Mississippi Silicon announced on Tuesday that it will open a new plant in Burnsville, Mississippi to produce silicon metal for a broad range of industries in the U.S. including the aluminum, automotive and chemical industries.
The $200 million investment will create 200 new jobs.
The company is a strategic partnership between Rima Holdings USA, Inc., and domestic investor group Clean Tech I, LLC.
“Rima is proud to be joining forces with a high-profile group of investors, and we look forward to supporting our global network of silicon metal customers and especially our United States-based customers with this new facility,” said Rima Industrial CEO Ricardo Vicintin. “Rima considered many locations around the world for the new facility, and we greatly appreciate the support and enthusiasm shown by the citizens and government leaders in Mississippi.”
In support of the project, the Mississippi Development Authority provided assistance through the Mississippi Industry Incentive Financing Revolving Fund for building construction and workforce training, as well as the state’s New Market Tax Credits. Tishomingo County and Tennessee Valley Authority provided assistance for the project, as well.