Latest news with #MississippiFlexibleTaxIncentive

Yahoo
06-05-2025
- Business
- Yahoo
Amazon spending millions more, adding another 1,000 jobs in Mississippi. What to know.
Amazon is at it again in Mississippi. The company is continuing its investment in Mississippi by locating inbound cross dock operations in Marshall County. The project is expected to create 1,000 new jobs. Amazon will construct a 930,000-square-foot facility in Chickasaw Trails Industrial Park that will receive and consolidate products from vendors. Amazon will then ship the products to surrounding fulfillment centers within its network. When Amazon Web Services made its announcement in January of 2024 that it will occupy two Madison County locations, the historic buildout was for four hyperscale development center buildings. But that wasn't the beginning. Amazon has been working with Mississippi for some time now as it opened its 700,000 square-foot fulfillment center at the Madison County Mega Site in 2022. That ultimately will bring more than 1,000 full-time jobs to the area. That build started that conversation with AWS, which led to where Mississippi is now. Mississippi Development Authority is providing assistance for the Marshall County project through the Mississippi Flexible Tax Incentive, or MFLEX, program. MDA also is assisting with road improvements. Marshall County is assisting with the project, as well. 'Amazon's decision to invest millions to establish a cross dock facility in Marshall County marks another notable win for Mississippi and spotlights the state as a key player in the global supply chain." Bill Cork, MDA executive director said about the Marshall County project in a statement. "Also, the addition of 1,000 more jobs in Marshall County via Amazon sends a very clear message: we have the workforce and the business environment to support companies of any size. The MDA team is proud to once again partner with Amazon as the company steadily increases its footprint in Mississippi and brings so many opportunities to the people of our state.' Amazon plans to complete the project and fill the new jobs over the next three years. 'This new site will allow us to better serve customers in Marshall County and the surrounding area. We're grateful for our partnership with Mississippi Development Authority and Marshall County. We look forward to sharing more details about this facility in the future.' Jessica Breaux, Amazon Senior Manager of Economic Development said in a statement. Ross Reily is a writer for the Clarion Ledger, part of the USA TODAY Network. He can be reached at rreily@ or 601-573-2952. You can follow him on the X platform, formerly known as Twitter @GreenOkra1. This article originally appeared on Mississippi Clarion Ledger: Amazon spending millions more, adding another 1,000 jobs in Mississippi
Yahoo
17-04-2025
- Business
- Yahoo
GE Aerospace to expand Batesville plant, adding 100 jobs
PANOLA COUNTY, Miss. (WJTV) – GE Aerospace will expand its manufacturing capacity in Batesville. According to officials, the expansion will include an $11 million investment and will create 100 new jobs. The expansion will add industrial equipment, precision measuring tools and high-precision machines. It also will add inspection technology, which will enable the Batesville site to maintain quality as it increases the production of components used in narrowbody and widebody aircraft engines and military fighter jet and helicopter engines. Conservation group names Mississippi River 'most endangered,' cites proposed FEMA cuts 'From the start, the GE Aerospace site has been at the forefront of manufacturing cutting edge parts that are key for the future of aviation. The site's role and number of employees continues to grow. These parts that are made from new, advanced materials play a key role in providing more efficiency and durability in GE Aerospace's newest engines. We are grateful for the partnership we have with the county and Mississippi to strengthen manufacturing in the region,' said Brian Rapien, GE Aerospace Plant Leader, Batesville Composites Operation. The Mississippi Development Authority (MDA) is providing assistance through the Mississippi Flexible Tax Incentive, or MFLEX, program. MDA also is assisting with building improvements and equipment relocation. AccelerateMS, Panola Partnership, TVA and Northwest Mississippi Community College are assisting with the project, as well. The company expects to fill the jobs over the next three years. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
15-04-2025
- Business
- Yahoo
ABB invests $40M in Senatobia, adding 122 new jobs
SENATOBIA, Miss. (WJTV) – ABB, a global electrification technology company, will expand operations in Senatobia to meet growing market demand. The project represents a corporate investment of $40 million and will create 122 jobs. The expansion includes the addition of 200,000 square feet to the company's Senatobia facility, as well as the addition of new equipment. Officials said this will enable ABB to increase production of its air circuit breaker and molded case circuit breaker lines. Dallas Wings select Ole Miss star Madison Scott in 2025 WNBA draft 'Economic development in Mississippi is thriving, and this latest win from ABB continues that trend. The reasons companies like ABB continuously choose to invest private capital and create more jobs in Mississippi are crystal clear: our inviting business environment and pro-business mindset. Mississippi has momentum, and this investment is further proof of that,' said Gov. Tate Reeves (R-Miss.). The Mississippi Development Authority (MDA) is providing assistance through the Mississippi Flexible Tax Incentive, or MFLEX, program. Tate County and the city of Senatobia also are assisting with the project. ABB expects to complete the expansion during the first quarter of 2026. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
28-03-2025
- Business
- Yahoo
Vicksburg Shipyard to add 44 jobs with $26M investment
VICKSBURG, Miss. (WJTV) – The Vicksburg Shipyard will establish vessel repair and maintenance operations in Vicksburg. The project represents a $26 million corporate investment over the next five years and is expected to create at least 44 jobs in Warren County. A subsidiary of Louisiana-based Terral RiverService, Vicksburg Shipyard is purchasing assets and land at the Port of Vicksburg. Vicksburg Shipyard will service most of Terral RiverService's 42 boats and more than 200 barges, as well as service many other maritime companies' boats and barges that may have previously gone out of state for repairs and maintenance. Ergon Refining invests $400 million to expand Vicksburg operations 'We believe Vicksburg Shipyard will not only help Terral RiverService operate more efficiently but will help many of the towing companies and barge lines operating in and around Mississippi and along the Mississippi River. Bringing jobs to the communities we live and operate in has always been a focus of Terral RiverService, and we look to continue that with the growth of Vicksburg Shipyard,' said Tom Gattle, CEO of Terral RiverService. Mississippi Development Authority (MDA) is providing assistance through the Mississippi Flexible Tax Incentive, or MFLEX, program. The Vicksburg Warren Economic Development Partnership also is providing assistance for the project. 'Vicksburg Shipyard will be a shot in the arm for the shipbuilding industry in the State of Mississippi and in Vicksburg. These are good-paying jobs for our community that will continue to build on the strength of our local economy and the area's long term economic strategy,' said Vicksburg Mayor George Flaggs, Jr. Vicksburg Shipyard plans to begin operations immediately. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
26-02-2025
- Business
- Yahoo
Software developer will expand operations in Starkville
JACKSON, Miss. (WJTV) – Camgian Corporation, a software developer specializing in artificial intelligence and machine learning, will expand its operations in Starkville. The project is a $2.5 million investment that will create 15 jobs. 'Camgian continues to experience strong growth in Mississippi! With the expansion of our Starkville headquarters, we are excited to drive innovation and create new opportunities for the future,' said Camgian Corporation CEO Gary Butler. Red Cross of Mississippi will offer free A1C testing in March For the expansion, the company will enhance its infrastructure. This will include upgrades to its high-performance computing capacity to support large-scale AI model training and testing. Camgian also will broaden its software development and testing capabilities to keep pace with the increasing market opportunities for its products and services. Mississippi Development Authority (MDA) is providing assistance through the Mississippi Flexible Tax Incentive, or MFLEX, program. The city of Starkville and Oktibbeha County are also assisting with the project. Camgian's expansion is a big win for Starkville and the Golden Triangle, bringing more high-tech jobs and reinforcing our region's role in AI innovation. Their investment in advanced computing shows the strength of our local tech sector, and we're excited to support their continued growth,' stated Golden Triangle Development LINK CEO Joe Max Higgins. Camgian Corporation plans to complete the project and fill the new jobs within three years. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.