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Electric car maker GreenTech lays off Mississippi workers

Electric car maker GreenTech Automotive has laid off some or all employees at its Mississippi Delta plant. Mississippi Department of Employment Security spokeswoman Dianne Bell told The Associated Press Thursday that the agency has been told GreenTech is “shutting down” in Tunica County. GreenTech didn’t return requests for comment. GreenTech owes Mississippi $2.85 million, after making an overdue $150,000 loan ...

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Mississippi: Electric car maker makes overdue loan payment

Mississippi officials say an electric car maker has made an overdue payment on its state loan. Jeff Rent, a spokesman for the Mississippi Development Authority, said Wednesday GreenTech Automotive made a $150,000 payment this week. The state extended until Monday the deadline for the first payment on a $3 million state loan, originally due June 30. The loan agreement calls ...

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GreenTech says it’s back on track with Tunica Plant

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 to Tunica to witness the ...

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GreenTech to mark milestone this week on building Tunica car plant

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 says it will erect steel support structures for the facility and has invited the Mississippi media to Tunica ...

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Read June 7 issue of MBJ

>>BRIDGES Report: State bridges not old just neglected – by Ted Carter Also in this week’s paper: >>REAL ESTATE David Landrum talks about the past, present and future of Town of Livingston in Flora- by Stephen McDill >>AUTOMOTIVE GreenTech sues government watchdog for libel- by Clay Chandler >>FORESTRY Agency praises the economic benefits of land and trees- by Wally Northway >> ROSS REILY Aunt Bea and Andy can’t fix ...

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MDA, GreenTech finalizing incentive package

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 to build its midsize sedan ...

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Promise of GreenTech empty for many

Locals say something other than casino jobs need to be available, but GreenTech looks like a tease   TUNICA — Not much has changed on Scenic Route 304 that runs east and west from Interstate 55 to Tunica County. After you circle around the square in Hernando and head west toward the Delta, there isn’t much to see other than ...

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