Generator cover and fuel tank manufacturer Yancey Engineered Solutions will be setting up shop in Batesville.
The business, a division of Yancey Bros. Co., is investing $20.8 million and creating 250 new jobs with its Mississippi operation. Yancey Engineered Solutions was launched in 2004 to provide specialized design and packaging services for CAT generators.
The company’s north Mississippi center will be located in the former Crown Cork and Seal facility where it will manufacture aluminum and steel generator enclosures and fuel tanks to be used primarily by data centers.
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“I am proud to welcome Yancey Engineered Solutions as the newest member of Mississippi’s thriving business community. The past few years have been incredible for economic development in the state, as we’ve attracted record-breaking investments from industry leaders and created tens of thousands of jobs in our communities,” Governor Tate Reeves said.
“This investment and the creation of 250 jobs by Yancey Engineered Solutions continue that trend into 2025.”
The Mississippi Development Authority is assisting with the project through the Mississippi Flexible Tax Incentive program. State authorities will assist with building improvements. AccelerateMS, the Tennessee Valley Authority, the city of Batesville, the Panola Partnership, and the Panola County Board of Supervisors will also aid in the project.
“We are excited to locate our next manufacturing facility for Yancey Engineered Solutions in Batesville. The community has been very welcoming, and we were impressed with the Batesville-Panola County region’s strong workforce development commitment,” Yancey Bros. Co. Chairman and CEO Trey Googe said.
“We look forward to serving our customers and an important segment of the U.S. economy through our Batesville operations.”
Yancey Engineered Solutions plans to complete the project within three years and expects to fill the new jobs within five years. Information regarding employment opportunities at the Batesville center can be found here.