Posts Tagged ‘capital investment’

SemiSouth making $18M investment in new equipment; could double employment

STARKVILLE — SemiSouth Laboratories plans to spend $18 million to buy new equipment for its Starkville facility, a move that could double employment there over the next 18 months. Privately-held SemiSouth makes silicon carbide semiconductors for solar panels, wind turbines, electric cars and other devices that need to transmit power without leaking any electricity along […] [...]

Milwaukee Electric Tool building new distribution facility

OLIVE BRANCH — Milwaukee Electric Tool, manufacturer of portable electric power tools and accessories, is expanding its presence in north Mississippi by constructing a new, larger distribution center in Olive Branch. The project represents a company investment of $8 million and will create 25 new jobs, according to the Mississippi Development Authority (MDA). “The new […] [...]

Resinall gets New Market investment for expansion

HATTIESBURG — Resinall Mississippi (Resinall) has completed a New Market Tax Credit (NMTC)-based investment. The New Markets Tax Credit program is run by the CDFI Fund under the Department of Treasury. MuniStrategies and SECDE Ventures were the two Mississippi-based New Markets allocatees that provided federal and state tax credit incentives to help finance this project. […] [...]

Ershigs cuts ribbon on fifth Tri-State building

IUKA — Ershigs Inc. recently held a ribbon-cutting ceremony for its newest facility. The fifth of Ershigs’ buildings in the Tri-State Commerce Park, the new facility offers 65-foot ceiling, and is designed to manufacture very large fiberglass and composite structures. Ershigs invested approximately $1.26 million, and Tishomingo County provided $313,799 for the new facility, which […] [...]

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