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Questions surround potential $1.2...

Questions surround potential $1.2 billion aluminum mill in Lowndes County

By: Magnolia Tribune - December 29, 2014

Analysis: Questions linger on potential metal mill

JACKSON — The strange recruitment of a potential $1.2 billion aluminum mill rolls on.

American Specialty Alloys had promised to announce a site and a financing plan by the end of the year. The company sparked a lot of speculation by putting a countdown clock on its website that ended at 7 p.m. December 19. But Chief Marketing Officer George Riel said that the countdown was only to a holiday party that also doubled as a “roll out” event for “staff, partners and customers.”

Riel now says the company plans to publicly name a site in the first three months of 2015. The company hopes to break ground in March and wants its first phase to begin operations by late 2016…

…All these questions may amount to little if Gov. Phil Bryant turns a golden shovel in a Lowndes County field early next year. But for now, the answers are unclear.

Sunherald
12/28/14

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.