Mississippi Business
Coronis Health Sale a 10-12x Win for Mississippi Investors and a Lesson in Long-Term Entrepreneurial Thinking
When Coronis Health sold for over $650 million this past spring, several investors in the Mississippi-founded company reaped the rewards. After years of growing pains, headaches and cat-herding, the team that stuck it out enjoyed a considerable return on their investment.
The Coronis story started more than 15 years ago when two Mississippians who had worked at Ross Perot’s Electronic Data Systems (EDS) in Dallas noticed an opportunity around the government requirements for new, secure electronic medical records. They started Integrated Healthcare Solutions, or ICHS, and went to work on state-of-the-art software that helped those medical offices keep up with the times.
Real estate and construction investor Steve Steen recalls being pitched on investing in the company….
By: jacksonfreepress
Title: Coronis Health Sale a 10-12x Win for Mississippi Investors and a Lesson in Long-Term Entrepreneurial Thinking
Sourced From: www.innovate.ms/coronis-health-sale-a-win-for-mississippi-investors-and-a-lesson-in-long-term-entrepreneurial-thinking/
Published Date: Fri, 23 Sep 2022 17:44:52 +0000
Mississippi Business
Superior Optical Lab expanding operations in Jackson County
SUMMARY: Superior Optical Lab, an eyeglass manufacturer in Jackson County, is expanding with a corporate investment of approximately $12.5 million, creating 188 jobs. The company, which operates one of America’s leading optical laboratories, recently added 45,000 square feet of production space to enhance efficiency. The Mississippi Development Authority and Jackson County are supporting the expansion project. Founded in 1991 by a U.S. Navy veteran, Superior Optical Lab is dedicated to providing affordable eyewear to veterans. Local officials, including Gov. Tate Reeves, express pride in supporting veteran-owned businesses and the positive impact on the Gulf Coast region’s economy.
The post Superior Optical Lab expanding operations in Jackson County appeared first on mississippi.org
Mississippi Business
Salad Days Produce expanding in Madison County
SUMMARY: Salad Days Produce, a hydroponic lettuce producer based in Flora, Mississippi, is expanding its operations with an $8.18 million investment, creating at least 12 jobs. The new 65,000-square-foot facility at Flora Industrial Park will significantly increase production capacity, enabling the company to serve larger grocery chains and regional distributors. This expansion is expected to be completed by July 2025, supported by the Mississippi Flexible Tax Incentive program. Local officials highlight the positive economic impact and growth in the food-service market that will result from this project, reinforcing Madison County’s emerging status as a food-sector hub.
The post Salad Days Produce expanding in Madison County appeared first on mississippi.org
Mississippi Business
Exxel Outdoors locating operations in Tupelo
SUMMARY: Exxel Outdoors, a leading manufacturer of outdoor and military gear, is relocating its national warehousing and distribution center from Reno, Nevada, to Tupelo, Mississippi, creating at least 40 jobs with a corporate investment exceeding $2 million. This move enhances delivery efficiency by positioning the company closer to its customers and its manufacturing plant in Haleyville, Alabama. Supported by the Mississippi Development Authority’s MFLEX program and local agencies, Exxel’s arrival is expected to diversify the local economy and foster business growth in Tupelo. The company will begin hiring immediately, reflecting Mississippi’s commitment to a conducive business environment.
The post Exxel Outdoors locating operations in Tupelo appeared first on mississippi.org
-
News from the South - Texas News Feed7 days ago
Rural Texas uses THC for health and economy
-
Mississippi Today3 days ago
After 30 years in prison, Mississippi woman dies from cancer she says was preventable
-
News from the South - Georgia News Feed4 days ago
Woman charged after boy in state’s custody dies in hot car
-
Our Mississippi Home6 days ago
Porch Lights and Lightning Bugs: An August Evening in Mississippi
-
News from the South - Georgia News Feed7 days ago
Trump's new tariffs give some countries a break, shares and US dollar sink
-
News from the South - Arkansas News Feed7 days ago
Police: McGann admitted to killing the couple, DNA match found at the scene
-
Mississippi News Video7 days ago
Safe Haven Baby Box opens in Gluckstadt
-
News from the South - Oklahoma News Feed7 days ago
Woman honored for 50 years of giving back