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VOL. 130 | NO. 147 | Thursday, July 30, 2015

Memphis Steel Fabricator to Expand in Mississippi

AP

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HOUSTON, Miss. (AP) — Quality Iron Fabricators will invest $4.9 million to expand its Chickasaw County facility and hire 50 workers, bringing total employment to 70.

The structural steel fabricator, based in Memphis, made the announcement Wednesday. It will build a 90,000-square-foot addition on land in Houston that it will lease from Chickasaw County.

The Mississippi Development Authority is giving Quality Iron $450,000 to pay for site preparation, and $50,000 to help move equipment from a former location the company closed in Hammond, Louisiana.

The county is leasing land to the company at a market rate and intends to grant 10-year breaks on property taxes. The projected value of those breaks weren't released Wednesday.

The Mississippi Development Authority says the average worker will make $40,000 a year.

Houston is located about 130 miles southeast of Memphis.

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 31 327 17,870
MORTGAGES 49 409 20,835
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 129 800 36,616
BANKRUPTCIES 51 243 11,925
BUSINESS LICENSES 21 117 5,677
UTILITY CONNECTIONS 41 215 12,248
MARRIAGE LICENSES 29 121 4,478

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