A company that produces steel cord for the tire industry is expanding its manufacturing plant in northwestern Arkansas, a project the company says will add more than 100 new jobs.
Bekaert on Wednesday announced it is expanding its Rogers plant due to growing demand from tire manufacturers around the country. The expansion will add an additional 50 percent production capacity to the plant, which opened in 1989.
Arkansas Gov. Asa Hutchinson, Rogers Mayor Greg Hines and Bekaert Chief Executive Officer Matthew Taylor announced the expansion in Rogers.
The state Economic Development Commission says the company is receiving cash rebates for three years for the new jobs, along with sales and use tax credits for the expansion.
Jonesoboro
A conveyor company is spending $12.5 million to build a new manufacturing facility in northeast Arkansas on a project expected to bring 110 new jobs to the state. FMH Conveyors on Wednesday announced it will expand operations in Jonesboro with a new 195,000 square foot facility.
Gov. Asa Hutchinson joined company and local officials to announce the expansion. State economic development officials say the company is receiving $1 million from an incentive fund controlled by the governor for the project.
The company will also receive a cash rebate for the new jobs and sales tax refunds for building materials, machinery and equipment associated with the expansion.
