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MISSISSIPPI: A Growing Economy. Mississippi has a strong BUSINESS CLIMATE. We rank in the TOP STATES Nationally…

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Presentation on theme: "MISSISSIPPI: A Growing Economy. Mississippi has a strong BUSINESS CLIMATE. We rank in the TOP STATES Nationally…"— Presentation transcript:

1 MISSISSIPPI: A Growing Economy

2 Mississippi has a strong BUSINESS CLIMATE. We rank in the TOP STATES Nationally…

3 Capital: Jackson State Population: 2.97 Million Labor Force: 1.3 million 2012 State GDP: $101.4 billion *Federal Reserve Bank

4  Polymers  Steel  Furniture Mississippi Target Sectors

5 Mississippi can deliver a highly-skilled workforce.

6 Mississippi State University Agribusiness Institute; Raspet Flight Research Laboratory Center for Advanced Vehicular Systems Polymer Research Mississippi Polymer Institute University of Southern Mississippi Jackson State University Mississippi Urban Research Center Institute for Applied Computational Studies The University of Mississippi Center for Manufacturing Excellence University of Mississippi Medical Center Strong Partnerships with Research Universities

7 Infrastructure matters. Ours is a proven, robust network.

8 Strategic location. Solid, reliable highways in the Country’s fastest growing region.

9 A gateway to major global markets.

10 Maps show counties with high concentration of specific industry sector companies. POLYMER / PLASTICS DEFENSE / SHIPBUILDING AUTOMOTIVE Concentration of Industry

11 FURNITURE AGRICULTURE FORESTRY Maps do not denote the location of all businesses within specific sectors across the state. Concentration of Industry

12 Industry Leaders Call Mississippi Home

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14 Strong, growing automotive sector 20002013 ZERO automobiles built in Mississippi. 2.2+ million automobiles + Numerous Suppliers +

15 www.aerospacemississippi.org

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17 Top 10 Export Commodities 1.Mineral Fuel and Oil 2.Machinery 3.Paint and Pigments 4.Electrical Machinery 5.Cotton, Yarn, and Fabric 6.Vehicles 7.Wood pulp 8.Plastic 9.Paper/Paperboard 10.Meat Top 10 Export Destinations 1.Panama 2.Canada 3.Mexico 4.China 5.Honduras 6.Peru 7.Brazil 8.Belgium 9.Guatemala 10.Colombia

18 1.Fertilizers$73.8 million 2.Mineral Fuel and Oil$73.5 million 3.Paints and Pigments$72.6 million 4.Electrical Machinery$41.1 million 5.Machinery$34.5 million 6.Wood pulp$19.2 million 7.Plastic$11.6 million 8.Optical and Medical Instruments $8.3 million 9.Iron and Steel Products $2.7 million 10.Aircraft and Spacecraft $1.9 million Total Exports from Mississippi in 2012 - $347.6 million Mississippi Exports to Brazil 2012

19 ABUNDANT OPPORTUNITIES COMPETITIVE ENERGY RATES & TAX EXEMPTIONS STRONG TALENT IN MANUFACTURING IDEAL SUPPLIER LOCATION

20 High-quality living.

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