Home » NEWS » Manufacturing » Dennen Steel breaks ground for new plant

Dennen Steel breaks ground for new plant

IUKA — Dennen Steel Corp., a contract stamping manufacturer of steel products, has broken ground for construction of a new 50,000-square-foot manufacturing facility at Yellow Creek Port in Iuka.

The ground-breaking was held today at the construction site.

Company chairman/CEO Andrew Dennen says in a statement that the $7.4-million project will create 50 new jobs in northeast Mississippi.

He says Dennen Steel, headquartered in Grand Rapids, Mich., will purchase large master coils from steel mill producers and process steel slit coil into precision stampings, fabricated metal parts and assemblies from the Tishomingo County location.

The Mississippi Development Authority provided assistance to the county for infrastructure improvements at the site of the company’s new facility. The Appalachian Regional Commission and Tennessee Valley Authority also provided assistance to help facilitate the project.

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Megan Wright

Leave a Reply

Your email address will not be published. Required fields are marked *

*