Mississippi Silicon Opens new Facility in Burnsville
30 Oct, 2015
$200 million facility is the first silicon metals plant built in United States in 40 years.
Earlier this week, Mississippi Silicon held a grand opening for its new $200 million manufacturing facility. The company, which began start-up operations in late September, just 21 months after groundbreaking, will help meet a growing demand for silicon metal, which is used in thousands of products ranging from computer chips to automotive manufacturing to chemicals used in industrial, commercial and consumer applications. The 170,000-square-foot plant sits on 94 acres in Tishomingo County, located in northeast Mississippi.
Mississippi Silicon will compete head-to-head with plants in locations such as locations in Europe, Africa, Australia, Thailand, Malaysia and China. The company sells its product to customers that will serve thousands of consumer, industrial and commercial markets initially in North America and later around the world.
Mississippi Silicon is a joint venture between the Vicintin family of Brazil and CleanTech LLC. The Vicintin family owns Rima Industrial S/A, a leading ferroalloy and non-ferrous metals producer in Brazil, and is majority owner of the project. CleanTech LLC is an investment partnership that includes a group of strategic investors and financial advisers.
Company officials studied and analyzed several sites before deciding on Burnsville, which is located near U.S. 72, the Tennessee-Tombigbee Waterway and rail transportation. Mississippi Silicon said aggressive recruitment by the Mississippi Development Authority, the state’s economic development agency; electricity provider Tennessee Valley Authority; and Tishomingo County elected and economic development leaders sealed the deal.
For complete details, visit www.missilicon.com and www.tishomingo.org.
Source: Mississippi Silicon
Images: www.missilicon.com
