- Associated Press - Thursday, September 11, 2014

JACKSON, Miss. (AP) — GreenTech Automotive has announced it has completed a building in Mississippi’s Tunica County. But it’s unclear how many employees the company has, or if it has sold any electric vehicles so far.

GreenTech says it plans to begin making small electric vehicles in the Tunica Resorts facility before year’s end.

Mississippi officials agreed in 2011 to loan GreenTech $5 million, spend $3 million in federal money to help and grant tax exemptions. The company pledged to invest $60 million and hire 350 employees by 2014’s end or face penalties.

Virginia Gov. Terry McAuliffe’s past involvement with GreenTech was attacked in last year’s election. Federal officials announced they were investigating GreenTech and a related firm over handling of a program granting permanent visas to foreigners who invest at least $500,000.

LOAD COMMENTS ()

 

Click to Read More

Click to Hide