Thursday, December 28, 2023

State Invests $17 Million in Site Development

 Governor Tate Reeves issued the following statement. 

Governor Tate Reeves today announced the state of Mississippi is investing nearly $17 million in site development grants to further develop industrial sites throughout the state. The proposed projects represent Governor Reeves’ continuing commitment to attracting more opportunities for business development. The funding for these projects is being made available through the Mississippi Development Authority.
“Last year we brought in a record amount of new economic development, and these grants will help to continue Mississippi’s momentum,” said Governor Reeves. “These long-term investments are designed to create ideal opportunities where companies will find shovel-ready sites on which to build, grow and expand. This is key to our strategy of bringing more higher-paying jobs to local communities.”
MDA is committing $16,859,893 in Site Development Grant – Select Sites funding. Created in 2021, the Select Sites program was designed to increase the number of highly competitive industrial sites available to meet the needs of prospective companies. Greenville, South Carolina-based Strategic Development Group was contracted by the state’s electric utilities to evaluate 32 of its top publicly owned industrial sites. Of these sites, the following are being invited to apply for Select Sites funding, based on current funding availability:

  • Select Sites
    • Business and Technology Park North – Grenada County – $4,356,576 for grading at the park's 200-acre rail-served site
    • Pearl River County Industrial Park – Pearl River County – $1,350,000 to extend the turn lane into the industrial park
    • I-59 Supply Chain Park – Forest/Jones County – $2,340,924 to construct a secondary access road into the park
    • Mississippi Gulf Coast Aerospace Center at Gulfport-Biloxi International Airport – Harrison County – $50,000 to complete the master plan for the 240-acre site
    • I-59 South Industrial Site – Jones County – $881,350 to extend an all-weather access road and clear and grub additional acreage
    • Marion County AirPlex/IndustryPlex – Marion County – $420,000 to complete a master plan at the 2,000-acre site
    • Chickasaw Trail Industrial Park (Curl and Stamps Sites) – Marshall County – $1,113,853 to extend water and sewer lines and complete wastewater system improvements
    • Eagle One Mega Site – Forest/Jones County – $360,000 to identify conceptual treatment and disposal technologies to increase wastewater capacity at the site
    • East Metro Center (EMC) Industrial Park (EMC Rail Site) – Rankin County – $709,410 to complete a master plan, conduct pre-engineering work to extend water and wastewater lines, update environmental due diligence, conduct an ALTA survey and install signage.
    • I-20/I-59 Industrial Park – Lauderdale County – $685,800 for access road improvements
    • Martintown North – Union County – $1,623,600 for construction of an on-site elevated water tower and an underground electrical line
    • NorthStar Industrial Park – Oktibbeha County – $2,518,380 to construct a 200,000-square-foot building pad
    • Port Bienville Site #1 – Hancock County – $450,000 for a wastewater capacity study and pre-engineering to increase wastewater capacity

“These sites represent opportunities to strengthen the foundation of Mississippi’s business infrastructure and demonstrate how attractive Mississippi continues to be for new and growing companies,” said MDA Executive Director Bill Cork. “The Site Development Grant Program is an important part of the growing portfolio of advantages that make Mississippi an ideal place for business.”


20 comments:

Bill Dees said...

So ... This was funded by electric utilities, not the State of Mississippi.

Anonymous said...

Paying back campaign contributors with public funds. A tale as old as the GOP and Mississippi itself.

Anonymous said...

Y’all remember when Obama said something about how government did that and y’all republicans chimped out? I guess it’s fine when a republican does it!

Anonymous said...

Can you say "quid pro quo?" I know you can.

Anonymous said...

How are they ever going to prevent brain drain if they don't invest in the Jackson metro area?

Anonymous said...

Government interference is ok if it is defined as passing out cash to various private industries.

Anonymous said...

@1:25

Read closer. Electric utilities paid a South Carolina group to evaluation 32 publicly owned industrial sites. 13 of those sites are invited to apply for $17 million in public, taxpayer funds.
It will take $340 million in income taxed at 5% to recoup this money or for sales tax, it will take about $243 million in taxable purchases to recoup this money or some combination of both. In other words, it will take decades to recoup this corporate welfare.

Anonymous said...

The companies that we attract by doing this don't need the money. Why not help the little guy?

Anonymous said...

What 'benefits' do we expect from the gigantic 'site development' now up at the Mega Amazon site on Hwy 22 west of Canton? What gigantic development is THAT going to be?
NDA's my foot! One of you reading this KNOWS WHAT'S COMING, and I expect the same analysis as "2.37" posted above.

Anonymous said...

What I see here (in the prior posts) is a legion of dancing dunces disguised as mice, led by the ever-present pied piper, Mr. Dees himself.

None of you understand or have ever participated in any phase of industrial development and business recruitment.

It is what it is and Kingfish provides kindlin' wood for these daily bonfires.

Anonymous said...

These projects appear to be funding basic INFRASTRUCTURE - the provision of which is a true funciton of government.

Who serves water, or sewer to your house? Who built the roads leading to your driveway?

Yes - some level of government. Same applies to providing water, or sewer, or roads, into an area where businesses choose to locate. And having adequate infrastructure in place is an essential part of recruiting companies that are looking to locate or expand.

Yes - there are those that want to bitch that this is government money being spent for businesses. But before you continue that diatribe, think about how you are getting home today from your workplace, and the services that you are receiving there. Nothing different, except for when it was done.

Anonymous said...

MDA sure loves giving out grant money to developers to get them “site ready” and then nothing ever happens. Great job!

Anonymous said...

at 343 the huge development at the Amazon site is a solar panel farm.

Anonymous said...

"Forest" county is actually "Forrest".

Anonymous said...

Infrastructure enhancement, such as adding a turn lane to access a future development, can be a legitimate government function, but not, for example, putting in a private 200,000 sf concrete slab, if I read that right.

Anonymous said...

If that’s a solar farm it sure as hell isn’t being funded with public money, not in this state.

Anonymous said...

It makes me feel better and smarter knowing that Tater & Friends didn’t spend money for all this. Oh, no, instead, they “invested.”

You politicians — and I generalize here — are full of bullshit, every single one of you, so full of bullshit that it runs out y’all’s mouths.

Anonymous said...

Politicians (including those that you support - whoever you are) are corrupted by the desire to raise money and get reelected. (and some particularly enjoy the food, booze, and other benefits bestowed upon them by lobbyists).

Anonymous said...

@2:28 The local economic development organization has to apply. The Jackson Metro did receive a grant last year, because they applied for the grant

Anonymous said...

Private equity is the vampire of our nation


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