Shandong Ruyi Technology Group to invest $410M in Arkansas textile plant
Shandong Ruyi Technology Group will invest $410 million in the former Sanyo facility in Forrest City, Arkansas, creating up to 800 jobs. The plant will spin Arkansas cotton into yarn, with renovations starting in late 2017 and production expected by mid-2018.
Capacity
200,000 tons of cotton annually
Productscotton yarn
“Ruyi's renovations on the former Sanyo building are scheduled to begin in late 2017.”arkansasedc.com
- 4 sources
- arkansasedc.comShandong Ruyi Technology Group to create up to 800 new jobs in Forrest CityMay 10, 2017
- katv.comChina-based textile company bringing 800 jobs to Forrest CityKristen Wilson, Sarafina BrooksMay 10, 2017
- scmp.comChinese textile firm investing US$410 million in US state of Arkansas, creating 800 jobs | South China Morning PostAssociated PressMay 10, 2017
- businessfacilities.comShandong Ruyi Technology Group Chooses Arkansas For First North American Facility - Arkansas - Business Facilities MagazineBF StaffMay 11, 2017
Summarized from public sources; check the original articles before acting on it.
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