In 2004, John Correnti, former chief executive officer of Nucor Corp., which has two steel mills near Blytheville, considered putting his $800 million SeverCorr Inc. steel mill near Osceola.

Although Correnti said the plant was “Arkansas’ to lose,” Correnti said the state couldn’t deliver the necessary incentives or an adequate contract for the enormous amounts of electricity a steel mill uses. Correnti eventually decided to place the plant in Columbus, Miss., where it began operation last September.

For more information see today's Arkansas Democrat-Gazette.

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This article was published Saturday, March 8, 2008.

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