KUAR | By George Jared/ Talk Business & Politics
When Big River Steel first started operations in 2014 near Osceola in Mississippi County, it was one of the largest industrial projects ever in the state of Arkansas. BRS, now owned by U.S. Steel, is about to get a companion steel mill and it will rival the first plant in terms of money spent and jobs created.
U.S. Steel Corp. announced Tuesday it would locate a new $3 billion steel factory in Osceola, a move expected to create 900 jobs with an average pay over $100,000 annually. It is the largest capital investment project in Arkansas history.
The new optimized steel production facility is expected to feature two electric arc furnaces (EAFs) with 3 million tons per year of advanced steelmaking capability, a state-of-the-art endless casting and rolling line, and advanced finishing capabilities. Upon completion, the project will apply to become LEED certified, the company said.
File Photo/Big River Steel
The Big River Steel mill when it was under construction. Now owned by U.S. Steel, it's about to get a companion mill.