Press Releases

Media Information

Hot off the press!

Questions? Contact Maddin Hutto at 662-842-4521

Welcome to The Community Development Foundation Media and Press Release page. If you are a member of the media, please contact us and ask to be placed on our Media Contact list.

Each Press Conference and Press Event will include a press packet with printed and digital media in it for your use. Below you will find a listing of recent press releases. Please select one for more information and a corresponding downloadable PDF of each announcement. If you have any other questions about a press event, please contact Maddin Hutto at 662.842.4521, fax at 662.841.0693 or email her at mhutto@cdfms.org

Virtual Annual Meeting

05/01/2020

Tupelo, Miss. (May 1, 2020) – With social distancing still in effect, the Community Development Foundation (CDF) will virtually host its annual meeting this year via social media. Typically held the first Thursday in May, CDF’s annual meeting and open house event has historically been an opportunity for all CDF members to gather and enjoy an evening of food and fellowship while networking with other members. The annual meeting portion of the event is required per the by-laws of CDF as it officially marks the passing of the gavel from the outgoing CDF board of directors’ chairman to the incoming chairman. It is also the time when the new CDF board of directors is announced, and accomplishments of the past year are reviewed.

To CDF Members

03/13/2020

The health and wellbeing of CDF members and businesses are of the utmost importance. CDF is committed to promoting a positive business climate in Tupelo-Lee County. As the Coronavirus (COVID-19) continues to spread, we encourage businesses to utilize the resources linked below to help develop plans to address this issue and keep employees healthy.

For New and Expanded Facilities

03/02/2020

Tupelo, Miss. (March 2, 2020)- The Tupelo region has been named to Site Selection magazine’s list of most active micropolitan areas for new and expanding facilities in 2019. Tupelo ranked second in the nation among the 551 micropolitan areas designated by the United States Office of Management and Budget. Since 2005, this is the eleventh time the Tupelo region has been named to the list. Site Selection also named Tupelo as Mississippi’s Micropolitan of the Decade, finishing inside the top 10 for the seventh year in a row.

Adding 90 Jobs and 4.1 Million in Investment

01/28/2020

Tupelo, Miss. (Jan. 28, 2020) – Polyurethane foam manufacturer Innocor is increasing production at its two facilities in Baldwyn. The expansion marks a $4.1 million corporate investment and will create 90 jobs.

WWW.IGNITELEADERSHIP.COM

01/17/2020

A sold-out crowd with 720 tickets distributed, community leaders from all over Mississippi and parts of Alabama, Tennessee and Texas, gathered at The Orchard today to attend the Community Development Foundation’s (CDF) one-day leadership conference, IGNITE.

Looking Back at the Past Decade

01/12/2020

Success in economic development is the goal of every community and it comes from well thought out strategy and purposeful execution. The Community Development Foundation (CDF) has spent the past decade developing infrastructure, land, buildings and people in order to reach success and growth for Tupelo/Lee County.

Partnership for CDF Member Employees

08/23/2019

Employees of Community Development Foundation member organizations now have more reason than ever to think about enrolling at the University of Mississippi’s Tupelo campus.  CDF and Ole Miss announced Friday a scholarship partnership that would provide additional financial aid for those individuals seeking to begin or continue their education.

Creating 100 Jobs

08/22/2019

Tupelo, Miss. (Aug. 22, 2019) –BancorpSouth Bank (NYSE: BXS) is increasing capacity at its Jackson Street Campus in Tupelo to accommodate the company’s rapid growth. The project, a more than $15-million corporate investment, will create 100 jobs.

Middle College is Established

08/02/2019

Beginning in May of 2021, Tupelo, Mississippi, will be graduating high school seniors that will also have completed a two year Associates College degree.  In conjunction with the Marchbanks Tuition Guarantee program and this new Middle College opportunity, the talent in Tupelo, Mississippi, will be set apart and ready for the opportunities of the future.

Creating 25 Jobs

05/07/2019

Tupelo, Miss. (May 7, 2019) – Engineering services company, Hyperion Technology Group, Inc., is expanding operations in Tupelo and making a corporate investment of $500,000 that will create 25 jobs.  “We are excited about Hyperion’s expansion and the continued growth of this local company. These high-paying, high-tech jobs will be a great boost for our local economy,” said Tupelo Mayor Jason Shelton.

Electromagnetic Systems Adding 75 Jobs in Shannon

03/26/2019

General Atomics Electromagnetic Systems is increasing its manufacturing capacity in Shannon to accommodate the addition of a new product line. The project is a $50-million corporate investment and will create 75 jobs over five years. The expansion was announced during the 2019 International Homeland Defense and Security Summit Gov. Phil Bryant is hosting in Biloxi.

For New And Expanded Industries

03/04/2019

The Tupelo region has been named to Site Selection magazine’s list of most active micropolitan areas for new and existing industries in 2018. Tupelo ranked fifth in the nation among the 575-micropolitan areas designated by the United States Census Bureau. Since 2005, this is the tenth time the Tupelo region has been named to the list.

Ignite Leadership Conference

02/11/2019

Tupelo, Miss. (Jan. 17, 2019)– A sold out crowd of over 700 community leaders from all over Mississippi and parts of Alabama and Tennessee, gathered at the Orchard today to attend the Community Development Foundation’s (CDF) one-day leadership summit, IGNITE. 

Sutter Street Manufacturing Creating 350 Jobs

12/06/2018

Sutter Street Manufacturing, a wholly-owned subsidiary of specialty home furnishings retailer Williams-Sonoma, Inc., is expanding its upholstered furniture manufacturing operations by opening a facility in Baldwyn, Miss., in Lee County. The project will result in the creation of 350 jobs over five years..