Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Mississippi Development authority articles below.
Power tool maker Milwaukee Tool will invest $60 million in its new 500,000-square-foot manufacturing facility in Grenada, MS.
The disruptions caused by the pandemic fueled skyrocketing shipping costs, which should ease as market fundamentals return to something resembling normal this year.
While defense spending has remained stable, commercial aviation has been on life support during the coronavirus pandemic. It may take until 2024 to return to pre-pandemic levels of passenger jet air traffic.
Mississippi remains at the forefront of the nation’s aerospace industry as leading, innovative companies continue to grow in the state, creating the high-tech, in-demand jobs of the future.
Mississippi has reduced the amount of capital investment and the minimum number of jobs required to receive aerospace and data center incentives.
The company's new manufacturing and distribution facility in the Chickasaw Trail Industrial Park will create 400 jobs in Marshall County, MS.
From auto to aero and every sector in-between, companies of all sizes and backgrounds are achieving success with a Mississippi location.
The company will invest $100 million in the new facility in Forest, MS, where it will integrate and test cutting-edge military systems.
While auto sales are expected to decrease in 2018, manufacturers can still bank on the larger market share of SUVs and CUVs to help keep the industry afloat.
Mississippi has all the right ingredients when it comes to stimulating corporate growth and success.
The company will move employees from three locations into a new 75,000-square-foot operations facility in Hattiesburg, MS, investing $23 million and creating 91 new jobs.
Automakers are joining forces with tech giants in a full-throttle race to install amazing high-tech advances in vehicles that are ready to roll off the line and hit the road today.
The Magnolia State, already an automotive assembly powerhouse, becomes the epicenter of vehicle tire production with Continental’s $1.45-billion plant.
The $1.45 billion Continental Tire plant in Clinton, MS wins the magazine’s Gold Award for Economic Development Deal of the Year.
The crankshaft manufacturer’s first U.S. manufacturing operations, located in Robinsonville, MS, represent a $140 million corporate investment and 300 new jobs.
In a time of economic development uncertainty, Mississippi always has a way of positioning itself as a top state for business.
The U.S. will need to fill about 3.5 million jobs in advanced manufacturing in the next decade, but as many as 2 million of these jobs may remain unfilled if we don’t close the skills gap.
The unmanned aircraft systems facility will be located within MSU's Thad Cochran Research, Technology and Economic Development Park.
Edison Chouest Offshore will receive more than $36M in incentives, including grants, workforce training, and infrastructure improvement assistance to establish its TopShip facility.
The resource recovery company is investing $45 million in a former International Paper plant, a project that will create 91 jobs.