Tagged: nucor corp.

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.