More Than 150 New Jobs Coming, How You Will Help Pay for Raytheon's Expansion
FOREST, Miss.–The big announcement came Monday that Raytheon will be expanding its facilities and that will create 150 new jobs when it’s complete. There’s also the potential for that number to go up to 200 jobs, but you will help pay for some of the expansion.
Raytheon specializes in military electronics, like radar, and has been in Forest for 30 years. That anniversary was also Monday.
“I am honored to join global defense leader Raytheon for this exciting announcement, particularly on a day dedicated to our U.S. military veterans and their contributions to our country,” said Gov. Phil Bryant. “Raytheon has been a valued partner to the state of Mississippi and our strong defense industry for 30 years, and I am grateful to the company for further strengthening its roots here and creating so many new jobs for our workforce. I congratulate the company on this expansion and on this milestone anniversary.”
What you’ll be paying for, some of the infrastructure surrounding the plant, like roads. The state also offered to help in other areas, like renovations, to make sure Raytheon’s expansion of over 20,000 sq. ft. stayed in the Magnolia State, said the Miss. Development Authority.
“Forest has consistently contributed to Raytheon’s manufacturing prowess and affordability since we opened our doors here in 1983,” said Raytheon Pres. Rick Yuse. During three decades, Raytheon has added more than 30 programs and expanded to three shifts per day to ensure that our technology is available to the world’s most advanced military forces.”
The company has been in business for about 90 years, 60 before coming to Forest. They are headquartered in Massachusetts.