Lawmakers okay funds for solar panel plant
by Associated Press
Published: March 12,2010
JACKSON — Mississippi lawmakers have passed a $50-million bond bill to attract a company that might build solar panels in the state.
The bill passed the House Thursday. It had cleared the Senate Feb. 24.
House Ways and Means Committee Chairman Percy Watson says state economic officials are keeping details about the project confidential, including the name of the company and the potential location for a plant.
Watson says the company would invest $132 million and the state would provide a $50 million loan. Watson says the company would create 500 jobs within five years with salary and benefits packages averaging at least $34,000.
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