Consultants Forum Advertise
Subscribe
Close

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development - Site Selection, Facility Planning and Workforce Development

Regions Plans Hattiesburg, Mississippi Operations Center

04/17/2017
Regions Bank will build a 75,000-square-foot operations facility in Hattiesburg, Mississippi. The company plans to invest $23 million and create 91 jobs.

The new operations center will accommodate Regions Bank associates who currently work across various business groups at Regions’ Kress, Front Street and Forrest Tower facilities in downtown Hattiesburg. The facility will be located at the intersection of Lamar Boulevard and Lincoln Road.

Additionally, a private developer has secured the current office space downtown for future redevelopment opportunities, allowing for further investments into the downtown area, the Mississippi Development Authority said.

“Regions Bank is committed to Hattiesburg, the Pine Belt and the state of Mississippi,” said South Mississippi President for Regions Bank Greg Garraway. “People who work for Regions in Hattiesburg are dedicated to serving customers here at home and across the country. When it came time to grow and expand our operations, we knew we wanted to do so here in this community.”

Regions currently employs more than 300 in the Hattiesburg area. Once complete, the new operations center will house approximately 420 Regions employees. Following the transition of office personnel to the new facility, Regions plans to continue its branch-banking presence in downtown Hattiesburg.

Mississippi Development Authority is providing assistance for site preparation and infrastructure improvements. The city of Hattiesburg and Lamar County are also providing assistance.

“Hattiesburg and the Pine Belt Region have celebrated significant economic development wins in recent years. Regions’ investment in this new facility and commitment to adding 90 new jobs, bringing the company’s total employment in the city to more than 400, will benefit the local community for many years to come,” Governor Phil Bryant said.

“The addition of 91 new career opportunities for the people of Hattiesburg is a strong testament to the fact the city and county are well-positioned for continued community and economic growth,” said MDA Executive Director Glenn McCullough, Jr. “We salute the teamwork of the Area Development Partnership, the city of Hattiesburg and Lamar County which, together with MDA, played an integral role in making this expansion possible.”

Share

Exclusive Research