Hundreds of new jobs are coming to the Golden Triangle area.
Peco Foods, the nation’s eighth largest poultry producer, is opening new operations in West Point. The company is investing $40 million in the project and will create 300 new jobs in the Golden Triangle over the next four years.
After the announcement, Governor Bryant applauded the company for their investment and says that it shows how quickly the region is growing.
“The addition of the West Point facility to Peco Foods’ portfolio and the creation of so many new jobs for the people of the Golden Triangle demonstrate how existing companies in our state benefit from our productive workforce and prime location in the fastest growing region of the U.S.,” Gov. Phil Bryant said.
According to a news release, Peco Foods is acquiring the 185,000 square-foot warehouse formerly occupied by AmeriCold and strategically located on 37 acres near interstate and major rail corridors. The West Point location will provide freezer, cooler and storage space, enabling the company to serve its large and diverse customer base.
CEO of Peco Foods Mark Hickman said that the location will help suit the company and their needs moving forward.
“We are extremely pleased to join the dynamic and growing industrial environment in the Golden Triangle. We want to thank the Mississippi Development Authority and everyone on the GTR LINK team for helping bring this exciting project to completion. They are one of the premier regional development leaders in the South, and it has been a privilege to work with them throughout the process,” said Peco Foods CEO Mark Hickman. “The addition of this new cold storage facility is a key component of our growth strategy and is perfectly tailored to meet our current needs as well as future plans.”
The Mississippi Development Authority is providing assistance for wastewater and infrastructure improvements. Mississippi Works funds are also being made available for workforce training. The city of West Point is providing a water and sewer rate reduction to the company.
“MDA appreciates the Peco Foods team for bringing new life – and hundreds of new careers – to an existing facility in West Point,” said MDA Executive Director Glenn McCullough, Jr. “This win is the result of our teamwork with the Golden Triangle Development LINK, the city of West Point and Clay County in support of Peco Foods’ continued growth in Mississippi.”
The unemployment rate in Mississippi remains at record lows, and this announcement comes less than a week after Toyota announced a $170 million investment in north Mississippi which will create 400 jobs.