CEO Guide to Site Selection

Mississippi

ABUNDANT GROWTH IN THE MAGNOLIA STATE

Mississippi has been steadily improving its business climate, with moderate growth in advanced manufacturing, healthcare and aerospace industries. The forest industry remains a key economic driver and in the last year contributed $17.4 billion to the state’s gross domestic product, the highest of any non-farm industry in the state. Meanwhile, Mississippi is also striving to diversify into new sectors. Now in its second year, the Mississippi Cyber Initiative is striving to broaden the state’s capabilities in the cybersecurity industry by leveraging collective expertise in academia, the military and private sector.

“When it comes to the aerospace industry, it’s all systems go in Mississippi. That’s because our state offers a prime location for innova- tive research, well-trained workers and innovative technology development.”
Tate Reeves
Governor

TAXES

0 %

top corporate income tax

# 0

on the Tax Foundation’s State Business Tax Climate Index ranking

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 2010 and 2020

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.

Mississippi Aerospace Initiative Incentives Program: Offers corporate tax incentives to companies that manufacture or assemble components for the aerospace industry.

Mississippi Data Center Incentives: Offers a sales tax exemption for all computing equipment and software used by companies certified as data centers by the Mississippi Development Authority.

Capital Improvements Revolving Loan: Offers loans to counties or municipalities to finance public infrastructure improvements that support business expansion or location.

EDCs

Mississippi Development Authority

mississippi.org

Greater Jackson Alliance/JXN Metro 360

jxnmetro360.org

Hattiesburg Area Development Partnership

theadp.com

HIGHLIGHTED PROGRAM OR INITIATIVE

The Mississippi Flexible Tax Incentive (MFLEX), was passed by the Mississippi legislature in 2022. It’s a streamlined universal tax credit that may be used to offset a company’s Mississippi state tax liabilities. Eligible industries include manufacturers, data centers, warehouse and/or distribution businesses, regional or national headquarters and research and development facilities.

BIG DEALS

  • Albany Industries announced in April 2022 it will relocate manufacturing operations to Calhoun City and create 85 jobs.
  • Milwaukee Tool held a groundbreaking ceremony in May 2022 for a facility in Grenada that is expected to create over 800 jobs.
  • Columbia Industries announced in July 2022 it would relocate its headquarters from Oregon to Starkville and create 62 jobs.
  • Hol-Mac Corporation announced in August 2022 it would expand operations in Bay Springs and create 31 jobs.
  • ArbaBlox announced in September 2022 a $51 million manufacturing plant and 41 new jobs in Winona.
  • Jordan Carriers announced in October 2022 an $11 million expansion and 30 new jobs.
  • Relativity Space announced in October 2022 a $267 mil- lion expansion and 600 new jobs over the next five years.

BIG COMPANIES

  • Sanderson Farms (Fortune 1000 headquarters)
  • Toyota
  • Unified Brands
  • Williams-Sonoma
  • Amazon
  • KOHLER Engines
  • VT Halter Marine
  • Synnex
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.