Video: Cooper Tire Could Benefit From State Bond Issue
Tupelo and Jackson, Miss. (WCBI) – Mississippi lawmakers approve plans to borrow almost 230 million dollars. Lawmakers passed legislation that would authorize the state to sell new bonds. Eight million dollars of that money would go to secure funding for upgrades at Tupelo’s Cooper Tire Plant.In exchange Cooper would agree to maintain a minimum of 13 hundred jobs in Tupelo for the next decade. The company currently employs 16 hundred workers in Tupelo. Governor Phil Bryant must now sign off on the bill.