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Steel Mill Touches off Boom In Osceola

By Ted Evanoff, Business Editor of The Commercial Appeal

Posted April 1, 2016 in News

Entergy Economic Development: Steel Mill Touches off Boom In Osceola

Forty miles upriver from Memphis, nearly 2,000 construction workers from far away as Utah and Texas are completing the final stages of a $1.3 billion steel mill that has turned the once faded Arkansas Delta city of Osceola into a boom town.

Home rental rates are rising and sales tax collections have soared in advance of five suppliers bringing in more than 250 jobs to complement the 450 expected at Big River Steel LLC once the mill reaches full output later this year.

Pressing home the notion that this hard-pressed old river town has turned the corner: Big River Steel job fairs have been scheduled in East Arkansas cities in early April, and training classes are ramping up at Arkansas Northeastern College for workers such as welders and forklift drivers.

 

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Key Industries

Metal Fabrication, Primary Metals