A “world-class” company in DeSoto County plans to create 600 jobs and invest $20 million over the next five years, the Mississippi Development Authority announced Tuesday.
The jobs will be created by the SYNNEX Corporation, which recently expanded in DeSoto County about an hour and a half from Corinth.
“The new jobs being created by SYNNEX in Northwest Mississippi have paved the way for hundreds of individuals to pursue exciting, high-tech careers with the company while strengthening the communities in which SYNNEX is located,” Gov. Phil Bryant said.
SYNNEX provides data servers, cloud storage, and networking solutions to its customers.
The company recently moved its Mississippi distribution operations from Olive Branch to an existing facility in Southaven and converted its Olive Branch location into a manufacturing facility. The company will create the new jobs between both facilities, with the bulk of the jobs being created in Olive Branch.
The Mississippi Development Authority is providing assistance for building improvements and equipment relocation and installation. Mississippi Works funds are available to assist with workforce training.
“The Northwest Mississippi region gives world-class companies like SYNNEX the tools to thrive in today’s global economy while bringing exciting careers to the people of our state,” said MDA Executive Director Glenn McCullough, Jr.
The cities of Southaven and Olive Branch and DeSoto County will consider providing assistance in the form of 10-year partial property tax exemptions and a Free Port Warehouse exemption. The Tennessee Valley Authority and Entergy are assisting with the project as well.