CEO Guide to Site Selection

Mississippi

ELEVATING THE ECONOMY

Mississippi has been steadily elevating its economic profile over the past few years, embarking on new initiatives to foster innovation and attract new investments. Gov. Tate Reeves announced in May 2024 during Mississippi Economic Development Week that the state continues to break records. At the start of the year, a truck battery joint venture between Cumins, Daimler Trucks & Buses and PACCAR announced a $1.9 billion investment and 2,000 jobs in Marshall County. The state noted several other
large investments in 2024, including a $200 million expansion by Core X Partners and a $22 investment in a facility by Owl’s Head Alloys.

“Yesterday, Mississippi made history in education, today it’s our economy…. What we’re witnessing in Mississippi is unprecedented success that is strengthening our economy, creating high-paying jobs and improving the lives of Mississippians across our state. We’re doing the commonsense, conservative things that are proven to deliver results, and we’re not stopping anytime soon. Thank you to all the hardworking Mississippians who made these historic achievements possible.”
Tate Reeves
Governor

TAXES

0 %

top corporate income tax

# 0

on the Tax Foundation’s State Tax Competitiveness Index

EDUCATION

0 %

of adults 25 years of age and older graduated high school

0 %

of adults age 25 and older have a bachelor’s degree or higher

UNEMPLOYMENT RATE

0 %

RIGHT TO WORK STATE

Yes

QUALITY OF LIFE

# 0

POPULATION GROWTH

0 %

decrease between 2020 and 2023

KEY INCENTIVES

Advantage Jobs Program: Offers a rebate as a percentage of Mississippi payroll to qualified employers for a period of up to 10 years for businesses that promote significant expansion of the economy through job creation.

Sales and Use Tax Exemption for Aerospace Businesses: Offered to aerospace businesses that locate or expand in Mississippi and create at least 25 full-time jobs paying at least 110% of the state or country average annual salary and make an investment of at least $25 million in the state.

Sales and Use Tax Exemption for Data Center Enterprises: To qualify, data centers must invest at least $20 million and create at least 20 new jobs paying 125% of the average state wage.

Manufacturing Investment Tax Credit: Existing manufacturers in Mississippi that have been in business for two or more years and invest $1 million or more in buildings or equipment may be eligible for credits applied to the entity’s state income tax liability.

EDCs

Mississippi Development Authority
mississippi.org

Mississippi Economic Council
msmec.com

Greater Jackson Chamber Partnership
greaterjacksonms.com

Hattiesburg Area Development Partnership
theadp.com

HIGHLIGHTED PROGRAM OR INITIATIVE

Launched by the Mississippi Development Authority and the Stennis Institute, Aspire Mississippi is a statewide program designed to provide skills, knowledge and training to participating communities. It brings together teams from different areas of the state to discuss challenges and foster cooperation and
knowledge-sharing. 

BIG DEALS

  • Owl’s Head Alloys announced in March 2024 a $29 million expansion and 68 new jobs in Jackson.
  • Anduril Industries announced in June 2024 a $75 million expansion and 60 new jobs in Jackson.
  • Swiss manufacturer Liebherr announced in July 2024 a $176 million manufacturing facility and up to 243 jobs in Lee County.
  • Ashley Furniture Industries announced in July 2024 an $80 million expansion and over 500 new jobs in Lee County.
  • Aurora Flight Sciences announced in August 2024 a $43 million expansion and 63 new jobs in Columbus.

BIG COMPANIES

  • Bauhaus
  • Howard Industries
  • Ingalls Shipbuilding
  • La-Z-Boy
  • McKesson
  • McLane
  • Nissan
  • Southern Motion
Roundtable

Strategic Planning Workshop

1:00 - 5:00 pm

Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

Executives expressed frustration with their current strategic planning process. Issues include:

  1. Lack of systematic approach (70%)
  2. Laundry lists without prioritization (68%)
  3. Decisions based on personalities rather than facts and information (65%)

 

Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

Women in Leadership Seminar and Peer Discussion

2:00 - 5:00 pm

Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

Limited space available.

To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

Golf Outing

10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS

General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.