| JACKSON, Miss. — While touring Material Bank in Olive Branch today, Governor Reeves highlighted the economic development success that has occurred in DeSoto County during his term as governor. Since taking office, DeSoto County has secured more than $450 million in new corporate investment and announced over 1,000 new jobs. Additionally, in 2020, Mississippi saw approximately $1.9 billion in capital investment, more than double the previous 10 year’s average of $900 million per year.
“I’m extremely proud of my administration’s work to further economic and workforce development, increase corporate investment, and create more good-paying jobs in DeSoto County,” said Governor Tate Reeves. “The success of DeSoto County highlights that Mississippi is open for business, and that our capable workforce can deliver results. I look forward to extending DeSoto County’s streak of economic development achievement.”
Since Governor Reeves took office, the following state assisted economic development projects for Desoto County have included:
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January 2020, Toshiba America Business Solutions
$14 million corporate investment; Creating 40 jobs
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January 2020, Emerson Appleton
$3 million corporate investment; Creating 100 jobs
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February 2020, Milwaukee Tool
$8.7 million corporate investment; Creating 100 jobs
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June 2020, Associated Wholesale Grocers
$300 million corporate investment; Creating 79 jobs
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October 2020, Material Bank
$14.5 million corporate investment; Creating 300 jobs
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November 2020, Ardagh
$90 million corporate investment; Creating 80 jobs
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June 2021, Edelbrock, LLC
$14.4 million corporate investment; Creating 200 jobs
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July 2021, AeroSafe Global
$2.5 million corporate investment; Creating 100 jobs
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August 2021, Spectra Laboratories
Announced the opening of its new 200,000 square foot laboratory in Southaven; Creating 300 jobs
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Today, Elkay Manufacturing
$3.22 million corporate investment; Creating 25 jobs
Throughout his tenure in public service, Governor Reeves has prioritized economic growth and workforce development. Believing that the bedrock of a successful economy is a skilled workforce that can adapt to evolving industry trends and attract new businesses, Governor Reeves will continue to implement policies that invest in Mississippians so they can obtain high-paying, meaningful careers right here at home.
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