Wednesday, November 14, 2012

Twin Creeks gone. What about the $20 million?

Amy McCullough reports in the Bigger Pie Forum the Twin Creeks project in Senatobia is no more:


"Local leaders say the dream of 500 jobs from Twin Creeks Technologies solar manufacturer in Senatobia is dead. The state gave the California-based company more than $20 million for equipment and the construction of an 80,000-square-foot building off Interstate 55 in Senatobia. Twin Creeks still has not sold a product. At its peak the company employed around 15 people in Mississippi.

Twin Creeks has removed information about its Mississippi manufacturing facility from its website, twincreekstechnologies.com.

The city of Senatobia and Tate County say Mississippi Development Authority is marketing the building to other companies. MDA Communications Director Dan Turner would neither confirm nor deny those claims.

Loan documents obtained by Bigger Pie Forum from MDA via the Public Records Act show that the city of Senatobia is on the hook for the money if Twin Creeks fails to make its payments..." Rest of post


Bigger Pie Forum purchased distribution rights from Jackson Jambalaya.

14 comments:

Anonymous said...

So who lobby hard for this project and pushed it through at the capitol?

Anonymous said...

where are we the group that makes oil out of pine trees?

Anonymous said...

When is bigger pie going to pay back the money the state gave them?

Anonymous said...

Where was the "taxpayers watchdog" Tate Reeves when the state approved this boondoggle???

Shadowfax said...

Maybe a fellow named Davis (Phil's boy) had an interest in the project. Then along came Milton.

Anonymous said...

Nice try 9:32

Reeves voted against this MDA boondoggle

Anonymous said...

Maybe they could move a solar powered beef plant into the Twin Creeks facility. Let's go walkin, Mis-sippi.

Regards from DC,

Haley

Anonymous said...

um, I have invented a fuel for cars derived from hummingbird poop...all I need is 30 millions dollars (from you taxpayers)

Anonymous said...

6:30. KiOR is actually on track and starting production.

Anonymous said...
This comment has been removed by a blog administrator.
Kingfish said...

Cheap shots and ad hominem attacks on BPF will not be posted. You want to take issue with the post or article itself, no problem. Frankly, whoever making the comments is looking pretty stupid. Good luck getting them approved by management.

Anonymous said...

As a long time follower, I hope the defense of BPF is not a function of their ad revenue.

KaptKangaroo said...

I've kinda' enjoyed their articles. More eyes on the jackassery in this town/state is OK by me.

Anonymous said...

As a long time follower, I hope the defense of BPF is not a function of their ad revenue.

It is a paid placement. What don't you understand about that? Of course it is a function of their spend with Kingfish. As it should be!


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If you get tired come relax at the Fox News Tent. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both will entitle you to free drinks.Get your tickets now. Since this is an event for trolls, no ID is required, just bring the hate. Bring the family, Trollfest '07 is for EVERYONE!!!

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