Company/Division name | Faymonville |
Parent company | Faymonville 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) reshored | special transport vehicle |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Impact on domestic economy, Infrastructure |