Alden Group opening new facility in Smith County

  • Renewable energy company creating 30 jobs in Raleigh
  • Expansion represents corporate investment of more than $12.5 million

Jackson, Miss. (October 24, 2023) – Alden Group Renewable Energy is opening a new facility in Smith County. The project is a $12.535 million investment that will create 30 new jobs.

Alden Group works with area poultry processors to transform waste products into a dry matter that is then sold to refineries to make biodiesel. Alden Group’s strategic new Smith County location will put the company closer to its suppliers.

The Mississippi Development Authority is providing assistance for road improvements. Smith County also is assisting with the project.

Alden Group began construction on the facility in the fall of 2022. The company plans to fill the 30 jobs incrementally during the ramp-up of the facility, which is expected to be at full operation by the end of 2024.

QUOTES

“I’m proud to welcome Alden Group Renewable Energy as Mississippi’s newest corporate partner. The company’s investment in Raleigh will bring 30 good job opportunities to the citizens of Smith County. This project is another win for our state and will further strengthen Mississippi’s growing economy.” – Gov. Tate Reeves

“MDA’s ongoing efforts to support businesses like Alden Group reap dividends when their investments in our communities generate jobs, which strengthen local tax bases and even create indirect jobs as a result of their confidence in our business environment and workforce. Alden Group’s partnership with existing poultry processors in Mississippi is creating dozens of new jobs for the citizens of Smith County, and MDA looks forward to the positive impact these jobs and investment will have on the county and Central Mississippi Region for years to come.” MDA Deputy Executive Director Laura Hipp

“After considering multiple locations for Alden Group’s next facility, we made the decision to invest in Raleigh, Mississippi, and the greater Smith County region. We are pleased to provide new jobs to the area and will build our workforce by leveraging the diverse talent in Smith County. We are extremely grateful for the support we have received from MDA, alongside the support from the Mid-Mississippi Development Authority and the Raleigh mayor’s office, which has been instrumental to the successful construction of the new facility.” – Alden Group President Richard Thayer                                       

“On behalf of the Smith County Board of Supervisors, we are excited that Alden Group selected Raleigh for this new facility. The jobs and investment this brings to Smith County will be a benefit to the county for years to come.” – Smith County Board of Supervisors President Howard Hammons

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 About Mississippi Development Authority

Mississippi Development Authority is the state’s lead economic and community development agency. MDA focuses on new business recruitment, existing business expansion, workforce training, and tourism promotion. For more information, visit MDA’s website at mississippi.org.

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