Joint venture to create 90 jobs in Lowndes County
Terberg Taylor Americas Group, LLC is opening a specialty vehicle manufacturing facility in Lowndes County. The project is a $15.9 million corporate investment and will create 90 jobs.
Terberg Taylor Americas Group is constructing a specialty hauling vehicle facility as a joint venture between Taylor Group of Companies of Louisville, Mississippi, and Royal Terberg Group of the Netherlands. The joint venture will establish a factory in the state and build up a distribution network for the sales, after sales and rental of the Terberg models of terminal tractors.
“The Taylor Group of Companies and Royal Terberg Group global partnership is a testament to the strength and success of Mississippi-rooted companies,” said Mississippi Gov. Tate Reeves. “Mississippi is a prime location for global partnerships. With the state’s low cost of doing business and market access with our ports and highways, transport of products – domestic and international – happens with ease.”
The facility will be built as a scalable design so that it may continually meet production demands. The first terminal tractor is expected to be built in the third quarter of 2023.
“Taylor has enjoyed our relationship with Terberg,” said Robert Taylor, President and COO, Taylor Group of Companies. “We are excited to bring these products and manufacturing to the U.S. and Mississippi. We look forward to this great adventure with these two great companies coming together as one in this joint venture.”
The Mississippi Development Authority is providing assistance for site preparation and infrastructure needs. Lowndes County also is assisting with the project.
“We are delighted that both family businesses are setting up a joint venture to produce terminal tractors in the United States,” said Godfried Terberg, Chairman of the Board, Royal Terberg Group and Rob van Hove, CEO, Terberg Special Vehicles. “The combination of expertise, craftsmanship, experience and network of Terberg and Taylor will give a great boost to the sales and service of Terberg terminal tractors in the United States.”
Terberg Taylor Americas Group’s new operations have grown out of the cooperation of the two family-owned businesses into a global partnership. Currently, Terberg’s Special Vehicles division has factories in the Netherlands and Malaysia. Taylor Group of Companies has several facilities throughout the United States.