Home | Business News | Browse by Publication | M | Mississippi Business Journal

Bright future predicted for auto manufacturing in state.

Publication: Mississippi Business Journal
Publication Date: 29-NOV-04
Format: Online - approximately 1060 words
Delivery: Immediate Online Access

Article Excerpt
According to industry experts, it's not if but when another automotive assembly plant will locate in Mississippi--and the South.

"Quite frankly, I think everyone should be optimistic," said Buzz Canup, p2resident of Canup & Associates Inc., and project director of the Nissan Implementation Team. "'There could potentially be another automotive plant coming to Mississippi. The state, through the incentive package it offered Nissan, has put in place some very attractive incentives that would certainly be beneficial to any automotive manufacturer that could meet the threshold criteria as defined in the legislation.

"The state is also rapidly developing a strong supplier base to support the Nissan project. Most likely, they're supplying other manufacturers as well, and that's certainly another plus. The presence of a supplier network obviously provides opportunity for another auto manufacturer to come in and negotiate with those suppliers to also provide parts for them, probably at a cost advantage."

Mark Sweeney of Greenville, S.C.-based McCallum Sweeney...

Access Full Article, Compliments of Goliath

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Mississippi Business Journal
MBCI uses gaming as catalyst for resort development: making East Centr..., November 29, 2004
Furniture industry continues to grow and diversify., November 29, 2004
Armed with economic development tools, filmmaking now considered an in..., November 29, 2004
At the center of it all: changing face of downtown Jackson., November 29, 2004
Mississippi at the forefront of healthcare tech, innovation., November 29, 2004

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.