JACKSON, Miss. (AP) - Gov. Haley Barbour prepared to announce Monday that an international company will build a pipe manufacturing plant in northwestern Mississippi.
Local officials confirmed Tunica County supervisors approved a plan Monday morning to borrow $4 million to help a company build the $300 million plant.
Supervisors were traveling to Jackson to join Barbour at a late afternoon news conference. The announcement has been expected since October, when Barbour said he would call lawmakers into special session to approve incentives for the manufacturer.
Lawmakers have said they expect it to be a German company that makes stainless steel pipes for oil and gas production.
Barbour said in December the company was trying to arrange private financing.
The announcement of movement in the project comes the day before lawmakers begin their regular session.
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