Home > Chambers of Commerce, Economic Development News > Mississippi Economic Development News Week of January 11, 2010

Mississippi Economic Development News Week of January 11, 2010

The MEDC Winter Conference “REINVENTING, RENEWING, REFOCUSING DURING CHALLENGING TIMES” is February 3-5. Registration information is at www.medc.ms.

On the first day of the 2010 session, House and Senate lawmakers breezed through the bill, which will provide $15 million in bonds to help Wilh. Schulz GMBH build a plant in Tunica County. Officials say the factory will bring 500 jobs to the region within five years.

Barbour envisions South Mississippi as a major hub.  Palmer’s Crossing rail yard could take shipments from several ports.

With the state’s business community struggling through a lengthy recession, legislative leaders are crafting potential relief.  When talking of pulling out of the recession, business leaders and lawmakers have repeatedly pointed to job creation, something both say will help replenish lost tax revenue.

The Southeast U.S. has a number of critical site location factors that make it a highly attractive region for expansion and relocation projects.

Economic development officials on Wednesday announced the first project to use funds from a $50 million education endowment pledged by Toyota Motor Corp.

AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE: AAI), today resumed scheduled service from Gulfport/Biloxi, Miss., to the carrier’s hub in Atlanta and added new service from Gulfport/Biloxi to Tampa/St. Petersburg, Fla.

Separate, independent audits presented to the Public Service Commission found no problems with how Entergy Mississippi and Mississippi Power Co. purchase fuel and will not recommend any changes to their policies.

State of the States – A Fresh Look. The following pages highlight recent corporate facility projects, new laws and incentives policies, updated FDI figures, wages, employment, demographics and Recovery Act funds facts in one easy-to-digest compendium.

Jackson, Mississippi, ranks 36th on the Best Cities for Business in the Wall Street Journal’s MarketWatch.

Mississippi can’t afford not to provide these incentives to provide 500 quality jobs over the next five years in the state’s most economically challenged region.

The company (Nissan) is completing a $118 million expansion to accommodate the additions.

The goals for the Clinton Chamber draw on what I consider to be the “foundational strengths” of our community – our effective city leadership, the excellence of our school system and Mississippi College, which is our anchor.

Kiplinger’s Personal Finance has named the 100 best values in public colleges, and Mississippi State University is the only state institution of higher learning to make the ranking.

The city of Moss Point has a new economic development director.

The Mississippi Public Service Commission (MPSC) has approved Entergy Mississippi Inc.’s quarterly fuel adjustment, meaning customers ring in the New Year with the lowest electric bills in six years, according to the utility.

Throughout this year, the Port of Gulfport Restoration Program has progressed from a conceptual plan to the design and engineering phase.

Carol Hardwick, Executive Director
Mississippi Economic Development Council (MEDC)
P. O. Box 3721, Jackson, MS  39207
MEDC 2010 Winter Conference . February 3-5 . Hilton . Jackson
MEDC 2010 Summer Conference . July 21-23 . Beau Rivage . Biloxi

MEDC is Mississippi’s professional association of economic development and chamber of commerce professionals.

  1. Charlotte Ivy Morrow
    February 1, 2010 at 4:03 pm

    What are the short and long term projections for the two plants associated with Toyota in Itawamba County, Boshuko, and the Well Springs area, Toyota Corporation?

    • February 22, 2010 at 10:56 am

      You should contact the Community Development Foundation in Tupelo for more information about these plants – http://www.cdfms.org

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