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Last updated 9:56AM ET
March 6, 2021
Alabama
Alabama
Partnership Hopes to Attract Steel Plant
(2007-04-23)
(APR - Alabama Public Radio ) - A multi-county partnership is discussing how to share the cost of incentives needed to bring the ThyssenKrupp AG steel plant to Alabama.

An announcement is expected next month on whether the German steelmaker will build a nearly three (b) billion dollar steel mill in north Mobile County or southeast Louisiana.

Alabama and Louisiana each submitted final bids for the project in late March, offering packages that could exceed $300 million in cash, in-kind services and other incentives.

A group of 20 elected officials from five counties surrounding the proposed plant site -- Baldwin, Escambia, Mobile and Washington counties in southwest Alabama, and George County in southeast Mississippi -- met April 12th in Mobile to begin discussing how to share the incentives.

No financial figures were disclosed.

(Copyright 2007 by The Associated Press. All Rights Reserved.)
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