Tagged: big river steel

Health Care Tops To-Do List for Arkansas Legislature

by Andrew DeMillo, The Associated Press 4/15/2013 7:48 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.

Arkansas House Approves Big River Steel Mill Funding

by Associated Press 4/8/2013 1:03 pm

Arkansas House lawmakers on Monday overwhelmingly approved Gov. Mike Beebe's proposal to provide $125 million in state financing for the construction of a new $1.1 billion steel mill outside Osceola.

Legislative Roundup: Big River Steel Project Close to Final Approval

by Mark Carter 4/5/2013 9:05 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.

Update: Arkansas House Committee Approves Big River Steel Mill Plan

by Associated Press 4/3/2013 11:42 am

A House committee has given its approval to a plan that would provide state funding to a new steel mill in northeastern Arkansas.

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.

Davy Carter, Michael Lamoureux Back Big River Steel Plan

by Associated Press 3/29/2013 7:38 am

State House and Senate leaders on Thursday came out in support of a $125 million financing package that's been proposed to help build a steel mill in northeast Arkansas, saying the benefits of the project outweigh any risks to the state.

Mississippi County Court Approves Big River Steel Incentives

by Associated Press 3/28/2013 8:33 am

The Mississippi County Quorum Court has approved $14.5 million in local incentives to bring a $1.1 billion steel mill to the county. The plan approved this week is contingent on the Legislature approving a $125 million financing package for Big River Steel to build the mill near Osceola.

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 7:16 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 4:32 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 5:08 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.

Big River Steel CEO John Correnti Hopes for Fall Groundbreaking

by Associated Press 3/20/2013 9:39 am

The developer behind a planned $1.1 billion steel mill in northeast Arkansas says he hopes to break ground on the project this fall if everything goes as planned. The Legislature, which must approve an incentive package for the deal, is expected to discuss the financing next week.

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

by Lance Turner 3/18/2013 7:27 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 9:44 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.

Mississippi County Panel Approves $14.5M for Big River Steel

by Associated Press 3/6/2013 8:46 am

The Mississippi County Planning and Development Committee has signed off on $14.5 million in funding for the proposed $1.1 billion Big River Steel mill to be built near Osceola.

Legislative Consultant to Vet Big River Steel Project

by Chuck Bartels, The Associated Press 2/24/2013 5:12 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 9:10 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 1:43 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.