New steel mill in Osceola

New steel mill in Osceola

Posted in the Blytheville Forum

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Duck hunter

United States

#1 Jan 11, 2013
I hear Correnti is announcing a new Steel mill near plum point.
Same place he was gonna build 7-8 years ago, any truth?.
Pedro

Memphis, TN

#2 Jan 11, 2013
Hope so
my gosh

United States

#3 Jan 12, 2013
Chitwood will not have anymore money for ART---County govt is going for broke on this project. Sad thing they are broke and are going to take out a loan to pay Corrent. & million loan and guess who will be paying the most--Blytheville!
my gosh

United States

#4 Jan 12, 2013
7 million dollar loan.
Duck hunter

United States

#5 Jan 12, 2013
I dont think $7M will get this deal, unless the State in it very deep.
Can't believe Nucor would let another mini mill in the County?
guest

Blytheville, AR

#6 Jan 12, 2013
Duck hunter wrote:
I hear Correnti is announcing a new Steel mill near plum point.
Same place he was gonna build 7-8 years ago, any truth?.
who was the one put that one in that the stock dwindled to zero
grunt

United States

#7 Jan 12, 2013
guest wrote:
<quoted text>
who was the one put that one in that the stock dwindled to zero
Same one that Russians run off for using to much money, just like Nucor. Same as before, he dont gots all his money to do the deal, so playing the paper thing. Made a lot of money, but.....
Duck hunter

United States

#8 Jan 12, 2013
He may be all hat and no cattle!!
Lion Heart

Trumann, AR

#9 Jan 12, 2013
Just check out his last three deals and decide for yourself if Correnti can pull it off. Bet he dont return to Mississippi, Ohio, or the Carolinas.
grunt

United States

#10 Jan 12, 2013
Duck hunter wrote:
He may be all hat and no cattle!!
Yea, few of them cowboys in Texas too. Big hats thought.
Duck Hunter

United States

#11 Jan 13, 2013
My transportation buddy over there said he heard Gov. Beebe was going to announce Monday when the Legislature starts.
guest

United States

#12 Jan 13, 2013
Duck Hunter wrote:
My transportation buddy over there said he heard Gov. Beebe was going to announce Monday when the Legislature starts.
State of Arkansas is going to give 100 million ---county is going to give 7 million---all for workers that live out of the area.Leaves you with a warm fuzzy feeling. But Cliff keeps truckin and dumpin. Thanks Carney and Kennemore.$10,000 an acre for the land.
Guest

Little Rock, AR

#13 Jan 13, 2013
Not going to happen. A 107 mil less than half what he needs.
Duck Hunter

United States

#14 Jan 13, 2013
Guest wrote:
Not going to happen. A 107 mil less than half what he needs.
Guy here told me that MS offered $165M and that Koch Brothers were money behind Correnti
guest

United States

#15 Jan 13, 2013
guest wrote:
<quoted text>State of Arkansas is going to give 100 million ---county is going to give 7 million---all for workers that live out of the area.Leaves you with a warm fuzzy feeling. But Cliff keeps truckin and dumpin. Thanks Carney and Kennemore.$10,000 an acre for the land.
$700. million for the whole project.
Guest

Trumann, AR

#16 Jan 13, 2013
Duck Hunter

United States

#17 Jan 13, 2013
Guest wrote:
That is an old story, that mill was built, now owned by the Russians. I am talking about a new steel mill reportedly over $1.3B!

Other than truckers that haul steel and some articles written months ago, no new info?
grunt

United States

#18 Jan 13, 2013
Guest wrote:
Funny, but that news paper is from 2004. Things are slow, but not that slow. He put that one in with the Russians, who ran him off afterwards.
Duck Hunter

United States

#19 Jan 13, 2013
Still cannot believe Nucor will sit by and let Correnti come to Mississippi County grabs tons of cash and then try to hire away some of the Nucor workers.

Guess we will find out tomorrow if my sources are right.
worker

Jackson, MS

#20 Jan 13, 2013
grunt wrote:
<quoted text>
Funny, but that news paper is from 2004. Things are slow, but not that slow. He put that one in with the Russians, who ran him off afterwards.
This one got put in Columbus Ms.Mini mill,output of 200 thousand tons per month avg.

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