Beef plant: An enduring lesson

Beef plant: An enduring lesson

Mississippians this week got a “blast from the past,” as they say, with the news that a legal settlement appeared in the offing over the nearly forgotten Mississippi Beef Processors Inc.

For those who may have forgotten, the beef plant, as it was called, was once a shining idea among state lawmakers for creating a market for cattle growers. It failed, with taxpayers left holding the bag.

As The Clarion-Ledger reported, Jan Schaefer, a spokeswoman for Attorney General Jim Hood, said the state and Georgia’s Facility Group, which was hired to oversee construction of the plant, have reached agreement although a settlement has yet to be submitted to Hinds County Circuit Judge Winston Kidd.

Clarion Ledger
4/13/12