Tecumseh Products Company Expanding Operations in Lee County
Verona, Miss. (July 24, 2013) – Governor Phil Bryant and officials from Tecumseh Products Company announced today that the company is expanding operations at its facility in Verona, Miss., to meet the increased global demand for their products. The expansion represents a significant multi-million dollar investment for Tecumseh, retaining 350 jobs at the facility and creating up to 150 new jobs over the next five years.
Lee County Board of Supervisors President Bobby Smith stated, “It is always good to see one of our long standing industries expand in Lee County. This expansion is yet another testament to one of our county’s greatest assets - our workforce.”
Tecumseh manufactures refrigeration and air conditioning products and is expandingproduction of the energy efficient AE2 commercial refrigeration compressor to better serve the North American market. The AE2 line is expected to be operational by October 2013. Currently, the AE2 compressor is manufactured in Brazil and France. The company also has plans to expand its condensing unit production at the Verona facility.
“The expansion of these manufacturing lines and the creation of new jobs at Tecumseh’s Verona location are great news for the entire community. Tecumseh’s commitment serves as a testament to Mississippi’s supportive business climate and dedicated workforce,” Gov. Bryant said. “I am grateful to the team at Tecumseh, and I look forward to their lasting success as a member of our growing business community.”
“We are extremely pleased with the support that we’ve received,” stated Jim Connor, President and CEO of Tecumseh Products Company. “Expansion of our Verona manufacturing production wouldn’t be possible without the strong financial assistance from the state of Mississippi. The opportunity is timely as the global economy continues to improve along with the demand for our products.”
“We are excited about Tecumseh strengthening its roots in our county by expanding and adding 150 quality jobs to its existing workforce. This expansion is the positive outcome of a mutual vision for economic growth by local, regional, business, and government partners,” said Community Development Foundation Chairman Chauncey Godwin, Jr.
The Mississippi Development Authority (MDA) provided expansion support for building modifications, infrastructure improvements, and relocation assistance for equipment. The Tennessee Valley Authority (TVA) provided assistance for this project as well.
“Congratulations to Tecumseh on their announced expansion in Mississippi,” said TVA Senior Vice President of Economic Development John Bradley. “TVA is pleased to be on the economic development team to assist growing companies that provide quality jobs for area residents.”
“MDA is dedicated to helping companies such as Tecumseh as they grow in our state,” said MDA Executive Director Brent Christensen. “The addition of these 150 jobs at Tecumseh’s Verona facility is another sign that Mississippi’s economy is gaining momentum, and we appreciate our partners in Lee County and at TVA for working with us to make this project possible.”
About Tecumseh Products Company
Founded in 1934, Tecumseh Products Company is a leading global manufacturer of hermetic compressors, condensing units, and systems for use in residential and commercial refrigeration and air conditioning applications. The company markets compressors and condensing units (reciprocating, rotary, scroll, and semi-hermetic) ranging in capacity from 1/15th to 13 horsepower. Products are currently manufactured in four continents and are sold globally through a network of sales professionals, authorized wholesalers, and licensed distributors. Tecumseh brand names include Celseon®, Masterflux®, Silensys®, and Wintsys®. Tecumseh is headquartered in Ann Arbor, Michigan. For more information, visit the company’s web site at www.tecumseh.com.