Yancey Engineered Solutions, a division of Yancey Bros. Co., is establishing operations in Batesville, Mississippi, in a project that represents a $20.8 million investment and will create 250 new jobs. The company, which was established by Yancey Bros. in 2004, specializes in providing design and packaging services for CAT generators. It will operate from the former Crown Cork and Seal facility in Batesville, where it will manufacture aluminum and steel generator enclosures and fuel tanks, primarily for use by data centers.
The Mississippi Development Authority (MDA) is supporting the project through the Mississippi Flexible Tax Incentive (MFLEX) program, as well as providing assistance for building improvements. Additional partners in the project include AccelerateMS, Tennessee Valley Authority (TVA), the city of Batesville, Panola Partnership, and the Panola County Board of Supervisors.
Yancey Engineered Solutions has set a timeline to complete the project within three years and anticipates filling the 250 new positions within five years. Individuals interested in employment opportunities with the company can visit yanceybros.com/careers for more information.
Gov. Tate Reeves expressed his enthusiasm for the project, stating, “I am proud to welcome Yancey Engineered Solutions as the newest member of Mississippi’s thriving business community. The past few years have been incredible for economic development in the state, as we’ve attracted record-breaking investments from industry leaders and created tens of thousands of jobs in our communities. This investment and the creation of 250 jobs by Yancey Engineered Solutions continue that trend into 2025.”
Mississippi Development Authority Executive Director Bill Cork also highlighted the significance of the project, saying, “This latest economic development win once again demonstrates to the world that Mississippi is a top location for business. State leaders work daily to bring new opportunities to the people of Mississippi by fostering a pro-business environment that encourages companies like Yancey Engineered Solutions to invest in our communities. We offer the resources, talented workforce and speed to market companies prioritize when considering new locations for investments. MDA thanks the Yancey team for choosing to break new ground in Panola County.”
TVA Senior Vice President of Economic Development John Bradley congratulated Yancey Engineered Solutions on its decision to expand in Panola County, commenting, “TVA and Tallahatchie Valley Electric Power Association congratulate Yancey Engineered Solutions on its decision to establish operations in Panola County. Helping support companies that create new job opportunities and investment in the region is fundamental to TVA’s mission of service. We are proud to partner with Mississippi Development Authority and Panola Partnership to further that mission and look forward to Yancey Engineered Solutions’ future business success.”
This project marks another significant milestone in the state’s continued efforts to attract investment and create job opportunities for Mississippians, further strengthening the state’s position as a prime location for business.