KiOR chooses Natchez, not Newton, as site for second plant
Published: March 27,2012
NATCHEZ — Biofuels company KiOR says it will locate its second Mississippi production facility in Natchez, a move that will create 300 jobs.
The Natchez Democrat reports the facility will be built on a 120-acre tract of land comprised of the former Belwood Country Club. The company had originally announced the facility would be located in Newton.
The announcement was made during the company’s fourth-quarter investors’ conference call yesterday. CEO Fred Cannon said logistical, infrastructure and tax incentives made Natchez the logical choice to locate their facility.
KiOR uses a biofuel production process that uses non-food stock, including wood chips. Cannon said Natchez’s proximity to wood production areas also played a role in the decision to locate there.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- (UPDATE) Prison won’t interrupt ex-prison chief’s retirement cash flow
- JOSH MABUS — Inbound marketing is fueled by wishful thinking
- Kemper plant employee gag order continued
- 2014 a good year for filmmaking in Mississippi
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- WRESTLING SUCCESS — Ted DiBiase Jr. leaves ring to become entrepreneur
- MARTIN WILLOUGHBY — Doug Dale’s self-awareness helps lift him to top of his game
- Ex-prison boss and businessman admit to bribery scheme
- (UPDATED — BREAKING NEWS) American Specialty Alloys won’t locate $1.2B mill in Mississippi