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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 This material may not be published, broadcast, rewritten or redistributed.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 106 318 6,336
MORTGAGES 131 363 7,084
FORECLOSURE NOTICES 0 31 995
BUILDING PERMITS 178 482 13,795
BANKRUPTCIES 40 208 4,301
BUSINESS LICENSES 23 82 2,895
UTILITY CONNECTIONS 0 79 1,820
MARRIAGE LICENSES 14 51 1,231