» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 133 | NO. 119 | Thursday, June 14, 2018

Automotive Supplier Expands Manufacturing in Mississippi

The Associated Press

Print | Front Page | Email this story | Comments ()

IUKA, Miss. (AP) – A German company that makes automotive parts is expanding in northern Mississippi.

Gov. Phil Bryant says Wednesday that hago Automotive Corp. will add 60 jobs during the next four years.

He says the company is investing $4 million for new equipment in Iuka. It will double the size of the existing 50,000-square-foot (4,645-sqare-meter) facility.

The Mississippi Development Authority says the state is providing a $500,000 grant for infrastructure and is giving Tishomingo County a $3 million loan for construction.

The company does automated stamping, transfer stamping, laser and conventional welding applications, parts washing and cleaning, parts processing and the production of assemblies.

Alfred Geiger, general manager for hago Automotive, says expansion will allow the company to meet the needs of BMW in the U.S., China and South Africa.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 119 482 10,051
MORTGAGES 119 497 11,811
FORECLOSURE NOTICES 29 82 1,716
BUILDING PERMITS 268 1,056 21,366
BANKRUPTCIES 50 263 6,700
BUSINESS LICENSES 28 151 3,584
UTILITY CONNECTIONS 33 172 4,155
MARRIAGE LICENSES 20 111 2,290

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.