Mississippi Business
Governor Tate Reeves, Mississippi Development Authority celebrate Economic Development Week
Jackson, Miss. (May 6, 2023) – To recognize the important role economic development plays in the growth and prosperity of the state, Governor Tate Reeves proclaimed May 6-10 as Economic Development Week in Mississippi.
“There’s no better time to celebrate economic development in Mississippi. That’s because our state continues to shatter economic development records,” said Governor Tate Reeves. “This year alone, we finalized the largest private sector investment and payroll commitment in Mississippi history. Our state’s unemployment rate is at an all-time low, and we’re making historic investment toward training Mississippians for the jobs of the future. Mississippi has momentum, and I look forward to our state attracting even more companies and creating even more jobs…
By: Kirk Daniel
Title: Governor Tate Reeves, Mississippi Development Authority celebrate Economic Development Week
Sourced From: mississippi.org/news/governor-tate-reeves-mississippi-development-authority-celebrate-economic-development-week/
Published Date: Mon, 06 May 2024 18:03:31 +0000
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Mississippi Business
Greenville Kearns Aerospace Maintenance expanding in Washington County
SUMMARY: Greenville Kearns Aerospace Maintenance (GKAM) is investing $11.75 million to expand its operations in Greenville, creating 31 new jobs and bringing its total job commitments to 281. The expansion includes retrofitting two hangars for aircraft painting and hazmat services, positioning GKAM as one of the largest aircraft depots in the U.S. and the largest veteran-owned small business in the country. The Mississippi Development Authority is supporting the initiative through the MFLEX program. GKAM aims to complete the expansion by mid-2025, enhancing regional economic growth and offering new opportunities for local workers.
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Mississippi Business
Gulf States Canners expanding in Hinds County
SUMMARY: Gulf States Canners is expanding its Clinton, Mississippi facility with a $40.8 million investment, creating 19 new jobs. Established in 1972, the company produces canned and bottled products for Coca-Cola bottlers. The modernization project aims to improve efficiency and capacity, including a new PET bottle production line for Coca-Cola sparkling products and Dasani water. Support comes from the Mississippi Flexible Tax Incentive program and local government agencies. The expansion is expected to be completed within a year, with job creation occurring over the next two years. Local leaders express excitement about the positive economic impact on the community.
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Mississippi Business
Aurora Flight Sciences expanding in Lowndes County
SUMMARY: Aurora Flight Sciences, an aircraft manufacturing company and Boeing subsidiary, is expanding its Columbus facility with a project costing nearly $43.8 million, aiming to create 63 jobs by the end of 2025. The expansion includes adding 50,000 square feet of manufacturing space and refurbishing 40,000 square feet, along with new equipment and technology enhancements. The Mississippi Development Authority supports the project through the MFLEX program, with additional assistance from AccelerateMS and Lowndes County. Local leaders emphasize Mississippi’s strength in aerospace manufacturing and the positive economic impact of this significant investment.
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