Faymonville Invests $100M in Little Rock Facility, First in US

URLhttps://armoneyandpolitics.com/faymonville-100m-li
Source
Date Published10/29/2024

Additional Reshoring Information:

Company/Division name Faymonville
Parent companyFaymonville Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):500
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2026
Capital investment ($):100
Country(ies) from which reshored:Luxembourg
City reshored to:Little Rock
State(s) reshored to:AR
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredspecial transport vehicle
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Impact on domestic economy, Infrastructure
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