Local entities to be reimbursed $238K for Silicor investment
A year after the Mississippi Silicon project fell through in Lowndes County, entities are getting reimbursed nearly a quarter of a million dollars.
Burnsville says ‘yes’ to Correnti’s Miss. Silicon
For the second time in three years, a company is promising to build a silicon metal production facility and add hundreds of jobs in Mississippi.
Only this time, officials say it will be in Burnsville.
Correnti takes steel mill to Arkansas
Venture capitalist John Correnti is among the investors connected with a $1.1 billion steel mill headed for Mississippi — Mississippi County in Arkansas.
MDA won’t disclose plans for Silicor site
Two weeks after backing out of a $600 million that promised 971 jobs for Lowndes County, state officials are staying silent regarding the latest developments with California-based Silicor and its plans to continue to locate in Mississippi.
Silicor officials evasive on plans for facility
In a “thanks but no thanks” statement released by Silicor Materials on Monday, CEO Terry Jester said the company plans to build a silicon metals production plant and silicon purification plant elsewhere in the state.
Jilted!: Collapse of Silicor project is latest of Correnti’s empty promises
On the surface, Lowndes County, Amory, Ontario, Ohio, and Stanly County, N.C., don’t seem to have much in common.
That they all have a desire for economic development and job creation certainly doesn’t make them unique. What they do have in common, however, are their frustrating experiences with venture capitalist John Correnti.
Our view: Don’t lose the lesson…
There is an old adage in sports that goes, “Lose the loss, but don’t lose the lesson.”
On Wednesday, Golden Triangle Development Link CEO Joe Max Higgins confirmed what had been obvious since the start of the week: The grand, $600 million, 971-job Silicor project will not be coming to Lowndes County.
Higgins: Silicor project off the table
After more than two years of wheeling and dealing, an economic development deal once known as “Project Apollo” came to a whimpering halt Monday, bringing the promise of 971 new jobs to the area down with it. But officials connected to the project say it started to burn out almost from the start.
Silicor project in jeopardy after missed deadline
Silicor Materials has missed a Dec. 31 deadline to put up $150,000 in earnest money, jeopardizing the two-phase, $600-million project, according to a source close to the project.
All quiet as Silicor deadline approaches
As the eleventh hour approaches, Lowndes County officials are still in the dark when it comes to Mississippi Silicon (Silicor Materials) and the company’s intentions to build a facility in the area.
Talks stall with Mississippi Silicon
With a Dec. 31 deadline drawing near, talks between the Lowndes County Board of Supervisors and a silicon company have stalled.
Mississippi Silicon was given until 12 a.m. New Year’s Eve to place $150,000 in escrow or lose a prime industrial site in Lowndes County, along with millions of dollars in incentive money.
Bryant says Miss. should avoid aid to startups
Mississippi Gov. Phil Bryant says he’d prefer that the state not invest in startup companies like failed solar equipment firm Twin Creeks. The Republican says he’s steering the Mississippi Development Authority away from loaning or giving money to such companies.
Higgins to supes: Silicor must put up or shut up
Golden Triangle Development Link CEO Joe Max Higgins didn’t mince words Monday when discussing the future of Mississippi Silicon with the Lowndes County Board of Supervisors.
Supes grant Silicor extension to start construction
The Lowndes County Board of Supervisors Monday voted to give Silicor Materials an extension to meet terms of a local incentive package.
Our view: Lowndes supes dance delicately with Silicor
Lowndes County’s relationship with Silicor Materials is not unlike that of a level-headed maiden being courted by a worldly suitor: Professions of undying love are all good and well. But at some point, she wants to see a ring.
Financing delays Silicor as deadlines approach
The beginning of September will mark one year since a California-based solar silicon manufacturer chose Lowndes County for its sprawling new facilities. But after pushing the start date back several times, the company may soon be faced with having to request an extension or risk losing the hefty incentive package that state and local officials worked so hard to craft.