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Stock impact report

Billion-dollar plant breaks ground in Mississippi [Yahoo! Finance]

Cummins Inc. (CMI) 
Last cummins inc. earnings: 4/28 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Amplify Cell Technologies broke ground on Curl Road in Byhalia in Marshall County. “Amplify's purpose is to manufacture cutting-edge battery technology to power zero-emission trucks across all of America,” CEO Kel Kearns said. Amplify's joint venture with three commercial vehicle manufacturers—Daimler Truck, Accelera by Cummins, and PACCAR—is a billion-plus dollar investment in Mississippi and promises to boost employment and economic growth in Marshall County. Ruling means Brooks Museum can continue construction downtown “Two thousand, good-paying, full-time jobs. A hundred and thirty million dollars in payroll. It's going to be paid out to our people every single year,” Governor Tate Reeves said. The payroll for those jobs could average $65,000 a year, which is exciting news for Marshall County's leaders. “That will support future growth. It's a generational impact that will improve the lives of citizens in Marshall County and the surrounding areas,” said Charles Terry Show less Read more
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