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Big business: economic anchors for communities: but finding right mix of large and small companies makes a difference.

Publication: Mississippi Business Journal
Publication Date: 30-JUN-08 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Big business: economic anchors for communities: but finding right mix of large and small companies makes a difference.(Focus: Big Business)

Article Excerpt
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Communities across Mississippi have large businesses that act as economic anchors. The communities and their residents depend on these companies to provide employment and stability. It can be devastating if these big employers downsize or fold up shop and move away.

In the Lee County area, people are still looking for work in the furniture manufacturing sector as a result of the closing of the Berkline plant there. Lee County is down approximately 1,000 jobs with another 3,000 in the area, according to David Rumbarger, president of the Community Development Foundation in Tupelo.

In demand

"A lot of those who were laid off are using this time to upgrade their technical skills," he says. "The demand for skilled...

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