future plans for the Lee Middle School property.

An anonymous developer purchased an option on the 15-acre site in November, and he plans to preserve most of the original school’s 1950s-era structure for reuse. He also intends to reuse and enhance as much of the remainder as possible “with the enhancement of Lee High School in mind,” the press release said. The second phase includes the construction of new buildings, making up a mixture of commercial retail and apartments.

John Acker – courtesy of the Dispatch

The city Board of Adjustments and Appeals will soon take into consideration the CRA’s request to change the property’s zoning from R-1 (single-family residential) to C-1 (neighborhood commercial).

During Phase 1 of the proposed re-development, which is estimated to cost between $3 and 5 million, the following changes are planned: Converting the existing cafeteria into a 16,000 sq.ft. restaurant or banquet space; a 24,000 sq.ft. multi-use venue/community center in the auditorium; and converting the gym into a 22,000 sq.ft. free-standing retail space. There are also plane to implement an apartment complex in the existing classroom buildings. Phase 1 is expected to be completed by January 2020.

Phase 2 would see a 4,000 sq.ft. restaurant in place of the front lawn and gym parking lot. Also, there are plans for a 90~100,000 sq.ft. mixed-use commercial space, to include both retail and residential areas. That phase is expected to cost $10 million.

The intention is that the plan will supply 50 to 100 construction jobs, 70 restaurant jobs, 40 to 80 free-standing retail space jobs, five to eight venue and apartment management jobs, and 25 to 30 part-time venue event jobs.

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Columbus’ Rite Aid on Hwy 45 Closing Its Doors

Columbus’ Rite Aid on Hwy 45 Closing Its Doors

COLUMBUS – Courtesy of The Dispatch

The Rite Aid Pharmacy on Highway 45 will close later this month after Walgreens bought more than 1,900 Rite Aid stores nationwide. All prescription accounts locally have already been transferred to the Columbus Walgreens. Photo by: Slim Smith/Dispatch Staff

The local Rite Aid Pharmacy at 1800 Hwy 45 recently announced that they will be shutting down this month, pursuant to a deal worked out between their company and Walgreens’. Any prescriptions customers have there have already been transferred to the neighboring Walgreens, and the store will be liquidating its remaining stock until May 18th, or until stock runs out, whichever happens first, according to an anonymous employee.

Nationwide, Walgreens has agreed to purchase 1,932 stores and three distribution centers from Rite Aid for nearly $4.4 billion.

The property is being marketed by SRS Real Estate Partners in Birmingham, Alabama.

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Tronox’ Flagship Plant Celebrates 60th Anniversary

Tronox’ Flagship Plant Celebrates 60th Anniversary

HAMILTON, MS – Courtesy of the Monroe Journal

Tronox (formerly Kerr-McGee) recently noted its 60th anniversary with a gala celebration at its main titanium dioxide plant in Hamilton, bringing together many of its 427 employees, 150 contractors, retirees, local dignitaries, and company leaders.

“In many ways, our company was sort of born in Oklahoma City with the Kerr-McGee legacy. In truth, the heart of our company is here in Hamilton, and it’s really ironic and sweet to think about how full-circle our company has come,” said Tronox President and Chief Executive Officer Jeffry Quinn. He went on to state his confidence in the company’s continued great success, saying that  “The history here is very rich. The pride that’s been accomplished is real, and the excitement about the future is clearly discernable.”

“Without you, we wouldn’t be able to celebrate a 60th anniversary in Hamilton,” said Tronox Chief Operating Officer Jean-Francois Turgeon. “You have created that presence that’s leading today. Without the past and without the effort of the past, we wouldn’t be here in the present. It’s obviously our job as leaders is to create the future for Hamilton.”

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Sunsations of Starkville Remodeling, Becoming Golden Glow

Sunsations of Starkville Remodeling, Becoming Golden Glow

STARKVILLE – From a PRESS RELEASE Courtesy of Golden Glow Salon

Starkville’s Sunsations tanning salon will be undergoing extensive renovations during the next month as they transition to becoming Golden Glow Tanning Salon! The store wil be changing to better match their Columbus location, in order to better serve all of their existing customers. Once the changeover is complete, customers will be able to utilize service packages purchased at either store in both stores.

You can find them on FaceBook here.

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Peco Foods to Bring $40M Warehouse, 300 Jobs to West Point

Peco Foods to Bring $40M Warehouse, 300 Jobs to West Point

WEST POINT, Miss. (Excerpt/Edited PRESS RELEASE) –Courtesy of WCBI

Peco Foods CEO Mark Hickman announced today that the company is locating in the existing 185,000-square-foot cold-storage warehouse formerly occupied by AmeriCold in West Point. The Tusaloosa, AL-based company is planning to spend $40 million to construct the facility, and anticipates that it will create three hundred local jobs as a result.

“The addition of the West Point facility to the Peco Foods’ portfolio and the creation of so many new jobs for the people of the Golden Triangle Region demonstrate how existing companies in our state benefit from our productive workforce and prime location in the fastest growing region of the U.S.,” Gov. Phil Bryant said.

“It’s exciting to welcome more jobs to the West Point area,” said Mayor Robbie Robinson. “This company is providing jobs in a sector we’re familiar with, in a more advanced environment, with a high rate of pay for our citizens. It’s a great opportunity.”

Peco Foods has more than 6,000 employees and six state-of-the-art poultry complexes in Alabama, Mississippi, and Arkansas which supply a broad range of products and services to national restaurant chains, regional food service distributors and retail grocers, as well as international accounts.

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Weekend Sports Tournaments Expected to Draw Large Crowds

Weekend Soccer & Tennis Tourneys Expected to Draw Large Crowds

COLUMBUS – Courtesy of The Dispatch

Columbus Convention and Visitors Bureau Executive Director Nancy Carpenter reports that “Every hotel room is sold out in Columbus,” in anticipation of this weekend’s soccer and tennis tournaments. Over five thousand vistitors are expected to come to town for the soccer tourney alone. The Admiral Cup Soccer Tournament will begin Saturday at 8 AM, and will continue throughout the weekend on fields at Columbus High School, Joe Cook Elementary and the Lowndes County Soccer Complex.

Greg Lewis, CRA Director

“Any time that we can bring that many people into our city that have to spend the night, stay in our hotels, they have to purchase our food, they have to buy our gas, that’s a tremendous plus for the city of Columbus,” said Greg Lewis, director of the Columbus Recreation Authority. “And that’s really one of the reasons that we bid on the tournament, to make sure that we get people to come into our town.”

About 450 players are expected for the weekend’s Mississippi Over 65 USTA League Championship tennis tournament at the Magnolia Tennis Club; anywhere from another 1~2,000 visitors are expected to come in tow or just to watch.

Both of these events are packing GTR hotels to their limits, and this also means more business at gas stations, grocery stores, local restaurants, and more! And THAT’S Good for Business!

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