Mississippi Record
Southaven
High PriorityTaxes Budgetopen

Tax abatements for three distribution companies

Summary

The city granted ten-year tax breaks totaling over $71 million in property value for Hormel Foods, DHL Supply Chain, and MG88 Memphis Distribution — three entities sharing one building. The county economic development council and supervisors recommended them.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Apr 21, 2026.

Impact analysis

💰Financial impact

Deferred property taxes on more than $71.6 million in property value over ten years, offset by jobs and investment the companies bring.

✅Who benefits

The three companies and local job growth from the distribution operations.

⚠️Who could be affected

Other property taxpayers share the burden of the abated taxes for the abatement period.

Mentions & discussions (1)

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