Fishing boat manufacturer Avid Boats is renovating and expanding its facility in Monroe County. The project is a $7.96 million investment that will create 50 new jobs.
Avid Boats produces high-quality aluminum fishing boats from its headquarters in Amory. In March, a tornado significantly damaged the manufacturing facility. As a result, Avid is rebuilding and expanding from its original 85,000-square-foot facility to 100,000 square feet to accommodate current needs and future growth.
The Mississippi Development Authority is providing assistance for construction, as well as through the Mississippi Flexible Tax Incentive, or MFLEX. Monroe County, with its active support, including the conveyance of the real property for the facility’s construction, will also play a key role in assisting with the project.
Construction is expected to be completed by December 2024. Avid plans to fill the new jobs over the next five years.
“It’s so great to see Avid Boats rebuilding and expanding in Monroe County. Mississippians’ resiliency is unparalleled, and this is another prime example of that. Mississippi’s economy is growing stronger every day thanks to home-grown businesses like Avid, and the state was proud to partner with them on this important project. I’m grateful for Avid Boats’ commitment to Mississippi and the people of Monroe County.” – Gov. Tate Reeves
“One of the most important aspects of our mission at MDA is helping local communities prosper through new investments and job creation. This project is not just an investment in Avid’s future, it is a means to generate more growth in the surrounding region. The 50 new jobs being created by Avid Boats will certainly have positive effects throughout Monroe County for years to come, and we thank the company for choosing to rebuild here at home and create even more opportunities for the area’s workforce.” – MDA Deputy Executive Director Laura Hipp
“We at Avid Boats are proud to announce our commitment to growth and innovation. Despite the challenges we faced with the tornado, we are not just rebuilding; we are expanding. This expansion is a testament to our dedication to producing high-quality aluminum fishing boats and our belief in Mississippi’s economic future. We are grateful for the support of Governor Tate Reeves, Mississippi Development Authority, Monroe County Board of Supervisors and the Monroe County Chamber of Commerce. With this investment, we look forward to creating new jobs and contributing to the prosperity of Monroe County for years to come.” – Phillip Faulkner, Owner, Avid Boats
“I am excited to see Avid Boats expanding their manufacturing facility in Monroe County. This move not only reflects their commitment to quality and innovation but also underscores the appeal of our community as a hub for business growth. I believe this expansion will create new jobs and foster economic development, benefiting both Avid Boats and our local residents.” – Monroe County 3rd District Supervisor Rubel West
“Avid Boats’ decision to grow their manufacturing facility here is a testament to our supportive business environment and skilled workforce. This development will boost job opportunities and further solidify Monroe County as a prime destination for business success.” – Kelly Martin, Executive Director, Monroe County Chamber of Commerce
About Mississippi Development Authority
Mississippi Development Authority is the state’s lead economic and community development agency. MDA focuses on new business recruitment, existing business expansion, workforce training, and tourism promotion. For more information, visit MDA’s website at mississippi.org.