Gould Industries Ltd. is locating operations in Pike County and will acquire a facility in Summit as part of a $14 million project that the Mississippi Development Authority said will add 65 jobs.
The company, founded in 1954 in Montreal, is a North American leader in recycled plastics, film extrusion and private-label solutions for major retailers, the MDA said. Gould plans to modernize the Summit plant and add production lines to increase capacity, the agency said.
In a statement, President and CEO Frederico Panetta said the move follows a historic route from Quebec to the Mississippi and called the Summit site “a cornerstone of our growth across North America.” The company said it has been recognized as a Top 100 Employer and is investing in talent and innovation to extend its 70-year legacy.
The MDA said Gould operates a vertically integrated model that recycles millions of pounds of waste into high-performance products each year. The agency said it is providing assistance through the Mississippi Flexible Tax Incentive, or MFLEX, program, and that Pike County is also supporting the project. Gov. Tate Reeves welcomed the decision, saying, “Gould Industries’ decision to invest in Pike County is another sign that Mississippi is attracting innovative companies that see long-term value in our state.”
Mississippi Development Authority Executive Director Bill Cork said the state has a record of helping companies move quickly from plan to reality. “We have built a solid reputation for moving fast, staying flexible and delivering for businesses like Gould Industries that are ready to grow,” he said.
Jon Ross Myers is the executive editor and publisher of the Mississippi News Network, Mississippi's largest digital only media company. He can be reached at editor@tippahnews.com
