Food production and distribution company Koch Foods is expanding its location in Scott County with a $145.5 million investment.
Announced Thursday by the Mississippi Development Authority, the project will enhance processing and distribution operations along with rehabbing the Koch Foods facility in Morton. Founded in 1973, Koch Foods has earned a spot as one of the nation’s largest poultry processors.
Gov. Tate Reeves touted the investment – which will create at least 128 new jobs over the next five years – as proof that Mississippi is moving in the right direction when it comes to economic development.
“This is another big win for Mississippi,” Reeves said. “Koch Foods’ $146 million investment speaks volumes about what’s happening in our state. We have a pro-business mindset, a skilled workforce, and a prime location that offers efficient access to major domestic and international markets. There is a lot of good things happening here and this is just the latest example.”
The Mississippi Development Authority is providing assistance through the Mississippi Flexible Tax Incentive.
“Once again, Koch Foods demonstrates its commitment to Scott County and the state of Mississippi by investing substantially in its Morton operation and creating 128 new jobs,” Mississippi Development Authority Executive Director Bill Cork said. “By leveraging the state’s popular MFLEX program, Koch Foods is taking advantage of the flexibility and support that make Mississippi an ideal location to grow.”
