FiberPro Expands Hot Springs, Arkansas, Production Complex
The company will invest more than $3.1 million while creating 69 new jobs over three years.
“FiberPro’s commitment to individualized solutions for each of our clients has led to outstanding growth for the company,” said FiberPro founder and CEO Josh Krauss. “We are excited to continue the momentum through this expansion, which will benefit both FiberPro and the state by bringing additional manufacturing jobs and opportunities to Hot Springs.”
According to the Arkansas Economic Development Commission, the expansion will allow the company to continue manufacturing woodyard and sawmill equipment while adding a team of forestry product experts focused on consulting, planning, engineering, and manufacturing. FiberPro has stated that one of its goals is to bring as many of these high-paying and skilled positions to Hot Springs as possible.
“FiberPro’s decision to expand in the Natural State is good news for Arkansas,” Governor Asa Hutchinson said. “At its facility in Hot Springs, FiberPro manufactures log buckers, log cranes, and other equipment that help keep the timber industry in Arkansas and around the nation healthy. We are fortunate that a quality company such as FiberPro recognizes the quality of our industry and our workforce.”
Founded in 2019, FiberPro utilizes 3D technology to engineer innovative machinery for sawmills, engineered wood products plants, pulp and paper plants, and biomass energy plants.
“With 19 million acres of forestland covering more than half the acreage in the state, Arkansas’ timber industry is attracting more and more timber companies,” Secretary of Commerce Mike Preston said. “Our thriving timber industry throws the door wide open for companies like FiberPro to offer custom solutions to help these companies succeed.”
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