Located in the fastest-growing region in the U.S., Mississippi is poised for business growth. A strong network of transportation and trade resources make this state the gateway to all major U.S., Canadian and Latin American markets.
In 2017, Mississippi had more than $492 million in new capital investment, creating 2,738 jobs from new or expanding companies. Mississippi exported nearly $10.5 billion to 176 countries in 2016, representing approximately 60,000 direct jobs and 120,600 indirect jobs in the state.
In 2017, CNBC ranked Mississippi as the No. 1 state for both the lowest cost of doing business and cost of living. Area Development Magazine ranked Mississippi No. 3 for the best business incentives, and No. 6 in the U.S. for speed of permitting.
According to the Mississippi Development Authority, nearly 800 miles of commercially navigable waterways give Mississippi businesses economical and efficient access to national and international markets. Three navigable waterways—the Mississippi River to the west, the Tennessee-Tombigbee Waterway to the east and the Gulf of Mexico to the south—give Mississippi a unique transportation advantage.
Twenty-eight rail systems—including five Class 1 rail lines—serve Mississippi with 2,541 miles of track. The roadway system, recently ranked 11th best in the U.S. by the Reason Foundation, includes six interstate highways covering 698 miles and 14 federal highways, positioning Mississippi within a day’s drive of 55 percent of U.S. businesses and major population centers.
Mississippi is home to eight public universities, four of which boast full-service research and development centers, according to the Mississippi Development Authority.