Tagged: big river steel

Clinton Connected With Correnti To Lobby for Big River Steel Plant

by Arkansas Business Staff 7/28/2014 12:00 am

John Correnti, the man behind Big River Steel and this week’s Executive Q&A, thought he was being pranked when former President Bill Clinton called to lobby Correnti to put his $1 billion-plus steel mill in Arkansas.

Big River Steel's John Correnti on Government's Role in Private-Sector Projects? 'Stay Out'

by Arkansas Business Staff 7/28/2014 12:00 am

John Correnti, chairman and CEO of Big River Steel LLC, has more than 40 years of experience in the steel industry. Big River Steel, a $1.3 billion project, is being built in Mississippi County near Osceola. It’s expected to employ more than 525 workers with average yearly compensation of $75,000.

Big River Closes Financing for Steel Mill

by Arkansas Business Staff 7/1/2014 9:09 am

A formal groundbreaking ceremony will be held later this summer. Big River plans to employ more than 500 workers at an average annual salary of $75,000.

Osceola Approves Revenue Bonds for Big River Steel

by Associated Press 5/7/2014 7:34 am

The Osceola City Council has unanimously approved the issuance of $1.5 billion in industrial revenue bonds for the planned Big River Steel mill.

Arkansas Panel Approves Air Permit for Big River Steel

by Associated Press 4/25/2014 3:43 pm

An environmental regulatory panel has issued an air quality permit for a planned $1.2 billion steel mill in northeast Arkansas.

Osceola Sets Meeting on Big River Steel Bonds

by Associated Press 4/23/2014 1:48 pm

The Osceola City Council has scheduled a meeting to discuss issuing $1.5 billion of economic development bonds for the Big River Steel mill.

GOP Gubernatorial Candidates Clash in Debate

by Andrew DeMillo, The Associated Press 4/20/2014 4:46 pm

Republican gubernatorial hopeful Asa Hutchinson called rival Curtis Coleman's vow to resist some deployments of the Arkansas National Guard "inflammatory rhetoric" as the two squared off in a debate on Saturday.

County Judge: Work on Big River Steel Mill to Begin By Mid-June

by Associated Press 3/24/2014 11:12 am

Mississippi County should see construction of a $1.1 billion steel mill begin by early summer now that an administrative law judge has rejected a challenge to the plant's air-quality permit, the county's chief administrative officer says.

Manufacturers Keep Steely Eye on Delta, Says Grant Tennille

by Arkansas Business Staff 2/24/2014 12:00 am

Grant Tennille, head of the Arkansas Economic Development Commission, told your Whispers staff last week that the state is “continuing to have conversations with companies from throughout the world who want to be close to independent sources of steel.”

Unbuilt Steel Mill Biggest 2013 Arkansas Economic News

by Chuck Bartels, The Associated Press 12/30/2013 8:46 am

A $1.1 billion steel mill proposed for northeast Arkansas was the state's biggest economic announcement of 2013, but excitement over the plant was tempered by job losses elsewhere in Arkansas.

Fighting Fairly (Editorial)

by Arkansas Business Editors 11/11/2013 12:00 am

Using the government regulatory process to block a competitor signals an unwillingness to fight on the traditional market battlefields of price, quality and efficiency. We’re sure it’s happened before, but it’s neither good business nor good policy.

Video: The Arkansas Parole System, Economy, Big River Steel & More on 'Arkansas Week'

by Lance Turner 11/9/2013 9:55 am

Video of the latest "Arkansas Week" on AETN, featuring an interview with State Department of Community Correction Director Sheila Sharp.

Nucor Objection Delays Big River Steel Construction

by Arkansas Business Staff 11/4/2013 9:50 am

Nucor Steel is trying to block the opening of a competing $1.1 billion steel mill in northeast Arkansas by objecting to the new company's requests for environmental permits.

Supplier Meeting Set for Big River Steel Mill

by Associated Press 10/22/2013 7:44 am

A meeting is set for companies interested in acting as suppliers to a $1.1 billion steel mill planned for northeast Arkansas. The gathering is to run from 1 p.m. to 4 p.m. Wednesday at Arkansas Northeastern College in Blytheville.

Big River Steel Mill Lining Up Customers

by Chuck Bartels, The Associated Press 9/22/2013 5:16 pm

Financing for a $1.1 billion steel mill planned for northeast Arkansas expects to be wrapped up by the end of the year, but until then backers will be lining up customers and suppliers.

Mississippi County to Receive EPA Help in Anticipation of Big River Steel

by Arkansas Business Staff 6/20/2013 9:08 am

The U.S. Environmental Protection Agency will offer technical assistance to Mississippi County in anticipation of redevelopment opportunities related to the Big River Steel mill project.

Financing, Other Approvals Next for Big River Steel Plant

by Chuck Bartels, The Associated Press 5/13/2013 8:14 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.

Osceola Approves $2M in Incentives for Big River Steel

by Associated Press 4/19/2013 8:17 am

The city of Osceola is the latest governmental body to approve incentives for the planned $1.1 billion Big River Steel mill in northeast Arkansas.

Arkansas Legislature Approves $125M Big River Steel Funding

by Associated Press 4/16/2013 11:30 am

Arkansas is set to provide a new steel company with $125 million in financing and tax breaks to build a mill in the northeast part of the state now that the Legislature has given final approval to the plan.

Nucor Seeks Bond Help for Planned $115M Expansion

by Associated Press 4/15/2013 7:50 am

Nucor-Yamoto Steel is asking Blytheville to enter into an agreement to issue bonds to finance a planned $115 million expansion of the company's steel mill.