Industrial Timber is expanding its operations in Ripley with an investment of more than $2.6 million.
The company plans to create 11 jobs as part of its latest project in Mississippi. Industrial Timber is the nation’s largest independent furniture frame manufacturer and supplier of custom wood-based solutions.
The expansion includes the rehabilitation of the company’s Ripley facility, the construction of a new 36,000-square-foot building, and the addition of new machinery and equipment to support the domestic manufacturing needs of major furniture brands’ bed slat production.
In addition to its Ripley site, Industrial Timber notably has locations in Tupelo and Mantachie. The Ripley expansion is expected to wrap up sometime this fall.
“Furniture manufacturing has helped shape North Mississippi’s economy for generations, with companies like Industrial Timber continuing to create jobs for hardworking Mississippians,” Gov. Tate Reeves said.
“With three locations in our state, the company’s latest investment speaks to the momentum of our manufacturing sector and the workforce that powers it. Reinvestment projects like this create new opportunities for workers and help keep Mississippi’s economy growing.”
As is the case with many major economic development projects in the state, the Mississippi Development Authority is providing assistance through the Mississippi Flexible Tax Incentive program.
“One of the clearest measures of a strong business climate is when companies already operating in Mississippi choose to invest again,” Mississippi Development Authority Executive Director Bill Cork said.
“Industrial Timber knows what Mississippi can deliver, and it’s putting another $2.6 million behind it. MDA’s proud to support domestic production and help Mississippi supply more of what America needs right here at home.”
Tippah County is supporting the project as well.
