GRENADA. WILL FIGHT FOR YOU CALL

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1 GRENADA WILL FIGHT FOR YOU CALL Let your business be honored, protected, & nurtured in Grenada, Mississippi.

2 In Grenada we are relentless in our quest to support and nurture the growth of your business. From small to international companies, Grenada provides an unmatched business climate that allows companies to grow and prosper. Be Honored. Be Protected. Be Nurtured.

3 We manufacture great products Grenada s rich manufacturing history over the decades has resulted in a highly skilled workforce and a business culture that fosters opportunities for success. manufacturing Manufacturing DNA Home-grown to global companies, with many owner-operators and budding entrepreneurs Over 32% employment in manufacturing and a labor force of over 52,000 Talented workforce with transferable skills Strong partnership with Holmes Community College Industrial Technology Complex to develop skills for the next innovations in manufacturing Current Target Sectors Automotive Plastics Defense Food processing Infrastructure development Sporting goods

4 location In a city near major markets. Transportation Corridor in Central Mississippi 167 CHESTER TE Millington CROSS Interstate 55 directly connects you to all major U.S. Markets MCNAIRY SHELBY CRITTENDEN 64 HARDIN 64 WAYN Bartlett WOODRUFF HARDEMAN FAYETTE Memphis West Memphis Germantown Rail freight service availability Collierville Forrest City Olive Branch Horn Lake DESOTO 72 BENTON 61 LEE PRAIRIE Grenada Municipal Airport, with ILS and a 7,000 foot runway, can handle all size jet, freight, and passenger airplanes. Southaven SAINT FRANCIS 70 Corinth LAUDERD ALCORN TIPPAH TISHOMINGO MARSHALL FUTURE TATE 22 MONROE 49 COLBERT 55 Direct access to Port of Rosedale in the lower Mississippi River 78 TUNICA PHILLIPS PRENTISS UNION PANOLA FRA Oxford ITAWAMBA LAFAYETTE 165 PONTOTOC ARKANSAS Tupelo 78 Clarksdale LEE QUITMAN FUTURE 22 MARION COAHOMA YALOBUSHA NCOLN 49 CHICKASAW 65 MONROE 367 miles / East A A CLAY 49W WEBSTER LEFLORE 61 Atlanta, GA LAMAR GRENADA county Grenada Cleveland CITY DISTANCE / DIRECTION DRIVE TIME 278 CALHOUN TALLAHATCHIE BOLIVAR DESHA MONTGOMERY SUNFLOWER Greenwood Indianola 6 hours 5 minutes Columbus Starkville 82 CARROLL Greenville CHOCTAW LOWNDES OKTIBBEHA WASHINGTON 82 PICKENS 82 CHICOT ASHLEY HOLMES 165 Chicago, IL 630 miles / Northeast 9 hours 55 minutes Dallas, TX 513 miles / Southwest 8 hours 5 minutes NOXUBEE 51 HUMPHREYS ATTALA 49E SHARKEY WINSTON GREENE Jackson, MS 113 / Southwest 1 hours 5 minutes Yazoo City USE 11 ISSAQUENA WEST CARROLL YAZOO EAST CARROLL KEMPER MADISON AND 1 hour 35 minutes RANKIN HINDS Jackson Clinton WARREN SCOTT 20 Pearl 80 NEWTON Brandon 11 CLARKE CLAIBORNE St. Louis, MO 383 miles / North 4 hours 50 minutes 6 hours 15 minutes Source: Rand McNally, (reported Apr 2009) M 11 MADISON TENSAS 299 miles / South MeridianLAUDERDALE ANKLIN New Orleans, LA SUMTER Madison Ridgeland Vicksburg 99 miles / North NESHOBA LEAKE Canton 65 MADISON Memphis, TN 55 State Boundaries County Boundaries State Capitals Metro Areas Airports COPIAH SMITH Interstate Highways SIMPSON U.S. Highways State Highways 49 JASPER MISSISSIPPI LOUISIANA ARKANSAS TENNESSEE ALABAMA

5 Chicago St. Louis PROXIMITY Nashville Little Rock Memphis Dallas Jackson Grenada Atlanta Birmingham Houston New Orleans

6 We provide a talented workforce WORKFORCE A strong partnership between Holmes Community College and the EDD allows us to quickly meet the workforce needs of existing and new companies in Grenada. A community fund-raising campaign resulted in $1.6 million community investment on a state-of-the-art industrial technology complex for workforce training. The EDD and its economic development allies will support you in attracting and training the skilled workforce you need to grow and prosper in today s global markets. Grenada s workforce is highly productive, innovative, and adaptable. Our workers have a strong sense of ownership in what they do and care greatly about the quality of their work. Bob McGuffin Quality Manager, Luvata Incorporated What Existing Companies are Saying About Grenada s Workforce Productive workforce Good work ethic Adaptable, willing to change/improve skills They want to make a difference, not just punch a clock Many employees with perfect attendance

7 In a low cost business setting. Living Well In Grenada your dollars go further with a favorable operating cost of doing business including manufacturing wages and cost of living that are 20% and 23.7% lower than the national average respectively. In Grenada companies can pay competitive wages while securing a good standard of living for their employees. By the Numbers Average manufacturing wages in Grenada are 18 to 20% lower than the national average Grenada s Cost of Living Index is 23.7% below the national average Favorable operating costs including low taxes One stop environmental permitting process Quality workforce and state sponsored training A fair legal system with the Tort Reform Act of 2004 Progressive financial and tax incentive programs Solid transportation and utility infrastructure Over 1,200 acres of publicly owned industrial land with rail service AVERAGE MANUFACTURING WAGE Grenada $36,714 Mississippi $38,647 U.S. $44,560 CORPORATE INCOME TAX RATES 5% LOCATION 6% 8% 6.9% MS GA LA NC Mississippi Has One Of The Lowest Maximum State Corporate Income Tax Rates U.S. AVG cents/kwh 6.08 MS COST OF LIVING INDEX Atlanta, GA 112 Chicago, IL 126 Dallas, TX 93 Grenada, MS 69 Memphis, TN 72 New Orleans, LA 90 Source: Sperling s Best Places ( INDUSTRIAL ELECTRIC COSTS NJ 8.91 FL Mississippi Ranks 10.2% Below The National Average LOW COSTS

8 We provide low-cost industrial property LOW COSTS Grenada Business Park Site Characteristics Community: Grenada, MS Available Acreage: 180 Acres Zoning: Industrial Ownership: Public Can Divide: Yes Utilities: Water: Yes Sewer: Yes Electricity: Yes Natural Gas: Yes Fiber Optics: Yes Topography: Gently Sloping Phase I Environmental: Available Wetland Delineation Study: Available Cultural Resource Survey: Available Grenada Air Industrial Park Site Characteristics Community: Grenada, MS Available Acreage: 300 Acres Zoning: Industrial Ownership: Public Can Divide: Yes Utilities: Water: Yes Sewer: Yes Electricity: Yes Natural Gas: Yes Fiber Optics: Yes Access to Runway: Yes Max. Runway Length: 7,000 ft. Interstate 55 Industrial Park Site Characteristics Community: Grenada, MS Available Acreage: 1,175 Acres Zoning: Industrial Ownership: Public Can Divide: Yes Utilities: Water: Can be extended to site Sewer: Can be extended to site Electricity: Available Natural Gas: Yes Fiber Optics: Can be extended to site Topography: Gently Sloping Phase I Environmental: Available Wetland Delineation Study: Available Cultural Resource Survey: Available

9 And support you in any way possible. When Vitro America needed to expand and upgrade their facilities in Grenada, they turn to the EDD for support. The EDD worked closely with local and state officials to secure funds to support their expansion and completed all work without disruption to Vitro s production activities. Business Resources Tax incentives & rebates Access to state and federal resources Customized training Workforce recruitment & screening Expedited permitting Site selection Market intelligence Working with all the folks at the Grenada County EED has been a pleasure. Their extensive knowledge of the system made it possible to obtain the funds necessary to complete a much needed facility upgrade. Our expansion project was completed with no disruption to the plant production activities and has significantly improved the plant environment. Dennis Lovell Plant Engineer, Vitro America BUSINESS SUPPORT

10 We will fight for you. A Case Study Grenada Stamping & Assembly came to the EDD looking to capitalize on a market opportunity that would allow them to diversify their operations and expand. The company needed a complete and expedited renovation of an abandoned building in order to get to market timely. FIGHT FOR YOU The Grenada EDD secured grant funds to support the expansion, expedited state and local permits, and finished the complete renovation of the building in less than two months. The Grenada County EDD successfully expedited all processes to get our project off the ground in record time. That made a huge difference in our ability to get to market expeditiously. Gary Hudson Director of Operations, Grenada Stamping & Assembly About Grenada Stamping & Assembly Grenada Stamping and Assembly, Inc. is a Tier 1 supplier to Nissan in the U.S., Mexico and Japan; it is also a Tier 1 supplier to Ford Motor Co., a subsidiary of Ice Industries Inc. The company supplies stamped metal parts and assembled parts to the automotive, appliance, compressor, and solar panel markets.

11 INDUSTRIAL TRAINING Grenada, s Industrial Technology Complex The Holmes Community College Industrial Technology Complex is the result of an unprecedented community effort in partnership with Holmes Community College; opened in 2000, the technology complex works closely with existing companies to develop and implement training programs that meet their needs. Industrial Technology Complex Programs Computer Information Systems Computer Network Support Computer Programming Software Engineering Technology Electronics Technology Heating, Ventilation & Refrigeration Technology MS Office and other software training needs AutoCAD & CATIA V5 Programmable Logic Controllers (PLC) Lab Automation Lab Mechanical Systems Lab Electric Lab CNC Programming Lab Machine Shop Multi-Media equipped seminar and training room for 80 people

12 We are Data Center Ready Identified by Deloitte Consulting as one of TVA s Primary (ready for development) Data Center sites, the Grenada Business Park is perfectly located between Memphis, TN and Jackson, MS on Interstate I-55. Deloitte Consulting qualified the site as Primary based on its strong telecommunications infrastructure, electric power availability and reliability, and other characteristics beneficial to data centers. DATA CENTERS Protecting Your Data Center Investment Low cost of Power / Data Centers are eligible for TVA manufacturing rates PERCENT POWER RELIABILITY REPORTED BY TVA IN THE LAST 10 YEARS. Long haul fiber-optic from multiple carriers State sales tax exemption on all computing equipment and software for both new and replacement equipment Workforce availability from local community college and area universities Highly skilled and competitive workforce Low risk of natural disasters Access to MSU Certification for Information Assurance Program.

13 INDUSTRIAL TRAINING Grenada, s Industrial Technology Complex The Holmes Community College Industrial Technology Complex is the result of an unprecedented community effort in partnership with Holmes Community College; opened in 2000, the technology complex works closely with existing companies to develop and implement training programs that meet their needs. Industrial Technology Complex Programs Programmable Logic Controllers (PLC) Lab Automation Lab Mechanical Systems Lab Electric Lab CNC Programming Lab Machine Shop Welding Shop AutoCAD & CATIA V5 Hydraulics Lab Industrial Safety, Maintenance & Automation First Aid & CPR MS Office and other software training needs Multi-Media equipped seminar and training room for 80 people

14 Take off in Grenada AEROSPACE Located on I-55, Grenada is well positioned to supply aviation OEM s throughout the U.S. Grenada offers a well educated workforce with decades of experience in the manufacturing sector. Generous state incentives, coupled with our local can-do attitude, ensure productive, low-cost operations for your aircraft parts & equipment manufacturing company. Grenada s Advantages Local airport with a 7,000 ft. runway and ILS System Located 40 miles from GE Aviation Mississippi Skilled metal workers with excellent work ethic for quality production Access to MSU s Raspet Flight Laboratory Access to Ole Miss Center for Manufacturing Excellence Access to USM Polymer Research Institute Aviation Companies in the Region: GE Aviation 40 Miles L3 Communications 98 Miles Vertex Aviation 100 Miles Stark Aerospace 106 Miles Lockheed Martin 137 Miles RD. 1,175 ACRES

15 INDUSTRIAL TRAINING Grenada, s Industrial Technology Complex The Holmes Community College Industrial Technology Complex is the result of an unprecedented community effort in partnership with Holmes Community College; opened in 2000, the technology complex works closely with existing companies to develop and implement training programs that meet their needs. Industrial Technology Complex Programs Programmable Logic Controllers (PLC) Lab Automation Lab Mechanical Systems Lab Electric Lab CNC Programming Lab Machine Shop Welding Shop AutoCAD & CATIA V5 Hydraulics Lab Industrial Safety, Maintenance & Automation First Aid & CPR MS Office and other software training needs Multi-Media equipped seminar and training room for 80 people

16 Food Processing Industry Agriculture is one of Mississippi s top industries, representing nearly $6 billion in production value. Grenada s location at the edge of the Mississippi Delta, generous state incentives and our long manufacturing tradition ensure productive, low-cost operations for Food Processing Companies. FOOD PROCESSING Key Advantages for Food Processing Superb transportation infrastructure Interstate system ranked among the top 4 in the country Low operating cost Low cost, high reliability energy from multiple providers Low cost, highly productive workforce Access to MSU Food Science Institute and Food & Fiber Center Local and state incentives available Crops Grown in Mississippi and Neighboring Southern States: Corn Pecans Wheat Snap Beans Soybeans Tomatoes Rice Grapes Potatoes Watermelon Sweet Potatoes Peaches

17 AUTOMOTIVE OEMS

18 167 AUTOMOTIVE Auto Manufacturing Corridor CHESTER TE SHELBY CRITTENDEN 64 MCNAIRY Germantown 240 Collierville Southaven SAINT FRANCIS Olive Branch Horn Lake DESOTO MARSHALL TATE 22 Clarksdale QUITMAN NCOLN ITAWAMBA LAFAYETTE dius Ra PONTOTOC Tupelo Tu T upelo u l 78 LEE FUTURE 22 MARION YALOBUSHA 49 CHICKASAW C W 278 CALHOUN TALLAHATCHIE BOLIVAR MONROE DESHA LAMAR GRENADA county Grenad G renad Grenada Cleveland Skilled metal workers with excellent work ethic for quality production A A CLAY 49W WEBSTER LEFLORE FLLORE 61 MONTGOMERY Y SUNFLOWER Gre Gr re eenw wood Greenwood Indianola Columbus Starkville 82 CARROLL Greenville CHOCTAW LOWNDES OKTIBBEHA WASHINGTON 82 PICKENS 82 CHICOT ASHLEY HOLMES 165 Access to MSU Center for Advanced Vehicular Systems (CAVS) 51 HUMPHREYS 49E SHARKEY Yazoo City Ya USE ISSAQUENA Access to USM Polymer Research Institute WEST CARROLL YAZOO EAST CARROLL NOXUBEE ATTALA 30 M i WINSTON GREENE s diu Ra le Access to Ole Miss Center for Manufacturing Excellence FRA 65 Non-union skilled workforce Direct access to the Holmes Community College Industrial Technology Complex ile PRENTISS Oxford 6 ARKANSAS COAHOMA COLBERT UNION PANOLA 165 LAUDERD TISHOMINGO PHILLIPS 30 M Location less than 100 miles from Toyota, Nissan and Paccar TUNICA Corinth ALC ALCORN TIPPAH FUTURE MONROE us Radi ile 0M BENTON 61 LEE PRAIRIE 1,200 Acre Megasite bordered by I-55 and Grenada rail line WAYN HARDEMAN FAYETTE Memphis West Memphis Forrest City 70 Key Automotive Advantages HARDIN 64 Bartlett WOODRUFF 3 Grenada County is located in the heart of the Southern Automotive Corridor. Our non-union workforce is skilled in metal working and manufacturing. Generous state incentives, coupled with our local can-do attitude, ensure productive, low-cost operations for your automotive company. Millington CROSS NESHOBA KEMPER LEAKE SUMTER Ca C anton on Canton 65 MADISON Madiso M son on n Madison Grenada's Industrial Technology Complex Programs Programmable Logic Controllers (PLC) Lab Automation Lab Mechanical Systems Lab CNC Programming Lab nd d Ridgeland AND RANKIN HINDS MADISON Vicksburg Jackson Jackso J Ja ck kso kso on n Clint Clinton Clinto Cli nton nto on WARREN SCOTT 20 Pea Pearl Pe arl 80 NEWTON Brandon B Br MeridianLAUDERDALE M MADISON 11 CLARKE ANKLIN TENSAS CLAIBORNE Boundaries State County Boundaries COPIAH State Capitals Metro Areas Airports meansbusiness.com State Boundaries SIMPSON County Boundaries State Capitals Metro Areas Airports Interstate Highways JASPER SMITH Interstate Highways U.S. Highways U.S. Highways State Highways State Highways 49 MISSISSIPPI MISSISSIPPI LOUISIANA LOUISIANA ARKANSAS ARKANSAS TENNESSEE TENNESSEE ALABAMA ALABAMA Machine & Welding Shops AutoCAD & CATIA V5

19 You are invited, and you are welcome. Located among the beautiful hills of North Mississippi, Grenada is located at the center of the state s most important transportation corridor, midway between Memphis, TN, and Jackson, MS along Interstate 55. Grenada is a unique community offering something for everyone, yet always striving for more. Whether you are passionate about history, golf, fishing, art, or are a nature lover, Grenada has something to offer you. Grenada s award winning schools and golf courses, along with its many recreational parks continue to attract families to our area. Grenada is home to the largest lake in Mississippi, attracting over 2 million visitors annually, as well as Newsweek Magazine s # 1 rural elementary school in America. Southern Excellence Rich history of entrepreneurialism and manufacturing excellence A community that embraces its businesses and celebrates their successes Family and spiritual values that positively impact performance in the workplace Openness to innovation, new people and new ideas

20 GRENADA WILL FIGHT FOR YOU 81 S Church Street Grenada, MS info@grenadameansbusiness.com CALL FOR MORE INFORMATION: Be Honored. Be Protected. Be Nurtured.

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