Home > Economic Development News > Mississippi Economic Development News – June 22, 2009

Mississippi Economic Development News – June 22, 2009

U.S. personal income continued to decline in the first quarter of 2009, falling 0.5 percent and encompassing 37 states, according to estimates released by the U.S. Bureau of Economic Analysis. However, Mississippi and most of the Southeast saw a rise.

Alabama has joined forces with Mississippi and Florida in Paris to promote the growing aerospace cluster in the South, one that threatens to grab new business such as the U.S. Air Force tanker contract, and is not above trying to tempt away aviation business already in Washington.

A Starkville-based technology firm developing “next-generation” electronic systems celebrated a grand opening of its headquarters Friday with an eye on the future.

Progress is the name of the game this summer for the metalworking programs at Jones County Junior College. The college now houses one of only three Advanced Manufacturing Centers for Excellence in the state. New equipment has been delivered to the college, and nationally certified instructors at JCJC will use it to deliver advanced skills training in metalworking.

 SUNDAY MORNING WITH — Jon Mabry, COO, Miss. Development Authority’s Disaster Recovery Division

Officials anticipate the start of work on a new building next month in the Thad Cochran Research, Technology and Economic Development Park as plans to expand the park take shape.

Singing River Electric announced the approval of a $1.1 million zero-interest loan by the U.S. Department of Agriculture’s Rural Business Service and Singing River Electric to fund an economic development project in Greene County, says Singing River Electric assistant manager Mike Smith.

The last decade of the 1990s was a good one for Mississippi employment with total non-farm employment in the state growing by 14.3 percent over that period.  Different sectors drive in 2000s.

Turning right onto Charleigh Ford Drive, the motorist passes by more rows of trimmed trees planted in freshly cut grass surrounding a large, oval-shaped sign welcoming him to the Golden Triangle Global Aerospace Park.  While only a plan now, this scene soon may be a reality in the area surrounding the GTRA, Columbus-Lowndes Development Link Chief Executive Officer Joe Higgins explained Wednesday during the Link’s quarterly luncheon at the Columbus Country Club.

The Mississippi Home Corporation (MHC) will hold a free Homebuyer Fair on June 30th, 2009 … in Marks, MS. The fair will be hosted by MHC, Quitman County Community Development Organization, and USDA/Rural Development.  Representatives of the host organizations will answer questions and provide valuable information about affordable homebuying programs, credit scores, and the homebuying process in general.

Horn Lake is seeking a community development block grant to build a railroad spur line to service a “significant expansion” of a local plant.

“We look at this as an economic development project, not just a nursing school project,” (Joe Max) Higgins said. “They have a targeted (construction) starting date of next spring. The building will probably be complete within about a year of that date.”

U.S. Representative Gregg Harper (R-Miss.) joined the Mississippi Poultry Association to announce that Mississippi’s Third Congressional District leads the nation in poultry production, according to recently released data from the U.S. Department of Agriculture’s 2007 Census of Agriculture.

Last call – To reserve your room at the Beau Rivage for the MEDC 2009 Summer Conference July 22-24.  The block of rooms has been extended through this week, however, there are ony a few left at the reduced rate!  FYI- The Beau has a 72-hour cancellation policy.

Are you registered for the MEDC Summer Conference?  Please confirm at http://www.medc.ms/S’09RegistrationsReceived.html. Check to be sure the Thursday afternoon networking activity you chose is noted in the far right column.

Carol Hardwick, Executive Director
Mississippi Economic Development Council, Inc. (MEDC)
P. O. Box 3721, Jackson, MS  39207
601-352-1909 . carol@medc.ms . www.medc.ms
2009 Summer Conference . July 22-24 . Beau Rivage . Biloxi

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