Friday, February 1, 2013
Business / Corporate welfare More Mississippi press on Big River Steel
Posted by Max Brantley on Fri, Feb 1, 2013 at 10:56 AM
Sour grapes or important cautionary words?
Judge for yourself. The Mississippi Business Journal reports on the Big River Steel proposal for Arkansas, which Mississippi had also sought. It raises questions about developer John Correnti's track record and, maybe more important, about the steel market generally. It includes strong defense from the Arkansas economic development corner.
It is, to me at least, undeniably healthy to have a full debate on state investment of $125 million-plus in a private enterprise that will compete with existing, less-subsidized businesses.
Speaking of Big River Steel, corporate Welfare
-
Now come the tax cuts and handouts
April 16, 2013With House approval of the Medicaid expansion, other pieces are beginning to fall in place. /more/
-
Nucor-Yamato seeks $115 million local bond issue
April 14, 2013The Blytheville Courier News reports that Nucor-Yamato Steel is planning a $115 million expansion to produce a new type of steel product. /more/
-
UPDATE: House approves bonds for Big River Steel mill
April 8, 2013The House today overwhelmingly approved, 78-18, legislation to issue state bonds for the startup Big River Steel mill proposed for Mississippi County. /more/
-
Legislature today: Steel bill, Obamacare keep rolling
April 3, 2013On the legislative front: * BIG RIVER STEEL: The enabling legislation for state incentives to build a steel mill in Mississippi County won approval in a House committee today. /more/
-
Prospects good for steel mill subsidies
March 29, 2013Sounds like this turkey is cooked. Direct support by House Speaker Davy Carter and slightly qualified support by Senate President Michael Lamoureux would make it appear Gov. Mike Beebe is going to get his big state subsidy to help a startup steel mill operation in Mississippi County, despite stout opposition from an existing competitor that cranked up here without such millions in taxpayer help. /more/
-
Legislature today — gay rights, environment, football and steel
March 27, 2013From the Capitol today: * BIG RIVER STEEL: Roby Brock at Talk Business reports that details have now been added to the bill to provide $75 million in grants and $50 million in loans to the startup Big River Steel project in Mississippi County. /more/
-
The legislature rolls on
March 25, 2013I hope to check in later as joint House-Senate committees discuss the increasingly controversial plan to provide state subsidies for a new steel mill in Mississippi County. /more/
-
The Max is Back, But Depleted Edition
March 22, 2013The private option, tax cuts, school choice, voter ID, Big River Steel, the political impact of a Republican majority in the legislature, the governor's race, the tech park and delay tactics in the Lake Maumelle watershed — all covered this week. /more/
-
Corporate welfare: Let's review all as carefully as steel mill
March 22, 2013The careful review of a major taxpayer investment in the proposed Big River steel mill is nothing but a good thing and there's no debate we can thank the new Republican legislative majority for the oversight. /more/
-
Nucor steps up opposition to steel mill subsidies UPDATE
March 21, 2013Nucor, the big steel producer with a mill in Mississippi County, is increasing its attack on the state proposal to give tens of millions in subsidies to a startup competitor run by a former Nucor executive. /more/
- More »
Comments (4)
Showing 1-4 of 4
More by Max Brantley
-
Question raised on oil in Lake Conway
The Sierra Club has distributed a news release that says new information indicates oil of the type spilled in the ExxonMobil pipeline break in Mayflower has been found in Lake Conway.
- Apr 22, 2013
-
And then there's the Final Four for inequality, including Sen. Mark Pryor
Two more U.S. senators from conservative states — Indiana and North Dakota — have joined the Senate majority in favor of marriage equality.
- Apr 5, 2013
- More »
Event Calendar
-
Re: Viva la open line
I have one truly radical position: We should annex everything from Mexico to Panama -…
- on May 25, 2013
-
Re: Viva la open line
outie, when I started my garden at this place 30 years ago, I first used…
- on May 25, 2013
-
Re: Viva la open line
Send um all home. No one in the US unless you have a terminal degree…
- on May 25, 2013
Top Commenters
Blogroll
Slideshows
-
May 16, 2013
Site Index
News
Cover Story / Arkansas Reporter / The Week That Was / Smart Talk / The Insider / The Observer / Editorial / Max Brantley / Ernest Dumas / Gene Lyons / Bob Lancaster / Words / Guest Writer / Letters
Entertainment
A&E Feature / To-Do List / In Brief / Movie Reviews / Music Reviews / Theater Reviews / A&E News / Art Notes / Graham Gordy / Books / Media / Dining Reviews / Dining Guide / What's Cookin' / Calendar / The Televisionist / Movie Listings / Gallery Listings
This Week's Cover
Quick Links
Special Publications
RSS
Facebook
Twitter
