Home » NEWS » Tool firm moving to Ripley, creating 10 jobs

Tool firm moving to Ripley, creating 10 jobs

MBJ
staff

North
Mississippi Tool Inc. is relocating its operations from Booneville to
Ripley in a $700,000 corporate investment that creates 10 jobs.

The
company, which specializes in tool and die manufacturing for
customers such as Winchester, Plumrose, American Pipe, SMW and CECA,
is relocating its operations to better serve its customers. The
company is renting a facility from CECA Forge, where it began
operations in August. North Mississippi Tool’s Booneville facility
has been sold.

“We
appreciate the Mississippi Development Authority along with the
Tippah County Development Authority for working with us to make this
move to Tippah County. It will enable our company to grow and better
serve our existing customers,” said President Mark Floyd.

The
Mississippi Development Authority provided a $40,000 grant for
electrical work in the Ripley facility.

“This
year, more than 80 percent of state-assisted economic development
announcements have been expansions of our existing corporate
citizens,” said MDA Executive Director Glenn McCullough Jr.

The
addition of the 10 jobs brings the company’s employment to 20
workers. The existing jobs transferred from Booneville to the Ripley
location.

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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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