Solero Technologies Has Plans in Right to Work Mississippi
Solero Technologies is investing $14 million in order to expand in Right to Work Water Valley, Mississippi. In addition, the company will also create 86 new jobs. So this will be great for those in the area!
From Area Development Magazine:
“Solero’s vision is to become a top three global leader in mobility controls technology. […] As we work to grow the company into a more than $1 billion enterprise, continued investment in our Water Valley, Mississippi, facility will be essential to advancing our growth strategy and supporting Solero’s future product development transformation in global mobility. We deeply value our partnership with the state of Mississippi and the investment in Solero’s continued success.” […]
“TVA congratulates Solero Technologies on its plans to expand operations in Yalobusha County. […] We’re proud to partner with Mississippi Development Authority, Water Valley Utilities Commission, the city of Water Valley and Yalobusha County Economic Development District to support companies like Solero Technologies as they make continued investment and create job opportunities in our region. We celebrate this announcement together and look forward to Solero Technologies continued business success in the Valley.”
“The skilled workforce in Yalobusha County and the talented leadership at Solero Technologies have built a 50 year legacy of success in rural America based on hard work, innovation, and perseverance. […] We are thrilled that Atar Capital recognized the strong foundation in Solero Technologies in 2022, and has leaned into the future, partnering their long-term vision and global strategy with our local talent to build economic opportunities for future generations of Mississippians. We appreciate the resources the State of Mississippi is able to provide in support of this latest round of investment and job creation at Solero. We look forward to the company’s growth, and welcoming the families that relocate to our communities to contribute to that growth.”
To read the previous economic update on Right to Work states, click here.