• Renewable energy company creating 30 jobs in Raleigh
  • The expansion represents a corporate investment of more than $12.5 million

Alden Group Renewable Energy is opening a new facility in Smith County. The project is a $12.535 million investment to create 30 new jobs.

Alden Group works with area poultry processors to transform waste products into dry matter that is then sold to refineries to make biodiesel. Alden Group’s strategic new Smith County location will put the company closer to its suppliers.

The Mississippi Development Authority is providing assistance for road improvements. Smith County also is assisting with the project.

Alden Group began construction on the facility in the fall of 2022. The company plans to fill the 30 jobs incrementally during the ramp-up of the facility which is expected to be at full operation by the end of 2024.

QUOTES

“MDA’s ongoing efforts to support businesses like Alden Group signify our commitment to sustainable energy solutions, as well as demonstrate the state’s appeal as a prime
location for innovative companies. Alden Group’s partnership with existing poultry processors in Mississippi is creating dozens of new jobs for the citizens of Smith County, and MDA looks forward to the positive impact these jobs and investment will have on the county and Central Mississippi Region for years to come.” – MDA Interim Executive Director Laura Hipp

“After considering multiple locations for Alden Group’s next facility, we made the decision to invest in Raleigh, Mississippi and the greater Smith County region. We are
pleased to provide new jobs to the area and will build our workforce by leveraging the diverse talent in Smith County We are extremely grateful for the support we have received from MDA,
alongside the support from the Mid-Mississippi Development Authority and the Raleigh Mayor’s office, which has been instrumental to the successful construction of the new facility.” – Richard Thayer, Alden Group President

“Mississippi continues to create an environment where businesses in any sector can flourish. Connecting existing industries with new technologies is just another way to help build
economic opportunities for all Mississippians. This investment is a win for Smith County, and it is yet one more way to see how pro-business policies help grow the future of our economy.”
– Gov. Tate Reeves

For further information, please contact:

Stephanie Abrego
Vice President, Corporate Services
Office: (281) 466-3756
Email:  Info@AldenRenewable.com
www.AldenRenewable.com