As the U.S. becomes more energy secure, Mississippi is looking to benefit with its greater-than-average percentage of manufacturing jobs and natural gas infrastructure. As we shared at the 2013 Governor’s ...
BLS Data Shows Energy/Manufacturing Jobs Growth Far Outpacing Other Sectors, Both in Quantity and Worth
Fact: Mississippi’s energy and advanced manufacturing sectors need more skilled workers to accommodate future growth, and aggressive economic growth goals require more robust, sector-specific workforce development. These sectors need a variety of skilled tradesmen such as welders, industrial technicians, machinists, electrical engineering technicians, linemen, utility technicians, and engineers. For a significant portion of high-demand skills, [...]
Overall, experts predict that the total US job market will grow by 11% between 2012 and 2022. In comparison, experts project that the energy job market alone will grow by over 16%. However, a lack of awareness of these energy and advanced manufacturing career opportunities could continue to result in a shortage of workers for [...]
The Mississippi Economic Council held a Legislative Scrambler focusing on Energy on Wednesday, March 12 at the Mississippi Museum of Art. Attendees heard from Senator Terry Burton, Chair, Senate Energy Committee, Representative Gary Staples, Vice-Chair, House Energy Committee and Patrick Sullivan, President, Mississippi Energy Institute. Click here to listen to the event sponsored by Cornerstone [...]
The Wall Street Journal recently lauded Mississippi for its workforce incentive crafted by the Mississippi Development Authority to entice Yokohama to locate a large tire plant in the state. By training local residents in basic manufacturing at the local community college and building a skills center at Yokohama’s new plant, the state ensured that the [...]
Mississippi is blessed with abundant water resources, something important for a number of industrial applications, specifically energy production. Just how valuable is this natural resource strength? Check out the graphic below.
Mississippi Energy Institute President Patrick Sullivan was featured in a WLBT report concerning yesterday’s Symposium on Enhanced Oil Recovery. Sullivan commented that EOR has been a multi-billion dollar business in Mississippi just in the last ten years while also employing hundreds of Mississippians with economic reach beyond in the thousands. See the full report in [...]
Mississippi has multiple opportunities for energy-based economic development in the near-, mid- and long-term time horizons. A near-term opportunity is the shale oil and gas energy exploration going on in southwest Mississippi, which you can read about at the Clarion Ledger.
Via Energy Information Agency Low U.S. natural gas prices have helped increase domestic plastic production after a decline from the 2008 recession. Because many U.S. plastic manufacturers use natural gas as their primary fuel source and natural gas-sourced liquids as a feedstock, continued low prices for those resources could boost raw plastic exports, given higher [...]
The state last year saw 14 percent growth in export-related jobs, and goods are currently shipped to 201 countries, according to the Mississippi Development Authority. Energy-related exports top the list. Read more at the Clarion Ledger. Top 2013 exports by dollar value: 1. Petroleum, coal products: $4.2 billion 2. Chemicals: $1.6 billion 3. Transportation equipment: [...]