Stion to Build Solar Panels at $500M Hattiesburg, Mississippi, Facility
01/04/2011
"Together, the state of Mississippi, Forrest County, and the city of Hattiesburg offer a business-friendly location with a strong resource base for manufacturing," said Chet Farris, Stion's president and CEO. "We are pleased to partner with them to help increase domestic production of clean energy, reduce greenhouse gas emissions, and support the local and national economy."
Mississippi is extending $75 million in loans to Stion through the state's Industry Incentive Financing Revolving Fund. The company is also eligible for clean energy tax incentives and work force training incentives. Local incentives have also been offered.
Stion will produce 110-120 megawatt solar panels in 300,000 square feet of an existing facility.
Most Read
-
-
How are Uncertain Times Altering Company Location Strategies?
Q3 2020
-
Infrastructure Investment as an Economic Stimulus Tool
Q3 2020
-
34th Annual Corporate Survey & the 16th Annual Consultants Survey
Q1 2020
-
Site Selection 2020: The Importance of “Regional Depth” with Global Reach
Q3 2020
-
2020 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
Q2 2020
-
2019 Top States for Doing Business: Georgia Ranks #1 Sixth Year in a Row
Q3 2019