Koch Foods Expands in Scott County with $145.5M Investment

Author

Slice of Agriculture Team
November 27, 2024

Key Highlights:

  • Koch Foods announces a $145.5 million expansion in Scott County.

  • The investment will create 128 new jobs over the next five years.

  • Expansion includes upgrades to its Morton facility to boost processing and distribution operations.

  • Mississippi Development Authority supports the project via MFLEX tax incentives.

  • Project reinforces Mississippi as a hub for business-friendly initiatives.

Source: Direct

Notable Quotes:

❝

“This is another big win for Mississippi. Koch Foods’ $146 million investment speaks volumes about what’s happening in our state. We have a pro-business mindset, skilled workforce and prime location that offers efficient access to major domestic and international markets. There are a lot of good things happening here and this is just the latest example!”

Tate Reeves, Governor at Mississippi
❝

“Once again, Koch Foods demonstrates its commitment to Scott County and the state of Mississippi by investing substantially in its Morton operations and creating 128 new jobs. 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.”

Bill Cork, Executive Director at Mississippi Development Authority (MDA)
❝

“Koch Foods appreciates the support of the state of Mississippi, including not only the Mississippi Development Authority but all the local and state government agencies that make doing business in Mississippi efficient and business friendly.”

Mark Kaminsky, Chief Operating Officer at Koch Foods

Our Take:

Koch Foods’ expansion in Scott County signals Mississippi’s growing reputation as a pro-business state. The significant $145.5 million investment and creation of 128 jobs demonstrate confidence in Mississippi’s workforce and infrastructure. The use of the MFLEX program highlights the state’s innovative approach to incentivizing corporate growth while boosting local economies. This expansion not only strengthens Scott County’s economy but also reinforces Mississippi’s strategic importance in the national food production and distribution sector.