Mississippi Business Journal » GreenTech Automotive

McAuliffe gone, GreenTech works to fulfill loan terms

Clay Chandler — Fri, 19 Apr 2013 05:01:11 +0000

GreenTech Automotive has until the end of 2014 to create a minimum of 350 jobs at its Tunica facility, per the terms of a $3-million loan the Mississippi Development Authority made the company. The loan, made in September 2011, is to help the hybrid car company with site preparation and what an MDA spokesperson called [...]

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Mississippi gambles on technology developments some deem to be too risky

Becky Gillette — Fri, 18 Jan 2013 18:31:18 +0000

For years, Mississippi has placed a priority on providing assistance to technology companies to create jobs that pay more than average and help improve the economy of the state. But the failure of some of those start-up companies to get off the ground despite major incentive packages from the state raises concerns. Under the administration [...]

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GreenTech launches its MyCar vehicle

MBJ Staff — Sat, 29 Dec 2012 07:20:41 +0000

GreenTech Automotive launched its MyCar line in Horn Lake July 6. It marked the company’s first production run since its arrival in Mississippi. Charles Wang, CEO of Virginia-based GTA, said at an October 2009 ceremony in Tunica that his company would build a massive facility there that would produce gasoline-electric hybrid vehicles. Production capacity numbers [...]

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Read December 28 issue of MBJ

MBJ Staff — Fri, 28 Dec 2012 16:44:38 +0000

>> OUR TOP STORIES OF 2012 Hurricane Isaac, the Mississippi River, Republicans, GreenTech Automotive and “high gravity” legislation were some of the biggest stories of the year Also in this week’s paper: >> MORE TOP STORIES MPC coal plant awaits court ruling, Twin Creeks falls through, remembering Mayor Chuck Jordan >> MBJ-TV Glen Campbell, Mitt [...]

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Read June 4 issue of the MBJ

Stephen McDill — Fri, 01 Jun 2012 14:45:46 +0000

>> LAUNCH IS NEAR GreenTech will begin MyCar production in Horn Lake next month— By Clay Chandler Also in this week’s paper: >> HABITAT, OTHER NON-PROFITS FREE FROM MORTGAGE RULES Many of Habitat’s chapters feared they could not meet the SAFE Act rules— by Ted Carter   >> TRUESOUTH READY TO INTRODUCE ITSELF Director says ticket sales [...]

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GreenTech’s MyCar dream set for reality

Clay Chandler — Sun, 17 Jul 2011 06:00:46 +0000

GreenTech Automotive is on schedule to begin production of the MyCar at the old Dover Elevator Building in Horn Lake by the end of the third quarter. And Lyn Arnold, president and CEO of the Tunica County Chamber of Commerce, told the Mississippi Business Journal in an interview last week that she hopes an announcement [...]

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GreenTech answers some questions, raises others

Clay Chandler — Sun, 30 Jan 2011 06:00:26 +0000

This much is certain: By the end of 2011’s third quarter, two years after the company announced its plans to build hybrid vehicles in Tunica, GreenTech Automotive could start operations. Here’s what is unsettled: What the company will be building and where it will be built. Last May, GTA announced it was buying Hong Kong-based [...]

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McAuliffe proves to be as evasive as Wang

Clay Chandler — Sun, 30 May 2010 14:01:21 +0000

Despite groundbreaking for billion dollar Tunica car plant, GreenTech officials are MIA In the roughly eight months since Chinese businessman Charles Wang popped up in Tunica County and claimed he wanted to build a hybrid vehicle manufacturing facility there, not much has happened, and even less has been heard. State economic development officials all say [...]

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