Italy-Based Fiocchi Plans Little Rock, Arkansas, Ammunition Plant
11/16/2022
The new production operation, located on a 281-acre site, will provide much-needed primer supply relief for the broader ammunition manufacturing segment, according to company officials.
"Our focus on Little Rock for this major expansion comes from an ideal alignment of several considerations," said Fiocchi of America President and CEO Anthony Acitelli. "Aside from our strong ties with the state and local governments, Arkansas has a highly experienced and energetic labor force to call upon. Furthermore, streamlined logistics with other plant operations combined with management and supply chain efficiencies make Little Rock a logical choice. We will also benefit from logistical synergies with our ammo manufacturing industry partners."
Fiocchi Munizioni is one of Italy's largest and oldest manufacturers of ammunition. Over the last two years the company has acquired premium shotshell manufacturers Baschieri & Pellagri and Lyalvale Express, plus a division of Grandeur Fasteners.
“For the past eight years, Governor Hutchinson has made firearms and ammunition a priority industry to grow and diversify our state’s economy,” noted Secretary of Commerce Mike Preston. “Governor Hutchinson was the first Arkansas governor to attend the SHOT Show, and he has led an Arkansas delegation to the show every year since then in an effort to actively pursue and welcome premier companies like Fiocchi to Arkansas. For more than a century, Fiocchi has been a leader in its industry, and we have witnessed firsthand their commitment and excellence in business. This expansion will help Fiocchi reach more customers as they continue to strengthen their brand throughout the region, and we are excited to celebrate alongside them today.”
Project Announcements
Finland-Based ADMARES Plans Waycross, Georgia, U.S. Manufacturing Plant
06/01/2023
Toyota Plans Georgetown, Kentucky, Electric Vehicle Operations
06/01/2023
Ranger Design Establishes North Charleston, South Carolina, Operations
05/31/2023
Austrian-Based Kronospan Expands Oxford, Alabama, Operations
05/30/2023
TiiCKER Expands Grand Rapids, Michigan, Operations
05/30/2023
Hanon Systems Establishes Bulloch County, Georgia, Operations
05/26/2023
Most Read
-
Is a Flurry of Fads Shaping Economic Development Policy?
Q2 2023
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
Nearshoring — North America’s Next Factory
Q2 2023
-
Front Line: Water Supply Increasingly Affecting Location Decisions
Q2 2023
-
First Person: Labor Crunch in the Construction Industry
Q2 2023
-
Life Science Conversions in Real Estate
Q2 2023
-
19th Annual Consultants Survey: Clients Challenged by Tight Labor Market, Energy Availability
Q1 2023