Officials in Osceola say a new manufacturer will build a $33 million facility and create 75 jobs in the Mississippi County town.
Mayor Dickie Kennemore says Blue Oak Resources will start building its facility next month in Osceola. The company, based in Burlingame, Calif., removes precious metals from electronics that are being recycled.
Kennemore says the new facility will be built on a 30-acre plot near the American Greetings factory in Osceola.
According to The Jonesboro Sun, Blue Oak Resources' board is chaired by John Correnti. He is also leading the effort for the $1.1 billion Big River Steel mill, also to be built near Osceola.