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MISSISSIPPIAN The Student Newspaper
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Oxford won Olin Corp. with $25 million bid
FILE PHOTO | The Daily Mississippian
BY HILLARY GOODFELLOW The Daily Mississippian
Olin Corporation may be expanding its branch in Oxford, but the move didn’t come cheap. Sally Stackhouse Williams of the Mississippi Development Authority said the state is providing Lafayette County with $25 million for the construction of a publicly owned building to house Olin’s Oxford operations. These funds are from the Mississippi Industry Incentive Financing Revolving Fund, which was created in spring 2009 by the Legislature.
According to the company their relocation is due to lower operation and labor costs as well as incentives offered by the state of Mississippi. The full details of these incentives have not yet been released. Williams said these should be released soon. “The agreement (Memorandum of Understanding) between the State of Mississippi and the company has not been signed yet, and all details of the agreement are not yet in place,” Williams said. “Once the MOU is signed, we’ll be able to share more specifics regarding the State’s assistance for this project. We anticipate
this will be finalized in the next few weeks.” When Olin Corporation expands in Oxford they will be relocating their Winchester Centerfire Operations, which is currently based in East Alton, Illinois. Olin made the announcement on Nov. 3 that they had intentions to expand in Lafayette County. The corporation notified East Alton unions in August of the possibility of relocation, Valerie Peters Director of Human Resources for Winchester said in a statement.
The Daily Mississippian
The Open World program is being hosted at Ole Miss Nov. 13-21. “They were interested in the University,” said Laura Antonow, program director for the Academic Traveler, New York Internship Experience and Study USA programs on campus. “They were interested in what the University does and health care in the state of Mississippi and beyond the University also at the community level. They’re also really interested in the state, federal, and local collaboration, government collaboration with health care.” The program started in 1999 and allows current and future Eurasian leaders to come to the United States and experience the culture and
work life. The delegates stay with families of the chosen city and go to different places to experience their field in the United States. The program overview states that the objectives of Open World are, “to build mutual understanding between the United States and participating countries (Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, and Ukraine), to create a network of emerging Eurasian leaders dedicated to effecting positive change in their home countries, and to connect these leaders with their American professional colleagues and hosts who are interested in post-visit cooperation and collaboration that will generate concrete results.” Past participants in the
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program include members of parliament, Supreme Court Justices, activists from nongovernmental organizations, senior civil servants and election committee officials. The average age for delegates is 38. Women make up 51 percent of the delegates. This year, the program’s topic is Health care and Social Services, and the delegates are from Russia. “It’s a professional and educational program for the folks who are coming over,” Antonow said. “They’re interested in things beyond what they do professionally. A lot of them are interested in issues regarding insurance. Some are interested in the education of children and university students health care-wise. Some are interested in HIV and STD prevention so there’s See WORLD, PAGE 5
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Oxford reacts to Olin expansion BY MARIDANE HEWES The Daily Mississippian
Olin Corporation announced last Tuesday that it would begin an expansion of operations to Oxford. Over the next five years, the expansion will create 1,000 jobs for the community and provide an extra boost in the local economy. Overall, there has been a lot of excitement among Oxonians for the potential for new jobs. Here is what the people of Oxford and the University had to say about the announcement.
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DON MARTIN Local Resident
“I think it’s great! Who wouldn’t want it? There is no negative to this at all. It will be positive for the real estate, taxes, jobs, and many other things as well.”
See OLIN, PAGE 4
Ole Miss hosts Open World BY AMBER HELSEL
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LIFESTYLES
YOU ARE WHAT YOU EAT
ROB FREEMAN Store Manager of Stash
“I think it’s great to bring industry to Oxford, especially since we lost Whirlpool and Emerson. As much of a decrease the nation’s economy is in, Oxford’s is stagnant. We owe a lot to the University, and there are a lot of local stores that are thriving.” SPORTS
POWE AND REBELS FACE ADVERSITY MARY BISHOP Human Resources Manager
“I think it will be great for the economy, which is making a slow comeback. I know it won’t happen today, but for the future this is definitely a good thing! My husband works for Olin Corporation and the people in charge there care about their employees and treat them well!” See REACTIONS, PAGE 4