Icon (Close Menu)

Logout
Republican House Speaker Davy Carter and Senate President Michael Lamoureux speak to reporters Jan. 7 at the state Capitol.
Government & Politics / Manufacturing

Davy Carter, Michael Lamoureux Back Big River Steel Plan

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. read more >
Government & Politics / Manufacturing

Mississippi County Court Approves Big River Steel Incentives

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. read more >
The summary report on Big River Steel by Regional Economics Models Inc. (REMI), one of two firms hired by the Legislature to vet the project and the state's incentives used to lure it.
Government & Politics / Manufacturing

John Anton: Big River Steel a ‘6’ on Scale of Good Investments

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. read more >
Lawmakers on the Joint Agriculture, Forestry and Economic Development Committee quiz consultants, steel executives and economic developers about the $1.1 billion Big River Steel project in this photo by U.S Rep. Duncan Baird, R-Lowell, posted to Twitter.
Government & Politics / Manufacturing

Consultants, Nucor, Correnti Talk Big River Steel in 5-Hour Session

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. read more >
John Correnti, chairman and CEO of Steel Development Company LLC, a steel mill operational and development company.
Government & Politics / Manufacturing

Big River Steel CEO John Correnti Hopes for Fall Groundbreaking

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. read more >
Government & Politics / Manufacturing

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 >
Government & Politics / Manufacturing

Legislative Consultant to Vet Big River Steel Project

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. read more >
Gov. Mike Beebe and John Correnti at the Jan. 29 news conference announcing plans for a $1.1 billion steel mill in Mississippi County.
Construction / Energy / Government & Politics

Proposed Big River Steel Mill Gives Community ‘Reason to Exist’

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. read more >
John Correnti, chairman and CEO of Steel Development Company LLC, a steel mill operational and development company.
Construction / Education / Government & Politics

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 >
Arkansas Economic Development Commission Executive Director Grant Tennille (top left) meets with the Arkansas Senate on Monday. Senate members questioned Tennille and others on details about the Big River Steel project announced last week.
Banking & Finance / Government & Politics / Investments

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 >
Gov. Mike Beebe and John Correnti at the Jan. 29 news conference announcing plans for a $1.1 billion steel mill in Mississippi County.
Government & Politics / Manufacturing

Big River Steel Superproject Alters Arkansas Session Agenda (AP Analysis)

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. read more >
John Correnti, chairman and CEO of Steel Development Company LLC, a steel mill operational and development company.
Government & Politics / Manufacturing

Let’s Take A Close Look at That Big River Steel Incentive Package – And John Correnti

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. read more >
Government & Politics / Manufacturing

Osceola Mayor Calls Big River Steel a ‘Godsend’

The impact of the news Tuesday that a $1 billion steel mill is coming to Osceola in Mississippi County can't be overstated. read more >
Government & Politics / Manufacturing

Video: Watch the Big River Steel News Conference

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. read more >
Government & Politics / Manufacturing

Big River Steel Announces $1.1B Mill for Osceola, Will Employ 525

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. read more >