LITTLE ROCK, Ark. (AP) - Arkansas lawmakers have 18 working days to get information they want about a $1.1 billion steel plant proposed for Osceola that they're being asked to borrow $125 million to help finance.
Republican House Speaker Davy Carter says tens of thousands of dollars are expected to be spent on a consultant to analyze the Big River Steel proposal. GOP Senate President Pro Tem Michael Lamoureux said Friday that a consultant has not been chosen.
Democratic Gov. Mike Beebe and state economic officials support the plan and the Arkansas Teacher Retirement System board has voted to invest $60 million in the project.
Carter says it will be difficult not to support the plan - unless "glaring red flags" appear.
The mill promises 2,000 employees during construction and more than 500 when it's operating.
Thursday, May 23 2013 11:15 PM EDT2013-05-24 03:15:20 GMT
It's a story we've been following for nearly two decades where a toddler beat the odds of living. Thursday was a special night for 18-year-old Chris Graham from Benton and his family: high school graduation. ItMore >>
As Chris made strides across the stage to receive his diploma, he's not only doing it for himself and his family, but also those fighting similar odds.More >>
Thursday, May 23 2013 4:52 PM EDT2013-05-23 20:52:48 GMT
SAN JOSE, Calif. - 18-year-old Eesha Khare's breakthrough could one day make charging a cell phone super fast -- fully charged in 20-30 seconds, fast. More >>
SAN JOSE, Calif. - 18-year-old Eesha Khare's breakthrough could one day make charging a cell phone super fast -- fully charged in 20-30 seconds, fast. More >>
Thursday, May 23 2013 10:38 PM EDT2013-05-24 02:38:35 GMT
Would you be willing to pay a toll to drive in a third lane on Interstate 40 between Little Rock and Memphis? That's the question, the Arkansas State Highway and Transportation Department is asking.More >>
Would you be willing to pay a toll to drive in a third lane on Interstate 40 between Little Rock and Memphis? That's the question, the Arkansas State Highway and Transportation Department is asking.More >>
Friday, May 24 2013 12:13 AM EDT2013-05-24 04:13:39 GMT
LITTLE ROCK (KATV) - It goes without saying that this is the event of the year for many planning to attend. But the same goes for venders who come from near and far to make a huge profit from the fun andMore >>
LITTLE ROCK (KATV) - It goes without saying that this is the event of the year for many planning to attend. But the same goes for venders who come from near and far to make a huge profit from the fun andMore >>
Thursday, May 23 2013 10:54 AM EDT2013-05-23 14:54:05 GMT
Police have made an arrest in the kidnapping and shooting death of a teenager whose body was found in the street near historic Little Rock Central High School.More >>
Police have made an arrest in the kidnapping and shooting death of a teenager whose body was found in the street near historic Little Rock Central High School.More >>
