WALNUT, Miss. (WTVA)-- There was a big announcement in Tippah County Wednesday afternoon, and state and local officials broke ground on a new manufacturing plant.
The Aluma-Form Company will build in the Walnut Industrial Park and employ around 125 people.
After months of negotiations, the Memphis based company will build overhead distribution products.
"This is a great company. Aluma-Form has been in business for over 30 years. They're a great manufacturer. Again, Mississippi makes things and they understand that the workforce here in north Mississippi is unparelled," said Governor Phil Bryant.
"If you ride down the road and you look up at a pole, we make the bracketry the fiberglass hardware, the fiberglass crossarms, the cut-outs that switch the transformer on and off," said CEO Fred Newman.
The company is investing almost $7 million in the move.
Tippah County officials say the move could not have come at a better time.
"Well, I think Tippah is like a lot of counties. It's tough right now. Economic development is a super positive thing. It's the number one thing on our agenda," replied Tippah County Board of Supervisors President Eddie Stroupe.
"And, as you heard earlier from our CEO, it was the workforce, it was incentive, it was the team. It was the community that brought them here to Walnut and Tippah County," said Governor Bryant.
"So, our competitors that we compete against, they make the majority of their products overseas, and the bulk of them in China. We don't. We make them all here. We can do that here. We're efficient enough to do it here," said Newman.
"We're looking at this company being here for decades. And, I think it's a great plus. They're a very solid company and wer'e excited to have them," added Stroupe.
Company officials believe the plant will be up and running by this time next year and ship products all around the world.
The facility will be located just off of Highway 72 West on Pulliam Road.