Shandong Ruyi Technology Group Opens Manufacturing Complex In Forrest City, Arkansas
05/12/2017
Headquartered in Shandong Province, China, Ruyi will create up to 800 new jobs at the facility, where Arkansas cotton will be spun into yarn for textile use. This is Ruyi’s first facility to locate in North America.
“Ruyi Group, as the largest textile manufacturer in China, has been expanding globally,” said Chairman Qui. “Our manufacturing facility in Arkansas will become the first milestone of Ruyi’s steps into the United States. We are dedicated to provide the product with cutting edge technology and superior quality.”
The company’s renovations on the former Sanyo building are scheduled to begin in late 2017. The Sanyo facility has been vacant since late 2007 when the company shut down production in Forrest City.
“Ruyi’s decision to locate in Forrest City brings with it up to 800 new jobs along with a significant economic impact on Arkansas’ cotton farmers,” said Governor Hutchinson. “Our business missions to China, along with ongoing work to build relationships with the country’s business leaders, have now resulted in numerous companies from China announcing plans to locate operations in Arkansas. From Sun Paper to Tianyuan Garment Company to Ruyi, we have established the state as a leader in foreign direct investment from Asia.”
Ruyi plans on processing more than 200,000 tons of Arkansas cotton annually at the Forrest City facility. Arkansas is the fifth largest cotton producer among all states, producing more than 840 thousand bales in 2016. Production should begin at Ruyi’s Forrest City facility by mid-2018.
“When looking to expand into North America, world-class international companies continue to choose Arkansas,” said Mike Preston, Executive Director of the Arkansas Economic Development Commission. “The hundreds of jobs to be created by Ruyi will have an economic impact beyond eastern Arkansas into the entire state. Today’s announcement is further proof of Arkansas’ international momentum.”
“This project is tremendously important to Forrest City and St. Francis County not just for the great jobs it brings to our region, but also for the value to the cash crop on which the Arkansas Delta economy has been based for more than 100 years,” said Kay Brockwell, Economic Development Consultant for Forrest City. “Our cotton already goes around the world to clothe people, and now our growers will have the security of a market for their crop right here at home. There is great significance in the fact that the continuing globalization of the Delta will go hand in hand with our rich and proud agricultural history.”
Project Announcements
Fluid Cooling Systems Expands Burton, Michigan, Operations
04/24/2025
Fiserv Plans Overland Park, Kansas, Operations
04/22/2025
Custom Air Handling Solutions Expands Burton, Michigan, Manufacturing Operations
04/22/2025
AgriAmerica Fruit Products Expands Chautauqua County, New York, Operations
04/22/2025
The Hershey Company Expands Dauphin, Pennsylvania, Operations
04/21/2025
Delta Star Expands Lynchburg, Virginia, Manufacturing Operations
04/21/2025
Most Read
-
Run a Job Task Analysis
Q4 2024
-
The Location Economics of Advanced Nuclear
Q1 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
NEW NIMBYism: A Threat to The U.S. Economy
Q4 2024
-
Power, Policy, and Site Selection in 2025
Q1 2025
-
Why Workforce Readiness Can’t Wait
Q1 2025
-
Designing Beyond the Assembly Line
Q1 2025