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Mississippi seeks approval for two hyperscale data center developments

Jan 25, 2024 | Posted by Abdul-Rahman Oladimeji

Mississippi’s Republican Governor Tate Reeves is seeking approval for a $10 billion investment in two hyperscale data center developments in Canton and wider Madison County. Reeves called a special session to discuss this opportunity on January 25, noting on X that this is a project that will “shatter records by billions of dollars.”

Reeves said in a January 24 news conference, “It’s truly a monumental day for Madison County, for metro Jackson, and for the state of Mississippi. It is truly a testament to the people of Mississippi that major companies are choosing our state for innovative jobs just like these. It is further proof that our state is doing what it needs to do to drive further economic growth and position Mississippi as a national leader in innovation.”

Regarding tax breaks, Reeves said, "The tax breaks that are included in this specific deal are not different than the data center tax breaks that are already in statute basically. Those commitments will include a 10-year, 100 percent corporate income tax exemption, sales and use tax incentive good for construction and for any investment made 12 months post-construction. We’re going to do a 90 percent rebate on the contractor’s tax and the sales and use tax equipment for the facilities’ perpetuity.”