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SMW Manufacturing Expands Lafayette County, Miss., Manufacturing Complex
SMW Manufacturing (https://www.smw-mfg.com/) is expanding operations in Lafayette County, Mississippi. The company will invest $4 million and create 25 jobs.
According to the Mississippi Development Authority, which as an incentive is providing assistance for equipment relocation, the expansion supports the company's new contracts, as well as its rapid growth in North Mississippi.
With experience in cold forming and machining, SMW manufactures components for the heavy truck, automotive, mining, construction, and industrial markets. In 2017, the company announced it would take over operations in the former Caterpillar facility in Lafayette County, MDA said. For the expansion, SMW is relocating equipment from Minnesota to Mississippi to accommodate the increased production.
"SMW Manufacturing's presence in Oxford, Mississippi, just reached its first anniversary at the beginning of July. To say that we are pleasantly surprised by the successes we've achieved in this first year would be quite the understatement," said SMW General Manager and Vice President of Operations Rich DesCoteaux. "The team chosen to manage and operate the Mississippi location are all locally grown talent; SMW did not transplant a single employee. Because of the get-it-done attitude and ability to learn new concepts, the plans to populate new business into Oxford have been accelerated. We greatly appreciate the support provided by the state of Mississippi, Lafayette County, and the city of Oxford."
"SMW's expansion exemplifies the state's supportive business environment coupled with a talented workforce, which effectively enable industry leaders to achieve their goals in Mississippi," said MDA Executive Director Glenn McCullough, Jr. "MDA is proud to support SMW as the company creates exciting new career opportunities for the people of North Mississippi."
The addition of the 25 new jobs brings employment at SMW to 75. The company has committed to filling the new jobs over the next four years, MDA officials said.
"The productive workforce in North Mississippi was instrumental in SMW's decision to expand its operations in Lafayette County. We are committed to ensuring companies such as SMW have access to a talented labor pool so they may enjoy years of growth and success in our great state," Governor Phil Bryant said.
An earlier version of this report, republished with permission of Halcyon Business Publications, Inc., appeared on August 2, 2018, in Area Development Online:
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