Foamcraft Expands Manufacturing Center In Tupelo, Mississippi
For the expansion, Foamcraft will expand into the 115,000-square-foot facility formerly occupied by Fibre Craft. Foamcraft will also continue to operate from its current 75,000-square-foot location, which is located across from the Fibre Craft facility.
“We are excited to expand our operations here in Tupelo. As our many of our customers have expanded in recent months, so must we,” said Foamcraft President Jim Hensley. “This project will allow us to meet those increased production demands and continue our growth plan put into motion in 2011.”
Mississippi Development Authority provided assistance in support of the project to modify the company’s existing dock facilities.
“Foamcraft is a great business partner to the state of Mississippi, and this expansion will position the company for many more years of prosperity in Tupelo,” said MDA Executive Director Glenn McCullough, Jr. “We salute the talented team at the Community Development Foundation for working with MDA to support this company growth, creating new job opportunities for the people of Northeast Mississippi.”
“Foamcraft’s decision to expand its manufacturing presence is great news for Tupelo, Lee County and the north Mississippi region. The creation of these new jobs will benefit the local economy and improve the quality of life for the area’s residents well into the future,” Governor Phil Bryant said. “I thank the Foamcraft team for once again placing its confidence in our business climate and workforce, and I wish the company many more years of success in Tupelo.”
Supply Chain Bottlenecks Creating New “Logistical Hotspots”
The “Great Resignation” Is Impacting Corporate Relocations
Workforce Q4 2021
Changes in the Incentives Landscape
2020 Top States for Doing Business Showcase Their Pro-Business Environments
2021 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
How an International Business Can Enter the U.S. Market Via M&A