PONTOTOC, Miss. (WCBI) — An old building may get new life and new jobs in Pontotoc.
The city has obtained a $400,000 loan through Three Rivers Planning and Development District to buy the old Wilton building.
The city plans to lease the building for 15 years to a new industry, which will initially employ 35 workers with possibilities for expansion.
A $500,000 state grant will help renovate the plant. Work could begin by next month.