The Mississippi Development Authority can authorize eligible commercial entities that manufacture alternative energy components for tax exemptions up to 100% for 10 years to enable facility creation or expansion. This includes state income and franchise taxes as well as a sales and use tax. The business must have a capital investment of at least $50 million and create at least 250 new full time jobs. Businesses that produce products or research for the aerospace industry must have at least $25 million in capital investment and create at least 25 new full time jobs.
