Golding Barge Line is expanding operations in Vicksburg with a $20 million corporate investment and creation of 25 jobs.
Golding Barge Line transports refined petroleum products, petrochemicals and chemical products throughout the U.S. inland waterway system.
“We are excited about this opportunity to grow our business. This expansion will provide more employment opportunities, as well as increased stability and job security for the current Golding Barge Line team,” Golding Barge Line President Austin Golding said in a release. “This new equipment will operate around the country within the supply chains of some of the world’s largest oil companies. The revenue it generates will come out of those companies and into our community through payroll and our vendor partnerships. Being in Vicksburg gives us a recruiting advantage, and that advantage has allowed a small family-owned operator to compete with large publicly traded operators.”
The Mississippi Development Authority has approved the company for the Advantage Jobs Rebate program, which provides a rebate to eligible businesses that create new jobs that exceed the average annual wage of the state or the county in which the company locates or expands.
Golding Barge plans to fill the 25 jobs by the end of 2020.
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