The Arkansas Economic Development Commission is providing $2 million for a new company to locate in a former wind turbine plant in Jonesboro.
The commission said Thursday that the money will help TrinityRail Maintenance Services Inc. convert the now-closed Nordex USA wind turbine plant for its processes.
According to The Jonesboro Sun, the funding is based on TrinityRail creating up to 350 jobs for the community.
TrinityRail provides industrial products, including railcars, barges, storage containers and other transportation-related goods and services. Construction and renovations on the facility are planned for this fall, with an opening date planned for 2015.
The facility in Jonesboro had remained empty since Nordex USA announced last year that it was ceasing production at the plant.