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
- JOSH MABUS: Bill Murray and business misfits
- The Dan Jones-IHL saga: Is this the story that started it all?
- DAVID DALLAS — From Dan and Dixie with love
- BILL CRAWFORD: Dan Jones not the angel he is portrayed to be
- Email from Nash to Delta Council’s Morgan included in DHA court file
- Suit against Kemper employee Brett Wingo is dismissed
- Dan Jones rejects IHL offer, won't publicly apologize
- Law to bolster utilities’ economic development efforts gets mixed reactions
- Delta Health Alliance CEO Karen Fox under investigation for possible misuse of funds