State Ranked Among Best Places to Do Business

JACKSON — Mississippi has been named among the top states in which to do business by Area Development, a leading publication covering site selection and facility planning, in the publication’s 2012 “Top States for Doing Business” survey.

Mississippi tied for second in categories evaluating competitive utility costs and permitting speed. The state ranked ninth overall and was among the top five states for overall cost of doing business and competitive labor costs. Survey participants rank states on factors like business climate, tax structure and access to a skilled workforce.

“To be ranked so favorably as one of the top states to do business by Area Development is proof that ‘Mississippi Works,’ and I am honored we have once again been recognized for our efforts to make Mississippi as business friendly as possible,” Governor Phil Bryant said. “Our business climate, combined with our dedicated workforce and prime location, has helped us attract leading global companies to Mississippi in recent years. We are working hard to support the expansion and success of our existing businesses while improving the business climate here and attracting new companies and industries. “

This is the third consecutive year Area Development has conducted the “Top States for Doing Business” survey. Mississippi also ranked among the top states in 2010 and 2011. This year, Mississippi was particularly recognized for working with businesses to navigate the permitting process, helping to quickly bring new operations and new jobs online.

“We appreciate the fact that the site selection consultants surveyed by Area Development recognize Mississippi as one of the top places to do business in the United States,” said Brent Christensen, executive director of the Mississippi Development Authority (MDA). “Many people work hard to attract new businesses to the state, help our existing companies grow and ensure Mississippi remains business-friendly and competitive. It is a privilege to be acknowledged by the professionals who help companies find sites for their location and expansion needs as a prime place for businesses to operate.”

To read more about the ranking, visit www.areadevelopment.com/top-states.