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theparisnews.com

Paris lands new company

More than 300 jobs expected over a five-year period

Posted: Wednesday, July 11, 2012 10:45 am | Updated: 10:50 am, Wed Jul 11, 2012.

The Paris Economic Development Board approved a 24-month, $100,000 loan agreement with a research and development company for commercial production at a Tuesday meeting.

Over five years, the project is expected to bring 312 new jobs and $36.3 million of capital investment to Paris and Lamar County. The company expects to provide 20 jobs in the first 18-24 months, expanding to 100 by the end of the third year, with positions ranging from production level to skilled lab technicians, packaging and distribution positions as well as sales, marketing and technical support.

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