The Ouachita Citizen: Story Archives: DOE loan faces opposition



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Story Archives: DOE loan faces opposition

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DOE loan faces opposition

by Scott Rogers - posted Thursday, September 16th, 2010 @ 11:51 am

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Ouachita Parish officials could learn the fate this month of V-Vehicle Co.'s $320 million loan application with the U.S. Department of Energy.

That's according to Sen. Francis Thompson, D-Delhi, who spoke Monday to the Benjamin Tennille Chapter of the Sons of the American Revolution.

Earlier this year, DOE denied a more than $320 million loan V-Vehicle sought to fund efforts to establish an automobile manufacturing operation in Ouachita Parish. V-Vehicle reapplied for the DOE loan in late May.
.....

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