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State to get new steel mill

Firm to hire 525, obtain incentives

Posted: January 30, 2013 at 12:56 a.m.

Gov. Mike Beebe, left, in a packed conference room Tuesday morning at the State Capitol during the announcement of the $1.1 billion Big River Steel plant to be built in Osceola. The "superproject" which could begin construction as early as August, will create 525 high paying jobs.

Big River Steel LLC, a company led by steel magnate John Correnti of Blytheville, plans to build a $1.1 billion steel mill near Osceola that will employ 525 people, Gov. Mike Beebe said Tuesday at the state Capitol.

$1.1 billion steel mill announcement highlights

Watch excerpts of Gov. Mike Beebe's announcement that a $1.1 billion steel mill will locate in Mississippi County, creating more than 500 jobs. (By Gavin Lesnick)
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The mayor of Osceola, the Mississippi County judge, House Speaker Davy Carter and Arkansas Economic Development Commission leader Grant Tennille talk about a $1.1 billion steel mill slated to come to Osceola.

Video

Officials react to superproject announcement

Watch the complete news conference announcing a $1.1 billion steel mill in Mississippi County.

Video

Complete superproject announcement

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Front Section, Pages 1 on 01/30/2013

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