Tecumseh Products Company Expands Operations in Verona, MS
Originally published: 07.25.13 by HVACR Business Staff
ANN ARBOR, MI – Tecumseh Products Company announced the company is expanding operations at its facility in Verona, MS, to meet the increased global demand for its products. The expansion represents a significant multi-million dollar investment for Tecumseh, retaining 350 jobs at the facility and creating up to 150 new jobs over the next five years.
Tecumseh manufactures refrigeration and air conditioning products and is expanding production of the energy efficient AE2 commercial refrigeration compressor to better serve the North American market. The AE2 line is expected to be operational by October 2013. Currently, the AE2 compressor is manufactured in Brazil and France. The company also has plans to expand its condensing unit production at the Verona facility.
Since its launch in January 2011, the AE2 has seen rapid adoption in beverage coolers, commercial refrigerators and freezers and similar applications worldwide, as commercial refrigeration equipment manufacturers search for higher efficiency and more cost-effective compressor solutions.
“We are extremely pleased with the support that we’ve received,” stated Jim Connor, President and CEO of Tecumseh Products Company. “Expansion of our Verona manufacturing production wouldn’t be possible without the strong financial assistance from the state of Mississippi. The opportunity is timely as the global economy continues to improve along with the demand for our products.”
“The expansion of these manufacturing lines and the creation of new jobs at Tecumseh’s Verona location are great news for the entire community. Tecumseh’s commitment serves as a testament to the supportive business climate and dedicated workforce,” Gov. Bryant said. “I am grateful to the team at Tecumseh, and I look forward to their lasting success as a member of our growing business community.”
The Mississippi Development Authority provided expansion support for building modifications, infrastructure improvements, and relocation assistance for equipment.
“MDA is dedicated to helping companies such as Tecumseh as they grow and create jobs in our state,” said MDA Executive Director Brent Christensen. “We appreciate the company for retaining the 350 employees at its Verona facility. The additional jobs at Tecumseh’s Verona facility is another sign that Mississippi’s economy is gaining momentum, and we thank our partners in Lee County and at TVA for working with us to make this project possible.”
For more information: www.tecumseh.com