Tagged: Big River Steel

Financing, Other Approvals Next for Big River Steel Plant

by Chuck Bartels, The Associated Press 5/13/2013 08:14 am

The $1.1 billion Big River Steel mill that's planned for Osceola could be under construction later this year, but a number of things have to happen before dirt can be turned for the superproject.

Health Care Tops To-Do List for Arkansas Legislature

by Andrew DeMillo, The Associated Press 4/15/2013 07:48 am

Arkansas lawmakers face a daunting to-do list as they try to wrap up this year's session by a self-imposed Friday deadline. Here's what's at the top.

Legislative Roundup: Big River Steel Project Close to Final Approval

by Mark Carter 4/5/2013 09:05 am

The Arkansas Senate last week gave its official blessing to the proposed $1.1 billion steel mill that Gov. Mike Beebe and state economic development officials want to see on the banks of the Mississippi River just outside Osceola.

Big River Steel Proposal Gains Traction in Legislature

by Michael Stratford, The Associated Press 4/1/2013 10:14 am

Gov. Mike Beebe's plan to provide $125 million in state financing to help a new company build a steel mill in Mississippi County is gaining bipartisan support among legislators. But some conservatives still object to having the government help fund one of Arkansas' largest economic development projects.

John Anton: Big River Steel a '6' on Scale of Good Investments

by Mark Carter 3/26/2013 10:34 am

Although Big River Steel reviews weren't over the top, consultant John Anton of IHS Global Services did rate the proposed $1.1 billion project a "6, maybe a 7" on a 10-point scale of good investments in a Monday meeting with Arkansas lawmakers.

Consultants, Nucor, Correnti Talk Big River Steel in 5-Hour Session

by Michael Stratford, The Associated Press 3/26/2013 07:16 am

A pair of outside consultants on Monday offered mixed reviews of Gov. Mike Beebe's proposal to provide a company with $125 million in state financing to build a steel mill in the northeast part of the state.

Here's the Regional Economic Models' Report on Arkansas' Big River Steel Project

by Lance Turner 3/22/2013 04:32 pm

The state Bureau of Legislature Research has released the second of two reports examining Arkansas' investment in the proposed $1.1 million Big River Steel plant in Osceola.

Big River Steel Report Says Officials Overestimated Benefits of Osceola Plant

by Andrew DeMillo, The Associated Press 3/21/2013 05:08 pm

Consultants hired by the Arkansas Legislature say economic development officials overestimated the long term benefits of a proposal to finance a proposed $1.1 billion steel mill and didn't consider uncertainties surrounding the project.

Tax Cuts, Voter ID, Big River Steel on 'Arkansas Week'

by Lance Turner 3/18/2013 07:27 am

On "Arkansas Week," those $2 billion worth of looming tax cut bills Republicans are starting to run in the Legislature, more on the non-expansion expansion of Medicaid, voter ID, a bit on Big River Steel and battling budgets in Washington D.C.

Legislative Roundup: Lawmakers Set to Move Ahead With Steel Mill

by Mark Carter 3/15/2013 09:44 am

Arkansas lawmakers this week received reports from two consultants hired by the state to study the economic impact of the proposed $1 billion Big River Steel project in Mississippi County.

Legislative Consultant to Vet Big River Steel Project

by Chuck Bartels, The Associated Press 2/24/2013 05:12 pm

The clock is running as legislators seek information about a $1.1 billion steel plant proposed for Osceola. As of Monday, the House and the Senate have 18 working days to look into whether it would be right for the state to $125 million to help finance the project.

AEDC Submits Big River Steel Package to Carter, Lamoureux

by Mark Carter 2/21/2013 12:54 pm

The Arkansas Economic Development Commission delivered to House and Senate leaders the letter of commitment signed by Big River Steel and the state.

AEDC Aims to Submit Big River Steel Package on Thursday

by Lance Turner and Mark Carter 2/19/2013 09:10 am

The Arkansas Economic Development Commission expects to submit its $125 million incentive package for the Big River Steel mill project to the Arkansas Legislature on Thursday, an AEDC spokesman said on Monday.

Arkansas Black Caucus Concerned About Hiring Plans for Big River Steel

by Michael Stratford, The Associated Press 2/11/2013 01:43 pm

Members of the Arkansas Legislative Black Caucus say they're concerned that the governor's proposal to provide millions of dollars in state funding to help bring a large steel mill to the state doesn't include a requirement that the company hire African-American workers.

Proposed Big River Steel Mill Gives Community ‘Reason to Exist'

by Jan Cottingham 2/11/2013 12:00 am

It took John Correnti and Arkansas economic development officials about a year to put together the deal for a $1.1 billion “mini-mill” to be built near Osceola, a plant that would employ 525 people earning an average yearly compensation of $75,000 apiece.

Potential Rewards Big for Big River Steel Mill, But Risks Remain

by Chuck Bartels, The Associated Press 2/10/2013 05:46 pm

The planned $1.1 billion steel mill in Osceola carries the promise of a long-term economic boost for northeast Arkansas, but investors — including the state — face a number of risks.

Notes From Wednesday's House Meeting on Big River Steel

by Mark Carter 2/7/2013 10:16 am

Wednesday's Arkansas House "committee as a whole" meeting on the proposed Big River Steel project in Mississippi County took on a Groundhog Day vibe.

Notes from Today's Senate Meeting on Big River Steel

by Lance Turner 2/4/2013 04:46 pm

The Arkansas Senate conducted a “committee of the whole” session today to quiz Gov. Mike Beebe, Arkansas Economic Development Commission Executive Director Grant Tennille, and other parties involved in the $1.1 billion Big River Steel deal.

The Economic Recovery: Are You Feeling It? (Editorial)

by Arkansas Business Editors 2/4/2013 12:00 am

The announcement on an eerily warm Tuesday of a shiny new $1.1 billion steel plant to be built at Osceola feels like recovery.

Big River Steel Superproject Alters Arkansas Session Agenda (AP Analysis)

by Andrew DeMillo, The Associated Press 2/3/2013 12:08 pm

A veiled reference to a "superproject" took up only a couple of sentences when Gov. Mike Beebe laid out his legislative agenda for 2013 last month. Now that it's been revealed as a $1.1 billion steel mill, it has altered the agenda for this year's session.