Faymonville Group To Invest $100M In Arkansas

URLhttps://businessfacilities.com/faymonville-group-t
SourceBusiness Facilities
Date Published11/05/2024

Additional Reshoring Information:

Company/Division name The 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
Domestically, the work will be done:In-house
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) reshoredvehicles for heavy load and special transport
What domestic positive factors made reshoring more attractive?Image/brand, Impact on domestic economy, Infrastructure, Proximity to customers/market, Skilled workforce availability/training
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