Home > Chambers of Commerce, Economic Development News > Economic Development News – Week of April 19, 2010

Economic Development News – Week of April 19, 2010

Mississippi Economic Development News – Week of April 19, 2010

This Thursday, April 22, is the deadline for the MEDC Community Economic Development Awards (CEDA) nominations due in the MEDC office.  For more information and to read about past winning projects go to  http://www.medc.ms/CEDA/CEDA%20front%20page.html

Office products company Acco Brands Corp. is expanding its operations in Booneville, adding another 35-40 workers to one of its manufacturing plants.

Mississippi voters should reject eminent domain petition.

George Freeland, executive director of the Jackson County Economic Development Foundation, talked about how the region has worked to find economic development opportunities that best suit each area. He also talked about a multi-state aerospace alliance.

Gov. Haley Barbour has signed a bill authorizing more than $300 million in bonds to finance highways, bridges and other transportation projects.

Gov. Haley Barbour has signed HB 1701 into law authorizing bonds for tourism and other projects and for incentives for clean energy and aerospace manufacturing facilities and for data centers.  The 257-page bill is at http://billstatus.ls.state.ms.us/documents/2010/pdf/HB/1700-1799/HB1701SG.pdf

(John) Atherton also talked about the benefits of the (Kemper County power) plant from an economic development standpoint. He said 1,000 jobs will be created during peak construction, with 260 permanent jobs.

An agreement between airports in Panama and Gulfport should open the door to international cargo flying through south Mississippi.

The Mississippi District of U. S. Small Business Administration (SBA) reached a milestone in mid-April, having guaranteed 700 loans valued at $130.7 million thus far in fiscal year 2010.

“Traffic isn’t what it’s been in the past. But we’re seeing some improvement along those lines,” said Joseph Geddie, executive director of the North Mississippi Industrial Development Association in West Point.

Join the MEDC group for members only on LinkedIn.

The Economic Development News is a weekly service provided to members of the Mississippi Economic Development Council (MEDC), Mississippi’s state association of economic development and chamber of commerce professionals – www.medc.ms

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

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