Hol-Mac, a manufacturer and supplier of steel fabrications, cylinders and tanks, invested $3.8 million to expand its manufacturing facility at the company’s location in Bay Springs, Mississippi, creating 150 jobs, 100 of which are already in place. This latest expansion involves the addition of approximately 40,000 square feet to one of the company’s facilities in order to accommodate an increase in production.
“Each member of the Hol-Mac team is excited to celebrate the ribbon cutting of our expanded facility in Bay Springs,” said Jamie Holder, president and chief operating officer of Hol-Mac Corporation. “We’ve received tremendous support from the Mississippi Development Authority and our local community and look forward to the continued growth of our business.” Hol-Mac last expanded its operations in 2010, a $2.5 million company investment that created 35 new jobs.
“I am grateful to Charles, Jamie and Jeffrey Holder for continuing to invest in Hol-Mac and the state of Mississippi and for their ongoing commitment to creating jobs for Mississippi’s workers,” Governor Phil Bryant said. “Hol-Mac has been a valued member of the Bay Springs community and valued business partner to the State of Mississippi for fifty years, and I appreciate the company for its continued trust in our business climate and confidence in our workforce.”
The Mississippi Development Authority provided assistance in support of the project through the Existing Industry Productivity Loan program for the purchase of new equipment. The agency also provided assistance through the Development Infrastructure Program for the construction of the building additions. Jasper County and the City of Bay Springs provided assistance for the project, as well.
“It is always exciting when an existing business continues to invest and grow its Mississippi operations, as it is a testament to the state’s business-friendly climate and skilled workforce,” said MDA Executive Director Brent Christensen. “I thank the Holder family for expanding its facilities once again and our partners in Jasper County and the City of Bay Springs for working with us to make this project possible. I wish Hol-Mac many more years of success in Bay Springs.”