Subscribe Register Login

Saturday, August 02, 2014, 12:10 a.m.
Top Picks - Arkansas Daily Deal

AEDC preparing to submit steel plant package

By The Associated Press

This article was published February 19, 2013 at 4:18 p.m.

— The Arkansas Economic Development Commission says it is finishing a package of information on the proposed $1.1 billion Big River Steel LLC mill that legislators will be able to use in deciding whether to help fund the project.

Commission spokesman Joe Holmes said staff members are putting the final touches on the package. Legislators plan to hire a consultant to review the proposal.

The project would be the first under a measure that allows the Legislature to approve borrowing to fund a big economic project. Mill backers want the state to borrow $125 million and give $75 million of it to help build the facility.

The developers say the mill will employ more than 500 people and that it will take 2,000 construction workers to build the factory in Osceola.

Comments on: AEDC preparing to submit steel plant package

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

Subscribe Register Login

You must login to make comments.

Displaying 1 - 2 of 2 total comments

HalALouyah says... February 19, 2013 at 7:50 p.m.

This mill will never happen

( | suggest removal )

DontDrinkDatKoolAid says... February 19, 2013 at 8:36 p.m.

Give 75 million .... choke! choke! choke!

( | suggest removal )

  • page
  • 1
Click here to make a comment

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

TOP JOBS

  • Lpns

    Greystone Nursing and Rehab 121 Spring Valley Road, Cabot AR...
    Cabot, AR

  • Bodyshop technician

    bodyshop technicianmust have own handtools, and5 yrs. bodysh...
    LITTLE ROCK, AR

  • Gi lab tech

    TECH needed for GI Lab. FT, M-F, no holidays. Experience pre...
    SHERWOOD, AR

  • Shop person

    sheet metal shop needs exp’d. Shop person able to do lay out...
    PEARCY, AR

  • Marketing director

    marketing directorthe City of Mena Advertising & Promotion C...
    MENA, AR

Search 915 jobs >

Top Picks - Arkansas Daily Deal
Arkansas Online