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Tag Archives: capital investment

Ice Industries expanding Grenada plant, adding 50 jobs

GRENADA — Ice Industries Grenada says it is adding 50 jobs and investing $1.8 million in an expansion. The announcement was made yesterday in Grenada by Gov. Phil Bryant and company officials. The unit of privately-held ICE Industries of Sylvania, Ohio, says it’s making infrastructure upgrades, overhead crane improvements, and shipping and safety enhancements. New metal stamping and assembly equipment ...

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Ergon expanding Vicksburg refinery, spending $150M

VICKSBURG — Ergon Inc. says it will spend $150 million to expand its Vicksburg refinery. The Flowood-based private company said yesterday that it would enhance parts of the refinery and expand its tank farm. It said the changes, in addition to allowing it to make more products, would allow Ergon to feed the refinery with more kinds of crude oil. ...

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Avectus relocating to downtown Corinth building

CORINTH — Avectus Healthcare Solutions of Corinth is adding 50 new jobs in a local expansion. The announcement came today during a ceremony attended by Gov. Phil Bryant and company officials in Corinth. The company is moving into the former Chadco building in downtown Corinth. The project represents a corporate investment of $300,000. Officials said the move into the larger ...

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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 lay-down area. Established in 2001, ...

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Ayrshire announces third expansion of Corinth plant

An electronics manufacturer that bought a plant earmarked for closing six years ago is expanding again. Ayrshire Electronics, a full-service electronics manufacturing company, is expanding operations at its facility in Corinth to accommodate an increase in production. The project represents a $100,000 corporate investment and will create 25 new jobs. In 2008, Louisville, Ky.-based Ayrshire acquired the former ACT Electronics’ ...

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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 under various brands including Mead, ...

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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 provide equipment and services to ...

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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 fabrication shop, an expanded drydock ...

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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 needs of Jackson Furniture, a ...

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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 operation in the summer of ...

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