Mississippi lawmakers have approved a $482 million incentive package, attracting three companies to invest $1.9 billion in building a battery plant for industrial electric trucks in the state’s northern region.
It is the second-largest capital investment in the state’s history, following approval of a $2.5 billion aluminum mill in November 2022.
The battery plant factory will be a venture involving Accelera by Cummins, Daimler Trucks & Buses, PACCAR, and the Chinese-based firm EVE Energy, which holds a 10 percent ownership stake in the plant, according to Mississippi’s Republican governor Tate Reeves.
Mr. Reeves said that the facility, to be built on 500 acres of the Chickasaw Trails Industrial Park in Marshall County along the Tennessee state line, will create 2,000 jobs with an average salary of $66,000….
