Power Dynamics Innovations awarded $1.55M from Gulf Coast Restoration Funds SB2977
Jackson, Miss. (July 24th, 2020) – Custom equipment manufacturer Power Dynamics
Innovations recently relocated its operations from Stennis Space Center to Picayune, a $500,000
corporate investment, to accommodate company growth and was awarded $200,000 in ACE
Grant Funds, a first for Pearl River County.
Now, the company was the recipient of $1.55M in appropriations and will invest $310,000 in
private matching funds as a result of SB-2977 this legislative session.
Power Dynamics Innovations will utilize these funds to expand its current facility in Picayune
Industrial Park to include new overhead crane capacity, manufacturing equipment and creation
of additional office space and building improvements.
“Power Dynamics Innovations is very proud to have the opportunity to assist Picayune, Pearl River County and the State of Mississippi in workforce development and their continuing effort in being a great place to live, work and do business. We greatly appreciate the efforts of MDA and our local and state governing agencies in assisting us,” said Carl Liberty of Power Dynamics Innovations.
"Pearl River County is proud to support Power Dynamics as it grows and adds investment in our county,” said Blaine LaFontaine of PRC Economic Director.
"Our state leaders and Board of Supervisors should be commended for their efforts in securing funds for our local industries.”