Retiree fund looks at stake in steel mill

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Retiree fund looks at stake in steel mill

Teacher pension system would invest $60 million

By Michael Wickline

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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Front Section, Pages 1 on 01/31/2013

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Legislative summary

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