Record-shattering $10 billion private sector investment will result in 1,000 high-paying, high-tech jobs.
Gov. Tate Reeves signed legislation to finalize the largest economic development project in Mississippi history.
Amazon Web Services, Inc. (AWS) is investing $10 billion to establish multiple data center complexes in two Madison County industrial parks. The investment will create at least 1,000 high-paying, high-tech jobs.
This $10 billion investment by AWS is the single largest capital investment in Mississippi history and four times the size of the previous largest economic development project.
Additionally, it follows a $1.9 billion private sector investment by Accelera by Cummins, Daimler Trucks & Buses, and PACCAR, which is bringing advanced battery cell production operations to Marshall County. The economic development project will create 2,000 jobs with an average annual salary of $66,000. This represents the largest payroll commitment of any major project in state history.
“Mississippi has written another chapter for the history books,” said Reeves. “This $10 billion private sector investment is proof that Mississippi can compete against the fiercest competition in economic development and win. It really is an awesome day for our entire state, and I’m so proud we could get this project done. Something special is happening in Mississippi, and we’re not going to let up anytime soon.”
Governor Reeves signed the legislation during a press conference.