Swiss firm ABB says its new Tate County plant is a key part of its plan to produce its full range of electrical components for North American customers.
Franklin Sullivan, who leads ABB’s electrical components business in North America, said Friday that the company aims to grow from 100 employees now to 500 employees at the Senatobia plant within five years. ABB hosted Gov. Phil Bryant and others for a grand opening, after shipping its first parts from the plant in April.
Sullivan says the company wanted a site close to Memphis, Tennessee, which is now the headquarters of its electrical business after the company bought Thomas & Betts in 2012 for $3.9 billion.
ABB is operating in a building constructed by Mississippi for failed solar operator Twin Creeks Technologies.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info