Lee County Signs Tax Agreement with Mesabi Metallics for Its Steel Mill

Lee County, Mesabi Metallics agree to terms for steel mill tax incentives

Lee County has agreed to terms on tax incentives for Mesabi Metallics' planned $15 billion steel plant.

Lee County tax incentives for Mesabi Metallics plant approved by supervisors

Lee County supervisors and Mesabi Metallics have agreed to terms for local tax incentives and community benefits related to the planned $15 billion steel plant. The signed tax incentive term sheet and the approved county resolution in support of the project “advances state incentives” and moves the project “closer to fruition” according to a news […]

Lee County officials OK construction, tax breaks for proposed steel plant

Lee County’s Board of Supervisors has passed a resolution supporting construction of the steel plant that an India-based company has proposed in southeast Iowa. That resolution is required for the company to qualify for nearly $1.4 billion in state incentives. The county and Mesabi Metallics have also reached an initial agreement that would cap the […]

Lee County supervisors approve term sheet for proposed steel project

The Lee County Board has approved a term sheet outlining the proposed financial arrangement for proposed steel project.

Lee County, Mesabi Metallics approve tax incentive terms for proposed steel plant

The Lee County Board and Mesabi Metallics brought the nation’s largest steel plant one step closer to fruition on Wednesday.

Lee County signs tax agreement with Mesabi Metallics for its steel mill

Mesabi shared the details of what it has agreed to pay Lee County to build and operate what has been promised to be America's largest steel mill.