Saylor Wheel locating manufacturing operations in Greenwood
- Company to create 145 new jobs
- Project represents a corporate investment of approximately $23.4 million
Jackson, Miss. (May 18, 2023) – Saylor Wheel LLC is locating manufacturing operations in Greenwood. The project represents a $23.4 million corporate investment that will create 145 new jobs.
Saylor Wheel will manufacture tire and steel wheel assemblies for the trailer industry with the steel wheels vertically integrated into the manufacturing process. The investment includes the purchase and rehabilitation of an existing building in Greenwood, as well the purchase of manufacturing and non-manufacturing equipment.
The Mississippi Development Authority is providing assistance in support of the project through the Mississippi Flexible Tax Incentive, or MFLEX. Leflore County and Greenwood also are assisting with the project.
Rehabilitation of the building will soon be underway, and the company aims to begin operations in the coming months.
“This $23.4 million investment and 145 new jobs is a testament to the strength and vitality of Mississippi’s economy. The products produced by Saylor Wheel right here in Mississippi will help drive economic growth and strengthen Leflore County. I’m thankful for Saylor Wheel and look forward to seeing the positive impact of their manufacturing operations in Leflore County. – Gov. Tate Reeves
“We are thrilled to welcome Saylor Wheel to Greenwood and Leflore County. This economic development win speaks to the hard work and dedication of our community leaders and economic development professionals, all of whom work tirelessly to attract high-quality jobs to our state. We anticipate Saylor Wheel’s growth and success in Mississippi.” – MDA Deputy Executive Director Laura Hipp
“Two words come to mind regarding the start of Saylor Wheel: gratitude, and teamwork. Teamwork by the Delta Council, the Economic Development Foundation, the city, the county, the state of Mississippi, the USDA, our political leaders, our investors, the community development entities MRC and Southern Bancorp, and the numerous professionals that critically contributed to this project – they made this company a reality. My gratitude for their help exceeds my reach for words. Now is the time to make wheels in the Delta.” – David Saylor, President, Saylor Wheel, LLC
“The city of Greenwood is delighted that Saylor Wheel chose our city as its new home. We welcome the new opportunities that this company will provide to the citizens of Greenwood and the Mississippi Delta.” – Mayor Carolyn McAdams, City of Greenwood
“We appreciate the confidence that Saylor Wheel has in Leflore County and the tremendous investment that they are making in our community. We look forward to having them as part of our corporate family.” – Reginald Moore, President, Leflore County Board of Supervisors
“We are pleased to add Saylor Wheel to the growing list of companies that Delta Strong has worked to locate in our region. This is a great example of what can happen when our development partners at the local, state, and federal level work together to increase capital investment with the private business impetus provided by Delta Strong.” – Wade Litton, Chairman, Delta Strong
“We’re so excited to work with Saylor Wheel to help bring their new facility to the Greenwood-Leflore community, located in our Rural Partners Community Network. This project will bring new high-paying jobs to the area, and it serves as a wonderful example of what can be accomplished when good companies are given the support they need to flourish. Businesses like this are key to economic development nationwide, because when rural America thrives, all of America thrives.” – Dr. Trina N. George, State Director, USDA Rural Development
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.