Friday, May 11, 2007
Alabama gives away the store, AND Former Beverley Nursing Homes in Play
Here is the "meat and potatoes" of Roby's report.
ALABAMA LANDS SUPER PROJECT STEEL PLANT
German steelmaker ThyssenKrupp AG announced that it will build a $4 billion steel plant in Alabama, a project expected to create 2,800 direct jobs and as many as 38,000 indirect jobs. Louisiana was a finalist for the plant, and at one time, Arkansas had been on a three-state short list.
Alabama economic development officials had offered up to $400 million in incentives to attract the plant to their state, which will be located about 25 miles north of Mobile.
Friday, May 11, 2007 - 2:01:36 PM
BEVERLY BUYER IN ANOTHER BIDDING WAR
San Francisco-based Fillmore Capital Partners, which bought Fort Smith-based Beverly Enterprises and took the nursing home chain private, is in another bidding war with a familiar rival.
The story has potential ramifications for Fort Smith, where Fillmore has kept its health care headquarters. If it were to win the war for Genesis, would it need two corporate headquarters? Ben Boulden with our content partner, the Times-Record in Fort Smith, has more.