The Mississippi Development Authority announced that Trade & Industry Development magazine recently awarded the state of Mississippi a 2017 Corporate Investment and Community Impact, or CiCi, Award for Continental Tire. The Hinds County project won in the Corporate Investment category.
The Mississippi Development Authority announced the news today.
In February 2016, Continental Tire, announced it would locate a multi-million-square-foot manufacturing plant in Hinds County. The project is a $1.45 billion corporate investment and will create 2,500 jobs. Construction of the facility, which will manufacture commercial vehicle tires, is scheduled to begin in January 2018.
“The CiCi Award is yet another example of Mississippi’s global competitiveness. Our state’s ability to land significant investments such as Continental Tire prove Mississippi is playing to win,” Gov. Phil Bryant said.
Trade & Industry Development’s CiCi Awards recognize a total of 30 economic development projects – 15 in the Corporate Investment category and 15 in the Community Impact category. The magazine’s editors select the winners after considering hundreds of project submissions from around the country. Winners in the Corporate Investment category are committed to generating significant investments through locating or expanding operations in their communities. The Community Impact category recognizes economic development projects for the positive impact they will have on a community, regardless of investment amount.
“Mississippi’s team of economic development professionals work hard to generate investment resulting in careers for the people of our state, helping us show the world we are a great place for business. We appreciate Trade and Industry Development for recognizing our efforts and Continental Tire with this award,” said Mississippi Development Authority Executive Director Glenn McCullough Jr.
In 2016, Winston Plywood and Veneer in Louisville received the award in the Community Impact category.