Mississippi lawmakers approved $247 million in state incentives for an aluminum plant that officials say will bring 1,000 jobs to the state with an average salary of $93,000.
The $2.5 billion corporate investment by Indiana-based Steel Dynamics Inc. includes two facilities: an aluminum mill and a biocarbon facility.
Steel Dynamics has a steel mill near Columbus, Mississippi, and will be expanding its operations from there.
Bill Cork, chief economic development officer with the Mississippi Development Authority, detailed the project to legislators in a Nov. 2 special session called by Gov. Tate Reeves.
In referencing Senate Bill 2001, which later went unopposed in the vote, Cork discussed the Triple Crown Project fund, which is a fund set up in the state treasury for the purpose of providing grants and loans to finance the facilities….