HII to hand out $500 bonuses

PASCAGOULA, Miss. - Huntington Ingalls Industries’ (HII) personnel in south Mississippi and Virginia will receive a one-time $500 bonus as a result of the firm’s response to the federal Tax Reform Act, which lowers corporate taxes. HII is the parent company of Ingalls Shipbuilding in Pascagoula. HII-Pascagoula, the state’s largest manufacturing employer, has some 11,500 workers. Since forming in 2011, HII has opened new apprentice school facilities at both of its Pascagoula and Newport News, Va. shipyards; and spent nearly $100M annually on workforce development, said President/CEO Mike Petters. In 2017, HII reached a four-year labor agreement extension. The bonus will be given to all employees with the exception of those who work through an incentive plan. (Source: Sun Herald 02/15/18)