IUKA, Miss.--One hundred new jobs are coming to northeast Mississippi. Contract Fabricators is expanding its Magnolia State operations and is moving into a 97,000 sg. ft. building, formerly occupied by Dynasteel. The company already has an operation in Holly Springs. That company will bring 50 jobs.
Denman Steel, based in Grand Rapids, Mich., is also opening a facility in Iuka at Yellow Creek Port. That facility is 50,000 sq. ft. and will bring with it another 50 jobs.
State officials, Tishamingo County officials and the governor joined in ribbon-cuttings Tuesday at both sites.
“I am always pleased when one of Mississippi’s existing businesses chooses to expand and further invest in its operations,” said Gov. Phil Bryant. “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 total investment by Contract Fabricators is $1 million.
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.
As for Denman Steel, the comany's investment in Mississippi is $7.4 million.
“We welcome Dennen Steel as the newest member of Mississippi’s business community,” Gov. 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 company 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.