To achieve success in today’s global marketplace
companies need a competitive advantage — and they are
finding that advantage in Mississippi. The state’s robust
infrastructure, cooperative spirit, and highly skilled workforce
combine to create a welcoming business environment
for industries to thrive.
“Made in the USA: Perfected in Mississippi” is more than
just a slogan. It is the driving force behind how Mississippi
does business. The state’s highly competitive energy rates,
affordable operating costs, and streamlined one-stop
permitting paved the way for continued growth in the
automotive, aerospace, and advanced manufacturing sectors.
Mississippi works collaboratively to successfully meet
the dynamic needs of today’s industries. The state’s
community college network and university system work
with industries throughout the state. As a result of this
collaborative approach, the state is able to offer flexible
and dynamic solutions including customized workforce
training and access to world-class research and development.
That’s why the state’s track record for winning global projects
like Yokohama, Toyota, and Nissan has been so successful.
From research and development to manufacturing and
production, Mississippi features a well-integrated and
nationally ranked transportation network. Centrally located
in the fastest-growing region of the U.S., Mississippi provides
an efficient link to many domestic and international markets.
In 2013, several global companies took advantage
of Mississippi’s distinct advantages and made national
headlines announcing they were locating or expanding in
the state. In September, Yokohama Tire Corporation broke
ground in West Point for their first U.S.-built commercial
truck tire plant. Yokohama’s initial investment of $300 million
will create 500 jobs. Future expansions are projected to
increase total employment to 2,000 jobs and investment
to $1.2 billion.
In July, Nissan North America broke ground on the
vehicle manufacturer’s first supplier park near their Canton
plant. The new supplier park will support 800 jobs, while
the plant already employs 5,600 Nissan team members.
These companies and many others understand
Mississippi is focused on creating an environment where
sustainable growth is a top priority. In May 2013, Governor
Phil Bryant signed into law landmark legislation for sales
tax exemptions on energy for manufacturing and rebates
on research and development costs for companies.
Combined, Mississippi’s unique advantages make
up part of the winning formula for a growing list of
companies that call the state home.