Teachers kicking in to help start new Arkansas steel mill
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LITTLE ROCK, Ar., (KNOE 8 News) - Trustees for the Ark. Teacher Retirement System have agreed to invest in the planned $1 billion Big River Steel LLC mill in Osceola.
Trustees briefly discussed the project in their Monday meeting before approving the investment on a voice vote.
System Director George Hopkins told members the investment doesn't rely on a middleman who would claim a portion of profits. Member Danny Knight said the board regularly helps finance projects outside of Arkansas and that it should be eager to back an in-state endeavor.
Hopkins says a due diligence study the panel used was made through a contract made by the Arkansas Economic Development Commission, which is exempt from the state public records law.
Friday, May 17 2013 12:09 PM EDT2013-05-17 16:09:18 GMT
FARMERVILLE, La. (KNOE 8 News) - The family of a Farmerville teen who died at football practice last week says it is overwhelmed by the community's gratitude.
FARMERVILLE, La. (KNOE 8 News) - The family of a Farmerville teen who died at football practice last week says it is overwhelmed by the community's gratitude.
Tuesday, May 7 2013 7:51 PM EDT2013-05-07 23:51:36 GMT
BASTROP, La. (KNOE 8 News) - Walking the stage to get your diploma signals the end of a journey. Our Nolan Crane shows us one high school senior whose walking is just the beginning.
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