Global Trade Alert

On February 4, 2016 the Mississippi legislature approved an incentive package of $11 million through the Mississippi Major Economic Impact Authority forEdison Chouest Offshore (an offshore energy service and supply company) to locate a shipbuilding operation at the Port of Gulfport in Gulfport, Mississippi. It consists of $10 million in discretionary grants and $1 million for workforce training. The Port of Gulfport, through its restoration budget, is also providing $25 million in Katrina-CDBG funds for infrastructure improvements, and the city of Gulfport and Harrison County are providing personal property tax abatements in support of the project.