Mississippi is getting ready to welcome a new global leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles, is expanding in Water Valley.
BorgWarner is a $20 million corporate investment that is expected to bring in 75 jobs over the next two years.
“BorgWarner’s Water Valley locations has expanded and added jobs five times in less than a decade – a tribute to the talented workforce found in Yalobusha County and the state’s supportive business climate,” Gov. Phil Bryant.
The expansion will help meet the growing demand for advanced transmission technologies that include Eco-Launch stop/start accumulator and the mini direct-acting variable force solenoid.
“We are delivering products for the new generation of efficient transmissions compatible with hybrid stop/start functionality required on new vehicle models,” said Plant Manager Ray Robertson. “We are pleased to expand our operations in Water Valley and appreciate the support we’ve received from the state and the Mississippi Development Authority.”
MDA is providing financial assistance for building improvements.
Studies have shown that the automotive sector is a major driver for Mississippi’s economy that also provides well-paying careers for thousands of Mississippians. BorgWarner will improve Mississippi’s status as a global leader in the Southern Automotive Corridor.
Currently the company employs 500 people in water Valley.