State, Provincial, & International Reviews
Monday, November 19 2018
From auto to aero and every sector in-between, companies of all sizes and backgrounds know they can achieve success with a Mississippi location. With a business-friendly environment and collaborative, can-do attitude among state, regional and local leaders, Mississippi encourages companies to expand existing operations or locate new facilities in the state. As a manufacturing magnet, Mississippi consistently recruits top-tier companies with a highly-skilled and highly-motivated workforce.
In April, Toyota Mississippi announced plans to create new production lines at its automotive manufacturing plant in Blue Springs. The expansion represents a $170 million investment and will create 400 additional jobs by spring 2019. The plant currently employs 1,500 direct workers, with 2,000 workers total on site.
Thursday, November 30 2017
A winning formula needs the right ingredients. Mississippi has all of them. From a skilled and productive workforce to the state’s low corporate tax rate, Mississippi’s pro-business environment fosters growth and attracts new investment. State and local leaders work hand-in-hand with Mississippi’s corporate partners to create new career opportunities statewide.
Thanks to the state’s highly efficient one-stop permitting process, Continental Tire broke ground just 10 months after announcing the tire maker was locating in Hinds County. This project netted the state a number of economic development awards and accolades by the world’s fourth largest tire manufacturer. The plant reflects an investment of $1.45 billion and 2,500 new jobs, while significantly reinforcing Mississippi’s leadership position in the Southern Automotive Corridor.
“Building this new facility in Mississippi is a critical part to our growth strategy for Continental Tire,” said Nikolai Setzer, a member of Continental’s executive board and head of Continental’s global tire business worldwide. “This is the first new plant, globally, for the truck tire business in more than 10 years. And, at $1.4 billion, this is the largest investment ever for our CVT business. We are convinced that the state of Mississippi provides the best options for Continental to grow our tire business.”
Wednesday, January 11 2017
Mississippi continues to ensure its business-friendly environment encourages companies of all sizes and sectors to locate or expand existing footprints within the state.
In February 2016, Mississippi celebrated a landmark day in economic development success with Continental Tire the Americas, LLC announcing $1.45 billion in new investments and 2,500 new jobs. Also in 2016, three new ship-to-shore gantry cranes valued at $30 million at the Port of Gulfport strengthen the state’s impressive infrastructure. These accolades and advancements prove Mississippi is continuously striving to reach new heights and cultivate new advantages.
Continental Tire’s decision to locate in Central Mississippi was named the No.1 economic development project in the Southeast for the winter 2016 quarter, signifying Mississippi’s leadership position in the Southern Automotive Corridor. The world’s fourth-largest tire manufacturer broke ground in Clinton, Miss., on November 3, 2016.
Thursday, January 14 2016
To achieve sustainable success in today’s fast-paced economy, companies require a competitive advantage, and global leaders across a wide range of industry sectors are finding that advantage in Mississippi.
All across the state, economic development professionals at the state, regional and local levels work together to provide companies with a business environment fostering innovation, growth and longevity. This collaboration includes using available resources to meet the unique needs of today’s businesses, helping ensure their long-term success.
Mississippi’s competitive energy rates and low operating costs combined with the state’s seamless, one-stop permitting process amplifies the strong business climate that companies expect from a Mississippi location. Additionally, Mississippi knows a well-trained, available workforce is a top priority for companies seeking a new location or businesses looking to grow existing operations. The state partners with its top-ranked network of 15 community colleges to provide customized workforce training programs to ensure Mississippi’s workers not only meet – but exceed – companies’ expectations across the board, from aerospace to agribusiness, advanced manufacturing to automotive.
Monday, January 26 2015
Global aerospace leaders are calling Mississippi home in growing numbers. Compelling business advantages like the state’s low operating costs, minimal tax burden, easy access to U.S. and international markets and proximity to important military installations have attracted numerous aviation companies to the state, and they are thriving as a result Mississippi’s productive, well-trained workforce.
The state works with its network of 15 community colleges and universities to create customized training programs to meet companies’ specific needs. These programs equip employees with the skills they need to ensure the success of aerospace companies in the state. Mississippians are now engaged in the production everything from helicopters to unmanned aerial vehicles to composite jet engine components.
In fact, Mississippi has played an integral role in the continued growth and success of aviation leaders like GE Aviation, Rolls-Royce, Lockheed Martin, Raytheon, Airbus Group, Northrop Grumman, Aurora Flight Sciences, and Stark Aerospace.