HANCOCK COUNTY PORT & HARBOR COMMISSION General Update Presentation Janel Carothers, CDO Cell: (228) 596-8002 jcarothers@hcphc.ms

Capital Inv.: $38.8M Total employees: 30 Cash Reserves: $17.3M Hancock County Port and Harbor Commission (228) 467 9231| PortAirSpace.com No direct county taxpayer subsidies Self-sustaining operations We do rely heavily on infrastructure grants Port Bienville Port Bienville Short Line Rail Stennis International Airport Water / Sewer Operations 2018 Total Budget: $45.6M NOI: $ 2.7M Capital Inv.: $38.8M Total employees: 30 Cash Reserves: $17.3M Total Net Assets: $70M Indians, settlers, pirates and soldiers shaped this part of Mississippi’s West Coast, which now hosts modern-day explorers. Founded by French settlers 1960s – NASA’s John C. Stennis Space Center constructed – America’s largest rocket engine test facility. * 1/3 of County is acoustic buffer zone – no inhabitable structures allowed 1990s – Gambling legalized causing surge in economy, housing, and tourism.

INDUSTRY SNAPSHOT Port Bienville Industrial Park EMPLOYMENT BY 14 companies Employment 694, increase 14% Stennis International Airport 16 companies Employment 355, increase 1% Stennis Space Center 47 agencies Employment 4,994 EMPLOYMENT BY INDUSTRY Military 3,600+ Polymer/Chemical 414+ Aerospace 386+ Manufacturing 490+ Ad Valorem Tax Revenue Collected from Industry Base = $9,527,000 Industry Base of Total County Tax Revenue = 30%

REALTOR PARTNERSHIPS COMMISSION INCENTIVES MARKETING 4% of base lease rentals for primary terms 6% of the sales price* INCENTIVES Job training Cash Infrastructure Mississippi Development Authority grants/loans Tax abatements MARKETING State database Requests for Information (RFIs) DATA & DEMOGRAPHICS

COMMISSION 6% of the sales price 4% of base lease rentals for primary terms Preferred realtors – refer projects and businesses ft.

INCENTIVES Incentive Description Legal Entity Responsible   Incentive Description Legal Entity Responsible 10-Year Property Tax Exemption An exemption from property taxes on land, building and equipment is available for up to 10 years. School taxes are not exempt. Hancock County Board of Supervisors Reduced Land Costs A company may be approved to pay a reduced lease rate for land based on economic impact of the project investment, job creation, and average wage. Hancock County Port and Harbor Commission Site Prep Assistance Provide funds to aid in infrastructure needs on-site, whether special project funds or an allocation of negotiated fee-in-lieu payments. Reduced Facility Lease Provide a facility for industry operations at a long-term economic development incentivized rate. Freeport Tax Exemption Provide property tax exemption for all inventories that are subsequently located outside the boundaries of the State after being sold. Foreign Trade Zone Provide duty exemptions on certain imported components. Foreign Trade Zone Board No. 92 Training Facility Provide 9,000 sf in the McDonald Training Center located in Port Bienville Industrial Park for employee screening, recruitment and training.

MARKETING Industrial & large scale commercial Submit properties here: http://portairspace.com/images/uploads/HCPHC_Property-Atlas_Forms.xlsx MDA, Mississippi Power, Cooperative Energy

DATA & DEMOGRAPHICS

WORKFORCE AVAILABILITY: PROFESSIONAL 11 Occupations increased by 209 from 2012-2017 (0.4%), less than the national growth rate of 6.6%. The occupations are projected to increase by 568 from 2017-2022 (1.0%), less than the national projected growth rate of 4.7%. Regional job concentration for jobs in these 11 occupations is 0.93 times the national job concentration. In other words, there are 7% fewer jobs in these 11 occupations in this region than we would expect to find in the average region. Cost of labor in the region is below average. The median earnings for 11 Occupations in the region is $19.37/hr, which is $4.28/hr below the national median of $23.65/hr. Proposed Site Source: EMSI 2018

2018 CAPITAL PROJECTS

2018 CAPITAL PROJECTS

ENTERPRISE PARK AT STENNIS SPACE CENTER Federally owned property Must fit in NASA mission Developer would be HCPHC Greenfield sites 190 ACRES 150 ACRES

Land Purchase at Stennis International Airport Highway 603 Stennis International Airport 1,260 acres Aerospace growth UAS operations Acoustical buffer Interstate 10 Available for Commercial 240 acres

Take Aways We’re the government, and we’re here to help. Rail, docks, airport, & infrastructure Incentives - both publicly-owned properties and privately held properties. Industrial & large commercial inventory – let us know when you have listings that match with our mission, so we can market locally, regionally, and internationally!

$35,000,000 2018 CAPITAL PROJECTS Port Bienville Industrial Park $23M total Linea dock restoration - $9M Transloading dock - $8M Dredging of industrial canal - $6M Port Bienville Railroad $2M total Including 3 rail improvements - $1.6M Stennis International Airport $9M total 2 hangars - $4.5M $35,000,000 Life Cycle Maintenance Safety Strategic Investment Work in Progress

Port Bienville Industrial Canal Stennis International Airport 2018 Key Strategies Port Bienville Industrial Canal Development of Industrial Canal Stennis Space Center Development of Enterprise Park Stennis International Airport Spaceport Feasibility Study

WORKFORCE “ ACT Work Ready Community is a unified effort between industry and community partners to assess skills to close skill gaps so our workforce can compete globally.”

PORT BIENVILLE’S TOP COMPANIES NORTH AMERICA’S LARGEST PRODUCER OF Among the world’s top composite companies, producing material used in automotive applications. Employs approx. 144 NORTH AMERICA’S LARGEST PRODUCER OF PET RESIN Employs approx. 155 Expansion 80 employees Produces 300,000+ tons of natural gas, petroleum, and water transmission pipes annually. Diameters ranges are 18’ – 120’ Employs approx. 198 Expansion 100 employees ACTIVATED CARBON Employs approx. 49 Expansion 18 employees PRODUCES POLYACRYLAMIDES WATER OIL & GAS MINING PAPER MUNICIPAL WATER TREATMENT PERSONAL PROTECTION EQUIPMENT World’s leading manufacturer of water-soluble polymers, serving the municipal and industrial water and wastewater treatment markets. Employees approx. 63 Expansion 10 employees

WORKFORCE AVAILABILITY: 2017 PROFESSIONAL JOBS Proposed Site There were 3,493 relevant completions from 29 institutions in the region in 2016. Source: EMSI 2018

WORKFORCE AVAILABILITY: PROFESSIONAL Proposed Site 37 Occupations decreased by 2,168 from 2012-2017 (-1.5%), less than the national growth rate of 9.7%. The occupations are projected to increase by 665 from 2017-2022 (0.5%), less than the national projected growth rate of 4.8%. Regional job concentration for jobs in these 37 occupations is 1.15 times the national job concentration. In other words, there are 15% more jobs in these 37 occupations in this region than we would expect to find in the average region. Cost of labor in the region is below average. The median earnings for 37 Occupations in the region is $16.86/hr, which is $0.31/hr below the national median of $17.17/hr. Source: EMSI 2018

WORKFORCE AVAILABILITY: 2017 PROFESSIONAL JOBS Proposed Site There were 4,051 relevant completions from 28 institutions in the region in 2016. Source: EMSI 2018