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Communities around state in positions to benefit from package.

Publication: Mississippi Business Journal
Publication Date: 26-MAR-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: Communities around state in positions to benefit from package.(Gulf Opportunities Zone Act)

Article Excerpt
With 49 of the state's counties within the Gulf Opportunity Zone boundaries, the legislation, like the hurricanes of 2005, is cutting a wide swath through the Magnolia State. Without the massive destruction and clean up of the coastal counties, the areas away from the Coast are making headway with implementation of the act's incentives

"Counties away from the Coast are using the GO Zone legislation as a recruiting tool for businesses to relocate or expand existing enterprises," says Chris Maddux with the Jackson law firm of Phelps Dunbar. "We have clients in such counties utilizing...

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