Supervisors approve tax break for DuPont plant
Published: October 4,2011
DELISLE — Harrison County Supervisors have agreed to give DuPont a $250,000 annual property tax exemption if the company invests $45 million into its operations near DeLisle.
The Sun Herald reports the tax waiver would be good for five years and it would mean a tax savings of about $250,000 annually if the company makes the $45-million investment in new equipment, buildings and renovations. The company would have the option to ask for a five-year extension.
DuPont does not expect the work to bring any additional jobs, which concerned supervisors, but the memorandum of understanding the Board entered into Monday said the tax break could save existing jobs.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Attorney McRae challenging Miss. treasurer in GOP primary
- Judge names receiver for KiOR plant, but tax payment unclear
- DAVID DALLAS — Roger Wicker: Profile in discouragement
- Choctaws' new hospital nearing completion
- Rival plans filed to end Cleveland schools federal oversight
- Tommy Robertson indicted on five counts of embezzlement
- Ecolab reducing Columbus workforce
- Production under way at Grammer AG in Tupelo
- State's ventures into alt-fuel markets net few jobs