BURNSVILLE, Miss. — Mississippi Silicon will locate a new silicon metal production facility in Burnsville in Tishomingo County.
The announcement was made Tuesday by Gov. Phil Bryant and local officials.
Mississippi Silicon said in a new release that it is investing $200 million in the project, which will create 200 jobs.
The facility will produce silicon metal for a broad range of industries in the United States including the aluminum, automotive and chemical industries.
Mississippi Silicon is a partnership between Rima Holdings USA Inc., and domestic investor group Clean Tech I LLC.
"Rima is proud to be joining forces with a high-profile group of investors, and we look forward to supporting our global network of silicon metal customers and especially our United States-based customers with this new facility," said Rima Industrial CEO and President Ricardo Vicintin.
"Rima considered many locations around the world for the new facility, and we greatly appreciate the support and enthusiasm shown by the citizens and government leaders in Mississippi."
The Mississippi Development Authority provided a total of $21.1 million for building construction and workforce training, as well as a $3.5 million loan to Tishomingo County for infrastructure needs. These were provided through the Mississippi Industry Incentive Financing Fund.
Tishomingo County and Tennessee Valley Authority also provided assistance for the project.
"I congratulate the team at Mississippi Silicon for becoming the state's newest corporate partner and for choosing Tishomingo County," Bryant said. "Mississippi is strongly positioned for growth in advanced manufacturing, and I am pleased to see another company placing its faith in our world-class workforce."
Rima Holdings USA, Inc. is owned by the Vicintin family, who also owns Rima Industrial S/A in Brazil, which currently employs more than 4,000 people in diecasting, magnesium, silicon metal, and ferroalloys.