Tagged: big river steel

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.

Let's Take A Close Look at That Big River Steel Incentive Package - And John Correnti

by Lance Turner 2/1/2013 03:17 pm

In addition to a hard look at the AEDC's incentive package, we'd suggest a hard look at the man at the center of the Big River Steel deal, John Correnti.

Osceola Mayor Calls Big River Steel a 'Godsend'

by Mark Carter 1/29/2013 02:57 pm

The impact of the news Tuesday that a $1 billion steel mill is coming to Osceola in Mississippi County can't be overstated.

Big River Steel Announces $1.1B Mill for Osceola, Will Employ 525

by Mark Carter and Lance Turner 1/29/2013 11:03 am

Big River Steel LLC and Gov. Mike Beebe announce for the company to build a $1.1 billion steel mill in Osceola (Mississippi County) that will directly employ 525 people with annual average compensation of $75,000 a year.