300 jobs will come to Olive Branch - Action News 5 - Memphis, Tennessee

300 jobs will come to Olive Branch

Posted: Updated:
  • News on WMCTV.comNewsMore>>

  • Free Easter events in the Mid-South

    Free Easter events in the Mid-South

    Friday, April 18 2014 5:14 PM EDT2014-04-18 21:14:36 GMT
    (WMC-TV) – Mid-Southerners don't have to look far to find something fun to do this Easter weekend. WMC Action News 5's Lindsey Brown has the scoop on some free events to help you get outside and enjoyMore >>
    Mid-Southerners don't have to look far to find something fun to do this Easter weekend. WMC Action News 5's Lindsey Brown has the scoop on some free events to help you get outside and enjoy the spring weather.More >>
  • Miss. officers rescue woman, granddaughter from lake

    Miss. officers rescue woman, granddaughter from lake

    Friday, April 18 2014 5:07 PM EDT2014-04-18 21:07:18 GMT
    (WMC-TV) – Two Olive Branch police officers are considered heroes Friday morning after jumping into a lake to save a woman and her 7-year-old granddaughter from their sinking van. Those officers took theirMore >>
    Two Olive Branch police officers are considered heroes Friday morning after jumping into a lake to save a woman and her 7-year-old granddaughter from their sinking van.More >>
  • Several homes evacuated due to gas main break

    Several homes evacuated due to gas main break

    Friday, April 18 2014 2:20 PM EDT2014-04-18 18:20:34 GMT
    (WMC-TV) – Memphis Fire Department is on the scene of a gas main break in the 1500 block of Carr Avenue, near South Willet Street in Midtown. Eight homes are being evacuated. This break happened aroundMore >>
    Some Midtown residents were forced out of their homes Friday morning when natural gas started leaking into their neighborhood.More >>
OLIVE BRANCH, MS -

(WMC-TV) – A new company is bringing hundreds of jobs to Olive Branch.

An undeveloped lot will eventually become home to the new Helen of Troy warehouse. It is expected to bring about 300 jobs to the city.

Olive Branch Mayor Sam Rikard says it is something that has been in the works for at least six months.

The New Helen of Troy warehouse will be one of the first things people see coming to Olive Branch from the east.

DeSoto County is looking to finalize incentives to bring the company's second warehouse to the county.

Mayor Rikard says the undeveloped land currently brings in about 14,000 to the city, but the warehouse will bring in much more.

"Even with the tax incentives that we're offering, they're going to be paying the city of Olive Branch about a $120,000 a year," said Mayor Rikard.

On top of the additional revenue for the city and county, even more tax money will flow into the school systems in DeSoto County.

The consumer product manufacturer is expected to close one of its current facilities in Memphis in wake of the move to DeSoto County.

"I understand that ultimately the Memphis location will close and you would expect those employees to transfer, I'm told we'll have up to 400 employees," explained Rikard.

The warehouse is expected to open at some point in 2014.

Copyright 2013 WMC-TV. All rights reserved.

Powered by WorldNow