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Tag Archives: MDA

Mississippi businesses see potential for trade with Cuba

By LISA MONTI Biloxi businessman Mike Alise was among a delegation from Mississippi who traveled to Cuba in February to look for trade opportunities. Alise, the owner and operator of Gulf Coast Produce, said he was struck by the lack of available food on the island and the fact that Cuba has to import the most basic commodities from Vietnam ...

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GLENN McCULLOUGH: Automotive industry is driving job creation in Mississippi

A little more than a decade ago, Mississippi had never produced a commercial vehicle. Today, about 4 million vehicles assembled in the state are on the road around the world, and production is showing no signs of slowing down. For Mississippians, more significant than production milestones are the contributions Toyota and Nissan have made to the state and local economy. ...

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MDA faces possible double-digit cut in budget

  By JACK WEATHERLY The budget for the Mississippi Development Authority could be cut by 11.4 percent for fiscal 2018 compared with the previous year. That’s the recommendation from the Legislative Joint Budget Committee for the state’s leading economic development agency. The committee, composed of members of both houses of the Legislature, recommends a 2.3 percent reduction in the fiscal ...

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Tourism agency: European flights to energize Mississippi market

By JACK WEATHERLY British Airways and Condor Airlines will start offering nonstop flights from London and Germany to New Orleans. Visit Mississippi, the state tourism agency, expects that 30 to 40 percent of an estimated 76,000 Euro visitors will take in Mississippi. Agency Director Craig Ray calls it a “game changer” for the state. Mississippi and the city of Memphis ...

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UPDATE: $100 million venture in Ellisville commits to creating 150 jobs by 2020

By JACK WEATHERLY Praxair Surface Technologies Inc. and GE Aviation on Monday announced a $100 million joint venture, PG Technologies LLC, in Ellisville. The project is expected to increase employment at the former GE Aviation facility to 250 by 2020, with the potential to grow to 400 jobs. It currently employs 100, according to an email in response to a question ...

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Cuba trade topic of Oct. 20 MDA seminar

MBJ Staff Taking advantage of trade opportunities with Cuba will be the topic of the one-day seminar hosted by the Mississippi Development Authority. The event will be held Thursday, Oct. 20, from 8:30 a.m. till 4 p.m. at The South Warehouse, 627 E. Silas Brown Street in Jackson. “The summit is an excellent opportunity for Mississippi business leaders interested in ...

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German auto parts maker sets Yellow Creek demonstration

By JACK WEATHERLY Hago Automotive Corp. scheduled a Thursday demonstration of its operation in Yellow Creek Inland Port North in Tishomingo County that will bring 80 jobs. The announcement comes on the heels of a steel-speciality company’s announcement last week of plant at the port, creating 100 jobs. Hago, a wholly owned subsidiary of a Germany-based company, will make parts ...

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Moroccan delegation touring Mississippi

Mississippi State University and the Mississippi Development Authority are hosting visiting officials from Morocco this week. MDA spokesman Jeff Rent says officials from the Moroccan capital of Rabat are visiting Mississippi as part of an effort to build stronger economic ties and cultural relationships between the state and the Rabat region. He says officials signed two agreements to cooperate in ...

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MDA: Protective order still in place on Renaissance project records

By JACK WEATHERLY  Andrew Mattiace has been dealing from a position of strength since January, when he was granted a four-year extension of the deadline to build the $98 million expansion of the Renaissance at Colony Park in Ridgeland. Otherwise, on July 2 he would have lost nearly $30 million in sales tax rebates under a state program for the ...

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Chemical firm announces 150-worker factory in DeSoto County

OLIVE BRANCH — A contract chemical maker will open a factory in Olive Branch, with plans to hire 150 people over three years. BPI Packaging of Memphis, Tennessee, will invest $8 million, buying a 291,000 square-foot building formerly occupied by Sherwin Williams. President Bobby Dunn says the facility allows privately-held BPI to expand its product line. The Mississippi Development Authority ...

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