Arkansas
$40 million steel processing plant planned for Osceola, developers say
OSCEOLA, Ark. (KATV) — Northeast Arkansas continues to strengthen America’s steel backbone as national leaders in steel production.
Marubeni-Itochu Steel America announced plans to bring a $40 million steel processing plant to Osceola in Mississippi County on Thursday.
Economic developers say not only will the facility help boost the region’s production of high-quality steel, but it will also bring 35 new high paying jobs to the area.
“MISA’s investment is an investment in building America,” said Governor Sanders. “Arkansas is at the center of the American steel boom, and this expansion continues to strengthen an industry that powers everything from our infrastructure to our economy. In Mississippi County, the top steel-producing county in America, that momentum is driven by a skilled workforce and a culture of hard work. We’re proud to have MISA help lead what comes next right here in Arkansas.”
The plant will serve customers from various industries including the automotive industry across the south-central US.