WATER VALLEY, Miss. (AP) — Transmission maker BorgWarner will expand its north Mississippi plant again, investing $43 million and hiring up to 158 new employees.
It's the fourth time BorgWarner, which now has 339 employees at the Water Valley plant, has announced an expansion there in the past four years.
The Mississippi Development Authority will provide $2.5 million to help with infrastructure needs, $200,000 for one-time expenses, and worker training. The Tennessee Valley Authority and Yalobusha County also provided undisclosed help.
The company says its expanding production of some transmission systems including Eco-Launch, which allows for the quick automatic transmission function needed when automakers design engines that stop and start quickly to improve fuel economy.
BorgWarner, based in Auburn Hills, Michigan, makes transmissions, all-wheel-drive systems, turbochargers, cooling systems and other engine components.