Posts Tagged ‘incentive’

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 […] [...]

Company doesn’t use $1.1M in economic development incentives

NATCHEZ — Economic development authorities were able to secure $1.1 million in grants and rail loans as part of a package to entice Genesis Energy to locate its new loading and unloading terminal in Natchez last year, but in the end that money wasn’t needed. Genesis opened its terminal in the port earlier this year. […] [...]

Mall developers just Bryant’s signature away from tax break

PEARL — The Mississippi House has given final approval to a bill that would provide sales tax rebates to the developer of an $80-million outlet mall scheduled to open in November in Pearl. Senate Bill 2806 passed the House 93-22 and heads to Republican Gov. Phil Bryant. It passed the Senate earlier. The bill would […] [...]

Mall could qualify for tax incentive funds via ‘cultural retailing’

by Associated Press Published: February 11,2013

Tags: bill, cultural retailing, funding, incentive, legislation, legislative, outlet mall, retail, retailer, retailing, state government, tax

PEARL — The state Senate has passed a bill to add “cultural retail” attractions to the definition of a tourism project so an outlet mall being built in Pearl will qualify for about $22 million in sales tax incentive funds. State Sen. Dean Kirby, R-Pearl, tells The Clarion-Ledger the state will get a lot more […] [...]

State reaches settlement with failed Twin Creeks

SENATOBIA — The state of Mississippi settled a lawsuit Tuesday with Twin Creeks, a California solar panel company that went out of business after the state spent $27.7 million to construct a building for the business in Senatobia and buy equipment, The Associated Press has learned. “I believe we will make a full recovery of […] [...]

Silicor misses another incentive deadline with county

COLUMBUS — Solar silicon maker Silicor Materials has missed another deadline. The company failed to put up $150,000 in escrow money to show good faith and seal a deal that would have meant hundreds of new jobs to Lowndes County. The Lowndes County Board of Supervisors in December agreed to extend the start date for […] [...]

Finger-pointing begins in Va. over GreenTech project

HORN LAKE and TUNICA — An electric car firm headed by Virginia Democratic gubernatorial candidate Terry McAuliffe never provided Virginia officials enough details to obtain economic development incentives, according to an Associated Press review of state records. McAuliffe claimed in a Dec. 5 news conference that the Virginia Economic Development Partnership didn’t want to bid […] [...]

Report: Investment of $227M has netted less than 500 jobs

ACROSS MISSISSIPPI — Mississippi has disbursed nearly $227 million in aid to six alternative energy companies since 2010, but so far has fewer than 500 jobs to show for it. Research by The Associated Press finds the state has put in most of its total commitment, mainly in loans, to help some companies get off […] [...]

City awards tax exemptions to two companies

OLIVE BRANCH — Two companies have requested and received tax exemptions from Olive Branch city government in preparation for moving into sites along the Polk Lane corridor. The Commercial Appeal reports Milwaukee Electric Tool, which announced early this year that it would move to another site within the city to expand, and Millstone Medical Outsouring, […] [...]

Shipbuilder starts construction on expansion; adding 400 jobs

PASCAGOULA — VT Halter Marine has started construction on a new multimillion-dollar ship repair facility at the company’s Pascagoula yard. Gov. Phil Bryant and company officials say the expansion at the Bayou Casotte shipyard will create 400 new jobs. The company has three ship construction facilities, all located in Mississippi, with one facility in Pascagoula […] [...]

« Previous Page Next Page »

Recent Posts

Polls

How ready is your business for health care reform?

View Results

The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

Loading ... Loading ...

Recent Comments