Source: Mississippi Development Authority
ST Engineering Halter Marine and Offshore, Inc. creating 100 jobs, investing $10 million at Pascagoula site
Jackson, Miss. (Feb. 18, 2020) – Ship maintenance and repair company ST Engineering Halter Marine and Offshore, Inc., is expanding in Pascagoula. The project is a $10 million corporate investment and will create 100 jobs.
“The shipbuilding and repair industry is a powerhouse on the Mississippi Gulf Coast, generating billions of dollars for the state’s economy and providing skilled jobs for thousands of Mississippians,” Gov. Tate Reeves said. “STEHMO’s growth builds upon that momentum and will continue to do so as the company’s growth opens doors for new contract opportunities.”
STEHMO, along with its sister company VT Halter Marine, is growing as a result of recent market opportunities. The expansion will enable the company to perform new commercial repair work for larger ships and oil platforms that require greater size and lifting capacity. STEHMO is adding dock space and water depth adjacent to its Bayou Casotte site. The company also is investing in machinery, equipment and building upgrades.
“We would like to thank the Mississippi Development Authority, the Jackson County Economic Development Foundation, Jackson County Board of Supervisors and Jackson County Port Authority for their support throughout this process,” said Nian Hua Lim, president of ST Engineering Halter Marine and Offshore. “It has been a pleasure working with all the stakeholders on the plan to upgrade STEHMO’s facility. With these developments, STEHMO will be in an excellent position to grow the marine and offshore business and create more employment opportunities for the Gulf Coast community.”
The Mississippi Development Authority is providing assistance to offset the cost of dredging adjacent to the STEHMO site. MDA also has approved the company for the Advantage Jobs Rebate program, which provides a rebate to eligible businesses that create new jobs that exceed the average annual wage of the state or the county in which the company locates or expands.
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Cooperative Energy generates and transmits electricity to 11 Member-owned electric distribution cooperatives. Known as the Power of 12, Cooperative Energy and its Member cooperatives work together to provide safe, reliable and affordable power from the Mississippi Delta to the Coast. The 11 electric cooperatives own and maintain more than 57,000 miles of distribution lines and provide service to approximately 432,000 homes and businesses throughout 55 counties.