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Landrieu tours Vidalia industrial facilities
U.S. Sen. Mary Landrieu toured the Vidalia Industrial Park and the port -- now referred to as the loading/unloading facility -- before speaking to a luncheon crowd at the Vidalia Conference and Convention Center Thursday.
Landrieu and Vidalia Mayor Hyram Copeland discussed an industrial prospect for the town without identifying the company.
Copeland said last week that he was forced to lay off 14 employees and place four on part-time, while four retired. The layoffs, he said, were due to Riverfront flood losses from 2011 and a revenue shortfall from the Sidney A. Murray Hydroelectric Plant, which is operating at only 20 to 25 percent capacity due the low stage of the Mississippi River. He said flood losses totaled about $1.5 million and anticipated losses in income from the hydroelectric plant will amount to $4 to $6 million.
"I walked into my house last night (Aug. 22) after cutting the grass and my wife (Sandra) was watching a movie called, 'The River,'" Copeland said at the luncheon. "I asked her to turn that off."
The mayor said Landrieu "talked to us about avenues we can take through the Economic Development Administration and Small Business Administration to look for some disaster relief funds."
Landrieu said, "We're looking at a short-term emergency assistance loan that Vidalia can use to borrow money necessary to keep their operations moving forward and pay it back over a period of time."
She also talked with officials about an industrial prospect considering locating in Vidalia. Copeland said city officials signed a confidentiality agreement prohibiting him from revealing the company's identity.
"This company is looking to make a $123 million investment in our area and bring about 68 jobs," Copeland said.For the full story, subscribe to the The Concordia Sentinel's NEW E-Edition! |
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