RTW Arkansas Ideal for Multi-Location Business Investments

Two of the most recent investments in Right to Work Arkansas come from Riceland Foods and Canoo. But what’s unique about these two investments is that both will go toward two different locations. For example, Riceland Foods is expanding in both Stuttgart and Jonesboro. Meanwhile, Canoo is adding two different Arkansas locations.

Read on in order to learn more about these incredible business investments!

Riceland Foods:

Riceland Foods is investing $13.2 million in order to expand in Right to Work Stuttgart and Jonesboro, Arkansas, creating 80 new jobs.

“We appreciate the Governor’s assistance in helping us take advantage of the increased demand in the marketplace. […] The majority of these jobs will be in Stuttgart and Jonesboro, Arkansas and will provide a much needed boost to the local economies in those areas of the state. Ultimately, the true beneficiary will be our farmers due to the increased margins we are able to secure.” […]

“As the world’s largest miller and marketer of rice, Riceland Foods has been a significant economic engine not only in Stuttgart, but in the entire state, propelling Arkansas to becoming the top state in rice production. […] As the company celebrates its 100th anniversary this year, it is with great pleasure that we celebrate the expansion of these two plants and the impact the company will have in their communities.”

AREA DEVELOPMENT MAGAZINE

Canoo:

Canoo is adding two new locations in Right to Work Arkansas – Bentonville and Fayetteville! Altogether, these will create 545 new jobs!

“We are proud to partner with the State of Arkansas to develop American-made clean energy vehicles. […] Our investment in these new facilities will accelerate the development of high demand delivery vehicles for customers around the world. We thank Governor Hutchinson and his team for their leadership and vision for the state’s role in the mobility revolution.” […]

“Canoo is an American-made company with a vision for modernizing the future with its electric vehicle technology, and I am pleased that it will be making that vision come to life in Arkansas. […] Northwest Arkansas is one of the fastest-growing regions in the United States and a hub for technology and business development. I am confident that Northwest Arkansas and Canoo are perfect matches for each other. We expect great things from this partnership in the coming years and are happy to welcome Canoo to the Natural State.”

AREA DEVELOPMENT MAGAZINE

To read the previous update on economic development in Right to Work Arkansas, click here.

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