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Tag Archives: John Correnti

Steel maker John Correnti dies in Chicago at 68

Manufacturing

By JACK WEATHERLY  John Correnti, a pioneer in steel making who left a significant mark on Mississippi, has died at 68, according to published reports. Correnti, who was in Chicago for a meeting of the board for Navistar International Corp., was found  dead in his hotel room Tuesday apparently from natural causes, the reports say. He was lead investor and mastermind ...

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ASA postmortem: industrial recruiting is a constant cycle of death and life

By JACK WEATHERLY  Raising $1.2 billion for an industrial project can be a daunting task, if not a deal killer. For economic developers in Mississippi, American Specialty Alloys’ protracted and secretive efforts in that regard became an issue that ultimately sent the project south to Pineville, La. American Specialty started out last year with a show of force that augured well ...

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Aluminum maker, Golden Triangle developers at odds over $1.2 billion project

By JACK WEATHERLY The Columbus area economic development organization has put the 826-acres it has set aside for American Speciality Alloys back on the market, alleging that the startup that plans a $1.2 billion aluminum plant has not been acting in good faith recently. Joe Max Higgins, chief executive of Golden Triangle Development LINK, said Tuesday that the startup company ...

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Businessman promising $1.1B steel plant in Arkansas fails to deliver Mississippi projects

John D. Correnti, the businessman Arkansas is counting on to deliver “the largest economic development project in the state’s history,” a proposed $1.1-billion steel mill in Mississippi County in Northeast Arkansas, has recently failed to deliver on promises for big projects in Mississippi. Recently, Arkansas Gov. Mike Beebe announced that Correnti’s Big River Steel, LLC, Blytheville, plans to build a ...

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MBJ ANALYSIS: Businessman promising $1.1 billion steel plant in Arkansas has failed to deliver on big projects announced in Mississippi

John D. Correnti, the businessman Arkansas is counting on to deliver “the largest economic development project in the state’s history,” a proposed $1.1 billion steel mill in Mississippi County in northeast Arkansas, has recently failed to deliver on promises for big projects in Mississippi. Tuesday Arkansas Gov. Mike Beebe announced that Correnti’s Big River Steel LLC, Blytheville, plans to build ...

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MBJ ANALYSIS: Businessman promising $1.1 billion steel plant in Arkansas has failed to deliver on big projects announced in Mississippi

By BECKY GILLETTE John D. Correnti, the businessman Arkansas is counting on to deliver “the largest economic development project in the state’s history,” a proposed $1.1 billion steel mill in Mississippi County in northeast Arkansas, has recently failed to deliver on promises for big projects in Mississippi. Tuesday Arkansas Gov. Mike Beebe announced that Correnti’s Big River Steel LLC, Blytheville, ...

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Silicor future uncertain as deadline passes

COLUMBUS — Solar silicon maker Silicor Materials has missed another deadline. The company failed to put up $150,000 in escrow money to show good faith and seal a deal that would have meant hundreds of new jobs to Lowndes County. The Lowndes County Board of Supervisors in December agreed to extend the start date for Silicor to June 30, 2013. ...

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