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Regional Economic Development News Update

 

**Click here for the latest newsletter from the MetroJackson Economic Development Alliance (MEDA).

** Click here for the latest news releases regarding MEDA.

Memo From Ross Tucker  

Vice-President, Regional Economic Development
 

On Thursday, February 23, 2006, the MetroJackson Economic Development Alliance celebrated our annual meeting with special guest speaker, Senator Trent Lott.  The event was held at the Old Capitol Inn, Jackson, with guests including Governor Haley Barbour, State Auditor Phil Bryant, and many local officials representing Hinds, Madison, Rankin, Copiah, and Simpson counties.

In 2005, the MetroJackson Economic Development Alliance, representing the most significant economic development partnership organization in Central Mississippi established the Leadership Award to recognize the exceptional commitment, and outstanding leadership of a public servant to regional economic development. 

This year, the Board of Directors of the MetroJackson Economic Development Alliance presented the first Annual Legislative Leadership Award to Rita Martinson, member of the Mississippi House of Representatives.

We were also extremely honored to have special guest speaker, Senator Trent Lott, who discussed the importance of a regional organization and the need for local development authorities and government entities to work together to accomplish the many tasks ahead for the state of Mississippi.  Senator Lott also discussed the continuing relief efforts from Hurricane Katrina and the need for continued work on education in Mississippi.  Mississippi’s main goal must be where every citizen comes together, thinks together, and works together to accomplish the needs of the state.

Since its inception, MEDA has assisted its state, regional, and local allies and partners with over forty locations throughout Metro Jackson and has been very instrumental in bringing additional air service to the Jackson International Airport. MEDA is also a sponsor for major metro area tourism events such as The Glory of Baroque Dresden, the Southern Farm Golf Classic, and the Mississippi Gospel Music Gathering and participates in trade shows, marketing trips, and prospect visits to recruit industry and promote the metro area.

Through these endeavors and its continued efforts, MEDA’s primary goal is to make Metro Jackson the premier location for business, visitors, and residents.

For more information, please visit www.metrojacksoneda.com

 

SUMMARY OF NEW AND EXPANDED FACILITIES

ANNOUNCED IN MISSISSIPPI

December 2003 thru October 2006

Counties: Hinds, Madison, Rankin, & Copiah

Number of                        Est. No.                        Estimated Facilities                New Jobs            Capital Investment

Manufacturing Facilities:

New               8                      332                              $20,471,000.00

Expanded     61                    983                              $44,675,775.00

Totals           69                   1,315                            $65,146,775.00

 

Non-Manufacturing Facilities:

New              75                    1,039                          $322,774,992.00

Expanded    62                      253                           $121,828,765.00

Totals         137                   1,292                          $444,603,757.00

Combined Totals:       

                     206                   2,607                          $509,750,532.00

 

Who’s Doing Business in Metro Jackson?

The MetroJackson Chamber of Commerce is the leading economic and community development organization in Mississippi's Capital Community. Since its beginning 120 years ago as the Jackson Board of Trade, the organization has played a key role in the growth and development of the economy. The focus of the MetroJackson Chamber is perhaps best stated by our motto "One Community for Success" - working to create strong relationships that move our community forward.

 
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