JACKSON — Bankrupt biofuel maker KiOR and controlling shareholder Vinod Khosla say the state of Mississippi is using legal tactics in an attempt to squeeze money from the company. KiOR, based in Pasadena, Texas, fired back Thursday at the Mississippi Development Authority’s December call to convert KiOR’s case from Chapter 11 reorganization into Chapter 7 liquidation. “The motion reflects a ...Read More »
Tag Archives: Joe Max Higgins Jr.
COLUMBUS — Mississippi officials say they didn’t get any money from faltering biofuel firm KiOR on Friday, the deadline for the company to make a $1.9 million debt payment. KiOR, based in Pasadena, Texas, has a grace period of three business days to make the payment, so it wouldn’t officially break its agreement until midnight Wednesday. A spokeswoman for KiOR ...Read More »
The Tennessee Valley Authority has honored Joe Max Higgins Jr., CEO of the Golden Triangle Development LINK with the inaugural Mega Developer Award. Higgins’ leadership has resulted in completion of 140 major community and economic development projects, the creation of 16,000 manufacturing jobs and more than $5.5 billion in industrial investments. He was instrumental in helping attract Yokohama Tire, and ...Read More »