Home > Chambers of Commerce, Economic Development News > Mississippi Economic Development News Week of January 10, 2011

Mississippi Economic Development News Week of January 10, 2011

Mississippi Economic Development News – January 10, 2011

State lawmakers swiftly signed off on an incentive package to lure a $500 million solar panel-making plant to Mississippi during the first day of the 2011 legislative session Tuesday.

If you’re wondering why Stion decided to lay down roots in Hattiesburg, look no further than the presence of a major research university and a community college boasting a track record of work force development – both located near a manufacturing base.

Hattiesburg-based Merchants Foodservice continues its growth trend with a 32,000-square-foot expansion to its Jackson distribution center.

Toyota and Nissan have big plans in Mississippi this year.  Toyota’s long-in-the-works manufacturing plant in Blue Springs is set to start producing Corollas this fall. Nissan will begin building light commercial vehicles this month at its Canton plant.

MEC President Blake Wilson said the new (Blueprint Mississippi 2011) effort allows “an opportunity for us to celebrate our victories” while readdressing parts of the 2004 plan that haven’t been realized.

BizCapital, the small business lending division of Advantage Capital Partners, has provided an SBA 7(a) loan in the amount of $1.6 million to S&N Airoflo Inc., a manufacturer of an energy-efficient aerator used for the treatment of municipal and industrial wastewater.

Part of the Stennis Institute at Mississippi State University, and sponsored by the Mississippi Development Authority, the First Impressions group came to Senatobia, anonymously, and familiarized themselves with our government, our shops, and our restaurants.

Higher education schools an asset to state.

Mississippi has so streamlined its economic development process that, in DeSoto County, a company just has to call Jim Flanagan, the president and chief executive officer of the DeSoto County Economic Development Council, Jensen said.  “You say, ‘Jim, I’ve got a half-million-square-foot logistics operation. They employ 100 people and they’re investing $25 million.’ He’ll call you back in the next day or three days later and say what he can do for you.”

Community Foundation announces 2010 community stars.  Jim Flanagan, President and CEO of the DeSoto County Economic Development Council, is being honored as Man of the Year.

National Clean Fuels president and chairman Maurice Stone reports that the company’s Mississippi biomass project is progressing as expected after meeting with representatives of the Center for Environment, Commerce & Energy.

An up close look at the northeast Mississippi region and how it compares to the rest of the state was the focus of a monthly program Friday in Tupelo.

Have you registered for the MEDC 2011 Winter Conference in Jackson?
“Community and Economic Development is a Marathon!”
February 2 – 4
Check the List of Registrants at http://www.medc.ms.
See the agenda and get registration information at www.medc.ms
Sponsors, sign up now and have your website linked on the MEDC Conferences page and be listed in all the conference material – must sign up this week!

MEDC calendar:
2011 MEDC Winter Conference . February 2 – 4 . Jackson
2011 MEDC Summer Conference . July 13 – 15 . Biloxi

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, CAE, Executive Director
Mississippi Economic Development Council (MEDC)
P. O. Box 3721, Jackson, MS  39207
www.medc.ms . 601.352.1909
fax: 601.352.2061

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