Mississippi lawmakers OK incentives for aluminum factory | News

JACKSON, Mississippi (AP) – Mississippi lawmakers met Wednesday in a special session and swiftly approved nearly $ 247 million in incentives for an aluminum plant that could provide 1,000 jobs in the northern part of the state by 2029.

Many legislators voted on the incentives without knowing the company’s name. Republican governor Tate Reeves said the non-disclosure agreement barred him from publicly disclosing the company name, and some House and Senate leaders said they deliberately did not find out about the name because they refused to disclose the information prior to the end of the deal.

During Wednesday’s debate, House Ways and Means chairman Trey Lamar said the company was “an existing employer in the area.”

“Many Mississippi people suffer and die. But neither of these things, while it is a matter of literal life and death, forced the governor to convene a special session, ”Natchez representative Robert Johnson said Wednesday at the Democratic Caucus press conference. – So what prompted him to bring us back? A winning lap publicly presented as an emergency? But this is much more like a campaign event, a political rally, than a public service. “

Mississippi governors often have tight deadlines to push through legislature incentive packages for major economic development projects, and it is not unusual for them to try to keep company names secret until deals are finalized.

The Mississippi Secretary of State’s website shows a company called Aluminum Dynamics LLC registered as of October 26. One of the company’s officers is Richard Poinsatte, who was vice president and treasurer of Steel Dynamics Inc., according to his LinkedIn page. Registration with the Secretary of State indicates that Aluminum Dynamics LLC has the same Fort Wayne, Indiana address as Steel Dynamics Inc., also known as SDI.

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