Dennen Steel breaks ground for new plant
Published: July 27,2011
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.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- DAVID DALLAS — Roger Wicker: Profile in discouragement
- Tommy Robertson indicted on five counts of embezzlement
- BILL CRAWFORD — More jobs, but fewer with jobs, huh?
- Despite obstacles, craft beer industry growing
- ANITA MODAK-TRURAN — Mississippi’s motion picture renaissance
- Finding your flexible space — Regus banks on high demand for customizable work spaces
- Watch out for wildlife while driving on roads, highways
- Miss. children's hospital plans $150 million expansion
- State's ventures into alt-fuel markets net few jobs