Nucor Ads on BIg River Steel (Courier...

Nucor Ads on BIg River Steel (Courier News)

Posted in the Blytheville Forum

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MississippiCount y

Mount Vernon, TX

#1 Mar 21, 2013
Is it just me or is Nucor really acting desperate to be the only ones in this county with these add attacks on new mill?
guest

Blytheville, AR

#2 Mar 21, 2013
The C/N will print anything for a profit, I'm sure the C/N talked Nucor into taking these full page ADs out. Big River will still win.
Nucorized

Mckinney, TX

#3 Mar 22, 2013
Just shows you how low Nucor really is!
MrsD

Ashburn, VA

#4 Mar 22, 2013
guest wrote:
The C/N will print anything for a profit, I'm sure the C/N talked Nucor into taking these full page ADs out. Big River will still win.
I have heard they are in the Jonesboro Sun also.

“Old Dinner Bell”

Since: Mar 13

" Home Sweet Home "

#5 Mar 22, 2013
It seems that Nucor thinks the public has a vote on this. The legislators are adding stipulations to the bill that Big River might not like. i.e., If the company fails, they want a way to recover some of the investment.
latest update

Blytheville, AR

#6 Mar 22, 2013
LITTLE ROCK (AP)-- State economic development officials overestimated the long-term benefits of a proposal to help finance a $1.1 billion steel mill proposed in northeast Arkansas, because they didn't consider uncertainties surrounding the project, according to report released Thursday by a consultant that lawmakers hired.
Legislative officials released the executive summary of a report by IHS Global Insight, a firm hired by the House and Senate to look at the proposed Big River Steel mill in Osceola. Gov. Mike Beebe has asked lawmakers to approve a $125 million financing plan for the mill, which is expected to employ 525 people.
Lawmakers said they expect to receive the consultants' full report today. The three-page summary said that the steel industry can absorb another plant like Big River, but said the facility may not be able to reach its performance goals if another major plant opens.
"IHS asserts that the (Arkansas Economic Development Commission) has, to some extent, overestimated the long-term, net economic benefits of the incentives being considered for the BRS project, primarily because they did not fully consider some of the key assumptions" such as production levels, the firm said.
Of the $125 million in bonds that Beebe wants to issue to help finance the project,$50 million would be a loan to the company while the remaining amount would be paid off by taxpayers. Big River Steel is led by John Correnti, a former Nucor Steel executive who engineered the 2007 launch of a successful $650 million steel mill at Columbus, Miss.
Arkansas Economic Development Director Grant Tennille said he has some questions about the firm's methodologies and conclusions, but said he believed the analysis was fair and confirmed many of his department's findings. Tennille said the proposal includes "claw back" provisions for the state to reclaim money if the mill doesn't meet its performance goals.
"I'm betting on the Big River guys that they've analyzed the market well, that they know how to operate in this market and they've proven to the world very recently that they can do it," Tennille said. "I think they can do it again and if they can't we've put the safeguards in place to allow us to get the state's money back."
But the report could spur opposition to the proposal as lawmakers prepare for a hearing Monday on the plant and the financing plan. House Speaker Davy Carter said he had some questions about the report, but didn't see any major surprises. Senate President Michael Lamoureux said he was reviewing the findings.
House Majority Leader Bruce Westerman, R-Hot Springs, said the findings concerned him.
"I'm certainly not sold on it based on the summary report that we got," Westerman said. "I would have hoped it would have been much better."

“Old Dinner Bell”

Since: Mar 13

" Home Sweet Home "

#7 Mar 22, 2013
guest wrote:
The C/N will print anything for a profit, I'm sure the C/N talked Nucor into taking these full page ADs out. Big River will still win.
You have to give Courier some credit. They were the first to tell us in print on Friday that it snowed Thursday night. FRONT PAGE NEWS at that. Ole Chris is on his toes and didn't have to borrow from another paper.
shocked

Oklahoma City, OK

#8 Mar 22, 2013
Old man- Bville wrote:
<quoted text>You have to give Courier some credit. They were the first to tell us in print on Friday that it snowed Thursday night. FRONT PAGE NEWS at that. Ole Chris is on his toes and didn't have to borrow from another paper.
Now that's some good reporting there something the public didn't know about and needed to be informed on.
guest

Jonesboro, AR

#9 Mar 22, 2013
Full page ad in Jonesboro sun too.
resident

United States

#10 Mar 22, 2013
bussiness is bussiness nucor should not have say just a company. that makes steel. sure a compeitor. grow a set nucor and put ur man panties on u cant have it ur way all the time. i welcome more industery to ur county
Guest

Benton, AR

#11 Mar 22, 2013
resident wrote:
bussiness is bussiness nucor should not have say just a company. that makes steel. sure a compeitor. grow a set nucor and put ur man panties on u cant have it ur way all the time. i welcome more industery to ur county
Learn to spell please!
associate

Little Rock, AR

#12 Mar 22, 2013
Y'all do know there is a freedom of speech act in the constitution that says anyone can say anything they want too i.e. you and Nucor and courier news.
Ted

Oklahoma City, OK

#13 Mar 23, 2013
I don't want MY money spent on this project.
Let them build it in Osceola on their own and spend MY money on things we REALLY need around here. Does nobody else feel this way?
SpecialEd

Dallas, TX

#14 Mar 23, 2013
resident wrote:
bussiness is bussiness nucor should not have say just a company. that makes steel. sure a compeitor. grow a set nucor and put ur man panties on u cant have it ur way all the time. i welcome more industery to ur county
Another Nucor employee!
blah blah

Blytheville, AR

#15 Mar 24, 2013
Blytheville has people that walk around with half their ass showing with their pants down around their knees, and people who CAN work but instead choose to draw money from the government. What good will another steel mill do? If the people could get a job at a steel mill, they would already be at one. There is more than just Nucor as a steel mill in this area, Tenaris is also here. Quit bitching about what this county needs to spend our taxpayer dollars on and get a damn job to begin with and just maybe our county wouldn't be so poor. Put the money towards better schools or improving schools that EDUCATE our community. The kids of this area need education much more than our area needs another steel mill!!
Ranch Hand

Bono, AR

#16 Mar 26, 2013
Ted wrote:
I don't want MY money spent on this project.
Let them build it in Osceola on their own and spend MY money on things we REALLY need around here. Does nobody else feel this way?
What a dumb ass! What do you want YOUR money spent on..something like 'midnight basketball' or another chicken place that takes EBT cards? Don't ya think that a billion dollar industry investment in the county might be something we need? Do you think that jobs that pay $70-100K might be something we don't need? I'm thinking that a small investment of MY tax money to bring more jobs and money into this county might be worth it!
Seriously

Lake City, AR

#17 Mar 26, 2013
IMO there is more than enough money spent on education.
Old Saying,"You can lead a horse to the water but you can not make it drink."
guest

Benton, AR

#19 Mar 26, 2013
I want tour bus service to be started in blytheville with my tax money

Tours should start and end at Bus Station. 1st stop Museum. Next stop RITZ. Then out to golf course and on around for a complete tour of the empty airbase along with all the empty houses and buildings falling down. come right on up airbase highway and tour west side of blytheville. come out on McKaney, take right, drive to interstate observing all the empty buildings. Back up to McKaney, take right, explore south side of town. Over to Ruddle Road, back up to Main, then all the way back down Main and end at bus station.

That should get LOTS of businesses excited about opening a business in Blytheville. Should also get some new folks moving to blytheville
Ted

Oklahoma City, OK

#20 Mar 26, 2013
I want our roads fixed.
$125 million road improvements.
happytalkr

Blytheville, AR

#21 Mar 26, 2013
[QUOTE

Arkansas Economic Development Director Grant Tennille said he has some questions about the firm's methodologies and conclusions, but said he believed the analysis was fair and confirmed many of his department's findings. Tennille said the proposal includes "claw back" provisions for the state to reclaim money if the mill doesn't meet its performance goals.
"I'm betting on the Big River guys that they've analyzed the market well, that they know how to operate in this market and they've proven to the world very recently that they can do it," Tennille said. "I think they can do it again and if they can't we've put the safeguards in place to allow us to get the state's money back."

[/QUOTE]
How long has great river steel been in business???
What is their history??

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