Gov. Haley Barbour, R-Miss., has announced that Twin Creeks Technologies, a venture-backed solar technology company, is locating a crystalline silicon solar panel manufacturing facility in Senatobia, Miss.
The production facility will create 512 jobs in two phases over the next five years and represents a company investment of more than $175 million, according to the governor's office. It will be the first solar technology production plant in Mississippi.
San Jose, Calif.-based Twin Creeks was founded in 2008.Â The new Senatobia facility will use the company' s proprietary technology to produce photovoltaic solar panels.
The state of Mississippi provided loan assistance totaling $50 million through the Mississippi Major Economic Impact Authority for this project. In addition, the state and the city of Senatobia will provide $4 million for infrastructure improvements at the site.
SOURCE: Office of Gov. Haley Barbour