GULFPORT, Mississippi — A Pennsylvania company is buying a Gulfport facility to expand.

Towanda Metadyne said Monday it had bought the former Hydro Carbide facility in Gulfport to expand manufacture of tungsten carbide. The company says it will make tungsten carbide rods for cutting tools.

The company plans to hire 20 people, beginning work later this month. It won't say how much it spent.

The Mississippi Development Authority is giving the company $48,200 for parking lot paving, fencing, and employee pavilion construction. Harrison County is giving $4,800 to match.

MDA spokeswoman Tammy Craft says workers will make $12 to $20 an hour, and that Towanda Metadyne will offer jobs to some former Hydro Carbide workers.

Craft says the company will qualify for property tax exemptions, although their amount hasn't been determined yet.

 

Tungsten Oxide, Tungsten Powder Manufacturer & Supplier: Chinatungsten Online - www.tungsten-powder.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

• < Prev
• Next >