Tagged: john correnti

$1.1 Billion Big River Steel Project Making Progress

by Jan Cottingham 2/24/2014 12:00 am

A year after the highly publicized announcement that a $1.1 billion steel mill was coming to Mississippi County, economic development officials say the project is moving forward despite a rival's objections.

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.

Nucor Objection Delays Big River Steel Construction

by Arkansas Business Staff 11/4/2013 09:50 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.

Big River Steel Mill Lining Up Customers

by Chuck Bartels, The Associated Press 9/22/2013 05:16 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.

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.

Big River Steel Bills Ready for Next Step in Legislature

by Lance Turner 3/12/2013 11:40 am

Arkansas legislators by Monday had filed at least 10 bills dealing with state incentives for the $1.1 billion Big River Steel manufacturing plant proposed for a site near Osceola (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.

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 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.

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.

Video: Watch the Big River Steel News Conference

by Trent Ogle 1/29/2013 01:17 pm

Complete video of the news conference announcing 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.

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.