Bryant announces plans for commercial vehicle plant in Hinds County

CLINTON, Miss. (WJTV) — Gov. Phil Bryant announced Monday that  Continental Tire the Americas, LLC will put a commercial vehicle tire manufacturing plant near Clinton.

The project will create about 2,500 jobs. This is a corporate investment of about $1.45 billion.

“Today is truly a great day for the state of Mississippi and our thriving automotive industry as we officially welcome Continental to Hinds County. The company’s decision to bring 2,500 new jobs to Central Mississippi speaks volumes about our dedication to developing the workforce of the future, as well as a business environment that spurs growth, expansion and innovation,” Gov. Bryant said. “I thank Continental’s Executive Board Member Nikolai Setzer and the entire Continental team for choosing to invest in Mississippi and our citizens. The positive impact this manufacturing plant will have on the region, the state and our automotive industry will be felt for many years to come. I look forward to the company’s success and longevity in Hinds County.”

Continental plans on building a a multi-million-square-foot facility on Norrell Road off I-20 West in Hinds County. Construction of the facility is slated to start in January 2018.

“The project in Hinds County, Mississippi, is part of our global growth strategy. In a first step, the new plant is especially addressing our commitment to grow our commercial vehicle tire business in North America,” said Nikolai Setzer, Continental’s Executive Board Member for the tire business. “The announcement of a new tire plant in the U.S. is the second in just five years for Continental. We thank the state of Mississippi, Hinds County and the city of Clinton and Governor Bryant for his leadership in bringing us to the Jackson area, and we look forward to a strong business relationship for years to come.”

On Feb. 4, the Mississippi Legislature voted on an incentive package in support of the project.

Lawmakers approved $263,000,000 through the Mississippi Major Economic Impact Authority for site acquisition and site preparation, infrastructure improvements and workforce training. Of that amount, Hinds County contributed $20 million.

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s