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Tuesday, March 20, 2012

25 new jobs for Russellville

Posted By on Tue, Mar 20, 2012 at 2:37 PM

Arkansas Nuclear One concrete producer Precision Surveillance Corp., a Chicago-based company, plans to hire 25 people to work in a 40,000-square-foot spec building at Russellville's East End Industrial Park, its president announced today.

The Arkansas Economic Development Commission kicked in a grant of $175,000 toward infrastructure — parking, drainage and fencing. I have a call in to the mayor of Russellville to find out what incentives that city offered the business. In return, company president Paul Smith says it plans to invest $1.5 million in the area.

Update: Mayor Bill Eaton of Russellville said up to $100,000 from the city's economic development fund has been approved to finish out and add on to the building for PSC.

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