1. HANCOCK COUNTY PORT & HARBOR COMMISSION General Update Presentation
Janel Carothers, CDO
Cell: (228)

2. Capital Inv.: $38.8M Total employees: 30 Cash Reserves: $17.3M
Hancock County Port and Harbor Commission (228) | PortAirSpace.com
No direct county taxpayer subsidies
Self-sustaining operations
We do rely heavily on infrastructure grants
Port Bienville
Port Bienville Short Line Rail
Stennis International Airport
Water / Sewer Operations
2018
Total Budget: $45.6M
NOI: $ 2.7M
Capital Inv.: $38.8M Total employees: 30
Cash Reserves: $17.3M
Total Net Assets: $70M
Indians, settlers, pirates and soldiers shaped this part of Mississippi’s West Coast, which now hosts modern-day explorers.
Founded by French settlers
1960s – NASA’s John C. Stennis Space Center constructed – America’s largest rocket engine test facility. * 1/3 of County is acoustic buffer zone – no inhabitable structures allowed
1990s – Gambling legalized causing surge in economy, housing, and tourism.

3. INDUSTRY SNAPSHOT Port Bienville Industrial Park EMPLOYMENT BY
14 companies
Employment 694, increase 14%
Stennis International Airport
16 companies
Employment 355, increase 1%
Stennis Space Center
47 agencies
Employment 4,994
EMPLOYMENT BY
INDUSTRY
Military 3,600+
Polymer/Chemical 414+
Aerospace 386+
Manufacturing 490+
Ad Valorem Tax Revenue Collected from Industry Base = $9,527,000
Industry Base of Total County Tax Revenue = 30%

4. REALTOR PARTNERSHIPS COMMISSION INCENTIVES MARKETING
4% of base lease rentals for primary terms
6% of the sales price*
INCENTIVES
Job training
Cash
Infrastructure
Mississippi Development Authority grants/loans
Tax abatements
MARKETING
State database
Requests for Information (RFIs)
DATA & DEMOGRAPHICS

5. COMMISSION 6% of the sales price
4% of base lease rentals for primary terms
Preferred realtors – refer projects and businesses
ft.

6. INCENTIVES Incentive Description Legal Entity Responsible
Incentive
Description
Legal Entity Responsible
10-Year Property Tax
Exemption
An exemption from property taxes on land, building and equipment is available for up to 10 years. School taxes are not exempt.
Hancock County Board of Supervisors
Reduced Land Costs
A company may be approved to pay a reduced lease rate for land based on economic impact of the project investment, job creation, and average wage.
Hancock County Port and Harbor Commission
Site Prep Assistance
Provide funds to aid in infrastructure needs on-site, whether special project funds or an allocation of negotiated fee-in-lieu payments.
Reduced Facility Lease
Provide a facility for industry operations at a long-term economic development incentivized rate.
Freeport Tax Exemption
Provide property tax exemption for all inventories that are subsequently located outside the boundaries of the State after being sold.
Foreign Trade Zone
Provide duty exemptions on certain imported components.
Foreign Trade Zone Board
No. 92
Training Facility
Provide 9,000 sf in the McDonald Training Center located in Port Bienville Industrial Park for employee screening, recruitment and training.

7. MARKETING Industrial & large scale commercial
Submit properties here:
MDA, Mississippi Power, Cooperative Energy

9. DATA & DEMOGRAPHICS

10. WORKFORCE AVAILABILITY: PROFESSIONAL
11 Occupations increased by 209 from (0.4%), less than the national growth rate of 6.6%. The occupations are projected to increase by 568 from (1.0%), less than the national projected growth rate of 4.7%.
Regional job concentration for jobs in these 11 occupations is 0.93 times the national job concentration. In other words, there are 7% fewer jobs in these 11 occupations in this region than we would expect to find in the average region.
Cost of labor in the region is below average. The median earnings for 11 Occupations in the region is $19.37/hr, which is $4.28/hr below the national median of $23.65/hr.
Proposed Site
Source: EMSI 2018

11. 2018 CAPITAL PROJECTS

12. 2018 CAPITAL PROJECTS

13. ENTERPRISE PARK AT STENNIS SPACE CENTER
Federally owned property
Must fit in NASA mission
Developer would be HCPHC
Greenfield sites
190 ACRES
150 ACRES

14. Land Purchase at Stennis International Airport
Highway 603
Stennis
International
Airport
1,260 acres
Aerospace growth
UAS operations
Acoustical buffer
Interstate 10
Available for Commercial
240 acres

15. Take Aways We’re the government, and we’re here to help.
Rail, docks, airport, & infrastructure
Incentives - both publicly-owned properties and privately held properties.
Industrial & large commercial inventory – let us know when you have listings that match with our mission, so we can market locally, regionally, and internationally!

16. $35,000,000 2018 CAPITAL PROJECTS Port Bienville Industrial Park
$23M total
Linea dock restoration - $9M
Transloading dock - $8M
Dredging of industrial canal - $6M
Port Bienville Railroad
$2M total
Including 3 rail improvements - $1.6M
Stennis International Airport
$9M total
2 hangars - $4.5M
$35,000,000
Life Cycle Maintenance
Safety
Strategic Investment
Work in Progress

17. Port Bienville Industrial Canal Stennis International Airport
2018 Key Strategies
Port Bienville Industrial Canal
Development of Industrial Canal
Stennis Space Center
Development of Enterprise Park
Stennis International Airport
Spaceport Feasibility Study

18. WORKFORCE
“ ACT Work Ready Community is a unified effort between industry and community partners to assess skills to close skill gaps so our workforce can compete globally.”

19. PORT BIENVILLE’S TOP COMPANIES NORTH AMERICA’S LARGEST PRODUCER OF
Among the world’s top composite companies, producing material used in automotive applications.
Employs approx. 144
NORTH AMERICA’S LARGEST PRODUCER OF
PET RESIN
Employs approx. 155
Expansion 80 employees
Produces 300,000+ tons of natural gas, petroleum, and water transmission pipes annually. Diameters ranges are 18’ – 120’
Employs approx. 198
Expansion 100 employees
ACTIVATED CARBON
Employs approx. 49
Expansion 18 employees
PRODUCES
POLYACRYLAMIDES
WATER
OIL & GAS
MINING
PAPER
MUNICIPAL WATER TREATMENT
PERSONAL PROTECTION EQUIPMENT
World’s leading manufacturer of water-soluble polymers, serving the municipal and industrial water and wastewater treatment markets.
Employees approx. 63
Expansion 10 employees

20. WORKFORCE AVAILABILITY: 2017 PROFESSIONAL JOBS
Proposed Site
There were 3,493 relevant completions from 29 institutions in the region in 2016.
Source: EMSI 2018

21. WORKFORCE AVAILABILITY: PROFESSIONAL
Proposed Site
37 Occupations decreased by 2,168 from (-1.5%), less than the national growth rate of 9.7%. The occupations are projected to increase by 665 from (0.5%), less than the national projected growth rate of 4.8%.
Regional job concentration for jobs in these 37 occupations is 1.15 times the national job concentration. In other words, there are 15% more jobs in these 37 occupations in this region than we would expect to find in the average region.
Cost of labor in the region is below average. The median earnings for 37 Occupations in the region is $16.86/hr, which is $0.31/hr below the national median of $17.17/hr.
Source: EMSI 2018

22. WORKFORCE AVAILABILITY: 2017 PROFESSIONAL JOBS
Proposed Site
There were 4,051 relevant completions from 28 institutions in the region in 2016.
Source: EMSI 2018