Governor Tate Reeves is calling a special session later this week to finalize a $2.5 billion capital investment in the Golden Triangle.
According to a tweet sent out by Reeves, lawmakers will report to the capitol building in Jackson at 10 a.m. Wednesday to discuss what will be the “biggest economic development project in MS history.”
Mississippi is on 🔥
Biggest economic development project in MS history coming to Golden Triangle:
$2.5 billion capital investment
(Nearly 2X larger than previous CapEx record)
$93,000 average salary
Special session of MS Legislature at 10am Wednesday.
— Governor Tate Reeves (@tatereeves) October 31, 2022
Multiple lawmakers have told SuperTalk Mississippi that they were informed of the decision Monday morning. The special session could be as short as one day.
The economic deal, which includes a flat-rolled aluminum production facility, biocarbon production facilities, and certain other industrial facilities, is set to bring 1,000 new jobs with a $93,000 average salary to the region. At $2.5 billion, it is nearly double the previous largest corporate capital investment in state history.