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.
Twang & Tourism: The Country Music Trail
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Officials set hunting dates for birds; expands dove season by 20 days
- Ex-state employee gets jail time for embezzling from school
- Madison's Christmas on Ice will not take place this year
- SPECIAL REPORT: Land may hold key to Jackson airport’s success
- Ex-judge disciplined, but not barred, by Supreme Court
- Gunn: State's GOP needs to heal after Senate primary battle
- SPECIAL REPORT: A savvy pro is sought for Jackson airport's CEO
- Bank welcomes Little
- USM Foundation sees second-highest fundraising total in history