Finding the Gem

Ultra-premium appliance manufacturer finds rural Mississippi is its "diamond in the rough."

By Kimberly D. Acreback

Companies that are willing to invest in a rural community often find that the community is equally as willing to invest in them.

One of the many advantages to locating in a small town is the opportunity to directly influence and enhance the quality of life in a community, while improving one's own bottom line. The relationship between the Viking Range Corporation and Greenwood, Mississippi, is a perfect example of the tremendous success awaiting businesses that are willing to commit themselves to small, "diamond in the rough" communities.

Greenwood, located in the heart of the Mississippi Delta, is a friendly community of 20,000. It's situated midway between Jackson, MS, and Memphis, TN, at the intersection of U.S. Highways 82 and 49. Much like many other small southern towns, it was originally an agricultural community where cotton was king. Now home to companies like Viking Range, Greenwood has strong forward momentum.

Viking, a manufacturer of ultra-premium appliances such as rangetops, cooktops, ovens, refrigerators, dishwashers, compactors and food waste disposers, is a homegrown company founded by local contractor Fred Carl, Jr. in the early 1980s. Its full line of high-end appliances can be found on the sets of popular cooking shows and in the homes of some of the world's most famous chefs and celebrities.

Viking has not only won critical acclaim from professional chefs, but also from historic architecture advocates. The Main Street Association in Greenwood and the Mississippi Heritage Trust both awarded Viking for its exemplary rehabilitation of several buildings on Front Street. "We've got beautiful buildings that would be a shame to tear down and replace with something steel and glass," said Dale Persons, Viking's Vice President of Public Affairs. "We wanted to beautify the area, but maintain the integrity of the buildings."

All Front Street buildings restored by Viking are listed on the National Historic Register. The corporate headquarters is housed in a restored opera house, while Viking's other Front Street buildings are housed in former cotton factory buildings.

Viking's location in a rural community has enabled it to apply for numerous grants, giving the company the capital needed to grow and to invest in the community. According to Persons, "Mississippi life has been good to us. Good things have been happening here in Greenwood, so it made sense to stay in the area."

The impact on both the community and the company has been tremendous. Viking has its pick of applicants with the right attitude, as well as the appreciation and loyalty of the community. Greenwood has an investor who is determined to make both its company and its community a success.

"The work ethic is excellent, and the community is so proud of what Viking has done, they support us 100 percent," Persons said. "They're proud to create a world-class product."

Lisa Cookston, president of the Main Street Association, said, "The downtown was neglected and merchants were moving away, but when people saw the commitment Viking was making to the community, it sparked their interest in returning to downtown. It showed that downtown Greenwood is a good investment."

According to Brian Waldrop, CFO and senior vice president, "Viking doesn't compete against other companies, but works hard to get other companies to develop and grow in the region." Viking's philosophy is, "Anything that improves the quality of life in Greenwood helps the Viking Corporation."

Viking's most recent downtown project is the restoration of a hotel that was built in 1917. Hotel Irving, which has been vacant for 10 years, will become one of the premier boutique hotels in the United States. Featuring 50 rooms, a day spa and a restaurant, Waldrop said, "It allows us to house our visitors in a fine dwelling, but it's also good for tourism."

Cookston agrees. "People are amazed when they see buildings that were in disrepair, which are now bright and shiny and bustling with activity. It's made our downtown pedestrian-friendly again."

When asked why other executives should consider expanding or relocating their businesses to rural Mississippi, Waldrop said, "My children have grown up here and think it's the best place in the world. The community has excellent things going for it…the people are very receptive and will work in any way, shape or form to make you successful."

The payback for investing in a small community is undeniable. What was once just a simple sketch on the back of a contractor's notepad, Viking has evolved into an internationally-distributed appliance brand, and what was once an uncut gem, Greenwood is now a shining example of the potential just waiting to be revealed by companies that choose rural Mississippi.

 

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