Luxembourg-based steel and aluminum alloy ingredients manufacturer Traxys Cometals Processing, a unit of metals marketing, distribution and trading company Traxys North America, announced that it's infusing $10 million in inaugurating a plant in northeast Mississippi.
Traxys Cometals plans to hire 25 workers at the plant.
The facility is expected to be completed this month at Yellow Creek Port on the Tennessee Tombigbee Waterway near Burnsville.
Yellow Creek will raise funds from the state money for construction and will own the building.