Jackson, Miss. (May 6, 2023) – To recognize the important role economic development plays in the growth and prosperity of the state, Governor Tate Reeves proclaimed May 6-10 as Economic Development Week in Mississippi.

“There's no better time to celebrate economic development in Mississippi. That's because our state continues to shatter economic development records,” said Governor Tate Reeves. “This year alone, we finalized the largest private sector investment and payroll commitment in Mississippi history. Our state's unemployment rate is at an all-time low, and we're making historic investment toward training Mississippians for the jobs of the future. Mississippi has momentum, and I look forward to our state attracting even more companies and creating even more jobs…

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By: Kirk Daniel
Title: Governor Tate Reeves, Mississippi Development Authority celebrate Economic Development Week
Sourced From: mississippi.org/news/governor-tate-reeves-mississippi-development-authority-celebrate-economic-development-week/
Published Date: Mon, 06 May 2024 18:03:31 +0000

Did you miss our previous article…
https://www.biloxinewsevents.com/geartek-expanding-operations-in-alcorn-county-2/

SUMMARY: Governor Tate Reeves proclaimed May 6-10 as Economic Development Week in Mississippi to celebrate the state's economic growth and prosperity. Mississippi has seen record-breaking private sector investments and job creation efforts, resulting in the lowest unemployment rate in its history. The Mississippi Development Authority recognizes the crucial role of economic developers in fostering economic growth and employment opportunities. Since 2020, over $20 billion in private sector investment has been attracted to the state, including major projects like Amazon Web Services and an electric vehicle battery joint venture. These investments have helped create thousands of jobs and boost the state's economy.

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The post Governor Tate Reeves, Mississippi Development Authority celebrate Economic Development Week appeared first on mississippi.org

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…

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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