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Tag Archives: Tax incentives

Read April 30 issue of the MBJ

>> KEMPER COUNTY COAL PLANT HEARING Public Service Commission votes 2-1 to reissue Kemper certificate— By Clay Chandler Also in this week’s paper: >> SIERRA CLUB PREPARES ITS LATEST KEMPER CHALLENGE Calls facility an expensive, unnecessary environmental hazard— By Clay Chandler >> STUDY: STATE LAGS IN ASSESSING VALUE OF TAX INCENTIVES Many have no policy requiring evaluations of incentives, Pew ...

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MDA: Kimberly-Clark to Southaven, 100 jobs

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. “I applaud this well-respected global ...

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Clock ticking on year-end tax incentives and planning

The clock is ticking on a number of year-end tax incentives and breaks. Before companies start singing “Auld Lang Syne,” experts say they better have taken advantage of ways to reduce their tax liability through incentives and asset assessments if they want the new year to be a happy one. “It’s not too late, but businesses need to be working ...

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Clock ticking on year-end tax incentives, breaks

The clock is ticking on a number of year-end tax incentives and breaks. Before companies start singing “Auld Lang Syne,” experts say they better have taken advantage of ways to reduce their tax liability through incentives and asset assessments if they want the new year to be a happy one. “It’s not too late, but businesses need to be working ...

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Aldermen approve plans for proposed entertainment district

CORINTH — The city of Corinth could become another town in Mississippi to have a designated Arts and Entertainment District. The Daily Corinthian reports aldermen agreed last week to prepare a legal description of the district for the state to review. Aldermen hope to approve a final plan in January. The program allows a local government to create an entertainment ...

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Mitsubishi Electric awarded incentives for Memphis plant

MEMPHIS — Mitsubishi Electric will receive more than $34 million in tax incentives for building a $200-million high-voltage power transformer factory that is expected to create 281 jobs in Memphis, documents show. Mitsubishi Electric Power Products announced plans Monday to build the plant on 140 acres at an industrial park near the Mississippi River. The plant, which is expected to ...

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Incentive enhances profits

Of Mississippi’s 82 counties, 49 of them are located within the Go Zone region   Tax incentives created under the Gulf Opportunity Zones legislation in 2005 have helped spur economic development as the region recovers from hurricanes that rocked the region that year. Extensions for the federal legislation have been approved by the U.S. Senate and await approval from the ...

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