IUKA, Miss. – Gov. Phil Bryant and other state and local officials cut the ribbon today on two new industries in the growing Yellow Creek Industrial Park and Port in Tishomingo County north of Iuka.
Dennen Steel Corp. cut the ribbon today to officially open the company’s new 50,000-square-foot manufacturing facility. The project represents a $7.4 million company investment and is creating 50 new jobs.
Dennen Steel, a contract stamping manufacturer of steel products, will purchase large master coils from steel mill producers and process steel slit coil into precision stampings, fabricated metal parts and assemblies at the Tishomingo County location.
“We welcome Dennen Steel as the newest member of Mississippi’s business community,” Bryant said. “The investment and jobs being created by Dennen Steel are further proof that ‘Mississippi Works’, and the company’s decision to locate here will positively impact the community and the state as a whole. I thank the company for its investment in our state, its confidence in our business climate and for creating these new job opportunities for the area’s workers.”
“Today is a great day for Dennen Steel as we celebrate the ribbon cutting of our new facility at Yellow Creek Port,” said Andrew Dennen, chairman and CEO of Dennen Steel. “The support we have received from the Mississippi Development Authority, Tishomingo County, the Appalachian Regional Commission and the Tennessee Valley Authority played a significant role in our decision to locate Dennen Steel’s southern operation here, and we look forward to many successful years in Tishomingo County.”
The Mississippi Development Authority worked with company and local officials to provide assistance to Tishomingo County for infrastructure improvements at the site of the company’s new facility. The Appalachian Regional Commission and Tennessee Valley Authority also provided assistance to help facilitate the project.
“This is an exciting day for Dennen Steel, Iuka and Tishomingo County, and we’re very pleased to officially welcome the company to Mississippi,” said Brent Christensen, MDA executive director. “We thank our partners in Tishomingo County and at the Appalachian Regional Commission and Tennessee Valley Authority who worked to make today possible, and we look forward to watching Dennen Steel grow in north Mississippi in the years to come.”
Headquartered in Grand Rapids, Mich., Dennen Steel is dedicated to supporting its customers with integrated supply chain management system. From direct steel mill purchasing through coil slitting and low- and high-volume contract manufacturing, the company serves leading manufacturers in a diverse range of industries. To learn more, visit www.dennensteel.com.
Meanwhile, Contract Fabricators is locating in the 97,280-square-foot facility formerly occupied by Dynasteel, where today Bryant and company officials held a ribbon cutting ceremony.
The project represents a $1,050,000 company investment and will create 50 new jobs within its first year of operation at the port.
Contract Fabricators, manufacturer of large pressure vessels for oil refineries, power plants, chemical plants and more, also has operations in Holly Springs, Miss., where the company employs 125 workers.
“I am always pleased when one of Mississippi’s existing businesses chooses to expand and further invest in its operations,” Bryant said. “The jobs being created by Contract Fabricators as a result of this expansion speak to the fact that Mississippi has a skilled, dedicated workforce, and I thank the company for once again placing its confidence in our workers and in our business climate. I wish the company much success in Tishomingo County.”
“Contract Fabricators, Inc., searched in several states for a waterfront location. We were most impressed with the teamwork in Mississippi and Tishomingo County,” said Contract Fabricators Vice President and Co-owner Mike Clarkson. “We appreciate the fine partnership we enjoy with the state and county and look forward to growing our business in Mississippi.
The Mississippi Development Authority supported Contract Fabricators with this project, providing assistance for the purchase of the facility in which Contract Fabricators is located, as well as assistance for the construction of an on-site barge facility.
Headquartered in Holly Springs, Contract Fabricators supplies pressure vessels, reactors, cyclones, dryers, heat exchangers, evaporators, distillation, fabrication and stripping columns for the plastics, chemical, petroleum, food, beverage, paper and other industries. To learn more, visit www.contractfab.com.