An Illinois-based industry has purchased a building in Union from Neshoba County where it will manufacture chains for the agricultural market.

Allied-Locke Industries, based in Dixon, Ill., purchased the facility, where it plans to employee 15 to 20 initially with an annual economic impact of $1.3 million.

The company purchased the building for $700,000, County Administrator Benjie Coats said.

The money will be used to pay off a CAP loan and a TVA Economic Development loan the county obtained in 2010 when it purchased the building, which is located in the Union Industrial Park.

The building most recently housed DuraSip, which is relocating into another facility at Union.

DuraSip manufactures fiberglass skin, foam core, and structural insulated panels used as walls and roofs for home construction.

Coats called the new industry "a real home run" for Neshoba County with the quality of jobs it will bring.

"Allied approached Neshoba County over two years ago about the potential of locating here," Coats said. "We've been in discussions on and off since that time. The supervisors, along with the Industrial Development Authority and the Community Development Partnership, have been working with officials from Allied along with Tennessee Valley Authority, Mississippi Development Authority and Central Electric Power Association to try and bring a deal together."

Allied currently employs some Neshoba County residents at its facility in Meridian, Coats said.

Board of Supervisors President Keith Lillis expressed appreciation for Allied-Locke for locating a facility in Neshoba County.

"We are proud to have them here," Lillis said. "We've been working on this for two years. We appreciate Allied agreeing to move into Neshoba County. We certainly want to thank TVA, MDA, Central Electric, CDP President David Vowell and the IDA for their assistance on this project."