John Correnti Says Government Should “Stay Out”

Big River Steel CEO John Correnti says government should “stay out” of private industry. What appeared to be a contradiction after receiving more than $125 million in incentives from the state of Arkansas, Correnti stated in an interview with Arkansas Business that states have to invest in big business in order to stay competitive, but “as far as government is concerned, they should stay out of private industry.”

Correnti, a former president and CEO of Nucor Corporation, told Arkansas Business that he was “disappointed” in Nucor’s vehement opposition to Big River Steel and said that “Nucor has lost its way.”