Subscribe
Close
  • Free for qualified executives and consultants to industry

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

Renew

North MS Tool Expands to Ripley, Mississippi Plant

09/27/2018
North MS Tool, Inc. is investing $700,000 to expand its growing production center and relocate operations from Booneville to Ripley, Mississippi.

The company, which specializes in tool and die manufacturing for customers such as Winchester, Plumrose, American Pipe, SMW and CECA, is renting a facility from CECA Forge, where it began operations in August. North MS Tool’s Booneville facility has been sold.

As an incentive, the Mississippi Development Authority is providing assistance for electrical work in the Ripley facility.

“We appreciate the Mississippi Development Authority along with the Tippah County Development Authority for working with us to make this move to Tippah County. It will enable our company to grow and better serve our existing customers,” said North MS Tool President Mark Floyd.

“When our existing companies, such as North MS Tool, choose to grow in the state, they are showing the world Mississippi is a great place for business, a place where companies can maintain their competitive edge and attain long-term growth and success,” Governor Phil Bryant said.

“This year, more than 80 percent of state-assisted economic development announcements have been expansions of our existing corporate citizens,” said MDA Executive Director Glenn McCullough, Jr. “North MS Tool’s decision to expand and create new career opportunities for the people of North Mississippi is evidence of the supportive business climate leaders at the state, regional and local levels work hard to create, enabling companies to achieve their goals in Mississippi.”

Share

Exclusive Research