Sweden-based Gränges Expands Manufacturing Complex in Newport, Arkansas
05/04/2018
The expansion will create an additional 100 full-time jobs over two years, more than quadrupling its current 21 positions.
“This investment builds on our foil strategy as we invest to once again serve our light gauge foil customers and their growth plans. It is great news not only for our future customers but also for the local community in the Newport area,” said Gränges Americas President Patrick Lawlor.
“Gränges is a great example of the momentum we’re seeing in foreign direct investment in Arkansas,” said Governor Asa Hutchinson. “This expansion shows that Gränges has the confidence that the talent here in Arkansas will move the company forward and continue to help them succeed in the global marketplace.”
In 2016, Gränges purchased Noranda Aluminum and acquired the Newport facility along with those in Tennessee and North Carolina. The Swedish company’s Arkansas facility has one of the widest aluminum rolling mills in the United States and utilizes a proprietary coating process.
“We are so excited to work with a corporate partner like Gränges,” said Dean Sides, chairman of the Newport Economic Development Commission. “Their commitment to manufacturing a quality product in a safe work environment makes them a great corporate partner.”
“Gränges’ investment in this facility, one of the longest operating manufacturing plants in Jackson County, is a tremendous boost for our local economy,” said Jon Chadwell, Director of Economic Development for the Newport Economic Development Commission. “We are thrilled to have 100 jobs returning to Jackson County. These jobs pay significantly higher than our average wage and will give local citizens a chance to improve their family income right here at home.”
“We hope this is the beginning of a great partnership with Granges that will bring more investment and more jobs to Newport and Jackson County,” Chadwell added. “We want to thank the Arkansas Economic Development Commission for partnering with us to bring these jobs to Jackson County. The expansion would not have been possible without their hard work and investment.”
Gränges also operates facilities in Huntingdon, Tennessee, and Salisbury, North Carolina. In addition to food packaging, the company manufactures products for HVAC, transformers, and the automobile industry.
Project Announcements
Republic Airways Holdings Plans Tuskegee, Alabama, Training Operations
04/18/2024
South Africa-Based Radel Plans Winston-Salem, North Carolina, Operations
04/18/2024
Firestone Industrial Products Expands Dyersburg, Tennessee, Operations
04/18/2024
Samsung Electronics Expands Taylor, Texas, Chip-Manufacturing Operations
04/18/2024
OMCO Solar Plans Huntsville, Alabama, Production Operations
04/18/2024
Martco-RoyOMartin Upgrades Allen Parish, Louisiana, Operations
04/18/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024