AGP Executive Report
Last update: 7 hours agoDefense Manufacturing: Fairbanks Morse Defense broke ground on a $60 million expansion of its Bird-Johnson facility in Pascagoula, intended to double naval propulsion capacity. The project adds 38,000 square feet and two heavy-duty machining centers, with production expected to begin in early 2028. Technology Manufacturing: TP-Link plans to assemble Wi-Fi 8 routers in Mississippi through a deal with Key Tronic, bringing more electronics production to the state. Distribution and Rail: ALO is investing more than $176 million in a Southaven distribution center. Separately, $27 million in federal funding will upgrade Black Belt rail infrastructure, while Mississippi is set to receive $35 million for export rail improvements. Investment and Jobs: Koinonia brings a $7.7 million investment to Drew, and Barge Forest Products plans an $8.3 million investment in Macon. Workforce and Energy: Mississippi State University is expanding workforce training through its ACE Composites Program, while Entergy Mississippi will receive a $4.2 million federal grant for transmission upgrades.
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