Leaders Mull Beef Plant Options

By: Associated Press
By: Associated Press

Mississippi legislative and economic development leaders will huddle next week to discuss how much to get involve in a bank's marketing of the closed beef plant in Yalobusha County.

Community Bank has offered the plant back to the state for the $8 million plus the $35 million on a state-backed loan.

Senate Appropriations Committee chairman Jack Gordon and State Auditor Phil Bryant said it is unlikely the state would be interested in buying the plant.

The plant closed Nov. 17 after three months of operation, leaving 400 people out of work.

Bryant, Attorney General Jim Hood and the FBI are investigating Mississippi Beef Processors and plant president Richard N. Hall, Jr. and his wife.


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