Posts Tagged ‘incentive’

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

by Associated Press Published: November 19,2012

Tags: county, deadline, economic development, government, incentive, job, manufacture, manufacturer, manufacturing, metal, plant, work, worker

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 […] [...]

Supervisors vote to give tax break for Hard Rock expansion

BILOXI — Harrison County supervisors have approved a tax break for Hard Rock Casino Biloxi’s hotel expansion. The Sun Herald reports supervisors unanimously agreed to a seven-year county ad valorem tax exemption for improvements related to Hard Rock Casino’s planned expansion, which involves a new 12-story hotel tower worth $32 million. The exemption doesn’t apply […] [...]

City council approves tax incentive for new Hard Rock hotel

BILOXI — The Biloxi City Council has authorized a seven-year tourism tax incentive for a new hotel tower at Hard Rock Casino Biloxi. The Sun Herald reports the incentive means the hotel will pay no ad valorem tax on the improved value for the seven-year period. The tower will be built north of the swimming […] [...]

Hard Rock considering new hotel; to ask city for incentive

BILOXI — Hard Rock Casino officials are considering building a new 12-story hotel tower in Biloxi. Tomorrow, they will ask the city for a tourism incentive. The Sun Herald reports Biloxi extends the incentive to tourism businesses and agrees to forgo ad valorem tax on the improvement value for up to seven years. The incentive […] [...]

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