Grenada Stamping gets $200K to refurbish metal stamping press

January 27, 2014

Grenada Stamping, Grenada, Miss., has received $200,000 from the Mississippi Development Authority’s Job Protection Grant program to refurbish a metal stamping press. The press is used to make parts for appliances and automobiles.

The company is spending $250,000 of its own money to complete the project. It has added 165 jobs in the last three years.