NATCHEZ, MS (AP) — A tire recycling company will invest $45 million to set up a 91-employee plant in Natchez.
Delta-Energy Group LLC will set up operations at the site of the former International Paper plant. The Mississippi Development Authority will give the company $600,000 to help rebuild a rail spur.
The company will produce a carbon black product and fuel oils from scrap tires, selling the carbon black to plastics makers and the oil to chemical makers.
It will be the first large-scale plant for Delta-Energy, which is owned by R.J. Lee Group, an industrial laboratory based in Monroeville, Pennsylvania, that developed the technology.
Adams County has said it plans to sell 30 acres and a warehouse to the company. International Paper closed its Natchez mill in 2003, laying off 640 workers.
