October 29, 2003 -- Posted at 11:15pm
OSCEOLA, AR - A new industry coming to Osceola will bring more than 1,000 jobs with it during its first 3 to 5 years of construction, and Mayor Dickie Kennemore hopes once it's built it will energize more companies to build there.
Dickie Kennemore explained, "Their next step is to start securing some customers."
After the facility is online, more than 100 technical vacancies will be filled. The jobs created by the power plant should lower the state's highest unemployment rate and increase spending in Mississippi County.
"Another added benefit that we hope to get, there is a by-product called fly ash, and fly ash is used in concrete. It's also used in sheet rock," added Kennemore. "We hope that there will be other industries that might locate adjacent to this facility that will use that fly ash."
Thousands of dollars will be headed to the city of Osceola and county school systems in lieu of paying taxes. Ground should be broken sometime next year.