The City of Canton and officials from MidSouth Renewables announce the company’s plan to build a new production facility. The new facility will be located at the Canton Industrial Park and will create 47 jobs averaging $50,000 per year with an expected capital investment of approximately $5.7 million dollars.
“We are thrilled that MidSouth Renewables is locating to Canton and we are grateful for their investment. Projects like these bring valuable jobs and growth to our community and we appreciate the leadership MCEDA provided to help bring this project to fruition. We welcome MidSouth Renewables to Canton.”, said Dr. William Truly, Mayor of the City of Canton.
“Community leadership and a strong work force are key components to economic development. Those are two of the many reasons we chose to invest here in Canton and Madison County”, said Mike Jones, CEO of MidSouth Renewables. “We sincerely thank the City of Canton, Madison County, and MCEDA for their collaboration with us in our search for a business home. We’re ready to get started and look forward to a long term partnership with our community.”
“We are pleased to support MidSouth Renewables as the company locates its newest operations in our state, creating new career opportunities for people in the Madison county area,” said Joey Deason, Executive Director of Madison County Economic Development Authority (MCEDA). “We look forward to having MidSouth Renewables grow in our community and assisting in the diversification of our economy. This economic development win was the result of teamwork by the City of Canton, Madison County, and MCEDA.” MidSouth Renewables is an oil and lubricant processing and recycling facility for the production of clean, marketable recycled oil and lubricants. The company is headquartered in Arlington, TN and works with various manufacturing companies to supply recycled oil.