Business

Spartan Composites invests $49 million in Mississippi

A Facebook post announced that Spartan Composites will invest $49 million in Mississippi, calling the move “another great advanced manufacturing win for our state” and saying it is the latest example of attracting the jobs of the next 50 years.

The company name suggests work in composite materials and advanced manufacturing, a sector that uses engineered materials to make lighter, stronger components for industries such as aerospace, automotive and energy. Composite manufacturing has grown in recent years as companies seek materials that improve fuel efficiency and performance.

State leaders and economic development officials often highlight large manufacturing investments as tools to boost local economies, expand supply chains and create long-term employment opportunities. Such projects can also signal that a state is competitive for the kinds of technology-driven production that policymakers say will shape future job markets.

The Facebook post did not provide additional details such as a timeline or job estimates. We will provide more information as it becomes available.

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