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Economic
Development Update The
Greater Jackson Chamber Partnership ’s Economic Development
Division is currently participating with the Mississippi
Development Authority on fourteen ongoing projects and
facilitating, through MEDA, five ongoing projects. These
projects are either in the negotiating stage, engineering
stage, or final negotiations. In addition, through MEDA, the
Economic Development Division is involved in the following
efforts and activities.
- A
consulting firm from Detroit, MI, has been hired to
perform a swat analysis of the Metro Jackson area. ELM
International Inc. will identify the strengths and
weaknesses of the Jackson area with regard to its
attractiveness to auto industry related investment and
will identify target sub-industries within the
automotive sector that are likely to invest in Jackson
and the surrounding area.
·
Ten counties contiguous to Metro Jackson have
been sent letters of invitation to join MEDA. Copiah County
has accepted the invitation and has become the newest member
of MEDA. There is a possibility that MEDA will acquire other
new members in 2005.
·
A presentation by a New York-based marketing
firm has announced the results of a six-month study that
measures external perceptions of Jackson, Mississippi.
Development Counselors International (DCI) surveyed C-level
executives, corporate real estate professionals, and members
of the press to gauge their views towards Jackson's business
and cultural climate.
The Economic Development Division
also routinely helps local manufacturers and distributors
with expansion questions and due diligence; assists
out-of-state commercial developers with demographic and
marketing information that can be used to attract new
retailers to the metro area; and provides demographics,
marketing material, and support to other economic
development entities in the metro area.
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 |