Posts Tagged ‘incentive’

Silicor misses another incentive deadline with county

COLUMBUS — Solar silicon maker Silicor Materials has missed another deadline. The company failed to put up $150,000 in escrow money to show good faith and seal a deal that would have meant hundreds of new jobs to Lowndes County. The Lowndes County Board of Supervisors in December agreed to extend the start date for […] [...]

Finger-pointing begins in Va. over GreenTech project

HORN LAKE and TUNICA — An electric car firm headed by Virginia Democratic gubernatorial candidate Terry McAuliffe never provided Virginia officials enough details to obtain economic development incentives, according to an Associated Press review of state records. McAuliffe claimed in a Dec. 5 news conference that the Virginia Economic Development Partnership didn’t want to bid […] [...]

Report: Investment of $227M has netted less than 500 jobs

ACROSS MISSISSIPPI — Mississippi has disbursed nearly $227 million in aid to six alternative energy companies since 2010, but so far has fewer than 500 jobs to show for it. Research by The Associated Press finds the state has put in most of its total commitment, mainly in loans, to help some companies get off […] [...]

City awards tax exemptions to two companies

OLIVE BRANCH — Two companies have requested and received tax exemptions from Olive Branch city government in preparation for moving into sites along the Polk Lane corridor. The Commercial Appeal reports Milwaukee Electric Tool, which announced early this year that it would move to another site within the city to expand, and Millstone Medical Outsouring, […] [...]

Shipbuilder starts construction on expansion; adding 400 jobs

PASCAGOULA — VT Halter Marine has started construction on a new multimillion-dollar ship repair facility at the company’s Pascagoula yard. Gov. Phil Bryant and company officials say the expansion at the Bayou Casotte shipyard will create 400 new jobs. The company has three ship construction facilities, all located in Mississippi, with one facility in Pascagoula […] [...]

County hopes to land grant to lure unspecified company

LOWNDES COUNTY — Lowndes County will apply for a $1 million that supervisors hope will bring in a new company and 44 jobs. WCBI-TV in Columbus reports neither supervisors nor economic development officials would name the company. Officials did say the is considering locating the county’s 100,000-square-foot building that was completed three years ago in […] [...]

Bryant steering away from startups like failed Twin Creeks

JACKSON — Gov. Phil Bryant says he’d prefer that the state not invest in startup companies like failed solar equipment firm Twin Creeks. The Republican says he’s steering the Mississippi Development Authority away from loaning or giving money to such companies. “I do not have a preference for startup companies,” Bryant told The Associated Press. […] [...]

Officials learn facility will not meet start-up deadline

COLUMBUS — Lowndes County officials say they have been told by Silicor that a metal production and purification facility will not meet its Dec. 31 start date. Lowndes County Administrator Ralph Billingsley tells the Commercial Dispatch the announcement came during a meeting last week. In August, Lowndes County supervisors extended a Sept. 2 starting deadline […] [...]

Commissioner pushing for extension of utilities’ incentives

JACKSON — Public Service Commissioner Brandon Presley is encouraging four of Mississippi’s major electric and gas utilities to extend small business rate incentives for another year. Incentives provided by Entergy Mississippi, Mississippi Power Company, CenterPoint Energy Resources and Wilmut Gas & Oil Company are set to expire Dec. 31. Atmos Energy Corporation has a similar […] [...]

State plans to demand refund from Handy Hardware

Handy Hardware, a Texas-based hardware store cooperative, plans to close its two-year-old Meridian warehouse on Dec. 31, laying off 109 workers. The Mississippi Business Journal earlier reported the facility was closing after receiving a release from the Office of Mayor in Meridian. Mississippi Development Authority spokesman Dan Turner said the state contributed a $3.6 million […] [...]

« Previous Page Next Page »

Recent Posts

Polls

How ready is your business for health care reform?

View Results

The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

Loading ... Loading ...

Recent Comments