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.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Mississippi Film Studios signs contract with New Orleans company
- Mars Food expanding Delta plant; investing $31M and adding jobs
- Watkins says JRA out to block him from Farish by repaying HUD $1.5M
- Pickering lists concerns over Mississippi Adequate Education Program formula
- Peavey's wellness program honored after workers drop 1,000 pounds
- Group, lesbian couples look to overturn state's ban on same-sex marriages
- Board authorizes sale of company that owns Silver Slipper Casino
- MDOT cutting more than 40 jobs in Right-of-Way Division
- GreenTech holds grand opening of neighborhood electric vehicle plant