A major new employer will be coming to east Arkansas IF the legislature approves start-up funding for the project.
Governor Mike Beebe announced Tuesday that a much talked about super-project involves a steel mill in Osceola.
"It is a $1.1 billion investment. It is 525 direct, immediate jobs with an average salary of $75,000 a piece," Gov. Beebe said to applause in a packed conference room at the Capitol.
About 2,000 temporary construction jobs would also be created as the mill is being built.