Friday, September 23, 2016

Supplement maker expands in Harrison

Posted By on Fri, Sep 23, 2016 at 11:32 AM

click to enlarge POPULAR: A supplement made by Lecheek, which is getting state help to expand in Harrison.
  • POPULAR: A supplement made by Lecheek, which is getting state help to expand in Harrison.
Lecheek Nutrition in Harrison said today it would spend $6.7 million and add 100 jobs over four years with an expansion to its existing plant in Harrison.

The plant makes nutritional supplements. Gov. Asa Hutchinson touted the company's entrepreneurial efforts. A news release said the company's Speed X3 was recognized as the "Pre-Workout of the Year by in 2013."

As is customary, Arkansas and local corporate welfare payments were provided:

* Tax Back: provides sales tax refunds on building materials, taxable machinery and equipment associated with the expansion project

* Advantage Arkansas: Provides an income tax credit based on payroll of new jobs. Credit will equal one percent of payroll.

*  Cash assistance: $315,000 Community Development Block Grant.

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