JACKSON – At a Governor’s Mansion press conference Nov. 1, Gov. Ronnie Musgrove announced a special legislative session – the second one for economic
development this year.
In August, the Legislature convened to consider Musgrove’s new plan for economic development, the Advantage Mississippi Initiative. Many in the state’s business
community considered the new package of incentives critical to attracting industrial development.
Speculation that Nissan will build a $1-billion automotive manufacturing facility on a site near Canton has intensified in recent weeks.
Official word has yet to come from state or Nissan officials, but most economic developers, legislators and business and industry leaders expect an announcement after
final details are resolved during the special session Nov. 6.
The governor did confirm that Mississippi is under consideration by a major international automotive company.
“The success of the special session on Monday is critical to the advancement of economic prosperity and success in our state, particularly as it relates to this project,”
According to the governor, legislators will consider site preparation, transportation and trade. He refused to release specifics until the bill is delivered to the House and
Central District Transportation Commissioner Dick Hall said that plans for a cloverleaf traffic exchange on Interstate 55 near the site are nearing completion.
“We’ve been working on it. It’s practically designed,” he said. “It’ll be a very fast track if all of this comes about. We’re optimistic that it’s going to happen.”
Contact staff writer Elizabeth Kirkland at email@example.com or (601) 364-1042.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info