Business

Tupelo area #5 micropolitan in U.S. for economic development

The Tupelo area was recently ranked the number 5 business micropolitan in the U.S. by Site Selection magazine. The Atlanta-based publication focuses on corporate real estate and economic development. This marks the eighth time since 2005 Tupelo has finished in the top 10.

In 2016 alone, Tupelo announced 10 new industries moving to the area: General Atomics, AIA Countertops and Southern Motion, among others. These projects created more than $61 million in new capital investment and at least 869 new jobs.

According to Lee County Board of Supervisors President Phil Morgan: “The success of 2016 is yet another step in Tupelo/Lee County’s long-term strategy for economic growth. Through our partnerships with the Mississippi Development Authority, Tennessee Valley Authority and other economic development officials – we will continue to maintain our momentum in 2017. Our focus on the further development of our industrial parks, including the construction of Lee County’s third, 100,000-square-foot shell building, will remain a top priority.”

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