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Hyperion Technology Group Expands Operations in Tupelo, Mississippi
Published by Area Development
Engineering services company Hyperion Technology Group, Inc. is relocating and expanding operations
in Tupelo, Mississippi. The company plans to invest $500,000 and is expected to create 25 jobs.
Hyperion's rapid growth requires the company to relocate to a larger facility to fulfill additional contracts.
Hyperion will move from its current 11,000-square-foot facility to a 48,000-square-foot facility formerly
used as a beverage distribution center.
"We are proud to be a native Mississippi high-tech engineering research company. Since our beginning in
2009, we have received a tremendous amount of support from the governor, Mississippi Development
Authority, the city of Tupelo and the Community Development Foundation, as well as our federal and
state legislators, without which we would not be as successful as we are today, and we are very thankful
for their ongoing support," said Hyperion President & CEO Geoffrey Carter. "The opportunities in
Mississippi are endless, and we have been fortunate to be in a position to attract many customers from
the United States and around the world to demonstrate the many opportunities Mississippi has to offer.
"I often tell people that it is a privilege to work with some of the smartest and most technically creative
people in the world, and that includes our employees, the researchers at our state universities and the
other companies we partner with in the state," he added.
Hyperion Technology Group, which started in 2009 at the Renasant Center for IDEAs, provides custom
electronic systems, such as embedded systems, signal processing, intelligent power and control systems,
to government and industry consumers around the world. Hyperion Technology Group currently employs
37 workers in Tupelo. The company plans to begin operations in its new facility in early summer.
Mississippi Development Authority is providing assistance for building renovations, as well as a loan to
the city of Tupelo for the purchase of the building. Hyperion will lease the facility on a long-term basis
from the city.
Mississippi workers are trained to help high-tech companies like Hyperion Technology Group achieve
and maintain success in our state. A decade ago, Hyperion was a start-up company in Tupelo. The
company's expansion and addition of dozens of new jobs is proof we have the workforce and business
climate needed to ensure our companies can to deliver quality goods and services to even more consumers around the country and worldwide," Governor Phil Bryant said.
"Hyperion Technology Group is a shining example of a Mississippi company achieving its goals in our
state. MDA congratulates the company on this latest milestone, as well as for its growth, which is creating
25 new high-tech career opportunities for Mississippians in Lee County," said MDA Executive Director
Glenn McCullough, Jr. "We salute the teams at the Community Development Foundation and the city of
Tupelo for working with MDA as we support Hyperion Technology Group's growth in North Mississippi."
Copyright 2019 Halcyon Business Publications, Inc.
Hyperion Technology Group participated in their first Toys for Tots donation! Hyperion employees purchased and donated over 200 items in one week: bikes, games, books, dolls, and other toys for children between 12 months and 12 years of age. Pictured: Mr. Geoff Carter, President of Hyperion Technology Group and Mr. Charles Adkins, Toys for Tots .
A decade after its founding, Hyperion Technology Group is expanding its operations for the second time and adding jobs. The $500,000 investment will create 25 jobs as it moves from its current facility on West Jackson Street to the former Mitchell Distributing warehouse on Commerce Street. The company now employs 40. "We are excited about Hyperion 's expansion and the continued growth of this local company. These high-paying, high-tech jobs will be a great boost for our local economy," said Tupelo Mayor Jason Shelton . Hyperion Technology Group provides custom electronic systems, such as embedded systems, signal processing, intelligen t power and control systems to government and industry consumers around the world. The company started in 2009 at the Renasant Center for IDEAs business incubator and "graduated" in 2012. "It's what we envisioned with the incubator process back in 2002," said Community Development Foundation President and CEO David Rumbarger. " We put some flesh on it with a building in 2006, and now a graduate is now employing another 25 high -tech, high-paying careers. We've had other graduates, like Homestretch (furniture), which employs 400. To say they're a success is almost an understatement." Hyperion's move to Commerce Street will be into a 48,000-square-foot building, quadrupling its current space. Company president and CEO Geoffrey Carter said hiring of the 25 employees - all engineering and technology jobs - has begun, and he hopes to have them on staff within 18-24 months. "Over the past year, we've had tremendous growth, not only with our military sales but our industrial and commercial sales," he said. "We've simply outgrown our facility and had to find a bigger facility." The Mississippi Development Authority is providing assistance for building renovations, as well as a loan to the city of Tupelo for the purchase of the building. Hyperion will lease the facility on a long-term basis from the city. Carter said Hyperion will be moving some staff into its new location in the next few weeks, with some equipment now in storage to be shifted over almost immediately. Additionally, as part of the renovation of the building, some 30 offices will be added. That work is expected to be finished by the fall to allow a complete move-in of the company's operations. Shelton said the deal will not cost city taxpayers any money. Hyperion Technology Group received the Governor's Award for Innovation last year. The company is recognized as an industry leader in custom electronic systems development.
Engineering services company Hyperion Technology Group, Inc. is relocating and expanding operations in Tupelo, Mississippi. The company plans to invest $500,000 and is expected to create 25 jobs. Hyperion's rapid growth requires the company to relocate to a larger facility to fulfill additional contracts. Hyperion will move from its current 11,000-square-foot facility to a 48,000-square-foot facility formerly used as a beverage distribution center. "We are proud to be a native Mississippi high-tech engineering research company. Since our beginning in 2009, we have received a tremendous amount of support from the governor, Mississippi Development Authority, the city of Tupelo and the Community Development Foundation, as well as our federal and state legislators, without which we would not be as successful as we are today, and we are very thankful for their ongoing support," said Hyperion President & CEO Geoffrey Carter. "The opportunities in Mississippi are endless, and we have been fortunate to be in a position to attract many customers from the United States and around the world to demonstrate the many opportunities Mississippi has to offer. "I often tell people that it is a privilege to work with some of the smartest and most technically creative people in the world, and that includes our employees, the researchers at our state universities and the other companies we partner with in the state," he added. Hyperion Technology Group, which started in 2009 at the Renasant Center for IDEAs, provides custom electronic systems, such as embedded systems, signal processing, intelligent power and control systems, to government and industry consumers around the world. Hyperion Technology Group currently employs 37 workers in Tupelo. The company plans to begin operations in its new facility in early summer. Mississippi Development Authority is providing assistance for building renovations, as well as a loan to the city of Tupelo for the purchase of the building. Hyperion will lease the facility on a long-term basis from the city. Mississippi workers are trained to help high-tech companies like Hyperion Technology Group achieve and maintain success in our state. A decade ago, Hyperion was a start-up company in Tupelo. The company's expansion and addition of dozens of new jobs is proof we have the workforce and business climate needed to ensure our companies can to deliver quality goods and services to even more consumers around the country and worldwide," Governor Phil Bryant said. "Hyperion Technology Group is a shining example of a Mississippi company achieving its goals in our state. MDA congratulates the company on this latest milestone, as well as for its growth, which is creating 25 new high-tech career opportunities for Mississippians in Lee County," said MDA Executive Director Glenn McCullough, Jr. "We salute the teams at the Community Development Foundation and the city of Tupelo for working with MDA as we support Hyperion Technology Group's growth in North Mississippi." Copyright 2019 Halcyon Business Publications, Inc.
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Hyperion Technology Group participated in their first Toys for Tots donation! Hyperion employees purchased and donated over 200 items in one week: bikes, games, books, dolls, and other toys for children between 12 months and 12 years of age. Pictured: Mr. Geoff Carter, President of Hyperion Technology Group and Mr. Charles Adkins, Toys for Tots .