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BGS US Locating First U.S. Facility In Pittsburgh, PA Region
Kyle Peschler
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MS
Mississippi Corporate Moves
ATK Expanding Iuka Plant To Make Aero Composites Alliant Techsystems, Inc. (ATK) is expanding its Iuka, MS facility to manufacture composite structures for next-generation commercial aircraft. ATK will produce composite structures for these aircraft, as well as composite aircraft engine components, at its Iuka facility. The expansion is expected to retain the 176 jobs currently at the facility; the workforce will grow to a total of 800 employees in the next eight years. “We welcome ATK’s decision to locate its composite airframe operations at the Tishomingo County facility,” Gov. Haley Barbour said. “ATK’s selection of its Mississippi site for these high-tech operations indicates the company’s confidence in Mississippi’s workforce and its ongoing commitment to doing business in the state.” The state assisted ATK with funding for building infrastructure improvements. “Expanding ATK’s presence in Mississippi with its talented workforce, strong university system, and pro-business environment is the right strategic move for our company,” said Dan Murphy, Chairman and CEO. “We are delighted ATK has chosen to grow its composite manufacturing operations for commercial aircraft here in Mississippi,” said Gray Swoope, executive director of the Mississippi Development Authority. “This further confirms Mississippi is a prime location for companies involved in advanced material-making processes for the aerospace industry. ATK’s decision to locate these operations in Mississippi will provide a future for many of our college graduates in this field.” ATK is a premier aerospace and defense company with more than 17,000 employees in 21 states. It is a leading manufacturer of composite components ... Read more
Mississippi Corporate Moves
Advanced Manufacturing Flocks to Mississippi Mississippi is becoming a magnet for companies specializing in advanced manufacturing techniques that also are seeking centralized logistics operations. With low taxes and a low cost of doing business, the state also is an attractive choice for companies looking for ways to reduce operational costs. In April, G & G Steel, producer of some of the world’s largest fabricated metal components, announced plans for a metal fabrication facility to be located in the Tri-State Commerce Park in Iuka, MS. The company will fabricate metal components for large-scale projects including bridges, locks and mining equipment at its new facility. The area’s available workforce and access to major transportation networks were key factors in the decision to locate in Mississippi. Earlier this year, Handy Hardware, a member-owned hardware-buying group, announced the location of a distribution center in the Meridian I-20/59 Industrial Park. Handy plans to break ground on its new facility by the middle of this year. Once complete, the distribution center is expected to create more than 150 new jobs, representing a $20-million investment by the company. Other companies are expanding operations already located in Mississippi: Alliant Techsystems (ATK), is making preparations to manufacture composite structures for commercial aircraft applications at its Iuka, MS, facility. The company will produce composite stringers and frames, which are essential components of next-generation commercial aircrafts. The expansion is expected to retain 176 current jobs and increase the workforce to a total of 800 employees over the next eight years. Nissan ... Read more
Mississippi Corporate Moves
Toyoda Gosei Set to Build in Batesville In March, Toyoda Gosei North American Group announced plans to build a new automotive parts manufacturing plant in Batesville, MS. The facility will develop and produce interior and exterior plastic automotive components for Toyota Motor Manufacturing Mississippi, Inc. Toyoda Gosei will invest approximately $19 million into the new 103,300-square-foot plant, located on 14.27 acres of land just off of Interstate 55. The company plans to begin production and employ 120 workers by 2010. The Mississippi Development Authority’s project team helped Toyoda Gosei narrow down the Batesville site from contenders in at least two other states. “The Mississippi Development Authority and Panola County Partnership have been a valuable resource for Toyoda Gosei as we begin building a positive relationship with the Batesville community,” says Takashi Matsuura, president of Toyoda Gosei. “Both organizations also played a key role in introducing Toyoda Gosei to various incentive programs that include training for our future workforce.” Toyoda Gosei currently has manufacturing operations in six states, in addition to headquarters in Japan, Belgium, Thailand, and Troy, MI. The corporation’s worldwide employment numbers total more than 23,000 people throughout 16 countries. Vuteq and Toyota Forge a Partnership In 2009, Vuteq USA, Inc. plans to open a new manufacturing facility in New Albany, MS. The $31-million plant is expected to employ 130 people. Vuteq will provide Toyota with more than 50 injection-molded parts, as well as the assembly of the deckboard and various component parts. Vuteq will begin production next ... Read more
