Posts Tagged ‘Terry McAuliffe’

GreenTech says it’s back on track with Tunica Plant

by Ted Carter Published: January 10,2014

Tags: Automotive, Business, GreenTech, Mississippi, Terry McAuliffe

If you’ve been looking in the “Missing Project’s” folder for GreenTech Automotive’s Tunica plant, you need search no more. After two years of delays and a federal investigation into enticements used to gain foreign investors for the plant, the McLean, Va.-based GreenTech erected steel support structures for the facility Wednesday and invited the Mississippi media […] [...]

Will the GreenTech project survive investigation, challenges?

TUNICA — It seemed like a win for everyone involved when a startup car company, backed by political heavyweights, wooed investors with plans to build a massive auto plant in the Mississippi Delta, hire thousands of people and pump out a brand new line of fuel-efficient vehicles. GreenTech Automotive Inc. announced in 2009 production would […] [...]

McAuliffe gone, GreenTech works to fulfill loan terms

by Clay Chandler Published: April 19,2013

Tags: Automotive, economic development, GreenTech Automotive, Horn Lake, MDA, Smart Car, Terry McAuliffe, Tunica

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 […] [...]

MDA, GreenTech finalizing incentive package

by Clay Chandler Published: August 14,2011

Tags: GreenTech, MDA, MyCar, Terry McAuliffe

A Q&A with GreenTech president Terry McAuliffe that appeared over the weekend on the Washington Post’s website has a lot of the same information that Magnolia Marketplace has reported since January. The production of the company’s MyCar neighborhood electric vehicle will start in Horn Lake late this year, and the Tunica facility, where GTA hopes […] [...]

GreenTech answers some questions, raises others

by Clay Chandler Published: January 30,2011

Tags: Charles Wang, GreenTech Automotive, Lyn Arnold, Terry McAuliffe

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 […] [...]

McAuliffe proves to be as evasive as Wang

by Clay Chandler Published: May 30,2010

Tags: Charles Wang, GreenTech Automotive, Terry McAuliffe, Tunica

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 […] [...]

McAuliffe takes over at GreenTech

by Clay Chandler Published: April 22,2010

Tags: Democratic National Committee, GreenTech, Kate Hudson, Terry McAuliffe

Terry McAuliffe, whose time as head of the Democratic National Committee was marked by record fundraising, has taken over role of chairman for GreenTech. Since at least a portion of the capital needed to get the project moving will come from the EB-5 investment program, which offers Visas to foreigners who invest a minimum of […] [...]

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