Peco Foods has announced plans to open a plant in northeast Mississippi to make and distribute frozen chicken products. The Seattle Times reports that the company will invest $40 million in West Point, Miss., hiring 300 people over the next four years.
“The addition of this new cold storage facility is a key component of our growth strategy and is perfectly tailored to meet our current needs as well as future plans,” Peco Foods CEO Mark Hickman said in a statement.
Peco Foods acquired a vacant 185,000-square-foot cold storage warehouse in December, which it will renovate for the project. The state is providing tax breaks, as the new facility is in an area with high unemployment rates.
“This company is providing jobs in a sector we’re familiar with, in a more advanced environment, with a high rate of pay for our citizens,” West Point Mayor Robbie Robinson said in a statement.
Source: AP via Seattle Times