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Mississippi Near Deal In Suit Over Failed Beef Plant

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.

JACKSON, Miss. (AP) β€” 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.

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