博客

LED lighting manufacturer makes unique pitch to come to Mississippi

2014-05-13 17:41
A Mississippi native who has an factory in China wants an unusual incentive in exchange for setting up an additional assembly plant in his home state employing 200 workers to start. Lighting OEM Inc. owner and founder James Scott said he is asking for an incentive that ensures the factory won’t become another “white elephant” for the state. To that end, the Abbeville native said he wants an edge in bidding for the state’s LED (Light Emitting Diode) lighting business. “Instead of them giving me a bunch of money, they give me a 25 percent advantage” in selling to the state and its universities, he said. Scott said he prefers a bid preference of 25 percent but will settle for less. “If they tell us 15 percent, then we’ll probably take 15 percent.” He said he has pitched the Mississippi Development Authority. “Their reaction was that maybe this was a good idea because we don’t want to use another $25 million on a ‘dead horse,’” added Scott, referring to economic development...
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