Pittsburgh-based steelmaking giant U.S. Steel had an economic impact of $2 billion in Arkansas in 2024, up from about $380 million in 2023, according to a report the company released Tuesday.

The company employs 1,712 people in Arkansas, primarily at it’s Big River Steel facility, with more to come after the company announced plans last week for a new facility at its Big River site in Osceola.

U.S. Steel’s Arkansas economic impact study follows a report released last week touting a $2.5 billion economic impact in Minnesota. The company’s Chief Executive Officer David Burritt is scheduled to speak Tuesday at the Arkansas Chamber of Commerce’s annual meeting in Little Rock.

According to Tuesday’s report, the company supports an additional 3,013 indirect and induced jobs in the Natural Sta

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