The project representsa corporate investment of $176million and will create at least 180 jobs by 2026. The company potentially will invest up to $238.4 million and create up to 342 jobs to support its new operations.
Liebherr selected The HIVE Business Park in Tupelo as the location to expand its North American operations. The company will develop a new campus on a 118-acre site that will enable it to construct morethan1 million square feet of building space. The first phase of the project will encompass the construction of a state-of-the art logistics centre to serve the distribution and logistics operations for Liebherr's after-sales services.
Following the initial phase, the company will invest in additional work to support its other product segments. The Mississippi Development Authority is providing assistance through the Mississippi Flexible Tax Incentive, or MFLEX program. MDA also is providing assistance for constructing and equipping the facilities. Lee County, the city of Tupelo and Accelerate MS also are assisting with the project.
Liebherr isa family-run technology company with a diversified product portfolio. In addition to construction equipment, the company provides high-quality, user-oriented products and services in a wide range of areas. The Liebherr Group is comprised of more than 150 companies in more than 50 countries and currently employs more than 53,000 employees worldwide and over 1,600 in the US.
“I am thrilled to welcome Liebherr to Mississippi. The company’s decision to expand its North American footprint in our state is indicative of the strength of our business climate and capabilities of our workforce. My administration is committed to fostering economic growth
and providing good-paying opportunities for all Mississippians. I thank the Liebherr team for choosing Lee County and am excited to watch the company play an integral role in our continued prosperity. The Mississippi momentum is strong, and it is showing no signs of
slowing down any time soon,” said Gov. Tate Reeve
