BURNSVILLE, Miss. (WTVA) — A new silicon metal production facility has selected Burnsville for the site of a new plant.
Tuesday morning, Governor Phil Bryant announced Mississippi Silicon will locate the facility in Tishomingo County.
The company is expected to invest $200 million in the project and create 200 jobs.
Mississippi Silicon officials say they will produce silicon metal at the plant for a broad range of products in the U. S. including the aluminum, automotive and chemical industries.
Bryant says the plant is expected to be one of the most efficient and cost competitive facilites of its type in the world.
The new company is a partnership with Rima Holdings USA and Clean Tech.
This is not the first time plans by Mississippi Silicon have been announced.
In 2011, state lawmakers met in a special session and passed funding for the project to be located in Lowndes County.
At that time, the funding was contingent on the company beginning operations within a year and included the construction of a silicon purification system.
When the deadline passed, Lowndes County officials and the Columbus/Golden Triangle Development Link offered to extend the deadline for six months if Mississippi Silicon put up $150,000.
Link Director Joe Max Higgins tells WTVA.com the company did not agree to pay the money and county officials wished them good luck in their future projects.
Higgins says Mississippi Development Authority officials did make sure Mississippi Silicon repaid the money Lowndes County had put into the project.
He says he does think the silicon metal plant will be a good thing for Tishomingo County and was excited to hear they are getting the project.
An MDA spokesperson says the company has now has decided to break the project into two seperate operations.
The Burnsville plant will make silicon metal, while details about the second project and its location cannot be released at this time.
She says Mississippi will provide Mississippi Silicon a $15 million loan and a $5.525 million grant for construction of the facility which is being built at Yellow Creek.
She says the state will also provide a $1 million grant for job training.
Tishomingo County will also receive a $3.5 million loan for infrastructure work on the project.
No date for the beginning of construction or the state of operations has been announced.