Supervisors offer option on land to KiOR for plant
Published: February 4,2014
Tags: Adams County, Adams County Board of Supervisors, Belwood Country Club, biofuel, county government, industrial real estate, KIOR, manufacture, manufacturer, manufacturing, option, plant, REFINERY
NATCHEZ — The Adams County Board of Supervisors has offered to extend an option on the former Belwood Country Club property to alternative fuel manufacturer KiOR.
KiOR previously had a contract signed on a 120 acre-tract of the county-owned Belwood property but the option had expired.
Board attorney Scott Slover tells The Natchez Democrat KiOR officials will review the contract before it is finalized.
Natchez Inc. executive director Chandler Russ said some details about the agreement are confidential but he said the county is not holding the property for the company without a cash commitment.
The agreement was discussed in a closed-door session at the supervisors’ meeting yesterday.
The company has reportedly spent approximately $10 million on the Belwood property since announcing in mid-2012 its intention to build a cellulostic fuel facility there.
Plans call for a facility that is larger than KiOR’s current commercial-scale facility in Columbus — which is a converted lumber mill — and is projected to create 320 direct and indirect jobs.
A groundbreaking was originally planned in Natchez for last year but was pushed back as the company continued to refine its processes.
In September, KiOR announced it would, for logistical and infrastructure-sharing reasons, build a second plant in Columbus before commencing work in Natchez, though company officials said the Natchez plant is still in the company’s long-term plans.
In January, KiOR temporarily suspended operations in Columbus. Company officials said at the time the measure was taken in order to optimize the processes at the facility for maximum operations.
To sign up for Mississippi Business Daily Updates, click here.
Mississippi Economic Council
Mississippi Chambers of Commerce
Mississippi State Legislature
Mississippi Development Authority
Mississippi Economic Development Council
North Mississippi News
Social Security Disability Lawyer
Auto Accidents Lawyer
Top Posts & Pages
- Aluminum company rumored for Columbus: 'clock' is for website, not plant site
- Shale oil: market correction or longterm direction?
- Miss. surgeon sentenced in tax evasion case
- MBJ exclusive: Jackson’s new airport CEO fulfills desire to taking on the top job
- WILLOUGHBY: Mayo Flynt leads AT&T Mississippi by enjoying both work and workers
- MARTIN WILLOUGHBY: Gary Herring building tomorrow by educating today
- J.McLaughlin to open in Highland Village next spring
- 'Blue Economy' important for Mississippi's future
- Hyatt-Place is Columbus’ newest hotel option