Upon announcing the appointment of Brett Christensen to the directorship of the Mississippi Development Authority, Gov. Phil Bryant recalled joking about the salary with current interim chief Jim Barksdale. “I told (Barksdale) I would double what Leland Speed was making,” Bryant said. “Leland was making a dollar a year.” The governor has an eye for [...]
Continue reading...Tuesday, May 1, 2012
In the wake of the Mississippi Business Journal story this week that Mississippi and 28 other states are making no effort to determine the true returns their states are gaining from tax incentives granted businesses in exchange for promises of jobs and capital investments, it’s important to remember if you google “economic development benefits,” you’ll [...]
Continue reading...Monday, April 9, 2012
The Asset Development Division of the Mississippi Development Authority (MDA) has launched an interactive website, http://assetmap.mississippi.org, to showcase unique assets found in communities throughout Mississippi. The website pinpoints historic sites, unique businesses, tourist attractions and natural resources found in communities that have undergone MDA’s asset mapping process. The website also highlights markers found along the [...]
Continue reading...Tuesday, March 27, 2012
Saf-T-Cart, manufacturer of steel welding carts that transport and store oxygen and acetylene tanks, is expanding in Clarksdale to meet production demands. The company of 55 workers will add 20 workers with the expansion. The project represents a company investment of $240,000 as well as $300,000 in Mississippi Development Authority-sponsored Community Development Block Grant (CBG) [...]
Continue reading...Wednesday, March 21, 2012
With the promise of a $75 million loan from the Mississippi Development Authority in hand, Redwood City, Calif.-based Virdia is ready to begin scouting for a site to convert the state’s soft pine into sugars for biofuel makers. The one certainty about the plant’s location is that it will be near an ample supply of [...]
Continue reading...Monday, March 19, 2012
In a move that ensures Sanderson Plumbing Products Inc. will remain in Columbus and keep its 400-person workforce intact, Beneke Magnolia Inc. has acquired the 110-year-old maker of toilet seats. The Mississippi Development Authority provided the locally-owned Beneke Magnolia a $2.5 million loan to assist with the acquisition. The MDA made the loan through its [...]
Continue reading...Friday, March 9, 2012
The Mississippi Development Authority (MDA), along with the Mississippi World Trade Center and the U.S. Small Business Administration, will host the 2012 Gulf States Trade Alliance Annual Export Conference from April 10-12 at the Beau Rivage Resort and Casino in Biloxi, Miss. The Gulf States Trade Alliance is comprised of economic development agencies from Mississippi, [...]
Continue reading...Tuesday, February 7, 2012
he Mississippi Development Authority (MDA) will lead a delegation of state business leaders on a business development mission to Tel Aviv, Haifa and Jerusalem, Israel from March 17-22. The trip is designed to connect Mississippi businesses looking to expand trade and create business relationships with opportunities in Israeli markets. During the business development mission, delegates [...]
Continue reading...Wednesday, January 18, 2012
From the Mississippi Development Authority: Kimberly-Clark Corporation [NYSE: KMB] has announced it is locating a distribution facility in Southaven, Miss. The company’s Southaven distribution center will employ more than 100 workers and represents a capital investment of approximately $2 million. “I am pleased Kimberly-Clark is expanding its business presence in Mississippi,” Governor Phil Bryant said. [...]
Continue reading...Monday, January 9, 2012
The Mississippi Development Authority announced this afternoon that Rolls-Royce North America has added a second jet engine test stand at the John C. Stennis Space Center in Hancock County. MDA says the $50 million project will create 35 new jobs. FROM THE MISS. DEVELOPMENT AUTHORITY Today, Governor Barbour announced that Rolls-Royce North America is adding [...]
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Tuesday, May 15, 2012
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