Car Company’s Big Plans Haven’t Materialized
By Holbrook Mohr and Mitch Weiss
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.
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)
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 FanSite
on Sep 3rd, 2013 and filed under News
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