Posts Tagged ‘capital investment’

Barefoot Carriers investing, creating jobs in Ripley

RIPLEY — Barefoot Carriers is expanding its operations in Ripley. Officials say in a news release yesterday that the project represents a $2 million corporate investment and will create 25 new jobs. The expansion involves the addition of 12 trucks and trailers, new equipment, and the extension of the company’s truck and trailer parking and […] [...]

Acco Brands investing $1.6M, adding 162 workers

BOONEVILLE — Acco Brands will add a 162-employee call center at its Booneville factory and distribution center. The company announced the $1.6 million investment yesterday. The state of Mississippi will give Acco $150,000 to modify a building, and the Tennessee Valley Authority will also assist. The company, based in Lake Zurich, Ill., makes office supplies […] [...]

California company moving some production to state

SHANNON — General Atomics is relocating some product lines from its Electromagnetic Systems Group to Shannon. The company and Gov. Phil Bryant made the announcement today in Shannon. Bryant says in a news release that the relocation represents an $11 million investment by General Atomics and will create 80 new jobs. The relocated product lines […] [...]

Signet to invest $7.2M in infrastructure improvements

PASCAGOULA — Signet Maritime Corp. is investing $7.2 million in infrastructure improvements at its Pascagoula shipyard, Signet Shipbuilding & Repair. The company says in a news release that the improvements will support an increased workload and future growth. Improvements will include a 150-ton crawler crane, dredging and renewal of a 1,000-foot waterfront bulkhead, a new […] [...]

Industrial Timber expanding plants in two cities

SHANNON and RIPLEY — Industrial Timber, a manufacturer of wood furniture frames, is expanding operations at its facilities in Shannon and Ripley. The company announced that the expansions represent a $1.5-million corporate investment and will create 80 new jobs. Industrial Timber says it is adding a new manufacturing line at both facilities to meet the […] [...]

Connecticut company bringing operations to Delta port

ROSEDALE — Louis Dreyfus Commodities, a global merchandiser of oilseeds, grains, feed and rice, will invest $20 million in a grain elevator and barge loading facility at the Port of Rosedale along the Mississippi River. Louis Dreyfus Commodities expects the Rosedale Port terminal to create up to 10 new jobs by the time it begins […] [...]

Lumber company expanding, adding new workers

BALDWYN — Maple Land and Timber has announced the company is expanding its operation located near Baldwyn. The plant, which operates as American Land and Timber, will produce lumber for export to overseas markets. The expansion includes the addition of a new sawmill and the construction of a 20,000-square-foot facility. The project represents a $1.95 […] [...]

Steel processor to site plant in Attala County

KOSCIUSKO — Attala Steel Industries is unveiling a new facility. The $5-million galvanizing facility will allow the company to coat steel, in addition to the steel processing it already does at the Kosciusko facility. The company has 34 employees and plans to hire 11 more. Attala Steel invested $5 million in the project. Gov. Phil […] [...]

Milwaukee Tool to get $15M expansion/makeover

GREENWOOD — The Milwaukee Electric Tool Corp. plant in Greenwood is undergoing a $15 million expansion and reorganization that will double the factory’s manufacturing capacity. The Greenwood Commonwealth reports company engineer Terry Jensen told a civil club this past week that the plant presently splits its operations between assembling power tools and manufacturing saw blades. […] [...]

Hospital plans ground-breaking for major expansion

NEW ALBANY — Baptist Memorial Hospital-Union County will break ground Aug. 16 on a $12-million expansion of its emergency department. The 23,000-square-foot project includes additional parking spaces to reclaim those lost to the expansion. The number of treatment rooms will increase from 7 to 22. The project is to be completed in the summer of […] [...]

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