July 24, 2013 10:48:19 AM
A press release issued by the Golden Triangle Development Link Tuesday confirmed the Clay County Economic Development District officially deeded 570 of nearly 1,100 acres it purchased last week was deeded to tire manufacturing company Yokohama, which formalized an agreement with state legislators in April to locate a plant outside West Point.
Yokohama officials recently stated their intention of completing the first phase of the project, which is expected to bring 500 jobs to the Golden Triangle, by October 2015. Link CEO Joe Max Higgins said the company is still on track to break ground this fall.
"There are many tasks that must be completed for the Yokohama project such as water, sewer, road, and rail improvements but the first step in this process was acquiring the site," Higgins stated in the release. "I would like to thank the State of Mississippi and the Mississippi Development Authority for making this portion of the funding possible."
The CCEDD Board of Directors held their first formal meeting July 15 to receive an update on Yokohama's plans and to execute documents related to the purchase of the land at the Prairie Belt Powersite.