Tagged: john correnti

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.

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 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.

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 5:46 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 4:46 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 3:17 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 2:57 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 1:17 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.