Tagged: nucor corp.

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.