This year the Mississippi Legislature approved loans for three green energy manufacturing companies recruited to the state by Gov. Haley Barbour. In January the state Legislature approved a $75 million loan for Stion, a startup manufacturing company that will make thin-film solar panels in Hattiesburg. The company promises to investment $500 million and bring 1,000 [...] [...]
Calisolar, which said in early September that it will build a plant in Lowndes County, Miss., recently announced it’s firing 80 workers from its polysilicon solar cell manufacturing plant in Sunnyvale, Calif. The solar start-up company, which was founded in 2006, has more than… >>SEE FULL STORY<< – Cnet News Green Tech blog and Bloomberg [...] [...]
“Gov. Haley Barbour has asked the Legislature to approve $175 million in incentives for California-based Calisolar and start-up HCL CleanTech to open facilities in Mississippi — projects expected to create direct jobs for 1,800 people.” Clarion-Ledger, Sept. 1, 2011 When this writer read that sentence he immediately got out a calculator and did the math. [...] [...]
by Ross Reily Published: September 13,2011
Tags: agriculture, banking and finance, Baxter Laboratories, Bolivar County, Calisolar, CLEVELAND, Coahoma County, construction, Delta Revitalization Task Force, DeSoto County, education, employment, environment, federal government, Greenville, Greenville Bridge, HCL Cleantech, healthcare, higher education, House Bill 1034, Issaquena County, jobs, KIOR, Leflore County, manufacturing, Memphis, Mississippi, Mississippi Business Journal, Mississippi Delta, municipal government, oil spill, publicly traded company, real estate, retail, Riverbend Crossing, Sharkey County, Soladigm, state agency, Stion, Sunflower County, Tallahatchie County, tourism, Twin Creeks, unemployment, utilities, VICKSBURG, Washington County, Weather
The Mississippi Delta continues to flounder as unemployment figures average around 18 percent for the 12 counties between Vicksburg and Memphis. Yet, there have been many jobs announcements in the years of the Barbour administration, but very few have had anything to do with the Mississippi Delta. In this latest barrage of economic development announcements, [...] [...]
by MBJ Staff Published: September 6,2011
Tags: agriculture, banking and finance, Calisolar, casinos, Columbus, construction, Crosslink Capital, disaster, disaster recovery, economic development, economy, education, elections, employment, energy, environment, Evergreen Solar, federal agency, federal government, gaming, Gov. Haley Barbour, HATTIESBURG, healthcare, higher education, investing, jobs, manufacturing, Massachusetts, Mississippi, Mississippi Business Journal, offshore drilling, oil and gas, oil spill, real estate, recession, San Francisco Business Times, Solyndra, state government, Stion, Sunnyvale California, tourism, transportation, Twin Creeks, Weather
Solar energy may be the wave of the future, but Mississippi should be careful where it comes to being an investor in new companies promising the moon — er, sun. Evergreen Solar in Massachusetts went bankrupt last month, leaving that state hanging after an investment of more than $40 million of taxpayer dollars in the [...] [...]
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