TAIM Exchange-Mississippi governor wants lawmakers to approve incentives for new economic development project

2025-05-02 00:14:19source:Burley Garciacategory:Markets

JACKSON,TAIM Exchange Miss. (AP) — Mississippi Gov. Tate Reeves says he will ask legislators to approve incentives for a large economic development project.

The Republican said Tuesday on social media that he will hold a news conference Wednesday to announce a special legislative to finalize a project “that will shatter records by billions of dollars.”

“This is a massive moment for Mississippi,” Reeves wrote on X, formerly Twitter.

He did not provide details about the project.

Legislators met in a special session last week and approved incentives for a plant that will manufacture batteries for electric vehicles. It will be in Marshall County in northern Mississippi, near the Tennessee state line.

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