Memphis Panel Approves Tax Deal to Nucor for Steel Mill - KAIT Jonesboro, AR - Region 8 News, weather, sports

Memphis, TN

Memphis Panel Approves Tax Deal to Nucor for Steel Mill

JULY 28, 2006 - Posted at 7:31 a.m. CDT

 

MEMPHIS, TN - A Memphis-area industrial development panel gave preliminary approval yesterday for a $24.7 million tax deferment to Nucor Corporation.  The panel hopes the company will reopen a $230 million steel mill.

Nucor operates two major plants near Blytheville, in northeast Arkansas.  One of them is in partnership with Japanese steelmaker Yamato.

The Memphis area is competing with at least four other cities for the plant that would employ about 225 workers to mill high-quality carbon and alloy steel for heavy industry.

(Copyright 2006 by The Associated Press.  All Rights Reserved.)

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • Search continues for armed, dangerous suspect

    Search continues for armed, dangerous suspect

    Sunday, June 17 2018 6:51 PM EDT2018-06-17 22:51:15 GMT
    Monday, June 18 2018 2:46 PM EDT2018-06-18 18:46:16 GMT

    Officials in Lawrence County are asking people on the west side of Imboden to keep their doors locked as law enforcement looks for an armed and dangerous suspect who fled from police Sunday afternoon.

    Officials in Lawrence County are asking people on the west side of Imboden to keep their doors locked as law enforcement looks for an armed and dangerous suspect who fled from police Sunday afternoon.

  • Train hits semi-truck loaded with blasting caps

    Train hits semi-truck loaded with blasting caps

    Monday, June 18 2018 10:23 AM EDT2018-06-18 14:23:04 GMT
    Monday, June 18 2018 2:07 PM EDT2018-06-18 18:07:28 GMT
    A train struck a semi-truck carrying blasting caps. (Source: Independence Co. Sheriff's Office)A train struck a semi-truck carrying blasting caps. (Source: Independence Co. Sheriff's Office)

    Independence County emergency crews are on the scene of a train versus semi-truck collision near Batesville.

    Independence County emergency crews are on the scene of a train versus semi-truck collision near Batesville.

  • TRAFFIC ALERT: Dump truck knocks down power lines in Jonesboro

    TRAFFIC ALERT: Dump truck knocks down power lines in Jonesboro

    Monday, June 18 2018 11:50 AM EDT2018-06-18 15:50:51 GMT
    Monday, June 18 2018 2:06 PM EDT2018-06-18 18:06:44 GMT
    The crash occurred at the intersection of Dan Avenue and Hasbrook Road. (Source: Google)The crash occurred at the intersection of Dan Avenue and Hasbrook Road. (Source: Google)

    A dump truck has knocked down several power lines on Dan Avenue in Jonesboro.

    A dump truck has knocked down several power lines on Dan Avenue in Jonesboro.

Powered by Frankly