Hinds County lands Continental Tire Plant
(From the Clarion-Ledger) Mississippi lawmakers have agreed to borrow $274 million and provide millions in tax breaks to land a tire plant in Hinds County and a shipyard in Gulfport expected to create a combined 3,500 jobs.
Continental Tire the Americas plans to begin in January 2018 building a $1.45 billion, 5 million-square-foot plant to make industrial tires. As part of its deal with the state, the plant off Interstate 20 between Clinton and Bolton will employ 500 people by the time it opens in 2019 and 2,500 people by 2028.
“This has been a long, but successful journey, two years in the making,” Bryant said Thursday of the tire plant deal. “…Continental is telling us this will be the center of Continental’s universe. This will be the plant they bring their customers to see.” Click here to read more.