Next Step Is Signatures For Arkansas Steel Plant
The $1.1 billion Big River Steel mill that's planned for Osceola could be under construction later this year, but a number of things have to happen before dirt can be turned for the superproject.
The plant is awaiting rulings from two state regulators and it still must get signatures from financial backers and state officials before work can start.
The Arkansas Public Service Commission is expected to rule by May 20 on a permit for two power lines that will go to the plant. The Arkansas Department of Environmental Quality is reviewing the company's application for an air quality permit.
Arkansas Economic Development Director Grant Tennille says there are no evident hitches and that he expects construction to go forward. The plant is projected pay $75,000 annually to 550 employees.