From The Mississippi Link Newswire
OXFORD – Governor Haley Barbour, officials from Olin Corporation and local officials gathered October 12 for a ribbon-cutting ceremony at the company’s new Winchester Centerfire facility in Oxford.
Olin Corporation announced in November 2010 it would expand its presence in Oxford by locating its Winchester Centerfire ammunition production lines in a new 500,000-square-foot facility in the Lafayette County Industrial Park. The project is a $100 million investment and will create 1,000 new jobs for the area by 2016.
MDA worked closely with Olin Corporation and local officials to help bring the project to fruition. The agency provided assistance to Lafayette County through the Mississippi Industry Incentive Financing Revolving Fund for the construction of the building in which the Centerfire production lines are located. Additionally, Lafayette County provided the site for the facility, as well as site preparation assistance, in support of the project.
Olin Corporation, incorporated in 1892, is headquartered in Clayton, Mo. The company is concentrated in two business segments: Chlor Alkali Products and Winchester. Chlor Alkali Products manufactures chlorine and caustic soda, sodium hydrosulfite, hydrochloric acid, hydrogen, potassium hydroxide and bleach products and is the third largest producer in the North American chlor alkali market.
Winchester is a major global supplier of sporting ammunition and is in its 145th year of operation; Winchester has been part of Olin for nearly 80 years. Winchester products include sporting ammunition, reloading components, small caliber military ammunition and components and industrial cartridges.
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