Story Archives: Board supports bonds LAEL plant
|Board supports bonds LAEL plant|
The City of Vidalia voted Tuesday night at the monthly meeting to issue bonds for the second phase of Louisiana Elastomer's (LAEL) operation.
The $2.8 million in bonds will be used to construct a 36,000 square foot building in the Vidalia Industrial Park -- a $4 million capital investment. The project is expected to create 86 additional jobs by 2012.
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