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Enviva files bankruptcy after getting millions in South Mississippi tax incentives
SUMMARY: Enviva will be the largest producer of solid propellant in the nation. Construction of the plant in Stone County is now on hold as the company has filed for bankruptcy with $2.6 billion in debt. The company received millions in state and local incentives but is restructuring to dig out of its financial hole. Despite the bankruptcy, the company made a $1 million tax payment and created about 100 indirect jobs. The plant in Lucedale continues to produce wood fuel pellets, while other operations in the area are unaffected. Local officials are monitoring developments and their impact on the community. 130 trucks a day deliver wood pellets to the Mississippi Export Railroad, which then goes to the Port of Pascagoula. These operations are not impacted by the bankruptcy.
In financial filings, the company says it’s $2.6 billion in debt. Now, the company is asking for protection from creditors and restructures.
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Local News Video
Mississippi First Lady Elee Reeves takes Hugh Keeton on a tour of Governor's Mansion
SUMMARY: During the last weekend before Christmas, Mississippi’s First Lady Elie Reeves showcased the governor’s mansion’s holiday decorations, themed “Made in Mississippi.” This theme celebrates the state’s economic success, highlighting new businesses and local treasures. Reeves emphasized the importance of sharing this home with all Mississippians and showcased various rooms, each reflecting different aspects of the state, from wildlife to local artists. A stunning gingerbread replica of the mansion was also featured. Additionally, personal touches included the display of the family nativity scene. Reeves expressed joy in sharing the mansion’s beauty during this festive season.
Mississippi First Lady Elee Reeves took our own Hugh Keeton on a tour of the Governor’s Mansion.
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Travelers begin holiday travels on the roads and in the skies
SUMMARY: During the holiday season, 19 million people are expected to travel by air and road. Gulfport-Biloxi International Airport is preparing for a surge in travelers, with numbers set to surpass the past decade’s highest. Kalia Kennedy, traveling from Minnesota to Mississippi to visit family, shares her positive experience at the airport, noting helpful airline staff and smooth travel. Airport staff emphasize kindness and customer service. TSA recommends packing gifts in bags, not wrapping them, to avoid disruptions. Travelers are encouraged to stay cheerful and courteous during their journeys. The holiday travel season is in full swing.
Holiday travels are underway, and the Gulfport-Biloxi International Airport is shaping up to receive an overflow.
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Local News Video
Lights, Planes, and Santa at the Mississippi Aviation Heritage Museum in Gulfport
SUMMARY: The Aviation Heritage Museum is hosting its annual “Lights, Planes, and Santa” event this holiday season. Open from 5 to 8:30 p.m. tonight and tomorrow, visitors can enjoy a winter wonderland of over 500,000 lights illuminating the museum’s airplanes. The event includes family-friendly activities such as fly simulators, Santa Claus, and opportunities to explore planes and Jeeps. The museum hopes to attract young visitors and encourage future attendance at their summer aviation camps. Local art contest winner Kaliyah Brazzle also shared her artwork, showcasing the museum’s mascot airplane.
Trey Tonnessen visits 12/19/2024
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