Showing posts with label Osceola. Show all posts
Showing posts with label Osceola. Show all posts

Monday, June 16, 2014

Big River Steel Equals Big Opportunities

It hasn’t hit us yet, but in the next three months, a name we haven’t heard much will likely become a household term in eastern Arkansas – Big River Steel. If the company’s financing falls into place as most expect, Big River Steel LLC will become a fixture in, and make a huge economic impact on, our region.

Big River Steel is a $1 billion “mini mill” project that will employ about 2,000 construction workers at the height of the building process and more than 500 permanent workers when it is complete. So what possessed the company to select a site near a Mississippi County town that has a population of around 7,800 on a good day? They settled on Osceola partly because they found affordable property, relatively cheap utilities, and easy access to the Mississippi River. But Osceola is certainly not the only place in the world that can offer those benefits, so that’s only a piece of the story.