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General Atomics plans $20 million expansion in Lee County


MBJ staff

General Atomics Electromagnetic Systems is expanding for the 10th time in 13 years in Shannon. The project is a $20 million private capital investment and is expected to create 48 jobs over the next three years. It currently employs 256.

The Mississippi Development Authority is providing a $510,000 grant to help with equipment costs. Lee County will provide property tax exemptions.

General Atomics’ latest expansion in Lee County strengthens Mississippi’s position as a leader in the defense industry while highlighting to companies around the world our state’s ability to compete and win in the global marketplace,” Gov. Phil Bryant said in a news release.

 

The expansion supports increased demands for airborne, maritime and land military lasers, as well as increased fabrication needs. The project includes a 128,000-square-foot addition to an existing facility, which will house manufacturing operations for laser systems and expanded fabrication facilities.

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About Ross Reily

Ross Reily is editor of the Mississippi Business Journal. He is a husband to an amazing wife, dad to 3 crazy kids and 2 dogs. He is also a fan of the Delta State Fighting Okra and the Boston Red Sox.

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