MS: New Way Trucks to Manufacture in Booneville, Creating 100 Jobs
22 Oct, 2019
Recycling and refuse equipment manufacturer New Way Trucks is opening operations in Booneville. The project is a $2.5-million corporate investment and will create 100 jobs.
"The addition of New Way Trucks to the Booneville business community shows industry leaders around the country that Mississippi is the place where manufacturing companies seeking a top-notch, skilled workforce and supportive business environment can expect to enjoy years of growth and success," Gov. Phil Bryant said. "Leaders at the state and local levels are dedicated to strengthening communities through economic growth, as evidenced by New Way's commitment to create 100 jobs in Prentiss County."
New Way Trucks, the largest privately held manufacturer of refuse and recycling equipment in North America, is locating in the former Wolverine Tube building in the Booneville/Prentiss County Industrial Park. There, employees will manufacture a full line of refuse trucks designed for the collection of residential and commercial solid waste.
“We are thrilled to be working with the team from Booneville, Prentiss County,and the state of Mississippi who have already made us feel at home,” said New Way CEO Mike McLaughlin.
New Way Trucks, dubbed the fastest growing company in the $80 billion North American refuse industry, offers the broadest line of refuse collection equipment of any refuse truck manufacturer.
“Our products are in high demand, and a new Mississippi facility provides a strategic advantage that will benefit our customers and extensive dealer network,” said New Way Trucks Executive Vice President Johnathon McLaughlin. “A fourth manufacturing facility will allow New Way to establish a new industry standard in efficient, time-critical solid waste equipment deliveries meeting the demand of our dealers and end users.”
The Mississippi Development Authority and Prentiss County are providing assistance for the purchase of the facility, which the company will lease from the county. New Way also qualifies for the Advantage Jobs Rebate program, which provides a cash rebate to eligible businesses that create jobs that meet or exceed the average annual wage of the state or county in which the company locates.
"The MDA team is grateful to New Way Trucks for bringing 100 new career opportunities to Mississippians in Prentiss County," said MDA Executive Director Glenn McCullough, Jr. "New Way's decision to locate in Prentiss County is great for the company, as Mississippi offers robust advantages to companies, enabling them to achieve their goals in our state. The people of Booneville and Prentiss County will benefit through a stronger, more vibrant economy for many years to come."
New Way expects to begin operations in Booneville within the next three months.
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