Tuesday in Tunica, a Chinese businessman made the biggest economic development announcement in Mississippi in almost three years, and Gov. Haley Barbour was nowhere in sight.
Xiaolin “Charles” Wang said his automotive manufacturing facility would produce 150,000 hybrid vehicles annually and employ 1,500 people directly, and the Mississippi Development Authority’s executive director was out of the country with Barbour.
If that sounds out of the ordinary, it is. When Nissan and Toyota confirmed they were setting up shop in Mississippi, every economic development official and politician who could spell Nissan and Toyota were in attendance.
His announcement ceremony, and the lack of dignitaries on the guest list, is one of many mysteries that surround Wang, CEO of GreenTech Automotive.
For the complete story, read the Mississippi Business Journal, out in newsstands today. The complete online version will be available on Monday.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info