Yancey Engineered Solutions invests $20.8M to locate manufacturing operations in Mississippi
Yancey Engineered Solutions has announced plans to locate operations in Batesville, Mississippi. The company, which manufactures generator enclosures and fuel tanks, will invest $20.8 million into the project, creating 250 new jobs in the process. The project is expected to be completed in the next three years. To help support the project, the Mississippi Development Authority (MDA) will provide Yancey with assistance through the Mississippi Flexible Tax Incentive, or MFLEX, program. Additional support will also come from AccelerateMS, Tennessee Valley Authority, city of Batesville, Panola Partnership and the Panola County Board of Supervisors.
What people are saying
In a recent quote, Yancey Bros. Co. Chairman and CEO Trey Googe said, “We are excited to locate our next manufacturing facility for Yancey Engineered Solutions in Batesville. The community has been very welcoming, and we were impressed with the Batesville-Panola County region’s strong workforce development commitment. We look forward to serving our customers and an important segment of the U.S. economy through our Batesville operations.”
Governor Tate Reeves added, “I am proud to welcome Yancey Engineered Solutions as the newest member of Mississippi’s thriving business community. The past few years have been incredible for economic development in the state, as we’ve attracted record-breaking investments from industry leaders and created tens of thousands of jobs in our communities. This investment and the creation of 250 jobs by Yancey Engineered Solutions continue that trend into 2025.”
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