MS: Luvata Announces Expansion of Operations in Grenada
24 Feb, 2012
Officials from Luvata, a world leader in metal solutions manufacturing and engineering services, have announced the company is expanding production capabilities at its Grenada, Miss., facility in order to pursue new market opportunities. The expansion represents a company investment of $1 million and will create 20 new jobs.
“I applaud Luvata officials for their decision to further expand in Grenada and create additional job opportunities for Mississippi workers,” Governor Phil Bryant said. “The company’s continued investment in Mississippi is a great testament to the quality of our state’s workforce and our business climate.”
“Luvata is a world leader in heat transfer technology and related engineering and design services, and we are launching several new products manufactured right here in Mississippi. With the additional grant funds, we are looking forward to providing additional employment opportunities for our community,” said Luvata Grenada’s Director of Manufacturing Ed Muilwyk. “We would like to thank the Mississippi Development Authority, the Grenada Economic Development District and Grenada County who have worked closely with us to support our expansion efforts.”
This latest expansion marks the company’s second in Grenada in under a year. In August 2011, Luvata expanded operations at its aluminum production plant, also with the goal of capturing new opportunities in the marketplace. That project was a $1 million company investment, as well.
“Luvata’s Grenada operations are providing metal services to customers around the globe, and I am pleased the company is once again expanding to reach an even wider range of consumers,” said Jim Barksdale, Mississippi Development Authority (MDA) interim executive director. “I thank the company for its ongoing commitment to its workers and to doing business in Grenada, and I am grateful MDA was able to assist with this project.”
MDA worked closely with company and local officials to support the project, providing funding for improvements to the publicly-owned facility in which Luvata is located. Grenada County also provided assistance for improvements to the facility.
Luvata is the leading international metals supplier of solutions, services, components and materials for manufacturing and construction. Luvata’s solutions are used in industries such as renewable energy, power generation, architecture, automotive transport, medicine, air conditioning, industrial refrigeration, consumer products and construction. The company employs over 7,000 staff members in 18 countries and works with consumers such as Siemens, Toyota, CERN, Shaaz and DWD International.
To learn more about Luvata, please visit the company’s website at www.luvata.com.
About Mississippi Development Authority
Mississippi Development Authority is the State of Mississippi’s lead economic and community development agency. Approximately 300 employees are engaged in providing services to businesses, communities and workers in the state. While the agency is best known for its efforts to recruit new businesses to Mississippi, the Authority provides services to promote tourism, help communities improve their quality of place, help existing employers identify and meet opportunities and challenges and help workers improve their skills – all with the goal of improving the quality of life and economic well-being of Mississippians. For more information, visit MDA’s website at www.mississippi.org