Regions Bank will build a 75,000-square-foot operations facility in Hattiesburg, MS, investing $23 million and creating 91 jobs. The new operations center will accommodate Regions Bank associates who currently work across various business groups at three locations in downtown Hattiesburg.
“Regions Bank is committed to Hattiesburg, the Pine Belt and the state of Mississippi,” said South Mississippi President for Regions Bank Greg Garraway. “People who work for Regions in Hattiesburg are dedicated to serving customers here at home and across the country. When it came time to grow and expand our operations, we knew we wanted to do so here in this community.”
The Mississippi Development Authority is providing assistance for site preparation and infrastructure improvements. The city of Hattiesburg and Lamar County are also providing assistance.
“Hattiesburg and the Pine Belt Region have celebrated significant economic development wins in recent years,” said Governor Phil Bryant. “Regions’ investment in this new facility and commitment to adding 90 new jobs, bringing the company’s total employment in the city to more than 400, will benefit the local community for many years to come.”
Following the transition of office personnel to the new facility, Regions plans to continue its branch-banking presence in downtown Hattiesburg. Additionally, a private developer has secured the current office space downtown for future redevelopment opportunities, allowing for further investments into the downtown area.
“The addition of 91 new career opportunities for the people of Hattiesburg is a strong testament to the fact the city and county are well-positioned for continued community and economic growth,” said MDA Executive Director Glenn McCullough, Jr. “We salute the teamwork of the Area Development Partnership, the city of Hattiesburg and Lamar County which, together with MDA, played an integral role in making this expansion possible.”
Relocating or Expanding Your Business In Mississippi
Considering Mississippi for your company’s relocation or expansion project? Check out Business Facilities’ Mississippi Incentives and Workforce Development Guide.