COLUMBUS, Miss. (AP) — Lowndes County supervisors have extended the startup date for Silicor Materials to June 30, 2013.
At the same time, the Commercial Dispatch reports (http://bit.ly/XiHSSp) that supervisors voted to require Silicor to put $150,000 in ensure its performance.
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The board of supervisors acted Monday on two recommendations from Joe Max Higgins with Columbus-Lowndes Development Link, a local economic development agency.
Silicor told local officials in November its metal production and purification facility will not meet its Dec. 31 start date.
It was the latest in series of missed deadlines since the company announced in August 2011 its plans to locate in Lowndes County.
At stake for the company is $19 million in financial incentives from Lowndes County. State lawmakers awarded a $75 million incentive package last year.
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Information from: The Commercial Dispatch, http://www.cdispatch.com
