MDA provides funding to Grenada manufacturer
Published: January 23,2014
Tags: B.J. Anderson, economic development, funding, grant, Grenada Stamping, Job Protection Grant, manufacture, manufacturer, manufacturing, metal stamping, Mississippi Development Authority, press, State of Mississippi
GRENADA — The state of Mississippi has provided $200,000 to refurbish a metal stamping press at a Grenada manufacturer.
The money was provided through the Mississippi Development Authority’s Job Protection Grant program. The program is designed to help local industries retain jobs and grow their businesses.
Officials say Grenada Stamping is spending $250,000 of its own money to complete the project.
Grenada Stamping Project Manager B.J. Anderson says the press is used to make parts for appliances and automobiles.
Grenada Stamping has added 165 jobs in the last three years.
The factory makes parts for automobiles, appliances and heating and cooling equipment.
To sign up for Mississippi Business Daily Updates, click here.
Mississippi Economic Council
Mississippi Chambers of Commerce
Mississippi State Legislature
Mississippi Development Authority
Mississippi Economic Development Council
North Mississippi News
Social Security Disability Lawyer
Auto Accidents Lawyer
Top Posts & Pages
- Ingalls to lease former SRHS clinic in Gautier for employee medical center
- Shale oil: market correction or longterm direction?
- Miss. surgeon sentenced in tax evasion case
- Aluminum company rumored for Columbus: 'clock' is for website, not plant site
- WRESTLING SUCCESS — Ted DiBiase Jr. leaves ring to become entrepreneur
- Hyatt-Place is Columbus’ newest hotel option
- Two new casinos like the odds on Mississippi Gulf Coast
- Pearl ordering rental properties to retrofit with sprinklers, build storm shelters
- MBJ exclusive: Jackson’s new airport CEO fulfills desire to taking on the top job