Swiss Manufacturer Liebherr Locating in Tupelo
October 1, 2024
Liebherr, a manufacturer of construction equipment, is locating distribution and manufacturing operations in Lee County, MS. The project represents a corporate investment of $176 million and will create at least 180 jobs by 2026. The company potentially will invest up to $238.4 million and create up to 342 jobs to support its new operations.
Liebherr selected The HIVE Business Park in Tupelo as the location to expand its North American operations. The company will develop a new campus on a 118-acre site that will enable it to construct more than 1 million sq. ft. of building space. The first phase of the project will encompass the construction of a state-of-the art logistics center to serve the distribution and logistics operations for Liebherr's after-sales services. Following the initial phase, the company will invest in additional work to support its other product segments.
The Mississippi Development Authority is providing assistance through the Mississippi Flexible Tax Incentive, or MFLEX program. MDA also is providing assistance for constructing and equipping the facilities. Lee County, the city of Tupelo and Accelerate MS, also are assisting with the project.
Liebherr is a family-run technology company with a diversified product portfolio. In addition to construction equipment, the company provides high-quality, user-oriented products and services in a wide range of areas. The Liebherr Group is comprised of more than 150 companies in more than 50 countries and currently employs more than 53,000 employees worldwide and over 1,600 in the U.S.
For more information contact:
Liebherr USA, Co.
4800 Chestnut Ave.
Newport News, VA 23607
757-240-4250
www.liebherr.com
Mississippi Development Authority
www.mississippi.org
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