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Wednesday, April 16, 2014, 8:38 a.m.
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Mayor: Osceola lands another new manufacturer

By The Associated Press

This article was published February 14, 2014 at 12:30 p.m.

OSCEOLA — Officials in Osceola say a new manufacturer will build a $33 million facility and create 75 jobs in the Mississippi County town.

Mayor Dickie Kennemore said Blue Oak Resources will start building its facility next month in Osceola. The company, based in Burlingame, Calif., removes precious metals from electronics that are being recycled.

Kennemore said the new facility will be built on a 30-acre plot near the American Greetings factory in Osceola.

According to The Jonesboro Sun, Blue Oak Resources' board is led by John Correnti. Correnti is also leading the effort for the $1.1 billion Big River Steel mill, also to be built near Osceola.

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