October 16, 2012 In News
IUKA, Miss. – Gov. Phil Bryant and officials from Dennen Steel Corp. cut the ribbon today to officially open the company’s new 50,000 square foot manufacturing facility at Yellow Creek Port in Iuka, Miss. The project represents a $7.4 million company investment and is creating 50 new jobs.
Dennen Steel, a contract stamping manufacturer of steel products, will purchase large master coils from steel mill producers and process steel slit coil into precision stampings, fabricated metal parts and assemblies at the Tishomingo County location.
“We welcome Dennen Steel as the newest member of Mississippi’s business community,” Gov. Bryant said. “The investment and jobs being created by Dennen Steel are further proof that ‘Mississippi Works’, and the company’s decision to locate here will positively impact the community and the state as a whole. I thank the company for its investment in our state, its confidence in our business climate and for creating these new job opportunities for the area’s workers.”
“Today is a great day for Dennen Steel as we celebrate the ribbon cutting of our new facility at Yellow Creek Port,” said Andrew Dennen, chairman and CEO of Dennen Steel. “The support we have received from the Mississippi Development Authority, Tishomingo County, the Appalachian Regional Commission and the Tennessee Valley Authority played a significant role in our decision to locate Dennen Steel’s southern operation here, and we look forward to many successful years in Tishomingo County.”
The Mississippi Development Authority worked with company and local officials to provide assistance to Tishomingo County for infrastructure improvements at the site of the company’s new facility. The Appalachian Regional Commission and Tennessee Valley Authority also provided assistance to help facilitate the project.
“This is an exciting day for Dennen Steel, Iuka and Tishomingo County, and we’re very pleased to officially welcome the company to Mississippi,” said Brent Christensen, MDA executive director. “We thank our partners in Tishomingo County and at the Appalachian Regional Commission and Tennessee Valley Authority who worked to make today possible, and we look forward to watching Dennen Steel grow in north Mississippi in the years to come.”
Headquartered in Grand Rapids, Mich., Dennen Steel is dedicated to supporting its customers with integrated supply chain management system. From direct steel mill purchasing through coil slitting and low- and high-volume contract manufacturing, the company serves leading manufacturers in a diverse range of industries. To learn more, visit www.dennensteel.com <http://www.dennensteel.com> .