(Missourinet) Republican Governor Eric Greitens has signed into law a bill that gives electric rate discounts to industrial companies using large amounts of energy. The governor called the state legislature in for a special session last month to lower electric rates for a steel mill and aluminum plant that want to open in southeast Missouri. The legislation passed and signed into law expands to also give future Missouri high-intensity industrial companies discounted energy rates.
Greitens has announced the signing of the bill today via a Facebook video:
“Now, we’re going to be able to bring a steel mill and hundreds of quality jobs to the state of Missouri. So proud of the work that so many of you did all over the state of Missouri to make this happen,” says Greitens.
Supporters of the measure say it could bring about 600 high-paying jobs to Missouri’s impoverished bootheel region. According to Rep. Don Rone, R-Portageville, the average salary for aluminum plant workers would reportedly be about $95,000. Managers would earn about $125,000. Salaries for the steel mill are unknown.
Opponents of the proposal say giving lower electric rates to the few will hurt many of Missouri’s electric ratepayers. They also contend that it’s bad public policy to include lower electric rates as part of an economic development package and there’s no guarantee that the businesses will open in Missouri.
Meanwhile, Greitens met with President Donald Trump and other governors in the White House Thursday to discuss workforce development and job creation. More about that from The Associated Press:
Missouri Republican Gov. Eric Greitens is among governors meeting with President Donald Trump.
Greitens’ spokesman Parker Briden said Thursday Greitens will be in Washington, D.C. He and seven other governors are meeting with Trump to discuss workforce development as part of the president’s weeklong focus on the issue.
The visit is the fifth Greitens has made to the nation’s capital since January.
Greitens in March visited Washington, D.C. to meet with federal officials, including Trump and Department of Agriculture Secretary Sonny Perdue.
Vice President Mike Pence in February visited Greitens in Missouri to talk about job growth in St. Louis. Pence and Greitens also helped clean up a Jewish cemetery in suburban St. Louis after it was vandalized.