Arroweye Relocates-Expands Las Vegas, Nevada, Complex
The company will open a new 76,000 square foot state-of-the art facility in July, ultimately employing close to 300. This expansion includes a consolidation of Arroweye's Louisville, Kentucky, facility into the new Las Vegas location.
"Arroweye continues to help some of the biggest banks and financial service providers in the country rapidly respond to urgent consumer demand for all forms of payment cards," said President and CEO Peter Krauss. "As a Nevada-based company, we're proud to meet this demand and contribute significant new employment opportunities and growth to Clark County and southern Nevada."
All of the equipment and some staff will transition from Louisville, which will be phased down over the next 90 days. Build out of the new facility is expected to take approximately 90 days, and full production will be ramped up by late spring.
"We're thrilled to see Arroweye growing in southern Nevada," said Perry Ursem, Vice President of Business Retention and Expansion for the Las Vegas Global Economic Alliance. "Arroweye's facility will bring competitive-wage jobs to Clark County for years to come, making a significant contribution to our robust manufacturing sector."
Supply Chain Bottlenecks Creating New “Logistical Hotspots”
2020 Top States for Doing Business Showcase Their Pro-Business Environments
2021 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
35th Annual Corporate Survey: Effects of Global Pandemic Reflected in Executives’ Site and Facility Plans
Auto Industry Is Betting on Sustainability
2021 Auto/Aero Site Guide
Latest Trends in the Industrial Real Estate Sector Here to Stay