Ice Industries Expansion to Bring Unique Opportunities to Grenada Facility
The Grenada Economic Development District (the EDD) announced today that Ice Industries, Inc. (dba Ice Industries Grenada) has selected a site in the Business & Technology Park North to locate its third manufacturing plant in the State of Mississippi. The 80,000 square foot plant will be Ice Industries’ second manufacturing location in the City and will bring their total Grenada footprint to 420,000 square feet, making Ice Industries Grenada the largest manufacturing center in the company’s system.
This Ice Industries expansion will be the first plant location in Grenada’s new Business and Technology Park North.
The project represents an investment of more than $15 million in building and machinery, the installation of two 3,000 ton Komatsu presses, and the creation of 100 new direct jobs, bringing the company’s total number of employees in Grenada to nearly 400. The additional capacity afforded through this project differentiates Ice Industries as a supplier in the automotive sector by adding unique high tonnage, large bed size, automated transfer stamping capabilities, which are in short supply in the Southeast United States. Ice Industries supplies parts to a number of markets, including the appliance, automotive, furniture, heavy truck and alternative energy markets.
Mississippi Governor Phil Bryant called this latest expansion of Ice Industries “a strong testament to the fact that Mississippi is a place where companies can grow and enjoy long-term success. The expansion also speaks volumes about the productive workforce found in Grenada County,” he said, adding, “I thank the company for being such a great business partner to the state and for once again creating so many new job opportunities for the area’s workers.”
”We look forward to the opportunities this expansion provides our company to increase our capabilities and add value for our global customer base. This investment reflects Ice Industries’ continuing commitment to world class manufacturing in Grenada, Mississippi,” said Howard Ice, chairman and CEO of Ice Industries.
Grenada County and Tennessee Valley Authority provided assistance in support of this project through industrial park and site preparation. Mississippi Development Authority provided assistance for the relocation and installation of equipment, public infrastructure needs, and the construction of a rail spur.
“TVA and Tallahatchie Valley Electric Power Association congratulate Ice Industries, Grenada County officials, and the State of Mississippi on this exciting announcement,” said John Bradley, TVA Senior Vice President of Economic Development. “We have enjoyed our partnership with the Grenada team in the preparation of the Business and Technology Park North through our InvestPrep program and now through the recruitment of Ice Industries.”
Glenn McCullough Jr., MDA executive director, said that MDA is “proud once again to partner with Ice Industries as the company grows in Grenada and creates new career opportunities for Mississippians. We salute the leadership and hard work of the Grenada County Economic Development District, Grenada County Board of Supervisors, and TVA who work together with the MDA team to provide economic opportunities for the people of Grenada County.”
“The Grenada EDD, MDA, and Grenada County Board of Supervisors worked diligently to secure this job creation opportunity for the State and the community of Grenada. We are excited that they have ratified their commitment to our community by selecting Grenada for their new manufacturing plant and we are proud to see the company continue to grow and create jobs in our community.” said Pablo Diaz, executive director of the EDD.