UP, UP AND AWAY: Megadeals with companies and the state of Mississippi have become a part of the state’s financial landscape.
By Steve Wilson | Mississippi Watchdog
A big part of Mississippi’s political landscape has been its willingness to use massive government incentives to lure business. Here’s 10 of the state’s most expensive and sometimes most notorious incentive deals over the past 30 years.
For more on targeted incentives, go here.
10. Orek vacuum cleaners
Orek built a vacuum cleaner manufacturing plant in Long Beach in 1997 and received a 10-year deal offering tax incentives. When the plant closed in 2007 and moved to Tennessee, the company cited “the increased cost of