Port of Pascagoula Gets a 24 Million Dollar Loan

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Updated: 11/18/2013 7:51 pm
The money will help build a terminal at the port to unload and ship wood pellets to Europe. Construction of the terminal would finish in early 2016, at the same time of the completion of a wood pellet plant in George County. Port officials appeared before the Jackson County Board of Supervisors today to request the finances for the large project. John McKay, the Jackson County Supervisor of District 5, says, “What we decided to do is fully support the Port of Pascagoula in their effort to borrow 24 million dollars to expand port operations, which will benefit Jackson County, not only in economic development of having so much cargo go through here and out of our port, but a key factor part of this is it will remove 22 railroad crossings in the cities of Moss Point and Pascagoula.” Now that the port will receive the bonds, they will finalize the design of the terminal and go through a three week public notice period.

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