Posts Tagged ‘economic development’

Proposed stadium could kill downtown arena initiative

JACKSON — Jackson State University’s recently announced plans to build a domed stadium could effectively kill an effort to build a downtown arena. The city and other arena backers have spent or pledged $180,000 in recent years to study building an arena to host concerts, sporting events and other entertainment, The Clarion-Ledger reported. The key factor [...] [...]

Firm that owes state millions files for bankruptcy

by Associated Press Published: March 11,2013

Tags: bankrupt, bankruptcy, distribtution, economic development, incentive, interest, loan, warehouse

MERIDIAN — A Texas company that Mississippi officials say owes the state $3.5 million has filed for bankruptcy, complicating collection efforts. Handy Hardware, a hardware wholesale cooperative, announced in November it was closing its two-year-old Meridian warehouse. By then, the Houston company had missed an October interest payment to Capital One Financial Corp. and defaulted [...] [...]

DRA, UMMC bringing telehealth center; to create 200 jobs

JACKSON — A new telehealth delivery and education center will provide Mississippians with access to affordable, quality health care as well as expand medical training to providers, according to a joint news release from the Delta Regional Authority and the University of Mississippi Medical Center. Center leaders estimate that the new Mississippi Delta Healthcare Workforce [...] [...]

Ground broken for 1.3M square-foot distribution center

OLIVE BRANCH — Gov. Phil Bryant was among those on hand to celebrate a new business for the Olive Branch area. Bryant attended a ceremony yesterday marking the pending construction of a distribution center for Helen of Troy, a health and personal care product manufacturer. Helen of Troy expects its new 1.3-million-square-foot facility to be [...] [...]

Old depot to begin new life as shopping destination this week

GULFPORT — The city of Gulfport is trying to turn what was once a busy train depot into a shopping destination. The historic old train depot in downtown Gulfport stopped operating in the early 1950s. Since then, it has served as a temporary site for a restaurant and a museum. The city spent about half [...] [...]

Workforce training tax credit would replace jobs tax credit for qualifying companies

A bill that would create a grant fund to help businesses pay for workforce training has cleared the House and sits in a Senate committee. House bill 117 would take $2 million from the Mississippi Major Economic Impact Authority Tax Incentive Fund and use it as seed money to create the job training fund. The [...] [...]

Southern’s Polymer Institute lends support to companies

HATTIESBURG — During the third quarter of 2012, The Mississippi Polymer Institute at the University of Southern Mississippi provided outstanding technical assistance to four Mississippi-based manufacturing companies yielding $3 million in direct financial impact and resulting in the creation of 11 new jobs in the state. This is according to a release from InnovateMEP Mississippi. [...] [...]

MDA leading trade mission to two European countries

by MBJ Staff Published: February 25,2013

Tags: economic development, export, exporter, exporting, international trade, state agency, trade mission

JACKSON — The Mississippi Development Authority (MDA) will lead a business development mission to Germany and Poland from May 20-24. MDA invites Mississippi business representatives to participate in the trip, which is designed to connect Mississippi companies looking to expand trade and create business relationships with opportunities in the two markets. “MDA has established contacts [...] [...]

Economic development organizations launch new blog

VICKSBURG — Vicksburg economic development partners have launched a blog to keep the public informed on what is going on in the world of economic development and its effect on Vicksburg and Warren County. Several Vicksburg organizations started meeting last fall to discuss marketing internally. The organizations include the Chamber of Commerce, Main Street, Convention [...] [...]

City officials offer tax breaks to two companies

SOUTHAVEN — Southaven has approved 10-year tax exemptions for two companies that will bring jobs to the city. The Commercial Appeal reports EXCEL and Creedence Holdings, doing business in the city as West Coast Novelty, received unanimous approval from the seven-member Board of Aldermen. Mayor Greg Davis said EXCEL would bring 127 jobs to the [...] [...]

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