Mississippi Business
Point Eight Power, Inc. opening operations in Hancock County
Point Eight Power, Inc. will create at least 78 direct jobsCompany investing nearly $7.75 million
Jackson, Miss. (July 20, 2023) – Point Eight Power, Inc., manufacturer of power distribution systems, is set to open a new manufacturing plant in Hancock County. With a corporate investment of almost $7.75 million, this project is expected to generate 78 direct jobs.
The decision to establish the manufacturing plant in Mississippi was driven by Point Eight Power’s recognition of the local workforce talent and the favorable site location.
The Mississippi Development Authority is providing assistance for building improvements. MDA also is providing assistance through the Mississippi Flexible Tax Incentive, or MFLEX. Hancock County is assisting with the project, as well…
By: Joseph McCain
Title: Point Eight Power, Inc. opening operations in Hancock County
Sourced From: mississippi.org/news/point-eight-power-inc-opening-operations-in-hancock-county/
Published Date: Thu, 20 Jul 2023 15:03:52 +0000
Mississippi Business
Superior Optical Lab expanding operations in Jackson County
SUMMARY: Superior Optical Lab, an eyeglass manufacturer in Jackson County, is expanding with a corporate investment of approximately $12.5 million, creating 188 jobs. The company, which operates one of America’s leading optical laboratories, recently added 45,000 square feet of production space to enhance efficiency. The Mississippi Development Authority and Jackson County are supporting the expansion project. Founded in 1991 by a U.S. Navy veteran, Superior Optical Lab is dedicated to providing affordable eyewear to veterans. Local officials, including Gov. Tate Reeves, express pride in supporting veteran-owned businesses and the positive impact on the Gulf Coast region’s economy.
The post Superior Optical Lab expanding operations in Jackson County appeared first on mississippi.org
Mississippi Business
Salad Days Produce expanding in Madison County
SUMMARY: Salad Days Produce, a hydroponic lettuce producer based in Flora, Mississippi, is expanding its operations with an $8.18 million investment, creating at least 12 jobs. The new 65,000-square-foot facility at Flora Industrial Park will significantly increase production capacity, enabling the company to serve larger grocery chains and regional distributors. This expansion is expected to be completed by July 2025, supported by the Mississippi Flexible Tax Incentive program. Local officials highlight the positive economic impact and growth in the food-service market that will result from this project, reinforcing Madison County’s emerging status as a food-sector hub.
The post Salad Days Produce expanding in Madison County appeared first on mississippi.org
Mississippi Business
Exxel Outdoors locating operations in Tupelo
SUMMARY: Exxel Outdoors, a leading manufacturer of outdoor and military gear, is relocating its national warehousing and distribution center from Reno, Nevada, to Tupelo, Mississippi, creating at least 40 jobs with a corporate investment exceeding $2 million. This move enhances delivery efficiency by positioning the company closer to its customers and its manufacturing plant in Haleyville, Alabama. Supported by the Mississippi Development Authority’s MFLEX program and local agencies, Exxel’s arrival is expected to diversify the local economy and foster business growth in Tupelo. The company will begin hiring immediately, reflecting Mississippi’s commitment to a conducive business environment.
The post Exxel Outdoors locating operations in Tupelo appeared first on mississippi.org
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