JACKSON — Gov. Phil Bryant, officials from ALUMA-FORM and local leaders broke ground today on the company’s new manufacturing facility in the Walnut Industrial Park in Walnut, Miss., in Tippah County. The project represents a company investment of $6.7 million and will create 125 new jobs.
From the Walnut location, ALUMA-FORM will manufacture and distribute its overhead power distribution products to its domestic and international customer base.
“I am grateful to the team at ALUMA-FORM for selecting a Mississippi location for its new manufacturing facility and for placing their confidence in our business climate and creating so many new job opportunities for the area’s workers. Mississippi is always pleased to welcome new businesses to the state, and it is especially exciting to welcome a company that plays an important role in the energy industry,” Gov. Bryant said. “This has been a great year for economic development in Mississippi, and I appreciate ALUMA-FORM for helping us close out 2013 with another economic development win. I wish the company many years of success in north Mississippi.”
“We are excited about our expansion in Walnut and our partnership with the local community and the state of Mississippi,” said Fred Newman, CEO of ALUMA-FORM. “We feel that Walnut’s dedicated, quality workforce, combined with the pro-business environment, will put us in a position to take on the challenges of a dynamic, competitive marketplace. I would like to thank the state of Mississippi, Tippah County and the Walnut community, the Appalachian Regional Commission and TVA for their support.”
The Mississippi Development Authority provided assistance in support of the project for relocation needs, site preparation, infrastructure improvements and workforce training. The town of Walnut, Tippah County, the Tennessee Valley Authority and the Appalachian Regional Commission assisted with the project, as well.
“We are pleased to welcome ALUMA-FORM as Mississippi’s newest business partner, and we appreciate the company for its investment in our state and in our workforce,” said MDA Executive Director Brent Christensen. “The MDA team thanks our local partners in Walnut and Tippah County and at the Appalachian Regional Commission and TVA for strong teamwork that helped bring this great company to north Mississippi.”
ALUMA-FORM, Inc. was founded in 1961 in Memphis, Tennessee. For more than 50 years, Aluma-Form, Inc. has been an industry-leading manufacturer of overhead distribution products to the Electric Utility Industry for both its domestic and international customer base.
Over the last 5 years, ALUMA-FORM has grown significantly through the introduction of numerous new product lines and hundreds of new products. ALUMA-FORM has a robust growth strategy and will introduce a continuous stream of new product lines in 2014 and the foreseeable future. For more information, visit www.alumaform.com.
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