The Little Rock Port improvement venture talked about right here yesterday is a brand new facility for Fiocchi, an Italian ammunition producer.
Fiocchi opened a facility in Little Rock on 145th Road in 2020 and that plant now has 4 shifts of employees, Governor Hutchinson stated at a information convention immediately.
The brand new facility on 281 acres within the Little Rock Port Industrial Park will make use of about 125 individuals and characterize a $42 million funding. A lot of the acreage is in wetlands and won’t be developed.
Commerce Secretary Mike Preston credited the governor’s creation of a “pro-firearm tradition” in Arkansas for the enlargement right here. He stated Fiocchi take into account a number of different websites earlier than selecting Arkansas.
The land sale to a third-party purchaser was authorised at a quick assembly of the Little Rock Port Authority board this morning. Members weren’t advised what sort of facility was being deliberate, however acted on Port Director Bryan Day’s suggestion. The Little Rock Metropolis Board will approve the sale at its assembly tonight. Fiocchi officers stated additional expansions have been doable right here.
In addition they touted their “inexperienced” philosophy. This facility will make lead-free primer for ammunition.
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