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Mississippi Business

Truck battery joint venture locating $1.9 billion factory in Marshall County, creating 2,000 quality jobs

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Project represents the largest payroll commitment of any major project in state history 

JACKSON, Miss. (Jan. 18, 2024) – A joint venture between Accelera by Cummins, the zero-emissions business unit of Cummins Inc., Daimler Trucks & Buses and PACCAR, is locating advanced battery cell production operations in Marshall County. The project represents a corporate investment of at least $1.9 billion and will create 2,000 jobs with an average annual salary of approximately $66,000. 

The economic development project represents the largest payroll commitment of any major project in Mississippi history. Additionally, at $1.9 billion, this is the second largest economic development project in state history.

Accelera, Daimler Truck and PACCAR each own 30% of, and jointly…

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By: Ken patterson
Title: Truck battery joint venture locating $1.9 billion factory in Marshall County, creating 2,000 quality jobs
Sourced From: mississippi.org/news/truck-battery-joint-venture-locating-1-9-billion-factory-in-marshall-county-creating-2000-quality-jobs/
Published Date: Thu, 18 Jan 2024 09:15:01 +0000


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Mississippi Business

Superior Optical Lab expanding operations in Jackson County

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mississippi.org – Ken patterson – 2024-10-16 10:00:00

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.

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Mississippi Business

Salad Days Produce expanding in Madison County

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mississippi.org – Ken patterson – 2024-10-08 14:00:00

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.

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Mississippi Business

Exxel Outdoors locating operations in Tupelo

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mississippi.org – Ken patterson – 2024-09-26 10:00:10

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.

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