Friday, January 24, 2014
Big River Steel is one step closer to becoming a reality.
The Arkansas Department of Environmental Quality (ADEQ) lifted the
construction stay on Big River during a meeting in Little Rock early
this morning (Friday).
Osceola Mayor Dickie Kennemore explained this does not mean the air
permit has been approved, but it does mean John Correnti, CEO of Big
River, can begin the preliminary construction phase such as soil tests
etc.
"This is good news for the project," Kennemore said.
An administrative law judge has tentatively scheduled a Feb. 18 hearing on the appeal for the air permit.
Big River Steel, a $1.1 billion project, has promised to create at
least 525 permanent jobs with an average wage of $75,000 in exchange for
$125 million in state financing and other tax breaks. BRS will be built
on the banks of the Mississippi River just south of Osceola.
Redistributed with permission from Sandra Brand. Original article link: http://www.couriernews.net/story/2044962.html
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