The Mississippi Development Authority announced Tuesday that Liebherr, one of the largest manufacturers of construction equipment in the world, is locating distribution and manufacturing operations in Lee County.
According to MDA, the project represents a corporate investment of $176 million and will create at least 180 jobs by 2026. The Swiss manufacturer is said to be potentially investing up to $238.4 million and creating up to 342 jobs to support its new operations.
On its new site in the Hive Business Park in Tupelo, Liebherr said it plans to expand its logistics network for the North and South American continents with a state-of-the-art spare parts logistics center, thereby strengthening its presence in the American market.
The continental warehouse of Liebherr-Logistics GmbH will handle logistics and service operations, such as warehousing, distribution, value-added services − pre-assembly, kitting, repackaging − as well as customs and export services.
“Tupelo is the ideal location to service and deliver our spare parts to clients in the U.S. and other countries on the North and South American continent. Furthermore, it will serve to expand our businesses with other product segments of the Liebherr Group at the same campus. Its unique logistical capabilities combined with the central geographical location will make a difference to us and our clients,” said Liebherr-Logistics GmbH’s MD Joerg Stroebele in a statement. “A very professional CDF team, a positive business climate in Mississippi as well as a strong labor market with a highly educated workforce positively contributed to our decision for Mississippi and Tupelo.”
Magnolia Tribune
