New business agreement to create 60 jobs in Natchez

President of The Blain Companies, Lee Stevens, speaks about the new business venture in Natchez.

From The Mississippi Link Newswire

NATCHEZ – Governor Phil Bryant and officials from The Blain Companies and Fores Canada Inc. announced a business agreement that will create approximately 60 new jobs for Natchez-area residents.

Blain, which currently maintains quarry operations in Natchez, is expanding its presence in the area with the launch of a new business division, Magnolia Frac Sand LLC, and will supply sand to Fores Canada Inc. Fores Canada Inc.'s new divisions, Fores Frac Sand LLC and Fores Resin Coat LLC, will produce frac sand and resin-coated frac sand to be used by the oil and gas industry for hydraulic fracturing operations. Hydraulic fracturing of conventional and unconventional reservoirs, such as shale wells, is conducted by the oil and gas industry to enhance oil and natural gas recovery.

As a result of this partnership, Blain is investing $7 million in Magnolia Frac Sand and will create approximately 30 new jobs. Fores is investing $27 million in its new Mississippi location and also will create approximately 30 new jobs. The Mississippi Development Authority (MDA) worked closely with company and local officials to help facilitate the projects and provided funding for infrastructure needs.

Adams County provided funding to assist with the projects, as well.