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Tag Archives: capital investment

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 million corporate investment and is ...

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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 Bryant cut the ribbon yesterday. ...

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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. Jensen says the assembly operation ...

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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 2014. Walter Grace, chief executive ...

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Genesis Energy doubling capacity, adding workers

NATCHEZ — Genesis Energy plans to more than double its railcar capacity at its terminal in the Natchez-Adams County Port. The Natchez Democrat reports the expansion will create approximately 20 new jobs, including 15 equipment operators and five professional staff. The announcement comes as the company finalized its first phase — which includes 40 railcar spots — in Natchez. That ...

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Manufacturer unveils $11M expansion; adding jobs

NATCHEZ — Enerfab is expanding operations at its Natchez location, which is known as Enersteel, to accommodate an increase in tank head production, according to the Mississippi Development Authority (MDA). The project represents a corporate investment of more than $11 million and will create 20 new jobs, bringing the total number employed at the facility to 110. At its Natchez ...

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Stone wool plant coming to park; to employ 150 workers

MARSHALL COUNTY — Rockwool International officials and State of Mississippi economic development leadership have broken ground on the company’s first manufacturing facility in the United States. Rockwool is the parent company of Roxul, a manufacturer of stone wool insulation products in North America. The plant, located approximately 30 miles south of Memphis, was announced last year and is expected to ...

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Company to expand pipe plant; investment could reach $50M

HERNANDO — A German pipe maker is expanding in North Mississippi, announcing it will spend $30 million to $50 million on a pipe finishing facility in Hernando and create 70 new jobs. Schulz Xtruded Products is the Mississippi division of Wilh. Schulz GMBH, based in Krefeld, Germany. SXP has a plant in Tunica County that manufactures stainless-steel pipes for the ...

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Telecom spends $975M in state over last two years

ACROSS MISSISSIPPI — AT&T invested nearly $975 million in its Mississippi wireless and wireline networks from 2010 through 2012, with a focus on expanding 4G LTE mobile Internet coverage and enhancing the overall performance of its networks, according to a release from the telecommunications company. AT&T has made more than 145 wireless network upgrades in six key categories in Mississippi ...

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Severstal making large investment in steel mills

COLUMBUS — Severstal will invest $1.3 billion in its steel and mining operations worldwide with $43 million set aside for its rolled steel mill in Columbus. The company says in a news release that while it will spend most of its investments in 2013 on its Russian operations, $107 million will be invested in the United States. At Columbus, the ...

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