SupplyPike, a start-up company that offers a digital Supply Chain Management platform for Consumer Packaged Goods, plans to locate in Fayetteville, Arkansas. The project is expected to create nearly 180 new jobs within the next five years.
According to state officials, before the start-up phase, the company served as the research and development wing within CaseStack, a private equity-backed, cloud-based logistics company founded in 1999 by CEO Dan Sanker and operating in Fayetteville. CaseStack also has offices in Santa Monica, California, which was a contender for the new SupplyPike location.
“Transportation and logistics are a huge part of the state’s diverse economy,” said AEDC Executive Director Mike Preston. “Tech jobs offer higher wages and more challenging work for a diverse group within our talented labor force. Marry the two together, and that’s exactly the sort of enterprise AEDC is looking to support and help grow.”
“SupplyPike is incredibly excited to be partnering with the Arkansas Economic Development Commission to create new jobs in Arkansas,” said President Greg Kessman. “As the state’s economy continues to grow, attracting and retaining top talent in the region starts with providing diverse and unique job opportunities. We’re thrilled to assist in growing a rich tech community that highlights everything Arkansas has to offer.”
“We welcome SupplyPike to our growing tech hub here in Fayetteville,” said Chamber of Commerce President & CEO Steve Clark. “With our community resources, SupplyPike will have a terrific opportunity to make its mark here in the global knowledge-based economy.”