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Tag Archives: plant

State, county offering $76M in incentives to SiliCorr

LOWNDES COUNTY — The state of Mississippi is offering $60 million in incentives and Lowndes County is kicking another $16 million for infrastructure improvements to support an operation that will melt gravel into silicon for everything from cosmetics to cellphones and computer screens. In return, the company, called SiliCorr, would invest $500 million in the plant and hire 950 workers. ...

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Delta city still hoping for peanut-shelling plant

GREENWOOD — Although an Oklahoma peanut processor says it has no solid plans for a shelling plant outside its home state, Greenwood’s economic development leaders believe one eventually will come to their city. “We are confident that when the details are worked out for the peanut shelling plant and the additional jobs that will come, Greenwood-Leflore County will be the ...

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Indiana company purchases Pontotoc Spring; terms not disclosed

PONTOTOC — Pontotoc Spring, which makes coiled springs for the automotive aftermarket, as well as metal stampings for automotive, industrial and commercial applications, has been acquired by an Indiana company. Terms of the deal were not disclosed. MW Industries of Logansport, Ind., made the announcement. Pontotoc Spring employs 90 workers. Pontotoc Spring general manager Allen Roye says the acquisition would ...

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Koppers Holding closing plant; nearly 50 left jobless

GRENADA — Koppers Holdings Inc., which produces carbon compounds and wood treatment products, says it will close a facility in Grenada because of low levels of profitability that show no signs of future improvement. Pittsburgh-based Koppers said in a news release that the wood treating plant in Grenada, which employed about 46 people, shut down by July 31. According to ...

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Former Georgia-Pacific plant destroyed in blaze; no injuries reported

GLOSTER — A fire has destroyed the former Georgia-Pacific paper mill in Gloster. The Natchez Democrat reports fire units from several counties and Louisiana responded to the fire. Amite County fire coordinator Sam Walsh says the plant was engulfed in flames when firefighters arrived. There were no injuries because workers had already left. The mill closed in 2002, leaving 300 ...

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GE Aviation to choose contractor for new plant

ELLISVILLE — GE Aviation officials will soon choose a contractor to build a planned 300,000-square-foot plant in Ellisville, and hope to open it next year, company spokesman Rick Kennedy says. GE Aviation, a unit of the General Electric Co. said in July that the $56 million project was planned for the Howard Technology Park. We hope to have the building ...

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KiOR closes on $75M loan to support first biofuels plant

COLUMBUS — KiOR Inc., a next-generation renewable fuels company based in Pasadena, Texas, has closed a $75 million, four-year term loan with a lender group comprised of an affiliate of Vinod Khosla and two Canadian corporations owned by certain pension fund clients of Alberta Investment Management Corporation (AIMCo). “This follow-on investment in KiOR reaffirms the continued long-term commitment of two ...

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Foley Products opening plant, creating 40 jobs

PRENTISS — Foley Products Company, manufacturer of precast concrete products, is opening a facility in Prentiss.  The project represents a company investment of more than $7 million and will create 40 new jobs, according to the Mississippi Development Authority (MDA). “Mississippi is a key component of our southeastern strategy. We plan to have our facility online in 2012 so we ...

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County building new water treatment plant

JACKSON COUNTY — Jackson County and the local utility authority will use grant money to build a new water treatment plan for the east side of the county. Supervisor John McKay tells the Mississippi Press the project will cost $10 million to $12 million. McKay said the money was originally meant for economic development at the Singing River Island Naval ...

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