Wednesday, January 24, 2024

Governor Announces $10 Billion Project

Governor Tate Reeves issued the following statement.  

Governor Tate Reeves issued the following statement. Governor Tate Reeves today announced that he is calling a special session to finalize the largest economic development project in Mississippi’s entire history. 

The project will include a $10 billion corporate capital investment and create 1,000 high-tech jobs. At $10 billion, it is the single largest capital investment in state history and four times the size of the previous largest economic development project. 

“The size of this new capital investment is unlike anything we’ve seen before in Mississippi,” said Governor Tate Reeves. “It’s the single largest capital investment that has ever been made in the state of Mississippi – by a lot. The fact is that records were made to be broken, and that’s exactly what our state continues to do. This is a massive win for Central Mississippi, the Jackson metro area, and all of Mississippi. It’s a great time to be a Mississippian.”
 
Once finalized, it will result in two hyperscale data center complexes on two industrial park sites. One data center will be located in Canton, and a second will be located at another site in Madison County.

Governor Reeves called the special session to begin on Thursday, January 25, 2023, at 9:30 a.m. The special session could last as little as one day.

Governor Reeves called for the special session during a press conference which can be viewed here.
 

58 comments:

Anonymous said...

Bezos has a plan. This is more than a data center.

Anonymous said...

2 massive data centers ? I really don’t see the need unless Google or Amazon are building them as redundancy sites.

Anonymous said...

I approve.

Anonymous said...

Keep bring these businesses to Mississippi! Go Tate!!

Anonymous said...

Maybe someone in the media will ask for a jobs breakdown. Data centers do not employ that many people. Period.

Anonymous said...

Between this project and the Gluckstadt project, MIssippi is on a roll baby! Keep it up Tate! You the man!

Anonymous said...

1:07 beat me to it. Data centers need about 4 techs and 10 security guards. And the really technical stuff can be done remotely. But the use tax that the state gets on all those servers coming in will be nice.

Wait, we probably gave them an abatement.

Anonymous said...

1,000 people at a data center?

Dubious.

Anonymous said...

@1:02
This is likely a move to increase performance on the East coast. I currently see two US East locations in AWS, Cincinnati and N. Virginia. Both of these cities are likely seeing soaring labor and energy costs. Mississippi has low labor costs and low energy costs.

Anonymous said...

They are really clandestine FBI/ATF monitoring sites to identify where firearms are located. You read it here first.

Anonymous said...

"Whoever owns the data owns the future...the twin revolutions of artificial intelligence and bioengineering make it possible to hack human beings and then re-engineer them and create new life forms...we're about to break out of this limited organic realm and start combining the organic with inorganic bots to create cyborgs...we can monitor moods, emotions and thoughts..." Yuval Noah Harari

Anonymous said...

It’s now clear to me why AWS is locating here; our technically proficient populace. Seems most of the commenters here know more about the new sites’ technical requirements than Amazon management. I’m sure y’all will be scooped up early in the hiring process.

Anonymous said...

Clearly this “data center” is where Skynet will begin producing T-800s. You’ve been warned.

Anonymous said...

Word is that the Google site is to be near the Amazon plant on Rt 22 West. Amazon rain forest type clearing, slashing and burning, going on right now.

Anonymous said...

Black helicopters everywhere today

Anonymous said...

Some of you want to Bitch about something. The school taxes can't be waived so county and city will receive more money. Anything is better than nothing so just remember that.

Anonymous said...

1,000 jobs? Bwa, ha, ha. These big city grifters have sold the country bumpkin Tater a bill of goods.

Just a normal dude said...

$10 billion for two sites? Seems high for data-centers (lots of computers & AC's) or fulfillment centers (lots of robots). Is a new power plant part of the equation? That is a question I have about the new 29 gigawatt battery plant announced for Marshall County last week, too. Surely, they are going to have tremendous power needs.

Also, I thought I had seen a story last year on some business website that Amazon had plans for a fulfillment center or data-center in the north Mississippi, Desoto county area that they put on hold last year, but it was still in their plans and they were ready to build it (already acquired the land, etc...) when the economy improved.

Anonymous said...

Seriously, look at Tater's record of robbing the poor and rewarding the rich. Then read these two articles. But, of course, the Legislature idjits will read neither, and help the richest guys in the world get even richer, at OUR (taxpayer) expense. RINOs.

https://goodjobsfirst.org/at-1-billion-amazons-oregon-subsidy-is-largest-known-in-history/

https://goodjobsfirst.org/2023-a-year-of-megadeals-in-review/

Of COURSE Tater will further enrich the Chinese (who he bleats about otherwise) and the Richest, most Leftist corporate Overlords. EVs, which are failing, but CHINESE EVs that is, and Data Centers for the googly eyed nutjob. What a great "deal." PR BS.

What is the truth? 900 construction jobs, at a "living wage" TEMPORARILY. Permanent jobs at H1B cut wage visa rates. Spare us the BS about jobs, and tax revenue. It's as big a lie as Dope bringing in taxes or his bill protecting Soros-owned traditional dealerships here instead of Tesla.

Tater hates the free market and America. He and Haley and Bill LOVE Chinese rich guys and Leftists. Other states protest Chinese battery makers, who will use tax breaks and investment visas for personal gain, while using the PRC subsidized market to undermine US EVs behind the scenes. Good Grief. What rubes and sellouts.

Did you think these soulless corporate types were born yesterday and ran up against the "best and brightest" in Miss. GubMint to run this by naively, being outwitted by halfwits? Or did they float this in many other states that are either as corrupt or not as corrupt?



Anonymous said...

"Bezos has a plan. This is more than a data center."

Bezos isn't the CEO of Amazon any longer. Andy Jassy is.

Anonymous said...

3:24 - obviously you know everything, and everybody else that has been involved with this project for a year know nothing.

Or else, you are an absolute idiot, can't read or comprehend, and just like to make shit up while you take another toke.

I think I'm going with the latter.

The 1000 jobs are permanent jobs, not construction jobs. Those 1000 jobs are in the $100k/year range, not whatever you labeled them as 'cut rate visa wages' (whatever that is).

Somehow, I think those folks that have $10 billion invested in the deal are probably a little bit more informed than you; just as those that have almost $2 billion invested in the Marshall County deal have a better understanding of how that project will work.

And yes, Entergy did build a substation in the industrial park where Amazon's distribution facility is located; certainly not something done on a whim.

Anonymous said...

Two hyperscale data center complexes in the 'Sip?

Hell yeah!

Where else could they do that?



Anonymous said...

Kind of interesting that there was all this talk on the post about that stupid sports venue about us being crossroads of the South, but really our “crossroads” designation had to have played a part in the site selection for this data center. The major fiber networks of the southeast cross each other right here. This is a good win. Not going to change our trajectory but a good win none the less.

Anonymous said...

3:24 - Both of my grandfathers, may they rest in peace, were in the railroad business all their working lives, back in the early part of the 30s until their deaths. I've heard about switch-engines and runaway trains all my life and you are definitely crazy as a damned switch engine, as the saying goes, and headed off the cliff of nuttiness.

shadyal said...

Tate trashers will continue to trash Tate until he writes them a check instead of giving them (and others) the opportunity to EARN a check!

Anonymous said...

Mississippi is going to need another nuclear reactor to power and cool 30,000+ Nvidia Hopper and/or Ada Lovelace compute based neural networks.

PS Zuckerberg just announced Meta is building a ginormous AI compute data center as well. We might be getting some of that action too. Cheap power looks good on paper when you are running power hungry accelerators!

Anonymous said...

@3:29 PM
Are you saying that Jeff Bezos sold his majority stake in Amazon or are you saying you don’t understand that shareholders make all the real decisions and CEOs are dispensable puppets?

Anonymous said...

Corporate welfare - Republican (RINO) version.

Anonymous said...

4:03, you would be interested to know that many of the major fiber lines in the US run along railroad right of way, which happens to often run similar paths as the interstate, which obviously came later.

Anonymous said...

Brown-outs are on the horizon.

Ben Dover Taxpayers said...

I am so glad that I don't pay any state nor federal income taxes.

Anonymous said...

We can't seem to find the money to expand Medicaid for the poor, but we can find the money to hand to Big Tech Oligarchs?

Anonymous said...

How does the news/announcement in this post differ markedly from the one yesterday on the same general news/announcement? Not saying it does not, I just don't see anything new or different other than it now has specifics as to the special session. Particularly, I still don't see any specifics as to numbers/financials.

Something else - if this is anything like certain other Mississippi projects (the Kemper fiasco, for one), if Amazon or another company with $10 billion actual dollars of capex to spend in Mississippi has actually projected $10 billion, attempts at "overruns" (wink, wink) might raise some issues. However, I'd bet that few such companies would go into such a project without having done a fair amount of due diligence. This could get interesting if it is a large, well-capitalized nationwide/international company that has proven its reputation for playing hardball and a willingness to walk (ala Amazon and NYC with HQ2).

Krusatyr said...

Let's see satellite rocket launches coming next, which above critics will assail as just a fireworks stand in a few trailers, though certainly the gov truly could have provided more detail than offered in the announcement

hohum said...

datacenters cost, at most, $500 per square foot. additionally, AWS tends to run darkcenters, nearly no employees. you fill it full of redundant systems and dont even touch them until over half of them die.

is this a 20,000,000 square foot facility? where in the hell are 1,000 high tech jobs coming from? 40 million paid straight to AWS for employee "training".

lmao

Anonymous said...

@615 - and just how many dollars are being 'handed to' these investors?

Should the government (local/state) supply basic infrastructure to businesses? How about supplying those services to YOU? Do you have a road to your house? Do you have water service to your house? How about sewer? Are all those things provided by ---- hold on --- the government?

Would you rather give up that road to your house, your water service, your sewer service, etc -- so that welfare could be passed on using those same government dollars to working Mississippians? If so, let us all know, so that we can disconnect your house from your water and sewer, and remove the street to your house, so that we can give the tax dollars required to provide those things to the welfare that you think is more important.

Anonymous said...

7:32 - just a simple something to address your idiotic comment.

ONE DIFFERENCE in this deal and KEMPER is that ------ hold on, keep your panties out of a wad for a minute ----- is that the State of Mississippi had ZERO, thats right -- ZERO --- dollars in the Kemper plant.

Now that that little detail is on the table, and puts all the rest of your comment to rest, tell us what it is that you really think is wrong with this deal. Have you heard anything about what the State of Mississippi is investing into this $10 billion investment? Is the state doing anything other that what it does for every mom/pop business (provide water, sewer, roads, etc). Or is it doing what it did for KEMPER (your choice) which was NOTHING?

Looking forward to hearing your response - which I assume will never appear due to the stupidity of trying to compare the two projects. Kinda like what I have others of your ilk trying to compare this (and the Marshall County project) to the Billy McCoy/Steve Holland Beef Plant.

Yes, the famous "Beef Plant" - a project that every independent study had proven to be impossible to succeed; a project where the 'owners' invested ZERO dollars/ where the entire financing was to be done by the State --- compared to projects where the project owners were investing billions and the state was not providing project financing but required infrastructure.

Your comparison is no better - only an attempt to try to say you know something about which you know shit. And your opinion is worth about the same.

Anonymous said...

@9:36 - guess you know all the details about this proposed project, unlike all the professionals rhat have actually looked at, investigated, and analyzed the detailed reports of the actual project.

Your /sqft analysis has nothing to do with what is being proposed - or do you know something that nobody else that has been on the inside of this deal for two years actually knows?

This project is going to require almost 1000 acres of land - what in the hell are you talking about with your "20,000 square feet" analysis?

The 1,000 high tech jobs are going to be placed in the thousands of acres of buildings.

Get a grip and admit that you know nothing about what you are trying to imply. Go back to your drinking, or drugging, or whatever it is you are doing while trying to sound like you have a clue what you are talking about -- come back in a year or two and try to defend your idiocy!! Frankly, there are a few folks involved in this that actually know how to vet the details about these kinds of deals, but when compared to the stupid shit that you are spewing, they aren't even needed.

Anonymous said...

Not sure how this is a 'win for the Jackson Metro area' since it's almost two hundred miles north of Jackson.

Anonymous said...


I love seeing all the naysayers who have been buying into Mayor Lobotomy's bill of No Sale for these years.......

News Flash......Bennie Thompson announced he will announcing the locations & times of his upcoming fish fry vote buying schemes in the next few months.
That is all as usual.......nothing to follow for next couple years.

Anonymous said...

@3:14pm

"Anything is better than nothing so just remember that."

"Sometimes nothing is a real, cool hand."
- Cool Hand Luke

Anonymous said...

Tate installing that 5/6G trying to turn us all to Zombies!

Anonymous said...

https://siteselection.com/issues/2023/mar/the-rich-get-way-richer.cfm

Love the hypocrisy of some contributors to this blog who WAIL about Kemper, but ignore this.

And they ignored GreenTech, the Beef Plant, and all the other tax revenue giveaways and backroom skullduggery involved in our subsidizing the rich corporate types who despise us and plan our genocide or displacement.

From the article: “Virginia’s data center sales and use tax exemption is by far the Commonwealth’s largest economic development incentive, costing Virginia $138 million in 2020 and with a cumulative total estimated at over $830 million from 2010 to 2020.” The bill text also noted that “a 2019 report of the Joint Legislative Audit and Review Commission found that Virginia received back only 72 cents for every dollar of tax incentive.”

Boy, what a bargain our Boys at the Capitol are going to sign off on! Hurry, hurry!!!! Special session!!! What a crock, yet the Rich here diss anyone with a brain and data who dissents.

72 cents to the dollar, at 10 Billion Dollars. Hmmmmmm. Let's cut that tax for the rich, too!

Idiots. Rubes. RINOs.

Anonymous said...

@7:43AM: You can't really every lose money on tax exemptions. If I have $1M of equipment in my plant and I don't pay taxes on that, the government hasn't "lost" anything. If they give me an exemption to cover $1B of new equipment, still the same - no loss for the government.

Anonymous said...

Wow. If they announced a cure for cancer, some of you boors would bitch that they didn't do it fast enough. Maybe another shot of prune juice will smooth out your day...

Anonymous said...

Who do you think they will cut the power supply to first? Tater went to Millsaps , ya’ll keep forgetting that..

Anonymous said...

The tax savings will come when 90% of bureaucratic state gov make-work jobs are replaced by AI.

Anonymous said...

These economic development job projections are all ridiculously overstated. Even with this rosy projection of 1,000 jobs, that's $10 million per job.

It's a subsidy to Amazon of 10% of the state's GDP while hospitals close.

Anonymous said...

@ 1/24 5:57PM -

As opposed to what? Gubment welfare? You'd rather have that? If you ain't a RINO, certainly you're one of them thar "free market, capitalist, small gubmint" 'publicans, ain't ya?

Anonymous said...

7:32PM, in part responding to 12:06AM's rant, including, "Looking forward to hearing your response - which I assume will never appear due to the stupidity of trying to compare the two projects."

Wow, you are manically touchy about Kemper. I didn't compare Kemper to this project as to state funding. I simply mentioned Kemper's "over-runs." Your ranting and ad hominem attacks does not negate the occurrences or the general amounts - it is all public record. As to what it cost "the State of Mississippi," I didn't say anything about the costs. The whole fiasco was so convoluted it would take quite a bit of unwinding and in-depth research to figure out who paid what to who. However, there is no question it did cost Mississippi citizens actual money in its failure. One can argue that is different than the State overtly giving direct funding and one can argue that for those affected, the specific avenue of loss is not particularly germane. I'll pass on that debate for now. For those who want to do some research, here are a couple of links that give some of the basics: https://mspolicy.org/two-years-since-kemper-clean-coal-project-ended/ and https://www.mississippifreepress.org/18966/boondoggle-in-kemper-county-powerful-ignored-red-flags-of-clean-coal-flop (I don't suggest either link for its source in general, only for the background it provides on the Kemper situation)

As to your comment/question asking "Is the state doing anything other that what it does for every mom/pop business (provide water, sewer, roads, etc).", that does speak to one of the issues with this "deal." Yes, it is. If nothing else, I do not recall the Governor calling a special session to provide anything for ANY "mom/pop business," much less $200+ million dollars of "water, sewer, roads, etc." (regardless of what "etc." might include) for "every mom/pop business." Maybe you recall something but I think the rational among us can agree that even if it has occurred, it is a very rare thing.

None of the announced/reported numbers make much sense. Granted, there hasn't been a lot of explanation and it is still "fresh" but: $40 mil to train workers for a company that can allegedly make a $10 billion expenditure on what Tate suggests is only a small portion of a very large operation? Even if there are 1000 new jobs at the data centers, that figure is nebulous. Is that over X years? For initial hires? Is there some minimum that will be Mississippi residents? Whether yes or no, does that $40 million go only to train Mississippi residents or will "we" be paying to train workers who then can leave (or be transferred) for other facilities? If transferred, what is the recourse if any at all? If they "wash out," what's the recourse? Did anyone involved in the negotiations even ask such questions or make such demands?

Then the $215 million to Madison County. It's reported to be some sort of loan but I've seen few real specifics as to terms, etc. As reported and announced, $14.8 million goes to increase the water supply but $171.5 million for "sewage" to get it back out? I get that these centers require a lot of water for cooling, but these centers are moving to recycled or other non-potable water, and in any case, why is a heat-exchanging system producing and discharging huge volumes of "sewage" anyway? The $15 million for roads could easily be reasonable, but thus far no details (fair enough on that this early on). That still leaves $13.7 million unexplained (171.5 + 14.8 + 15).

And I've seen no real details on the "$10 billion in capital investment." Even if AWS or a similar company actually spends $10 billion on equipment from vendors outside of Mississippi and installs it in Mississippi, that does not mean "Mississippi" (the State, its taxpayers, or its citizens) got $10 billion or anything close to it.

Anonymous said...

@10:36AM: THE COMPANY is investing $10B, not the state. The state is spending $44M - mostly all in workforce training for the workers.

Anonymous said...

10:36, companies don't invest money to create jobs. They invest money to create profits. Jobs are a byproduct, and the less jobs are required, the more profits there are. The company is investing $10BB in equipment and infrastructure, not jobs. Its the state that wants to talk about jobs. Geez.

Anonymous said...

3:24 hit every branch on the buzzword tree.

Zombie brain

Anonymous said...

Damn….I’ve been waiting for the Boomer Hater to show up and throw in his two cents TODAY. Anyway, I can piss further than he can when I take my Flomax

Anonymous said...

Does the $66,000 a year & up for the estimated 1k jobs at the Amazon Web building in Canton & Madison include the benefits packages in this cost. In other words most employers provide health insurance, sick, vacation & 401k? Usually this is an additional 25% in benefits along with good paying job. If anyone knows point this out as a great opportunity for job seekers and MS!

Anonymous said...

Going to be a lot of new folk moving to Mississippi to fill these 1,000 jobs, because not only does Mississippi not have an educated workforce, it doesn’t even have an educable workforce.

Anonymous said...

@6:58..you and maybe a couple of other commenters would enjoy Elena Freeland's "Geoengineered Transhumanism" and "Under An Ioinized Sky". Both very well researched and heavily footnoted. It's actually worse than you think. Once I recommended Klaus Schwab's "COVID 19: The Great Reset" and was met with "tinfoil hat", "conspiracy theory" and all the other pejorative terms the uninformed and uneducated hide behind...for stating the title of a book written by the founder and chair of the World Economic Forum! Those types DESERVE everything they have coming.

Anonymous said...

I bet a lot of the comments came from folks who were always complaining about what they received at Christmas. No matter what or how much.the Amazon investment has no environmental issues, higher paying tech jobs all from one of the wealthiest companies in the world. Congratulations to those involved in the acquisition.



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