Making Chumps of the People (Editorial)
The actions were enough to get the two fired from the utility but not enough to take them to trial. Now, we’re not lawyers, but apparently in some cases it’s legal to cheat your employer as long as you didn’t mean to. read more >
Big River Steel Mill Lining Up Customers
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. read more >
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State Poised For Second Sustainable Acquisition with Mann on Main Property
A combination of tax credits (New Market and Historic) is providing about $7.3 million in the $19.6 million funding equation to convert the former Blass Department Store into the Mann on Main and redevelop the 310 Main St. annex building. read more >
by George Waldon -
Big River Steel Bills Ready for Next Step in Legislature
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). read more >
by Lance Turner -
Potential Rewards Big for Big River Steel Mill, But Risks Remain
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. read more >
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Notes from Today’s Senate Meeting on Big River Steel
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. read more >
by Lance Turner -
ATRS Votes to Invest $60M in Osceola’s Black River Steel Mill
Arkansas Teacher Retirement System Trustees have agreed to invest in the planned $1 billion Big River Steel LLC mill in Osceola. read more >
by Associated Press -
Arkansas Teachers’ Pension Gets Juiced with Florida Citrus Farm
The Arkansas Teacher Retirement System purchased a 436-acre organic citrus farm in central Florida for $5.8 million. We’re told that produce from this operation supplies juice for Uncle Matt’s Organic of Clermont, Fla. read more >
Arkansas Teacher Retirement System Plans $60M Big River Steel Investment
Arkansas Teacher Retirement System Executive Director George Hopkins says the fund's board is planning to vote Monday on investing $60 million as the project raises startup cash. The investment represents about one-half of 1 percent of the fund's $12.25 billion in assets. read more >
by Associated Press -
George Hopkins on the Arkansas Teacher Retirement System (Exec Q&A)
George Hopkins, executive director of the Arkansas Teacher Retirement System, discusses the systems challenges and goals. read more >
by Jan Cottingham -