Growth of aerospace industry a win for Mississippi

Mississippi is having fun with historic financial success, however we’ve obtained to maintain our foot on the gasoline pedal.

In a brief period of time, Mississippi has made large progress in bettering workforce outcomes, attracting new and increasing companies, and rising our state’s economic system. Efforts to create a extra business-friendly local weather from Governor Tate Reeves, legislative management, and our congressional delegation have led corporations giant and small to more and more make investments jobs and capital in Mississippi. The aerospace business particularly is one which stands out as poised to reap the benefits of Mississippi’s quickly bettering financial and workforce outlook.

One of the crucial efficient strikes our leaders have made to make our state extra enticing to companies was to overtake our state’s workforce growth system with the creation of AccelerateMS. Over the previous few years, AccelerateMS has labored with coaching suppliers throughout the state to shift focus and assets to extend coaching for high-demand occupations in rising industries. 

Final 12 months, Governor Reeves and AccelerateMS introduced a $3.5M funding in Northwest Neighborhood School’s new, state-of-the-art Concourse Workforce Coaching Heart in Batesville. It is a nice instance of state and native companions working collectively to successfully reply to business wants. The power is already producing extra expert employees, which helps make Mississippi aggressive in attracting corporations in extremely technical industries like aerospace that provide good profession alternatives with above-average wages. 

Elected officers have labored laborious for years to make sensible selections to assist the state carry in additional capital and job investments. Our leaders have ensured that the Magnolia State’s company tax charge is low, making us much more aggressive with different states. They’ve expanded incentive packages, just like the Aerospace Initiative Incentives Program, to draw producers right here. These packages reward corporations that find or increase within the state and manufacture or assemble elements for the aerospace business or present analysis, growth, or coaching providers for the sector.

These selections, some made a few years in the past, are producing vital outcomes at the moment. Most not too long ago, Skydweller Aero introduced a $55 million funding in Mississippi that can create at the least three dozen jobs supporting the event of solar-powered plane. 

Skydweller operations will happen at Stennis Worldwide Airport, only a stone’s throw from Stennis House Heart—NASA’s largest rocket propulsion take a look at website. Stennis gives alternatives for private and non-private analysis capabilities to create the subsequent technology of air and house journey. The middle has attracted international expertise enriching Mississippi and the remainder of the nation and creating over 5,000 jobs alone on this location.

Mississippi can be house to top-tier aerospace packages like Mississippi State College’s (MSU) Aerospace Engineering Program, MSU’s Raspet Flight Analysis Laboratory (RFRL), and the Aero-acoustics program at Ole Miss. Each educational establishments can present college students with the instruments they have to be profitable and, in flip, present the aerospace business with an informed workforce to fill their ranks. Boeing opened a whole middle dedicated to stitched composites at MSU. Simply down the highway, the RFRL offered incubator house to Boeing subsidiary, Aurora Flight Sciences.

Growing the expert workforce in our state is a prime precedence for the general public sector, personal corporations, and non-profits just like the Expertise Basis of Mississippi, which is working to lift consciousness for these coaching alternatives amongst college students, dad and mom, and academics. The expansion of the aerospace business in Mississippi is a major instance of what will be achieved when private and non-private organizations put their full weight and power into workforce and financial growth.

Mississippi is having fun with historic financial success, however we’ve obtained to maintain our foot on the gasoline pedal. It’s crucial for the continued development of our state that we work towards continued growth of the business and take the teachings discovered and apply them to draw different sectors of the economic system. If we are able to try this, Mississippi’s economic system will actually soar.