http://www.arktimes.com/ArkansasBlog/archives/2013/01/30/big-steel-mill-through-the-prism Comments On: Big steel mill — how good a deal? by Max Brantley en-us Copyright 2013 Arkansas Times. All rights reserved. This RSS file is offered to individuals, Arkansas Times readers, and non-commercial organizations only. Any commercial websites wishing to use this RSS file, please contact Arkansas Times. robert@arktimes.com (Arkansas Times Webmaster) Tue, 21 May 2013 00:00:01 -0500 Tue, 21 May 2013 21:15:00 -0500 Foundation http://blogs.law.harvard.edu/tech/rss
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Posted by aargeesteel]]> Tue, 19 Feb 2013 05:07:37 -0600 Arkansas Times Nucor's original deal and the updated incentives about 10 years ago keeps them in Miss. County. They got everything they needed to stay there and most likely there will be a new incentive deal for Nucor when the current one expires and there should be. Wonder if the Nucor incentive law (2001?) was changed to accommodate Correnti coming in?
Ya'll need to talk somebody who knows how these incentives really work and what the cost-benefit really is. As far as car/truck manufacturers: Nissan is in Mississippi because they specified "east of the Mississippi River" in their location requirements. Toyota truck manufacturing's in Texas because the Texas truck buyer market there is enormous. Arkansas competes for these projects when it meets the specs for the location.
In the meantime, why not support more start-ups and expansion of what's already in AR?
Like Nucor has been for Mississippi County & AR, the Japanese company that owns Ark Steel in Newport has been a very good corporate partner and friend to Newport and AR.
Posted by Bayou]]> Thu, 31 Jan 2013 07:57:10 -0600 Arkansas Times Posted by Hombre]]> Wed, 30 Jan 2013 23:47:09 -0600 Arkansas Times Posted by Polecat]]> Wed, 30 Jan 2013 23:20:08 -0600 Arkansas Times Posted by plainjim]]> Wed, 30 Jan 2013 21:14:50 -0600 Arkansas Times )
Posted by wannabee conservative]]> Wed, 30 Jan 2013 13:50:50 -0600 Arkansas Times Posted by David Ramsey]]> Wed, 30 Jan 2013 13:14:51 -0600 Arkansas Times Billions for Job Piracy Despite State Budget Cuts
http://middleclasspoliticaleconomist.blogs…
Posted by lastmall]]> Wed, 30 Jan 2013 12:33:18 -0600 Arkansas Times Posted by bugeyedlittlefreak]]> Wed, 30 Jan 2013 12:08:49 -0600 Arkansas Times
Yep, Mis’sippy County is still losing population with fewer and fewer folks finding work on the fahms. And Blythevegas will never recover from the loss of Eaker Air Force Base 20 years ago. The town would be Lepanto-like were it not for the steel plant at nearby Armorel.

There are always doubts/questions (and that’s good) about a project like the proposed Big River plant at Osceola, but I have a pretty good feeling in my bones about it. Hopefully, it’ll make a big difference in the lives of people over there and twenty-years hence will prove to have been a great investment for the state.

That said, I’d hoped for a big auto manufacturing plant. Can’t help being green with envy every time I drive past the huge Nissan plant at Canton, Miss., just nawth of Jackson, where some 5,000 workers are turning out six or seven different models of vehicles every day.

Why can’t WE get into the bidness of making cars and trucks?
Posted by Durango]]> Wed, 30 Jan 2013 11:07:38 -0600 Arkansas Times
180 million spent towards establishing affordable gigabit internet (buried fiber) to every home in the state would be far better than this all risk, no return (except for the rich) idea. 180 million worth of solar panels on south facing rooftops attached to a green grid would be better. There are plenty of urgent things we could do which would create jobs and provide taxpayers with much more certainty of long term dividends.
Posted by Eureka Springs]]> Wed, 30 Jan 2013 10:28:32 -0600 Arkansas Times Posted by David Ramsey]]> Wed, 30 Jan 2013 10:07:58 -0600 Arkansas Times Posted by Eureka Springs]]> Wed, 30 Jan 2013 10:07:31 -0600 Arkansas Times Posted by springdale_liberal]]> Wed, 30 Jan 2013 10:02:57 -0600 Arkansas Times
Much to consider, but the bond method of funding seems to be the exact opposite of how the State should consider conducting this type of business. Why are we the taxpayer expected to pay rich folk interest to take all the risk in hope of just breaking even decades from now? Slap a progressively scaled tax on us in order to raise the money quickly... make it sharp and quick... and buy premium stock which might provide a return instead of bonds which will only cost us.... which might make this sort of thing worthwhile.
Posted by Eureka Springs]]> Wed, 30 Jan 2013 09:32:45 -0600 Arkansas Times Posted by YossarianMinderbinder]]> Wed, 30 Jan 2013 09:26:23 -0600 Arkansas Times
Jrb makes a valid point about Correnti's similar attempts in other states. Has anyone did any checking into what happened with those failed business deals?

I know that Correntii is a known associate of some of the larger Republican wheeler-dealers in El dorado and that, too, gives me pause.

I certainly hope that the General Assembly will do due diligence as it checks this deal out. Right now, though, there is an odor beginning to leak from it.
Posted by Salieri]]> Wed, 30 Jan 2013 09:24:47 -0600 Arkansas Times BTW--I understand that SCOTUS may be looking at some "at large" districts in Alabama. How will that affect our "at large" council seats in Little Rock?
Posted by Verla Sweere]]> Wed, 30 Jan 2013 09:17:37 -0600 Arkansas Times Posted by arkdemocrat]]> Wed, 30 Jan 2013 08:16:25 -0600 Arkansas Times
Seen little to no discussion on this.

I'm hoping for the best but in the back of my mind.................
Posted by jrb]]> Wed, 30 Jan 2013 08:01:19 -0600 Arkansas Times