US Steel Corporation Makes Major RTW Arkansas Investment
US Steel Corporation is adding a new location soon in Right to work Osceola, Arkansas. This will serve as a new steel-making plant. In order to make this possible, the company is investing a whopping $3 billion toward the project. And as a result, this will create 900 new jobs. So this is major news for the area’s economy!
From Area Development Magazine:
“With this location selected and shovels ready, we are reshaping the future of steelmaking. […] We had numerous competitive site options, but Osceola offers our customers incomparable advantages.†[…]
“The State of Arkansas, Mississippi County, the City of Osceola, Entergy, BNSF, and other parties have all worked to make this the clear choice for a path to the future without roadblocks. We’re not going to make our stakeholders wait to see progress. We intend to break ground this quarter and get to work as soon as permits are in hand. With its extraordinarily low-cost structure, energy efficient production equipment, and advanced capabilities, this $3 billion project will yield significant benefits to our customers, stockholder, communities, employees, and contribute to a more sustainable world.†[…]
“Mississippi County has become a national leader in steel production, and U. S. Steel’s decision to create ‘the steel mill of the future’ in this community continues to underscore why.â€
AREA DEVELOPMENT MAGAZINE
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