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New industry in Natchez means hope for existing businesses.

Publication: Mississippi Business Journal
Publication Date: 17-FEB-03
Format: Online - approximately 819 words
Delivery: Immediate Online Access
Full Article Title: New industry in Natchez means hope for existing businesses.(Tessenderlo/Davidson Chemicals is bringing about 50 jobs to Natchez, Mississippi)

Article Excerpt
NATCHEZ -- When International Paper (IP) announced Jan. 23 that it would close its 52-year-old Natchez mill by the middle of the year leaving 640 people out of work, people got worried.

Not only did Natchez and Adams County residents and officials worry about the loss of jobs in the area, but also about the impact that it would have on everything from grocery stores to the Illinois Central Railroad. IP constituted about 70% of Illinois Central's business in the area, bringing 50 cars in per day.

"IP's closure affects everybody in a big way," said Wirt Peterson, executive director of the Southwest Mississippi Planning and Development District (SWMPDD).

But with an announcement on Jan. 24 by Gov. Ronnie Musgrove that Tessenderlo/Davidson...

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