List of News Items

September 9, 2021

Summit Plastics increasing production capacity in Summit

Jackson, Miss. (Sept. 9, 2021) – Summit Plastics, manufacturer of custom polyethylene film and bags, is expanding in Summit. The project is a $5.4 million corporate investment and will create 25 jobs.

Founded in 1994, Summit Plastics provides custom plastic film and sheet products for a blue-chip customer base. The company was purchased in 2015 and has since grown from 52 employees to more than 110. Production also has increased from 20 million pounds per year to 40 million pounds. Within the next four years, Summit Plastics’ goal is to reach 85 million pounds per year.

For the expansion, Summit Plastics will construct a 12,000-square-foot addition onto its 98,000-square-foot facility. The company also will add three blown film extrusion lines, with at least one being a multi-layer line.

The Mississippi Development Authority is providing assistance for building construction. MDA also certified Summit Plastics for the Advantage Jobs Rebate program, which is available for eligible businesses that create new jobs exceeding the average annual wage of the state or county in which the company locates or expands. The town of Summit, Pike County and Entergy also are assisting with the project.

Summit Plastics expects to complete the expansion by March of 2022 and plans to immediately begin filling the 25 new jobs.

QUOTES

“Mississippians are hard workers and take pride in a job well done, as evidenced by Summit Plastics’ decision to grow and create 25 new jobs for the residents of Pike County after nearly 30 years in business. Companies like Summit Plastics comprise the backbone of our state’s economy, and I know our strong, pro-business environment, talented workforce and the unwavering support of economic developers at the state and local levels will ensure Summit Plastics enjoys many more decades of growth and success in Pike County.” Gov. Tate Reeves

“Once again, the state, Pike County and the town of Summit have stepped up to help our business continue to grow and provide good paying jobs with excellent benefits to the great people of Mississippi. Mississippi clearly is one of the best business environments in the entire United States.” – Summit Plastics CEO Tom Nathanson  

“Pike County is proud to support Summit Plastics. This expansion stands as another testament to what can happen through positive collaboration. On behalf of the Pike County Economic Development District, I commend Summit Plastics for your partnership, your continued investment and your commitment to bringing quality jobs to southwest Mississippi. – Pike County Economic Development District Executive Director Jill Busby, CEcD

“We are grateful to Summit Plastics for choosing to continually expand in Summit. Summit Plastics has been a great corporate citizen for nearly three decades, and we thank them for providing stable, well-paying careers to the people of Summit, Pike County and beyond.” –Summit Mayor Percy Robinson

“On behalf of the Pike County Board of Supervisors, we’d like to express our sincere gratitude to Summit Plastics for choosing to continually expand and invest in our community by adding additional quality jobs for our deserving citizens.” – Pike County Board of Supervisors President Robert Accardo

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About Mississippi Development Authority

Mississippi Development Authority is the state’s lead economic and community development agency. MDA focuses on new business recruitment, existing business expansion, workforce training, and tourism promotion. For more information, visit MDA’s website at mississippi.org.

September 8, 2021

Ocean Aero locating manufacturing operations and headquarters in Gulfport

Jackson, Miss. (Sept. 8, 2021) – Ocean Aero, manufacturer and service provider of ocean-going autonomous underwater and surface vehicles, is relocating its manufacturing operations and headquarters from San Diego to Gulfport. The project is a $4.65 million corporate investment and will create 45 jobs.

 

Ocean Aero’s AUSVs are currently deployed by the U.S. Dept. of Defense, Dept. of Homeland Security, the National Oceanic and Atmospheric Administration, offshore energy companies and more. Ocean Aero’s AUSVs provide a unique capability to monitor the world’s oceans and critical offshore infrastructure. The company manufactures the world’s first and only environmentally powered AUSV, TRITON, which operates exclusively on wind and solar energy and performs long-endurance missions on the ocean’s surface with the ability to also perform underwater operations.

 

The Mississippi Development Authority is providing assistance for equipment relocation and workforce training.

 

Ocean Aero plans to fill the 45 new jobs by the end of this year.

 

QUOTES

 

The state of Mississippi thanks the Ocean Aero team for choosing to bring these exciting manufacturing operations to Mississippi. I remain firmly focused on the development of our maritime industry and blue economy and am glad to welcome Ocean Aero to the Gulf Coast. Every day, invaluable research is conducted in the waters off of the Mississippi Gulf Coast, helping grow our blue economy while providing exciting, high-tech jobs for many in our state. The company’s easy access to the Gulf of Mexico, along with our research-intensive universities and strong business climate, position the company for many years of success in Gulfport.” Gov. Tate Reeves

 

“We’re very proud of our recent technical achievements and growing customer support and look forward to continuing to innovate with all of our constituents into the future. Along with our partners at the University of Southern Mississippi, the growing Gulf Blue ecosystem, and the Port of Gulfport, we are building a world-class collaboration of leaders. We’d like to thank our friends at the Harrison County Development Commission, the Mississippi Power Company, the Mississippi Development Authority, and of course Governor Tate Reeves for his tireless efforts, as well as special thanks to Senator Hyde-Smith for her early championship for Ocean Aero, and Senator Wicker for his continued advocacy and support.  Without this tremendous Mississippi community, we wouldn’t be as successful today.” – Ocean Aero CEO Kevin Decker

 

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