With the Mississippi River and bridge as the backdrop, Governor Haley Barbour made the news official.
"It is good news, good news for Natchez, for Adams County, Southwest Mississippi and for the whole state of Mississippi," said Barbour.
The news is the state's newest economic resident, a company known as Elevance Renewable Sciences, headquartered in Illinois and headed up by K'Lynne Johnson. This will be the company's first North American manufacturing facility which will be calling the port in Adams County home.
"We will be deploying Elevance's innovative technology here, to bring competitive manufacturing and high value jobs back to the United States," said Johnson.
The eco-friendly company, a maker of chemicals, used in products like make-up, detergents and plastics, will be hiring close to 200 people and plans to invest $225 million back into the state. To help usher the company to Mississippi, the state is handing out a $25 million loan and plans to pay for improvements to existing infrastructure at the port with a price tag of about $6.5 million.
"We have to compete and competing means making infrastructure available, tax credits, that sort of stuff because it is a competition," said Barbour.
It's that competition Johnson says which made Mississippi the choice to do business in.
"What made a difference is what the state and communities could help us understand and put together to ensure that we would have long term solutions in place to support growth," said Johnson.
Plans are to eventually expand the facility creating a world-scale bio-refinery and derivatives operation, which Johnson says will be just the beginning spurred from the Magnolia State.
"By building bio-refineries in multiple geographies we are responding to our customers demands for innovated, high performance, environmentally friendly products that are cost effective," said Johnson.
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