Incentives sought for steel plant

The Clarion-Ledger

Mississippi lawmakers are drafting a bill that could allow up to $25 million in incentives to a steel company in hopes it will build a $650 million plant in Lowndes County and bring up to 450 jobs to the area.

The company, SteelCorr, would invest about $250 million in construction and between $400 million to $450 million for equipment, said Rep. Jeff Smith, D-Columbus, who sits on the Ways and Means Committee that will take up the bill.

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