- Company to create 68 jobs
- Project is a corporate investment of more than $29 million
Aluminum processing company Owl’s Head Alloys is locating operations in Clay County, Mississippi. The project is a $29.245 million investment and will create 68 new jobs.
Headquartered in Bowling Green, Kentucky, Owl’s Head Alloys is a secondary aluminum processor that melts down and recycles aluminum products and by-products to be reused in manufacturing processes. The company will supply recycled aluminum to Aluminum Dynamics.
The Mississippi Development Authority is providing assistance for building improvements. The City of West Point and Clay County are providing local tax abatement assistance.
Construction is slated to begin by May, with completion expected within 18 months. Owl’s Head Alloys plans to fill the 68 jobs over the next three years.
Mississippi Gov. Tate Reeves stated, “As a supplier for local manufacturers, including Aluminum Dynamics, Owl’s Head Alloys is a perfect example of how each new project in Mississippi can attract more businesses to the state, and with them more jobs and investment for our local communities. I am certain the Owl’s Head Alloys team will find an enthusiastic partnership between its customers, its new employees and the citizens of Clay County – the type of partnership businesses depend upon for lasting success in our great state.”
The Executive Director of Mississippi Development Authority Bill Cork said, “Owl’s Head Alloys’ decision to do business in Mississippi is generating nearly 70 new jobs and an impressive investment of more than $29 million that will service local industry and provide sustainable materials in multiple industrial markets. This is precisely the kind of development that can offer economic stability and future investment opportunities for years to come. MDA is excited to welcome this new venture to Mississippi, and we look forward to the many benefits it will bring to Clay County’s thriving economy”.
Owl’s Head Alloys President Michael J. Boyle stated that “On behalf of the Owl’s Head Alloys Team, I would like to thank Governor Reeves, MDA Executive Director Bill Cork and the entire Golden Triangle Development Team for the professionalism and urgency that has been provided at every step in the process of locating the new OHA facility in West Point, MS. The “pro-business” approach extended to OHA is a model for the country. We have been greeted with open arms and enthusiasm at every step since day one.”
“Owl’s Head Alloys’ decision to establish its operations in Clay County is a testament to the Golden Triangles as a destination for innovative industries. This investment and the job creation underscores the strength of our local economy and the collaborative spirit within our communities. We welcome Owl’s Head Alloys to the Golden Triangle region, and I’m confident that their presence will further enhance our reputation as a hub for manufacturing excellence,” said The Golden Triangle Development LINK- Joe Max Higgins, CEO
About Owl’s Head Alloys
Owl’s Head Alloys is an aluminum recycling plant founded with a vision to promote sustainable practices and a commitment to quality and integrity. Starting with a single furnace and 20 employees in 2002, it has grown to five furnaces and 150 employees who are included in the Employee Stock Ownership Plan (ESOP). The ESOP grants 100% ownership to the employees, who receive stock and comprehensive benefits. All of this reflects Owl’s Head Alloys’ closely held core values: quality, environment, and people. For more information, visit www.ohaky.com.