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Retiree fund looks at stake in steel mill

Teacher pension system would invest $60 million

Posted: January 31, 2013 at 12:40 a.m.

The Arkansas Teacher Retirement System’s chief executive said Wednesday that he wants the system to invest $60 million in a proposed steel mill project near Osceola and have a 20 percent equity stake in the project.

$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.

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Officials react to superproject announcement

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Front Section, Pages 1 on 01/31/2013

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Former Congresswoman Gabrielle Giffords, who was seriously injured in the mass shooting that killed six people in Tucson, Ariz. two years ago, arrives at a Senate Judiciary Committee hearing, hand-in-hand with her husband, retired astronaut Mark Kelly, to discuss what lawmakers should do to curb gun violence in the wake of last month's shooting rampage at that killed 20 schoolchildren in Newtown, Conn., on Capitol Hill in Washington, Wednesday, Jan. 30, 2013.   (AP Photo/J. Scott Applewhite)

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