Is GreenTech the real deal?
Published: October 9,2009
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.
To sign up for Mississippi Business Daily Updates, click here.
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