Business Facilities - August 2008 - (Page 30)

tory for at least an additional three or four years. So there’s little question that you’ll be expanding your aerospace facilities; the only question left to answer is where you’ll be doing that expansion. Here are the locations that have the skilled workforce and economic incentives you need. Aerospace in Mississippi Reaches for the Stars Mississippi likes to remind the world that before a space shuttle or rocket heads toward the stars, it makes a stop in Mississippi first. That’s because Mississippi’s Stennis Space Center is the rocket propulsion testing ground for NASA. In 2007, the Stennis Space Center had an estimated direct global economic impact of $931 million. Impressive indeed, but the Hospitality State is also known for a strong competitive edge across the full spectrum of both the aerospace and defense industries. Every commercial airliner in the world has at least one hydraulic component that was designed and manufactured by a Mississippi company—Eaton Corporation. Eaton’s aerospace facility in Jackson, part of the company’s Fluid Power Group, employs approximately 550 people who manufacture hydraulic products for aerospace, marine and defense industries. Last summer, General Electric Aviation broke ground in Batesville, MS for its new jet engine component factory, a 200,000 square-foot facility specializing in advanced composite engine components. The plant is expected to become operational by early 2009. Northrop Grumman, the only U.S. industrial designer, builder and refueler of nuclear-powered aircraft carriers and one of only two companies that design and build nuclearpowered submarines, has enjoyed a long, profitable track record in Mississippi. The company is one of the nation’s leading providers and supporters of major surface ships for the U.S. Navy, U.S. Coast Guard, international navies and commercial vessels. Its shipbuilding operation has been located in Pascagoula, MS since 1938. Today the company has expanded its defense-related capabilities in Mississippi to include technologically advanced aviation systems. In 2004, the company opened a state-of-the-art facility to produce unmanned aerial vehicles (UAV) for the U.S. Navy. The UAV facility represents the fourth Northrop Grumman organization to operate in Jackson County. Northrop Grumman officials North Carolina. North Carolina’s electric cooperatives are your outlet for growth and success. When it’s time to energize your company, turn to North Carolina. One of the fastest growing states, we have a hard-working labor pool, top schools, and high quality of life. And, turn to North Carolina’s Touchstone Energy cooperatives, who are there every step of the way. We offer a full-service infrastructure that assists you with financing, site selection, and energy efficiency. Here, you can plug into a network designed to energize your business. w w w. n ce l e c t r i c co o p e rat i ve s. co m / d e ve l o p m e nt #1412 at www.BusinessFacilities.com 30 A S P E C I A L A D V E RT I S I N G S E C T I O N O F B U S I N E S S FA C I L I T I E S http://www.ncelectriccooperatives.com/development http://www.ncelectriccooperatives.com/development http://www.BusinessFacilities.com

Table of Contents Feed for the Digital Edition of Business Facilities - August 2008

Business Facilities - August 2008 Contents First Word Snapshots Corporate Moves: Florida Economic Development 2.0 Everything's Big in Texas Aerospace Sites: Poised for Takeoff The Nebraska Advantage Metro Spotlight: Cullman, Alabama Special Focus: Louisiana Industry Focus: Financial Centers Advertiser Index Inside LiveXChange

Business Facilities - August 2008

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