A Canadian company said Thursday it had selected a northeast Mississippi site for its first U.S. plant to turn solid waste, wood residues and other feedstock into biofuel.
A spokeswoman for Montreal-based Enerkem Inc. said the company had been in discussions with officials in Pontotoc since early last year. The plant is expected to create up to 450 jobs.
Enerkem has signed a letter of intent with the Three Rivers Regional Solid Waste Management Authority, which owns and operates a regional landfill for the counties of Calhoun, Itawamba, Lafayette, Lee, Monroe, Pontotoc, and Union.
Three Rivers has agreed to supply Enerkem with approximately 189,000 tons or 60 percent of its solid waste annually as feedstock for the plant.
Enerkem has operated a pilot plant in Sherbrooke, Quebec, since 2003. Its first commercial plant was in Westbury, Quebec, and the company will start construction on a third plant in Edmonton, Alberta. The Mississippi plant will be a $250 million project and is expected to produce 20 million gallons of ethanol a year
The project is expected to create 150 long-term direct and indirect jobs and 300 jobs during the construction and startup phase, officials said.
It will be fascinating to see what the governor and his cronies have offered this company as compensation for locating in Mississippi.