The Monroe (Louisiana) News Star proclaims, “A deal has been signed that will bring about 1,400 jobs” to an abandoned plant in Ouachita Parish. Whatta deal! But wait—just what company is the area’s economic salvation? It’s a “startup company [which] will assemble new autos in the plant.” The official announcement isn’t until tomorrow, but the deal “known as Project Liberty, involves famed Silicon Valley venture capitalists Ray Lane and John Doerr of Kleiner Perkins Caufield & Byers.” The AP cites Monroe City Council member Arthur Gilmore as saying the plant will build “fuel-efficient vehicles.” Nothing more was given about the company except to say it’s “relatively young” and “has a very unique business model and product.” OK . . . here’s where we have to make the obligatory comparison to Tucker and DeLorean. Oh yeah, and let’s toss in a reference to New Mexico and Tesla’s WhiteStar project. More to come following Gov. Bobby Jindal’s announcement about the deal tomorrow.
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