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September 23rd, 2014

Groundbreaking held for new Arkansas steel mill

September 23, 2014

OSCEOLA — Officials broke ground Monday on a $1.3 billion steel mill in northeast Arkansas that's being touted as a boon to the economically struggling Delta region and the largest single private investment inArkansas' history.

The ceremony at the Big River Steel site marks the beginning of work for the state's first "superproject" under a 2004 amendment that allows Arkansas to borrow money to help lure major employers. The state has issued $125 million in bonds for the project, which is also receiving millions in other public funds for its construction.

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VIDEO: Saints get 1st win of 2014 season

September 23, 2014

 

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