Posts Tagged ‘incentive’

Conveyor component-maker cuts ribbon for expanded plant

CLARKSDALE — Gov. Phil Bryant and officials from Metso cut the ribbon this past weekend on the company’s expanded operations in Clarksdale. Metso announced in September 2012 it would increase its conveyor component operations at the Clarksdale location. The project represents a $4-million company investment, and it created 30 new jobs and retained 61 jobs, […] [...]

City, county hope data processing facility announcement comes soon

STARKVILLE — Starkville and Oktibbeha County officials are hoping for an announcement as early as October on a proposed $20 million data processing facility. The Commercial Dispatch reports that Joey Deason, Oktibbeha County’s representative with the Golden Triangle Development Link, said a tentative announcement date of Oct. 3 has been set for what is called […] [...]

Fire forces Alabama company to relocate plant to state

PLANTERSVILLE — A mattress maker will relocate its operations to a vacant facility near Tupelo after lightning sparked a fire that destroyed its Double Springs, Ala., factory. Posturecraft Mattress Co. will open a plant in the former location of National Mattress Co. in Plantersville, with plans to hire 125 to 150 people, state Rep. Steve […] [...]

Enerfab unveils plans for yet another expansion

NATCHEZ — Enerfab Inc. plans a second expansion in less than a year at its Enersteel operation in Natchez. The $10-million investment, announced yesterday, is projected to create at least 45 jobs, raising the company’s employment total above 150. That comes on top of an $11-million, 20-job expansion announced in May. The company opened its […] [...]

Program rewards growers for safe food-handling practices

ACROSS MISSISSIPPI — The Mississippi Department of Agriculture and Commerce is currently offering a cost-share program to provide financial assistance to Mississippi fruit and vegetable farmers receiving Good Agricultural Practices (GAP) and Good Handling Practices (GHP) Certification. Eligible farmers will receive reimbursement for 75 percent of the certification costs up to a maximum of $500. […] [...]

Study says Nissan subsidies total $1.33B; MDA says overestimated

CANTON — A study paid for by the United Auto Workers finds state and local governments may provide Nissan Motor Co.’s Mississippi plant with nearly $850 million in tax breaks over 30 years, plus $400 million in cash aid. The report estimates Mississippi will pay $90 million in interest on money borrowed to aid Nissan, […] [...]

Supervisors want to borrow money for future development

STARKVILLE — Oktibbeha County supervisors have passed a resolution to let the public know it will borrow $5 million when needed to support an economic development opportunity. Supervisors took the action this week at the urging of the Golden Triangle Development LINK, a local economic development group. The county would borrow the money by issuing […] [...]

County watching special session, needs jobs

CLAY COUNTY — Lawmakers are meeting in special session today to consider incentives to bring a Japanese tire manufacturer to Clay County. Yokohama Tire Corp. would make industrial tires for trucks and tractors. In a House committee meeting today, lawmakers were told the state would borrow $70 million to buy land, build infrastructure and train […] [...]

Lawmakers say special session concerns tire manufacturer

CLAY COUNTY — Gov. Phil Bryant is calling lawmakers back to the Capitol tomorrow for what many hope will be a quick a special session to lure an auto parts maker to the state. Bryant has released few details about the project, beyond saying it’s for Mississippi’s “automobile corridor.” Several lawmakers say an international company […] [...]

County offering incentives for new manufacturing plant

COLUMBUS — Lowndes County will apply for $6.6 million in grants and loans to support the location a facility for a building material manufacturer. Golden Triangle Development Link CEO Joe Max Higgins said CalStar Products would create at least 58 jobs and possibly up to 100 within the next three years. CalStar opened a plant […] [...]

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