LITTLE ROCK, Ark. — Little Rock was chosen by the Faymonville Group, a trailer and heavy transport equipment manufacturer, as the site for its first United States production facility.
After evaluating locations across the country, the Port of Little Rock was selected due to its access to major interstates, railroads, waterways, and a national airport.
“Our low taxes and strong workforce sold Faymonville on Little Rock for their first U.S. facility. With access to road, river, rail, and the ability to get things done quickly, our capital city is proving itself as a manufacturing and logistics hub,” said Governor Sanders. “It was great to meet with the family behind this successful company while I was in London for the Farnborough Airshow this summer and play a role in landing this $100 million investment and 500 good-paying Arkansas jobs.”
Once developed, the project will create 500 jobs for the new 54-acre site, plus 389 indirect jobs in the area and surrounding communities, with an expected $239 million economic impact.
In Phase 1 of the project, the production site will cover 409,000 square feet. At this time, individual components will be manufactured, while preparations for in-house production are underway. Phase 2 will expand it to 624,000 square feet.
The Faymonville Group plans on investing over $100 million to complete the project.
"Our new location offers exciting career opportunities for driven and passionate specialists in steel construction, surface treatment, final assembly, as well as various office roles – all within a company culture that values pragmatism and straightforward communication,” said Lisa Faymonville, HR Manager for Faymonville Group.