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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 This material may not be published, broadcast, rewritten or redistributed.

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 140 207 19,653
MORTGAGES 128 196 22,629
FORECLOSURE NOTICES 8 13 2,935
BUILDING PERMITS 166 367 40,371
BANKRUPTCIES 40 102 12,588
BUSINESS LICENSES 16 33 6,407
UTILITY CONNECTIONS 31 81 7,476
MARRIAGE LICENSES 24 47 4,500