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Editorial June 14, 2007
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2% will be OK

A recent report by an Auburn University Montgomery professor as to the impact of the new ThyssenKrupp steel mill on southwest Alabama caused a stir with the prediction that Clarke and Washington counties and other area rural counties will each see less than a 2 percent impact from the project.

Two percent seems like a pittance but when you remember that this is a $3.7 billion project, 2 percent isn't a bad take, not bad at all.

Two percent of $3.7 billion is $74 million. That's a pretty good impact for a plant that will be 35 miles south of Jackson.

Many are saying this venture will be much more, perhaps as high as $10 billion.

Two percent of $10 billion is $200 million, or approaching the amount being spent on the new Louisiana-Pacific OSB mill south of Thomasville.

We think Clarke will realize 2 percent and a lot more from ThyssenKrupp.
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