Vertex Aerospace Madison, Mississippi Location Named Corporate Headquarters
The announcement marks a $1.42 million corporate investment and creates approximately 70 jobs over the next two years. The company’s Madison facility currently employs more than 340 workers with an additional 856 working throughout the state.
“We are very pleased to name Madison, Mississippi as the new corporate headquarters of our global aerospace company,” said Vertex Aerospace President & CEO Ed Boyington. “Our company was originally founded here in Mississippi in 1975, and our desire is to continue to support our state’s economy providing highly skilled technical and professional jobs to keep our talent in Mississippi.”
As an incentive, Mississippi Development Authority is providing assistance for building improvements and workforce training. Madison County Economic Development Authority is the local sponsor for the incentives and will work with the company and Madison County for any additional tax assistance.
“Vertex Aerospace has long been known around the state, the U.S. and the world as an industry leader in the aerospace sector, supporting our military. The company’s decision to locate its headquarters in Madison and bring new jobs to Central Mississippi will positively benefit the company, as well as the region’s economy, for years to come,” Governor Phil Bryant said.
“We are pleased to support Vertex Aerospace as the company locates its headquarters in our state, creating dozens of new career opportunities for people in the Madison county area,” said MDA Executive Director Glenn McCullough, Jr. “This exciting announcement is the result of the teamwork of Madison County, the Madison County Economic Development Authority and MDA scoring another economic development win for Mississippi.”
On the Hunt for a Productive New Biomanufacturing Site?
Labor Challenges in the Industrial and Manufacturing Sectors Persist
Workforce Q4 2021
Changes in the Incentives Landscape
Solutions for Decisively Navigating the Location Decision
Talent-Based Location Strategies
Workforce Q4 2021
2021 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts