Governor and Defender of the Realm Phil Bryant issued the following press release:
ABB to Locate Manufacturing Operations in Senatobia, Miss.
JACKSON—Power and
automation technology group ABB announced the company is locating new
manufacturing operations in Senatobia, Miss., in Tate County. ABB will
establish operations in the 85,000-square-foot
facility formerly occupied by Twin Creeks Technologies. The project
will create 200 new jobs by its third year of operation, with another
100 expected to be added by the fifth year.
“I thank the ABB
team for its commitment to creating 300 new job opportunities for
Senatobia’s workforce,” Gov. Phil Bryant said. “ABB’s decision to locate
in Mississippi demonstrates to the world that we
have the competitive advantages needed for success in today’s
fast-paced economy. I wish the company many successful years in North
Mississippi.”
“We are pleased to
locate this manufacturing operation here in Senatobia,” said ABB Low
Voltage Products, Americas Region Division Head Chuck Treadway. “We made
our decision after an extensive search. We found
that Tate County offered an excellent combination of skilled workers,
quality of life and a positive business environment.”
The Mississippi
Development Authority provided assistance in support of the project for
infrastructure needs and workforce training.
"We salute our
partners at the Tate County Economic Development Foundation whose
teamwork with MDA helped bring ABB to our state, creating hundreds of
exciting career opportunities for the people of Tate County
and North Mississippi," said MDA executive director Glenn McCullough,
Jr. "We look forward to ABB's successful growth in Senatobia."
ABB is a leader in
power and automation technologies that enable utility, industry, and
transport and infrastructure customers to improve their performance
while lowering environmental impact. The ABB Group
of companies operates in roughly 100 countries and employs about
140,000 people. The company’s North American operations, headquartered
in Cary, North Carolina, employ about 20,000 people in multiple
manufacturing, service, engineering and other major facilities.
For more information, visit www.abb.com.
18 comments:
Who is their Lobbyist and how much will this cost taxpayers? Should be a nice new client for local friends and family of Haley. Not sure about products but worst name ever... ABB...Really?
ABB is easier than ASEA Brown Boveri. ABB represents the combination of Swedish and Swiss companies.
Former Governor Haley Blowhard, December 2012:
Republican Haley Blowhard, defended the state's $27.7 million investment in Twin Creeks, a San Jose, Calif., firm that's liquidating after a bank pushed the company into selling its technology. The company was supposed to invest $132 million and create 500 jobs in Senatobia.
.....
Blowhard said he's confident that the company will repay any money that Mississippi officials can't get back from the building and equipment that were funded with state loans to the city of Senatobia.
"The state will recover all of its incentives given to Twin Creeks," Blowhard told AP Friday. "I am not worried at all. I think that the risk to the taxpayer is next to nothing."
.....
Blowhard also said the state's investments in Twin Creeks and a number of other alternative energy firms under his administration were not overly risky. Besides that company, Mississippi also signed agreements with alternative energy companies including solar panel maker Stion; smart window maker View, formerly Soladigm; solar silicon maker Silicor Materials, formerly Calisolar; biofuels maker KiOR; and biofuels maker Virdia, formerly HCL Cleantech.
.....
"These things are risky and it sounds like Mississippi is paying the price for a risk that didn't work out," [Good Jobs First Research Director] Mattera said. "The company was unproven and it sounds like the technology it was using was unproven."
And ABB's history began in 1883.
They have a sizable plant in Crystal Springs(bought out Kuhlmann several years back), although it is a different division I believe
Idiot should have declined their offer to build this plant! Mississippians much prefer unemployment to allowing employers tax breaks in return for them spending their millions of dollars to build buildings and crap in.place like Sanatobia and, in the process, putting a lot of money in the pockets of local business owners. Everybody knows this so why is he constantly trying to build a bigger economy in Mississippi? Why can't he get it through his thick head that we don't WANT IT??
The ABB have been worthless since Duane and Berry wiped out.
Not saying this firm will be a winner and realize that screw ups like he beef plant, Kior and the former tenant of this facility can't be defend. But if we sit on our hands and don't try to bring in viable business the hole will keep getting deeper. Every state I know of does the same. It is a very competitive marketplace. Take a look at Texas they do the same thing even for really big name enterprises that don't need the states help. How about some of you hyper critics invest your money too reset jobs? Oh that's right gotta keep up the payments on the doublewide
"Viable business", your operative phrase. No Governor has produced more screw ups than Haley Barbour.
Did I miss it or does the article not state anywhere specifically WHAT will be manufactured? It's a great boon to the area with that many jobs. We should celebrate job creation instead of everybody joining a "Let's shit on Haley" parade every time industry is announced. You lib progressive dems are bitching since it doesn't represent another influx of illegals and imports supported by Catholic Charities. Shut the F up and be glad jobs are coming to the area.
North Missisdippi wins again. McCullough is from there. No knowledge south of I 20. If you're a hammer everything looks like a nail.
Tony Jeff is such a visionary! Said nobody.
"We should celebrate job creation instead of everybody joining a "Let's shit on Haley" parade every time industry is announced."
Sweep it under the rug. Haley was a disaster.
- Fondren Conservative
@Fondren Conservative ~ The thread is about an industry location announcement. Do you get some sort of warm, smarmy feeling every time you get to take a pot shot at the former governor? You might as well bitch about the music at Fondren First Thursday or Fourth Wednesday or whatever that cute, post-teen event is that you show up for.
Haley, if nothing else, kept a democrat out of the governor's office for eight years. That's reason enough to celebrate success. Now, back to your trendy neon.
Fondren Conservatives Don't Exist
You might want to check their precinct totals Sparky. There is a heap of 'em living in there.
Haley fell so far from his original ideals of the early 80's, it is almost like a Greek tragedy. He sold his soul once he got to Washington and dove head first into the trough. He has always been good at the "aww shucks" approach, but to come back here and do it to his own, while he and his family (and major contributors) got richer and richer at MS's expense, is why so many now loathe him. He is/was as crooked as they come. It just took a while for those who liked him the most to notice.
He much more destructive now than he ever was a Governor. #rememberMississippi.
...They have a sizable plant in Crystal Springs(bought out Kuhlmann several years back), although it is a different division I believe...
That's true, and ABB doesn''t give a crap about their retirees, at least the Kuhlmann ones, discontinued all of their retiree insurance, and it was pulling teeth to get control of retirement 401k money.
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