Posted: Jun 3, 2013 1:38 PM by Ian Auzenne
Updated: Jun 3, 2013 1:39 PM
The Jeanerette Board of Aldermen will vote tonight in a special meeting on whether to adopt a lease agreement putting a business in the vacant Fruit of the Loom plant. If approved, the agreement would put Cabot Corporation in the facility. The Boston-based Cabot manufactures a variety of products, namely carbon black. If the board of aldermen approves the deal, Cabot would pay the city a $20,000 down payment and $20,000 monthly for ten years. The meeting begins at 6:30 P. M.