Mississippi Business
Rocket Lab prepares to blast off in Mississippi
Jackson, Miss. (September 21, 2022) – U.S.-based Rocket Lab is locating an engine test facility for its new large rocket Neutron at NASA's Stennis Space Center in Hancock County, making a significant capital investment and creating dozens of new jobs in Hancock County.
Rocket Lab is the launcher of Electron, the second most-frequently flown U.S. rocket, and is developing Neutron, its much larger, reusable rocket, to carry out national security missions and deliver multiple satellites to space. Rocket Lab has selected Stennis Space Center as the site of the test and development complex for Archimedes, its Neutron rocket engines.
The Archimedes Test Complex will be located within the A-3 Test Complex at Stennis Space Center and will include exclusive the use and development …
By: Joseph McCain
Title: Rocket Lab prepares to blast off in Mississippi
Sourced From: mississippi.org/news/rocket-lab-prepares-to-blast-off-in-mississippi/
Published Date: Wed, 21 Sep 2022 13:10:00 +0000
Mississippi Business
Geartek expanding operations in Alcorn County
Industrial manufacturing company creating two jobs in MississippiProject represents corporate investment of $3.8 million
Jackson, Miss. (May 1, 2024) – Hydraulic gear pump and motor manufacturer Geartek is expanding its operations in Corinth. The project is a $3.8 million investment that will create two new jobs.
A division of Hydraulic Analysis, Inc., Geartek's products are used in a variety of industries, including forestry, energy, site clearing and mining. The company has long-established local ties to Corinth and is expanding its existing manufacturing facility by approximately 8,500 square feet to accommodate new manufacturing equipment for added production capacity.
The Mississippi Development Authority is providing assistance through the Mississippi Flexible Tax…
By: Ken patterson
Title: Geartek expanding operations in Alcorn County
Sourced From: mississippi.org/news/geartek-expanding-operations/
Published Date: Wed, 01 May 2024 07:00:33 +0000
Mississippi Business
Geartek expanding operations in Alcorn County
SUMMARY: Geartek, a hydraulic gear pump and motor manufacturer, is expanding its operations in Corinth, Mississippi with a $3.8 million investment that will create two new jobs. The company's products are used in various industries, and it is expanding its existing facility to accommodate new equipment for increased production capacity. The Mississippi Development Authority is providing assistance through the MFLEX program, along with support from Alcorn County and the city of Corinth. Officials and local leaders have expressed their support for the project, highlighting the positive impact on the local economy and job market. Geartek's president looks forward to continued success and investment in the community.
The post Geartek expanding operations in Alcorn County appeared first on mississippi.org
Mississippi Business
Innovate Mississippi Wins Stage One of the U.S. Small Business Administration’s 2024 Growth Accelerator Fund Competition
Innovate Mississippi was awarded $50,000 in prize money for equitable access to entrepreneurship
WASHINGTON– Today, the U.S. Small Business Administration (SBA) announced Innovate Mississippi as a Stage One winner for the 2024 Growth Accelerator Fund Competition (GAFC). Innovate Mississippi will receive a $50,000 cash prize for its impactful and inclusive approach to nurturing a collaborative national innovation ecosystem to advance small business research and development (R&D) from ideas to the market.
By fostering connections between entrepreneurs, mentors, partners, philanthropies, corporations, investors, and other shared resources, GAFC 2024 catalyzes strategic ecosystem partnerships to build community and organizational capacity for the successful launch, growth,…
By: jacksonfreepress
Title: Innovate Mississippi Wins Stage One of the U.S. Small Business Administration's 2024 Growth Accelerator Fund Competition
Sourced From: www.innovate.ms/innovate-mississippi-wins-stage-one-of-the-u-s-small-business-administrations-2024-growth-accelerator-fund-competition/
Published Date: Wed, 24 Apr 2024 16:53:39 +0000
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