Ingall Shipbuilding Awards Grants to Local Schools
Huntington Ingalls Industries (HII) announced that its Ingalls Shipbuilding division has awarded $70,500 in grants to 19 school districts and organizations in Alabama, Mississippi and Louisiana. The grants will be used by the districts for various science, technology, engineering and mathematics (STEM) projects. "These STEM grants provide school districts with resources that math and science teachers can use to get students excited about solving hard problems," said Irwin F. Edenzon, president, Ingalls Shipbuilding. "Keeping up with and exploiting technology advancements, especially in shipbuilding, continues to be a critical part of how we meet our customer's needs. It will be even more important in the future.
Northrop Grumman Grants to Gulf Coast Schools
Northrop Grumman Corporation (NYSE:NOC) has awarded five gulf coast school districts grants of $5k each to use for specific science, technology, engineering and math (STEM) projects. Each district will select a middle school within their district to implement and improve necessary STEM resources. "We are investing in a workforce and a community that has supported us for generations," Irwin F. Edenzon, sector vice president and general manager for Northrop Grumman Shipbuilding-Gulf Coast, told the educators.
Gulf LNG May Get Tax Breaks
According to The Mississippi Press, there are several state and local tax incentives that Gulf LNG could seek as it proceeds with plan to construct a $600 million liquid natural gas terminal off Industrial Road. Gulf LNG, Jackson County Board of Supervisors and the Port of Pascagoula entered a sublease agreement Monday that enables the company to use 106 acres of land south of Chevron Refinery on the east side of the Bayou Casotte channel that the state leases to the Port of Pascagoula. On the state level, two tax incentives are exemptions for state corporate income tax liability and access to tax exempt bond financing. Locally, ad valorem exemptions are available.
