Central Research Plans Lowell, Arkansas, Operations Center
10/02/2019
The company said it plans to combine their Lowell and Springdale operations by moving into a proposed 50,000-square-foot, two-story building that is part of a planned development at the southwest corner of West Monroe Avenue and Interstate 49.
“As CRI continues to experience growth, the timing felt right for us to find a larger, more permanent location for our operations,” said Scott Dillard, CRI President & CEO. “Northwest Arkansas has been a great location for our business. The new space will give us the flexibility to expand current and future business in this area and across the United States.”
The company employs nearly 300 in Northwest Arkansas and has operations in various other locations across the United States, including a Washington, D.C., program office in Annandale, Virginia.
KMK Equity LLC, an entity managed by Dillard, purchased the 30-plus acres with plans for a mix of office, retail and hotel development. David Erstine, with commercial real estate firm CBRE in Fayetteville, Arkansas, assisted KMK Equity with the search for the property and will work to finalize development plans. Construction is expected to begin during the first half of 2020.
Project Announcements
PEAK Precision Manufacturing Plans Bowling Green, Kentucky, Operations
07/26/2024
Italy-Based Sipcam Agro USA Upgrades Wayne County, Mississippi, Operations
07/26/2024
Cleveland-Cliffs Plans Weirton, West Virginia, Operations
07/26/2024
IDEXX Laboratories Plans Wilson, North Carolina, Production Operations
07/26/2024
Germany-Based Ritz Instrument Transformers Plans Waynesboro, Georgia, Operations
07/26/2024
AirJoule Plans Newark-Wilmington, Delaware, Operations
07/26/2024
Most Read
-
19th Annual Area Development Gold and Silver Shovel Awards
Q2 2024
-
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
-
The CHIPS and Science Act will bring jobs back to the United States
Q2 2024
-
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
Q3 2023
-
The Bring Your Own Energy (BYOE) Party Is Starting
Q2 2024
-
Midwest becomes hotspot for semiconductor manufacturing and supply industries
Q2 2024