Chevron and Prime Outlets at Gulfport Win Governor’s Cup Awards
Congratulations to Chevron Products Company and Prime Outlets at Gulfport, winners of the Governor’s Cup 2007 Economic Excellence Award in the Big Business and Small Business categories, respectively. The announcement was made Thursday evening at the Mississippi Economic Development Council Annual Awards Banquet in Biloxi, Mississippi.
Chevron Products Company, based in Pascagoula, once again became Jackson County’s largest taxpayer, totaling over $23.6 million. Employment increased by 14 percent to 1,540 employees and payroll totaled $320 million. In October 2007, the company announced plans to build a major gasoline production plant at the Pascagoula Refinery at a cost of $500 million. Gasoline production is expected to increase by 600,000 gallons per day. In 2007 he Pascagoula Refinery had its safest year ever and also announced a program with Mississippi Gulf Coast Community College to train students to work at the refinery, and to provide scholarships to 16 students.
Prime Outlets at Gulfport, located just south of I-10 at U.S. Highway 49, lost 85 percent of its roof to Hurricane Katrina. By Thanksgiving after the storm, 40 of the 76 stores were reopened. Today, merchants and center management provide jobs to over 400 people, and payroll is in excess of $10 million annually. Sales tax collections is over $4 million per year, with approximately $900,000 retained by the local community. Property taxes provide over $200,000 to the local school district, the City of Gulfport and Harrison County.