Friday, April 27, 2018

MS port project nearing completion


The restoration and expansion of the Port of Gulfport, Miss., is about six months away from completion, according to Jonathan Daniels, executive director of the port. Job creation is also “trending” toward meeting the terms of the $570M federal government agreement. As of April 13, $459M had been disbursed, says Daniels. New jobs with the project remain the same as last year: 425, most of which are at the Island View Casino Hotel. In exchange for HUD money, the Mississippi Development Authority agreed that the port would create 1,300 jobs - 51 percent of which are to be targeted for low- to middle-income persons. Many of those jobs are in the pipeline, and not being counted. One hundred of those jobs are associated with McDermott International, which mmitted as a tenant at the port four years ago. McDermott makes submersible pipe for oil and gas exploration. Daniels said that calculations on “additional full-time jobs associated with shipyard operations,” under the control of the International Longshoreman’s Association, also are not being counted. (Source: Mississippi Business Journal 04/26/18)