Governor: $3 billion steel plant will help Arkansas attract auto manufacturer
U.S. Steel that it will build a $3 billion plant in Osceola will make Mississippi County the nation’s leading steel-producing county.
By Steve Brawner
Talk Business & Politics
The announcement by U.S. Steel that it will build a $3 billion plant in Osceola will make Mississippi County the nation’s leading steel-producing county and sets the stage for Arkansas to attract an elusive auto manufacturing plant, Gov. Asa Hutchinson said Wednesday (Jan. 12).
Speaking to reporters at the Governor’s Mansion, the governor said the plant will be the country’s most advanced steel facility with a goal of zero carbon production by 2050.
It will process recycled steel into the kind of advanced steel used by the auto industry, which increases the state’s chance to attract a long-awaited major car or truck manufacturing plant. Arkansas has been chasing a major auto factory for nearly two decades.
