Toolmaker to hire 660, invest $33.4M in 3 Mississippi cities - WLOX.com - The News for South Mississippi

Toolmaker to hire 660, invest $33.4M in 3 Mississippi cities

GREENWOOD, Miss. (AP) - Milwaukee Tool will add 660 jobs overall at three Mississippi locations, investing $33.4 million to make and distribute more power tools.

The unit of Hong Kong-based Techtronic Industries said Wednesday that it will expand production and distribution at facilities in Greenwood, Olive Branch and Jackson. The expansions over the next four years will bring Milwaukee Tool's statewide employment to nearly 2,300.

Mississippi Development Authority spokeswoman Tammy Craft says the state is giving Milwaukee Tool nearly $11 million for infrastructure and building renovations. The state will loan Greenwood $5 million to buy a building and replace a parking lot. Milwaukee Tool will repay that loan through lease payments.

Craft says Milwaukee Tool expects to seek property tax breaks, but didn't specify a value.

The company declines to release pay levels.

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • NEWSMore>>

  • Bay St. Louis police investigate gunshots in the city

    Bay St. Louis police investigate gunshots in the city

    Monday, December 18 2017 9:59 AM EST2017-12-18 14:59:19 GMT
    (Photo source: WLOX)(Photo source: WLOX)

    Bay St. Louis police chief Gary Ponthieux says that at some point Monday, he hopes to release new information about a shooting on Sycamore Street. So far, the chief has shared preliminary information. At just before 3:00 p.m. Sunday, officers were called about a shooting in the area of Sycamore Street and St. Francis Street. When the officers arrived, Ponthieux reports they found two gunshot victims in a wrecked car. They also found a third injured person in the area.

    More >>

    Bay St. Louis police chief Gary Ponthieux says that at some point Monday, he hopes to release new information about a shooting on Sycamore Street. So far, the chief has shared preliminary information. At just before 3:00 p.m. Sunday, officers were called about a shooting in the area of Sycamore Street and St. Francis Street. When the officers arrived, Ponthieux reports they found two gunshot victims in a wrecked car. They also found a third injured person in the area.

    More >>
  • Penn National places $2.8 billion bet on Pinnacle Entertainment

    Penn National places $2.8 billion bet on Pinnacle Entertainment

    Monday, December 18 2017 8:09 AM EST2017-12-18 13:09:44 GMT

    The owners of the Hollywood Casino in Bay St. Louis and Boomtown Casino in Biloxi are broadening their portfolio. Penn National Gaming will buy Pinnacle Entertainment. The purchase price announced Monday is more than $2.8 billion.

    More >>

    The owners of the Hollywood Casino in Bay St. Louis and Boomtown Casino in Biloxi are broadening their portfolio. Penn National Gaming will buy Pinnacle Entertainment. The purchase price announced Monday is more than $2.8 billion.

    More >>
  • Gulfport flights slowly getting back on schedule

    Gulfport flights slowly getting back on schedule

    Monday, December 18 2017 7:41 AM EST2017-12-18 12:41:43 GMT
    Planes line up on the ground after a power outage brought traffic to a halt at Hartsfield-Jackson International Airport in Atlanta. (Source: @dsalley24/TwitterN)Planes line up on the ground after a power outage brought traffic to a halt at Hartsfield-Jackson International Airport in Atlanta. (Source: @dsalley24/TwitterN)

    They finally restored power at Atlanta's airport. Flights are once again taking off and landing at the world's busiest airport. That's starting to ease the congestion at places like Gulfport Biloxi International Airport.

    More >>

    They finally restored power at Atlanta's airport. Flights are once again taking off and landing at the world's busiest airport. That's starting to ease the congestion at places like Gulfport Biloxi International Airport.

    More >>
Powered by Frankly