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Car Company’s Big Plans Haven’t Materialized

By Holbrook Mohr and Mitch Weiss

File-In this July 6, 2012, file photograph, then GreenTech Automotive executive Terry McAuliffe, second from left, jokes with former President Bill Clinton, center and former Mississippi Gov. Haley Barbour following the unveiling of their new electric MyCar at their manufacturing facility in Horn Lake, Miss. The big plans of eventually hiring a workforce of 25,000 people and eventually producing 1 million cars a year have been scaled back to a smaller facility to make 30,000 electric vehicles a year. (AP Photo/Rogelio V. Solis, File)


EDITOR’S NOTE: This is a follow-up to the article “GreenTech Marks Start Of Output With Clinton Visit” that appeared in the August 2012 issue of The Chief Engineer.

TUNICA, Miss. (AP) – Four years ago, a startup car company announced with great fanfare big plans for the Mississippi Delta: Using money from foreign investors and other sources, it would build a massive auto plant to churn out a new line of energy-efficient cars and bring thousands of jobs to the area.

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Posted by FanningCommunications on Sep 3rd, 2013 and filed under News. You can follow any responses to this entry through the RSS 2.0. You can leave a response by filling following comment form or trackback to this entry from your site

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