HVAC products manufacturer Tecumseh Products Co. announced Wednesday that it is expanding operations at its Verona, Miss., facility. The multimillion-dollar project will mean the plant will eventually employ 500 people.

The company will use the Verona plant to expand production of its AE2 commercial refrigeration compressor.

Mississippi Gov. Phil Bryant said Tecumseh’s decision was great news for the state.

“The expansion of these manufacturing lines and the creation of new jobs at Tecumseh’s Verona location are great news for the entire community,” he said. “Tecumseh’s commitment serves as a testament to the supportive business climate and dedicated workforce. I am grateful to the team at Tecumseh, and I look forward to their lasting success as a member of our growing business community.”

Tecumseh President and Chief Executive Officer Jim Connor said the state was a good partner during the process.

“We are extremely pleased with the support that we’ve received,” Connor said. “Expansion of our Verona manufacturing production wouldn’t be possible without the strong financial assistance from the state of Mississippi.  The opportunity is timely as the global economy continues to improve along with the demand for our products.”