Recent Business Development Announcements
General Dynamics Information Technology
In May 2013, Gov. Phil Bryant announced that General Dynamics Information Technology, a business unit of General Dynamics (NYSE: GD), would locating a new Customer Support Center in the Cloverleaf Center on Hwy. 49 South in Hattiesburg, Miss. The project is expected to create 1,000 jobs.
The new center will support General Dynamics’ contracts with the U.S. Department of Health and Human Services’ Centers for Medicare and Medicaid Services, including the 1-800-MEDICARE program, by providing responses to inquiries from CMS customers and beneficiaries across the nation. General Dynamics delivers operations and maintenance support for several Centers for Medicare & Medicaid Services programs including the Early Retiree Reinsurance Program, Retiree Drug Subsidy program and the ViPS Medicare System. General Dynamics has worked with CMS since 2005.
The new Hattiesburg project is in addition to the Federal Student Aid Information Center project announced by the company in February 2013, which will create an additional 225 new jobs by this summer, increasing to 250 by spring 2014.
“I am grateful to the team at General Dynamics for expanding its presence in Hattiesburg and creating so many new jobs for the area’s workers. Just three months ago, the company announced it was locating a Federal Student Aid Information Center in Hattiesburg, and that project is expected to create 250 jobs by next spring,” Governor Bryant said. “Without a doubt, this announcement today serves as a testament to the supportive business climate found in Mississippi and to our skilled workers. Mississippi is a great place for businesses to locate and expand, and I thank General Dynamics for once again investing in our state and in our workforce.”
The Mississippi Development Authority is providing assistance in support of the project for building modifications, in addition to local and state statutory tax incentives and workforce training assistance.
“This is a great day for Hattiesburg and the state of Mississippi as General Dynamics Information Technology strengthens its roots in our state by locating additional operations here,” MDA Executive Director Brent Christensen said. “We are honored MDA could once again support General Dynamics as the company continues to grow in Hattiesburg, and we thank the team at the Area Development Partnership for their hard work and diligence in bringing this project to fruition.”
“The dramatic expansion of jobs offered by General Dynamics Information Technology in Forrest County is exceptional news for Mississippi,” said U.S. Senator Thad Cochran. “I commend the Governor and the leadership in the Hattiesburg area for successfully marketing our state’s assets to attract quality new job opportunities for Mississippians.”
“Mississippi has a trusted reputation for business, and companies around the world continue to take notice,” said U.S. Senator Roger Wicker. “Confidence in our skilled and dedicated workforce is helping to fuel needed job creation across the state. I applaud the work of local and state leaders and General Dynamics for their vision to bring hundreds of good, high-paying jobs to working families in Hattiesburg. The message is clear: Mississippi is the place to be.”
“General Dynamics Information Technology has now announced two major projects in our community in the last 90 days, which is simply incredible,” said Johnny DuPree, Mayor of Hattiesburg. “With today’s announcement of 1,000 more jobs coming to Hattiesburg, coupled with the announcement in February, the company will create up to 1,250 jobs here. We are extremely grateful for General Dynamics continued confidence in our community and workforce.”
“The Forrest County Board of Supervisors is elated to have General Dynamics Information Technology select our community for another major facility that will bring 1,000 new jobs to the region. The partnership between local, state, and federal officials is extremely strong, which creates a welcoming environment for world class companies like General Dynamics.
As the company ramps up their two offices here at the Cloverleaf Center, General Dynamics will employ about 1,250 in Forrest County. The new employment base will have a huge ripple effect in our regional economy.” said David Hogan, President of the Forrest County Board of Supervisors.
The University of Southern Mississippi has opened the doors of The Accelerator, a 60,000 sq.ft. high tech business incubator. The Accelerator is located in The Garden, the university’s innovation and commercialization park. The Accelerator offers access to office space, laboratories, production space, and state of the art lab equipment for high-tech startup companies. Currently the Accelerator houses 11 tenants. View The Accelerator Brochure to learn more about thier resources.
In January of 2011, Stion Corporation announced they would be locating in Greater Hattiesburg, bringing a $500 million investment and 1,000 jobs within six years. Stion manufactures high-efficiency, low-cost, thin-film solar panels based on proprietary materials and device expertise, and proven production equipment and processes. Stion’s product has a simple, low-cost integrated circuit design, and is suitable for use in all major market segments.
On September 16, 2011 Stion Corporation along with Gov. Haley Barbour, The Mississippi Development Authority, and The Area Development Partnership held a ribbon cutting to officially open the doors at the new facility. Stion has hired over 100 employees and their capital investment will exceed $100 during the first phase. (See full story here)
Bracco Diagnostics will establish a presence in the Greater Hattiesburg. The company will occupy space in The Accelerator, which is in The Garden, The University of Southern Mississippi's Innovation and Commercialization Park. Bracco will produce a lotion that neutralizes chemical warfare agents that can be hazardous to military troops. (See full story here)
Resinall, Inc. announced the expansion of their Hattiesburg plant, resulting in retaining the current 120 jobs, adding 10 new jobs and an overall capital investment of $17 million. The Hattiesburg manufacturing plant will begin a new product line tapping into two primary markets: high grade packaging adhesives and personal hygiene adhesives. (See full story here)
Ridge at Turtle Creek
National retailers and restaurants continue to flock to Greater Hattiesburg. The Ridge at Turtle Creek, a $25 million investment bringing appoximately 225 new jobs, is the latest addition and is anchored by Academy Sports and Outdoors and a Cheddar's restaurant.