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Economic Development

RAIL program could have significant impact

RAIL provides loans to municipalities and counties for freight rail service projects The Mississippi Freight Rail Revolving Loan/Grant (RAIL) program may not generate banner headlines, but there is no arguing that it could make a huge impact economically in the state. A program of the Mississippi Development Authority’s (MDA’s) Community Services division, RAIL provides loans to municipalities and counties for ...

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Promoting economic development MDA’s job

PriorityOne is a key strategy in the state’s business retention and expansion efforts Assisting businesses in solving long-term problems, promoting economic development and job creation and strengthening and diversifying local Mississippi economies. That is priority one for the Mississippi Development Authority’s PriorityOne program. A creation of the agency’s Existing Industry and Business (EIB) division, the PriorityOne program was introduced in ...

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Hattiesburg’s ADP looking to Newell for new direction

Meridian native arrives with solid economic development credentials    The last two presidents of the Area Development Partnership (ADP) had limited economic development experience. Needing a new leader to replace the departing Dr. Angie Godwin, the Hattiesburg-based organization’s board went looking for someone with a proven economic development background. And, the board feels it has found its man in Chad ...

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Leadership program gets needed boost

STARKVILLE — The Appalachian Regional Commission (ARC) has approved $697,051 for Mississippi State University (MSU) to create the High Performance Leadership Institute, a program aimed at turning around failing and underperforming schools in Mississippi. MSU will partner with the Mississippi Department of Education in the establishment of the High Performance Leadership Institute. After studying similar efforts in other states, MSU ...

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ATK a key player in Delta II satellite launch

IUKA — Alliant Techsystems (ATK) played a key role in the successful launch of a United Launch Alliance Delta II rocket for NASA from Space Launch Complex 17B at Cape Canaveral Air Force Station, Fla., carrying the Missile Defense Agency’s Space Tracking and Surveillance System (STSS) Demonstrators Program satellite. Nine ATK GEM-40 solid propulsion strap-on boosters provided augmented thrust for ...

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Study: Geothermal showing ‘strong growth’

A new report by the Geothermal Energy Association (GEA) shows strong growth in new geothermal power projects continuing through 2009. U.S. Geothermal Power Production and Development Update, Sept. 2009, identifies 144 new geothermal projects under development in fourteen states that could represent as much as 7,100 megawatts (MW) of new baseload power capacity. When added to the 3,100 MW of ...

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Chiquita returns to West Pier at Port of Gulfport

GULFPORT — Operations for Chiquita Brands International Inc., a major importer of bananas, have returned to the Port of Gulfport’s West Pier, Berth 1. Chiquita’s vessel, the 666-foot long EUROS LISBON, docked at Berth 1 on the West Pier earlier this month, marking the first time in more than four years that the docking space was available for use. Chiquita ...

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Camgian seizes on opportunity

Pearl native founded company that designs wireless sensor systems that drive down power consumption When the San Jose, Calif.-based Cypress Semiconductor Company announced its intention to close its Starkville design center, the founder of a Starkville-based company saw a great opportunity. Camgian Microsystems, a company that designs and develops low-cost, low-power wireless sensor systems for the federal government and private ...

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Mississippi making significant strides

Swoope and his team were ready for downturn and have reacted with more business for state Mississippi has made significant gains in economic development despite facing the effects of a national recession, Mississippi Development Authority (MDA) officials said. The MDA is hoping that momentum will continue. “In April 2008, we still had record employment, but in September, we saw the ...

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Housing surge

Coast housing expected to surpass pre-Katrina levels by 2011   After Hurricane Katrina, former Biloxi Mayor Gerald Blessey said the unprecedented damage meant that nothing short of a government program similar to the Marshall Plan instituted to help Europe recover from World War II would be necessary to help the region recover. “The fundamental question is this:  Will the normal ...

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