Musgrove defends Nissan incentives

By By Ben Alexander/The Meridian Star
Dec. 20, 2000
Responding to indications some state lawmakers feel Nissan is getting too good of a ride with a $295 million incentive package, Gov. Ronnie Musgrove said Tuesday the package was an essential element of the deal.
Reports have surfaced in the last week indicating some legislators felt manipulated when Musgrove pushed the incentive proposal through in a special session he called for the day before the presidential election in November. Lawmakers had little time for analysis and some even privately questioned if Musgrove had been a little too generous in his deal-making.
Musgrove's administration has also been criticized by media outlets for not responding more quickly to requests to disclose details of the state's agreement with Nissan  after it was endorsed by the Legislature. The Associated Press and other media organizations filed requests through the Public Records Act to obtain documents from the Mississippi Development Authority, the state's economic development arm.
An examination of the incentives package shows the state's generosity. Among other items, the state will furnish $5 million in bonds for advertising and marketing, pay for Nissan executives' air fare to and from Jackson, and pay up to $10 million for any damages to the plant caused by shifts in the Yazoo Clay that underlies much of Madison County.
Despite the report, Musgrove said Nissan is a solid investment.
According to Musgrove, the plant's 4,000 jobs are only one of the benefits to the state.
The plant in Madison County is scheduled to start operation in 2003.
The Associated Press contributed to this story.
Ben Alexander is a staff writer for The Meridian Star. E-mail him at balexander@themeridianstar.com.

Franklin County

PHOTOS: NWSCC Phil Campbell campus presents ‘Shrek the Musical’

News

Russellville Main Street welcomes new executive director

News

BTCPA announces final production of season

News

Wynette Grammy finds home at Red Bay Museum

Franklin County

Northwest Shoals receives $1.3M to enhance rural healthcare education

Galleries

PHOTOS: RHS Musical Theatre presents ‘The Wizard of Oz’

Franklin County

Northwest Regional Library announces audiobooks by mail program

Franklin County

Republican primary run-off election for county commission seats takes place April 16

News

Historic Roxy Theatre celebrates 75th Anniversary with upcoming entertainment

Franklin County

PROGRESS 2024: Veteran Spotlight – Mark Dunbar

Franklin County

Franklin County makes seven drug trafficking arrests

Galleries

Why Knot car show cruises into downtown Russellville

News

Get free weather radio at VFDs

Franklin County

PCHS FBLA hosts Little Miss Dream Girl Pageant

Franklin County

PROGRESS 2024: Veteran Spotlight – Johnnie Pounders

Features

Sam Warf: From Tennessee to the White House and beyond

Franklin County

PROGRESS 2024: Veteran Spotlight – Mousey Brown

News

Russellville First Baptist Church receives historical marker

Franklin County

PROGRESS 2024: Meeting a higher standard – Russellville High School JROTC

News

RCS BOE announces new superintendent  

News

Miss Dream Girl Pageant names winners

Franklin County

First Metro Bank hosts FAME Girls’ Ranch donation drive

News

PCHS holds annual Shelby Grissom Memorial Fashion Show

Franklin County

PROGRESS 2024: VFW Post 5184 – ‘No One Does More For Veterans’

x