By Jeff Amy/The Associated Press
JACKSON — Mississippi could soon settle its 2007 civil lawsuit against the firms that built the financially disastrous beef plant in the Yalobusha County town of Oakland.
The state lost at least $55 million on construction of the plant, which failed shortly after opening. A frozen-foods firm now operates at the site.
Jan Schaefer, a spokeswoman for Attorney General Jim Hood, says the state and Georgia’s Facility Group, which was hired to oversee construction of the plant, have reached agreement “on all material terms” although a written settlement has yet to be submitted to Hinds County Circuit Judge Winston Kidd.
Schaefer declined to release further details. Phil Abernethy, a lawyer for Facility Group, said Hood is still reviewing the written document, but says it could be filed next week.