LOWNDES COUNTY, Miss. (WCBI) — An investment made five years ago combined with months of recent negotiations are paying off in new jobs in Lowndes County.
And it could be just the beginning of another successful round of job announcements for the county.
Delaware-based CalStar is closing a deal on Lowndes County’s 100,000-square-foot spec building across from Stark Aerospace.The company makes environmentally friendly building materials and promises to employ at least 58 people with that number possibly growing to 100.
The county is applying for $6.6 million in state loans and grants to complete the building and an expansion on the 23.4-acre site.
The company will lease the building from the county industrial authority and thjose payments will help repay the loans. The company must produce $5 million in financing by June 7 to continue the deal.
At the Lowndes Development Link’s quaterly luncheon today, Vice President Brenda Latham said the county is close to landing an auto parts manufacturer that could eventually employ as many as 600 people.
And finally, she said Link CEO Joe Higgins couldn’t attend the meeting because he is working on what she described as a “major” deal, but she couldn’t release any further details.