Carpenter Pole and Piling is investing nearly $5 million to expand operations in Stone County, Mississippi, a Facebook post said.
The post celebrated the development, saying “Mississippi keeps on winning!” and “Proud to see this Mississippi company growing right here at home!”
The company identified itself as Mississippi-based in the post but offered few specifics about the project, including a timeline or any expected job figures.
Economic expansions by local companies can provide a boost to rural counties through increased employment opportunities, supplier demand and broader tax revenue, economists and local officials often note. Stone County leaders have in the past sought private investment to support community services and regional growth.
Because details in the social media post were limited, additional information about the scope and schedule of the expansion was not immediately available. We will provide more information as it becomes available.
