Tagged: nucor corp.

Big River Steel Asks Judge to Dismiss Lawsuit

by Associated Press 10/10/2014 5:00 pm

Attorneys representing Big River Steel are asking a judge to throw out a federal lawsuit that seeks to stop the construction of a $1.3 billion mill in northeast Arkansas.

Nucor Steel Files Lawsuit Against Big River Steel

by Associated Press 8/12/2014 7:25 am

Nucor Steel has filed a lawsuit in federal court that attempts to block a competitor from opening a mill in Mississippi County.

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.

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.

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.”

$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.

Workers Sent to Hospital After Leak At Nucor Steel in Blytheville

by Associated Press 11/18/2013 8:28 am

Authorities in northeast Arkansas say 18 people were sent to hospitals after a suspected chlorine dioxide leak at a steel mill in Blytheville.

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.

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.

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.

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.

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.