Dennen Opening Facility in Mississippi
Midwestern company Dennen Steel Corp., a manufacturer and distributor of metal products, will open its first facility in the southeastern United States. Dennen is locating manufacturing operations at Yellow Creek Port in Iuka, Miss. The project represents an investment of more than $7.4 million from the Grand Rapids, Mich.-based company.
Dennen Steel will manufacture steel slit coil, precision stampings, fabricated metal parts and tooling and assemblies from the Tishomingo County location. Dennen Steel is a second tier supplier to Toyota and produces parts for the Toyota Corolla and Camry as well as parts for computers, refrigeration, trucks, BBQ grills, and others.
“The Mississippi Development Authority, Tishomingo County and the Tennessee Valley Authority really went to bat to provide assistance and support to Dennen,” says Andrew Dennen, chairman of Dennen Steel. “They played an instrumental role in our decision to establish our southern operation at Yellow Creek Port.”
MDA worked with company and local officials to provide assistance to Tishomingo County for infrastructure improvements at the site of the company’s new 50,000-square-foot facility. The Appalachian Regional Commission and Tennessee Valley Authority also provided assistance to help facilitate the project.
“I thank Dennen Steel officials for choosing to locate operations in Mississippi. The company’s decision to locate in Iuka further demonstrates that Mississippi is in a prime location for companies in the steel and metal fabrication sectors,” says Gray Swoope, executive director of the Mississippi Development Authority.
Tishomingo County is a steel fabrication cluster with such companies as FerrouSouth/Ferragon, Skyline Steel/ArcelorMittal and Roll Form Group/Samuel Manu-Tech, among others, operating facilities there.