Metal Working - Aerospace
- GE has an aerospace facility at our airport where they remove parts from retired airplanes to repurpose the parts.
- Viking Range is headquartered in Greenwood. They also have multiple manufacturing plants in Greenwood producing premium kitchen appliances
- Milwaukee Tool manufactures hand tools in Greenwood.
- Hickok Tools manufactures tools in Greenwood supplying the automotive, aerospace, locomotive, and industrial markets.
- We have more employees in the following jobs in our labor shed than the average US labor shed by the following amounts:
- 46 times the US average of people employed in Power-Driven Handtool Manufacturing
- 19 times the US average of people employed in Fluid Power Pump and Motor Manufacturing
- 10 times the US average of people employed in Mineral Wool Manufacturing
- 9 times the US average of people employed in Small Electrical Appliance Manufacturing
- 4 times the US average of people employed in Gear Manufacturing
- 4 times the US average of people employed in Household Cooking Appliance Manufacturing
- 4 times the US average of people employed in Household Refrigerator and Freezer Manufacturing
- 3 times the US average of people employed in Metal Coating
- 2 times the US average of people employed in Aluminum Sheet, Plate, and Foil Manufacturing
- 2 times the US average of people employed in Motor Vehicle Metal Stamping
- 2 times the US average of people employed in Plate Work Manufacturing
- 2 times the US average of people employed in Metal Tank (Heavy Gauge) Manufacturing
- 2 times the US average of people employed in Saw Blade and Handtool Manufacturing
- Our labor shed area has seen the following growth rates since 2010:
- 225% growth in people employed in Motor Vehicle Gasoline Engine Manufacturing
- 129% growth in people employed in Aluminum Sheet, Plate, and Foil Manufacturing
- 117% growth in people employed in Construction Machinery Manufacturing
- 81% growth in people employed in Small Electrical Appliance Manufacturing
- 69% growth in people employed in Surgical Appliance and Supplies Manufacturing
- 61% growth in people employed in Motor Vehicle Stamping
- 58% growth in people employed in Gear Manufacturing
- 39% growth in people employed in Tool and Die Companies
- 36% growth in people employed in Farm Machinery and Equipment Manufacturing
- 35% growth in people employed in Metal Tank (Heavy Gauge) Manufacturing
- 29% growth in people employed in Power-Driven Handtool Manufacturing
- 29% growth in people employed in Surgical and Medical Instrument Manufacturing
- 25% growth in people employed in Mineral Wool Manufacturing
- 25% growth in people employed in Sheet Metal Work Manufacturing
- 14% growth in people employed in Machine Shops
- 9% growth in people employed in Household Cooking Appliance Manufacturing
Every Commercial airplane in the world has at least one component made in Mississippi.
Mississippi is home to the following well known aerospace companies:
- Aerojet Rocketdyne
- GE Aviation
- General Atomics
- Lockheed Martin
- Northup Grumman
Metalworking Companies in our Labor ShedOur labor shed features the following numbers of metalworking companies:
- 14 Machine Shops
- 6 Sheet Metal Work Manufacturing Companies
- 5 Farm Machinery and Equipment Manufacturing Companies
- 5 Prefabricated Metal Building Manufacturing Companies
- 5 Tool and Die Manufacturing Companies
- 4 Fabricated Structural Metal Building Manufacturing Companies
- 4 Metal Coating Companies
- 4 Surgical Appliance and Supplies Manufacturing Companies
- 2 Metal Tank (Heavy Gauge) Manufacturing Companies
- 2 Bolt, Nut, Screw, Rivet and Washer Manufacturing Companies
- 2 Plating Companies
- 2 Power-Driven Handtool Manufacturing Companies
- 2 Construction Machinery Manufacturing Companies
- 1 Mineral Wool Manufacturing Company
- 1 Ammunition Manufacturing Company
- 1 Small Arms Manufacturing Company
- 1 Fabricated Pipe Manufacturing Company
- 1 Metal Heat Treating Company
- 1 Small Electrical Appliance Manufacturing Company
- 1 Precision Turned Product Manufacturing Company
- 1 Plate Work Manufacturing Company
- 1 Hardware Manufacturing Company
- 1 Iron and Steel Mill
- 1 Household Refrigerator and Freezer Manufacturing Company
- 1 Household Cooking Appliance Manufacturing Company
- 1 Fluid Power Pump and Motor Manufacturing Company
- 1 Gear Manufacturing Company
- 1 Conveyor Equipment Company
- 1 Ornamental and Architectural Metal Work Manufacturing Company
- 1 Iron and Steel Pipe and Tube Manufacturing Company
- 1 Aluminum Sheet, Plate, and Foil Manufacturing Company
- 1 Metal Crown, Closure, and Other Metal Stamping (except Automotive) Company
- 1 Saw Blade and Handtool Manufacturing Company
- 1 Motor Vehicle Gasoline Engine Manufacturing Company
- 1 Motor Vehicle Metal Stamping Company
- 1 Surgical and Medical Instrument Manufacturing Company
U.S. Highway 82 provides us with east and west 4-laned highway access to Interstate 55. Additionally, U.S. Highway 49 provides 4-laned highway access north and south.
RailWe are served by the Canadian National (CN) Railway, a Class I railroad. Additionally, we have passenger rail service via AMTRAK which runs from our area to New Orleans, Memphis, and Chicago.
Electric PowerWe are served by multiple electric power providers. Greenwood Utilities, Entergy, and Delta Electric Power Association serve our area giving you choices to provide cheap, reliable power.
Natural GasAtmos Energy supplies our area with ample natural gas. Atmos Energy is a publicly traded company headquartered in Dallas, Texas, founded over 100 years ago. Atmos is one of the nation’s largest natural-gas-only distributors.
We have the following number of people working in our labor shed:
- 4,699 Truck Drivers
- 4,163 Material Movers
- 3,071 Military
- 2,116 Team Assemblers
- 732 Welders
- 649 Electricians
- 553 Plumbers, Pipefitters, and Steamfitters
- 413 Industrial Machinery Mechanics
- 366 Civil Engineers
- 357 Cutting, Punching, and Press Machine Operators
- 293 Sheet Metal Workers
- 273 Software Developers
- 260 Machine Feeders
- 222 Machinists
- 218 Maintenance Workers, Machinery
- 197 Structural Metal Fabricators and Fitters
- 188 Industrial Production Managers
- 185 Human Resource Managers
- 183 Industrial Engineers
- 177 Electrical and Electronic Equipment Assemblers
- 163 Environmental Engineers
- 132 Mechanical Engineers
- 113 Electrical Engineers
- 103 Computer Hardware Engineers
- 97 Structural Iron and Steel Workers
- 62 Grinding, Lapping, and Polishing Machine Operators
- 48 Millwrights
- 29 Tool and Die Makers
Unskilled Labor There are 3,527 people employed by Temporary Help Services in our labor shed area.
University Support for the Metalworking SectorThree Universities in Mississippi provide R&D for automotive related products:
- Mississippi State University is home to the Center for Advanced Vehicular Systems which provides R&D capabilities for engineering, manufacturing and design technologies for vehicles. Mississippi State is also home to one of the most recognized Aerospace Engineering Departments in the country and a flight research laboratory.
- Ole Miss is home to the Center for Manufacturing Excellence which houses research facilities with advisors from Toyota in Blue Springs and GE Aviation.
The University of Southern Mississippi is home to the Polymer and High Performance Materials Institute which is recognized as a national leader in the study of composites, advanced materials, polymers and plastics.
- Mississippi Valley State, located in our county, has an Engineering Technology degree program and a Math program which can provide skills for this sector.
Workforce Training Customized Training Cash
Customized workforce training is designed to meet a specific business need. It includes curriculum and material development as well as instruction. Funding is available through project agreements with the Community Colleges for Workforce Enhancement Training Fund administered by the Mississippi Community College Board. Appropriate financial documentation is required.
- Industry-Based Training – A business may be reimbursed for up to $35 per hour of training conducted by the industry for the industry when the college does not provide the training.
- Vendor Training – A business may be reimbursed for on-site vendor training costs at one-half of the daily cost, not to exceed $500 per day, with a 10-day limit per training area. Off-site vendor train-the-trainer costs may be reimbursed at a maximum of $500 per person for training registration. Such reimbursement may apply to no more than two (2) individuals to attend the same training area. Travel costs comply with project rules and limits. A business may be reimbursed for up to $20,000 per fiscal year for allowable, approved travel costs.
- Train-the-Trainer – A business may be reimbursed for limited travel costs associated with training employees in a discipline not currently available through the local community college. Such reimbursement may apply to no more than two (2) individuals to attend the same training in a non-production area and no more than four (4) individuals per production training area. Travel costs comply with project rules and limits. A business may be reimbursed from $10,000 to $15,000 per fiscal year for allowable, approved costs for domestic and international travel, respectively.
Mississippi’s Workforce Investment Network (WIN) Job Centers can help offset training costs for new employees through the WIN On-the-Job Training (OJT) activity. Businesses may be reimbursed for up to half of a new employee’s wages while the employee learns the job, on the job.
OJT Participant Criteria:
New employees covered by an OJT agreement must be unemployed or underemployed as determined by the WIN Job Center.
- Reimbursement depends on the wages paid to new employees and the length of training.
- The length of training is negotiated based on the skills necessary to perform the job(s) and the new employees’ existing skills.
- Limited to no more than 50% of the total workforce or new hires.
- The maximum length of training is limited to no more than six months or 1040 hours.
- Businesses that relocate and lay off workers at another location may not receive an OJT for 120 days after relocating.
- Other OJT rules and record keeping requirements can be obtained from the WIN Job Center.
Community colleges can assist a business through their performance appraisal processes. An array of assessment tools can be used for a quick, confidential evaluation of an applicant’s work-related and/or academic skills. Work skills aptitude assessments include verbal, numerical, and spatial aptitudes, nonverbal reasoning, form perception, clerical perception, and color discrimination. Assessments may also include performance surveys designed to project employee work ethics, reliability and motivational components. A Mississippi Career Readiness Certificate (CRC) is a credential based upon the WorkKeys® assessments that substantiate to employers that an individual possesses the basic workplace skills required for 21st century jobs.
Pre-employment training matches candidates with specific jobs. Candidates must successfully complete a specific training curriculum developed by the business and college training professionals. The curriculum may include work ethics, appropriate dress, work expectations, and technical skill requirements. Candidates who do not meet training requirements, such as those who receive low scores on attendance and cooperation, may be identified prior to interviews and hiring.
Mississippi Delta Community College which has a location in Greenwood provides the following programs which support the Metalworking sector:
- Industrial Electricity
- Machine Tool Operations
- 238 Insurance Agencies and Brokerages
- 174 Commercial Banks
- 95 General Freight Trucking
- 93 Specialized Freight Trucking
- 86 Electrical Contractors
- 57 Site Preparation Contractors
- 54 Engineering Services
- 22 Commercial Printing
- 17 General Warehousing and Storage Companies
- 16 Advertising Agencies
- 14 Machine Shops
- 11 Freight Transportation Arrangement Companies
- 10 Sign Manufacturers
- 9 Industrial Building Construction Companies
- 9 Chemical and Allied Products Wholesalers
- 7 Structural Steel and Precast Concrete Contractors
- 7 Telemarketing Bureaus
- 5 Tool and Die Manufacturing
- 3 Inland Water Freight Transportation Companies
- 3 Hazardous Waste Treatment and Disposal Companies
- 2 Sawmill, Woodworking, and Paper Machinery Manufacturing
- 2 Power-Driven Handtool Manufacturing
- 2 Chartered Passenger Air Transportation Companies
- 1 Gear Manufacturer
- 1 Fluid Power Pump and Motor Manufacturer
- 1 Conveyor Manufacturer
- 1 Industrial Gas Manufacturer
- 1 Fabricated Pipe and Pipe Fitting Manufacturer
The Alluvian Hotel/Spa and Viking Cooking SchoolThe Alluvian Hotel in downtown Greenwood has received AAA’s “Four Diamond Award” for hotels every year since 2006 and has won the award of Best Hotel in Mississippi numerous times by too many magazines to count! Accompanying the hotel is a renowned spa and Viking’s Cooking School, a romantic experience for all owned and operated by Viking Range one of the top-kitchen appliance brands in the world! Click here to learn more about all the above: http://www.thealluvian.com/alluvian_hotel.php
Taxes & Business Costs
- Mississippi's corporate income tax rate's top bracket of 5% is 9th lowest in the United States.
- You will receive 100% exemption of this tax for 10 years by locating in our area.
- Kiplinger ranked Mississippi the 4th best tax-friendly state for business in August, 2014.
- Mississippi has the 3rd lowest corporate unemployment tax rate for new employers in the United States
- Mississippi is tied for the lowest maximum corporate unemployment tax rate for employers in the United States.
- The Mississippi legislature passed massive workers' comp reform in 2012 to satisfy Mississippi businesses.
IncentivesBy locating in our area, an industry with at least 10 new employees will receive a 100% exemption on all state income and franchise taxes, full sales and use tax exemption, and property tax exemptions (other than school taxes) for up to 10 years.
Additional incentives are available from the State of Mississippi and can be seen here: https://www.mississippi.org/home-page/our-advantages/incentives/tax-incentives/.