Mr. Stickler is correct when he states,
“We don’t put $300 million of investment in the ground and remove those assets in a couple of years,” says Stickler.
HE AND HIS HOPEFUL INVESTORS JUST DO NOT MAKE THE INVESTMENT IN THE 1ST PLACE.
His last “Proposed” Rebar plant (http://www.steeldevelopment.com/home.php) was in Amory, MS…… They committed to “DECADES” in Amory, MS, only to spend about 3 million dollars in grading and to leave when their “Equity Investors” , apparently Chinese, pulled out. Commissioner Dennis and the rest of the Commissioners have jUSt reason to be concerned.
I have spoken to people involved in the Amory MS project as well as Ontario, OH, where good people acted in good faith and listened to the “Stickler Pitch”… This time and in this community, Officials are aware of the previoUS dealings that this group “Proposed” and did NOT deliver on.
It seems as if ALCOA has a big problem on their hands attempting to Introduce Clean-Tech to the Community. It makes you wonder if they conducted their due diligence, or did they?
I stand firmly behind the County Commissioners and it is my hope Governor Perdue and Sec. Crisco are aware of the very questionable ability of Clean-Tech to perform considering that they DID NOT in Armory, MS.
Comment by JohnMullis - September 30, 2011 9:10 PM