Adranos Incorporated has become the latest company in Mississippi to announce an expansion.
The solid rocket fuel innovator announced Thursday that it will locate its rocket motor research and development operations in McHenry in Stone County. The $525,000 corporate investment will create 20 new jobs.
“Mississippi continues to make strides in our efforts to send astronauts once again to the moon and beyond. The newest company to join the ranks of others in this mission, Adranos, will further bolster our position as a leader in space exploration,” Governor Tate Reeves said. “The company’s environmentally friendly, next-generation rocket fuel will be advanced by Mississippians in Stone County, and we are proud to partner with them and with Adranos as we continue to make history on the Mississippi Gulf Coast and for our nation.”
Adranos specified that the site, where they will build a rocket motor test stand, will be close to Stennis Space Center. Once the stand is built, the company plans to perform a series of tests of its next-generation rocket fuel, the first of which will occur during the summer of 2021.
The Mississippi Development Authority is providing assistance for the construction of the test stand.
“South Mississippi’s workforce is second-to-none and plays a critical role in the region’s efforts to explore the depths of outer space, and now 20 more of the area’s residents will have the opportunity to be an active part of this important mission,” MDA Interim Director John Rounsaville said. “We are grateful to the Stone County Economic Development Partnership and Cooperative Energy for their support of this company. As a result of their teamwork, new jobs and investment are being realized in Stone County and beyond as Adranos prepares to ramp up production of its state-of-the-art rocket fuel.”
During Thursday’s press briefing, Governor Reeves praised the recent decisions made by companies to locate and expand in Mississippi.
“These businesses know which states will shut them down on a whim and they know which states will respect the rights of their workers to earn a living. Mississippi is never going back to the national shut down days of the spring. We will fight the virus. We recognize it is real, but we will also make sure that your life goes on,” he said.
Adranos plans to fill the 20 jobs by the end of 2023.