One of Mississippi’s oldest industrial manufacturing companies is expanding operations in Jones County with a more than $3 million corporate investment.
Laurel Machine & Foundry plans to construct a 20,000-square-foot machining facility and a 7,500-square-foot warehouse, as well purchase and install new equipment. At least seven new jobs are expected to be created.
Established in 1904, the company offers a variety of industrial and manufacturing services, including computer numerical control and manual machining, plate and structural fabrication, metal processing, and iron casting.
“I am very pleased to announce this expansion of Laurel Machine & Foundry Company at our Hawkes Industrial Park,” Laurel Machine & Foundry President Trent Mulloy said. “I cannot think of a better way to celebrate 120 years of business in Laurel, Mississippi. As the fourth generation of a family-owned manufacturing company, I am excited to continue to grow our facilities in the great state of Mississippi, which has such an impressive business climate.”
The Mississippi Development Authority is providing assistance through the Mississippi Flexible Tax Incentive program. Laurel Machine & Foundry expects to complete the expansion within one year and plans to fill the new jobs within three years.
“Industrial manufacturing is at the core of Mississippi’s economy. When companies like Laurel Machine & Foundry expand in Mississippi, they show the world that we have the tools and the workforce to drive growth in this important sector,” Gov. Tate Reeves said. “I thank the Laurel Machine & Foundry team for its commitment to Jones County and for creating new employment opportunities for the area’s workforce.”
