Governor announces Chinese garment plant for Little Rock | Arkansas Blog

Thursday, October 20, 2016

Governor announces Chinese garment plant for Little Rock

Posted By on Thu, Oct 20, 2016 at 9:23 AM

click to enlarge SIGNING DEAL: Governor in China. - GOVERNOR'S OFFICE
  • Governor's office
  • SIGNING DEAL: Governor in China.

Gov. Asa Hutchinson
said this morning that a Chinese garment manufacturer plans a $20 million factory in Little Rock that will employ 400 at $14-an-hour wages. 

Hutchinson talked with reporters by phone from a China trade trip. 

He he said the jobs involve robotics, unlike the cut and sew operations of old that have gone to low-wage countries. The Suzhou Tianyuan Garments Company will make Adidas apparel.

The AEDC provided this fact sheet:


Tianyuan's Project Parameters

*Hire 400 full-time permanent employees within 4 years of start of operations

* Invest $20 million for equipment, purchase building, and make capital improvements to the building

* Locate and operate an apparel manufacturing facility in Little Rock, Arkansas

* No specific location has been determined at this time

AEDC's Incentive Offer

* Five (5) years of Create Rebate @3.9% - estimated benefit is $1,590,000

* Tax Back Program - estimated benefit is $134,000

* $1,000,000 Infrastructure Assistance Grant for building improvements and/or equipment purchases at the selected building in little Rock,Arkansas

* $500,000 for training

* AEDC will provide assistance in the form of a letter of support from AEDC for Tianyuan's applications for 20 work visas for Tianyuan's employees

* PILOT (Payment in Lieu of Taxes) Agreement with Little Rock and Pulaski County to abate up to 65% of property taxes


UPDATE: Here's an article about how Adidas, a German company, was hoping to move shoe production closer to customers through robotics.

Tags: , , ,

From the ArkTimes store

Favorite

Comments (16)

Showing 1-16 of 16

Add a comment

 
Subscribe to this thread:
Showing 1-16 of 16

Add a comment

More by Max Brantley

  • Trump launches attack on 'SOBs' of the NFL

    Donald Trump led a rally for Alabama Senate candidate Luther Strange Friday night and the resulting news coverage (if not in our local newspaper) is giving great attention for his rant against the NFL, including but not limited to players who have made political statements by taking a knee during the National Anthem.
    • Sep 23, 2017
  • Driver killed in crash with Maumelle officer

    Maumelle police report the death early this morning of a motorist who crashed head-on with a Maumelle police officer. The officer and two passengers in the other vehicle were injured.
    • Sep 23, 2017
  • Walmart lawyer picked for U.S. attorney in western Arkansas

    Donald Trump has nominated Duane "Dak" Kees,  director of global ethics and compliance at Walmart Stores, to be U.S. attorney for the western district of Arkansas. It has been filled on an interim basis by a career lawyer in the office.
    • Sep 22, 2017
  • More »

Readers also liked…

  • Super Bowl line

    Over to you.
    • Feb 7, 2016
  • Sabin's subterfuge in the race for mayor has roots in rigged city government

    The Arkansas Democrat-Gazette reports that an ethics complaint has been filed saying that the exploratory committee Rep. Warwick Sabin created to prepare for a run for Little Rock mayor was a subterfuge to avoid the city ordinance that doesn't allow campaign fundraising to begin until five months before the November 2018 election.Of course it is.
    • Aug 10, 2017
  • Judge Griffen: Why black lives matter

    Another few words from Judge Wendell Griffen growing from the controversy over the sale of Black Lives Matter T-shirts at the state black history museum — removed by the administration and restored after protests from Griffen and others stirred by a story in the Arkansas Times:
    • Mar 13, 2016

Most Shared

  • ASU to reap $3.69 million from estate of Jim and Wanda Lee Vaughn

    Arkansas State University announced today plans for spending an expected $3.69 million gift in the final distribution of the estate of Jim and Wanda Lee Vaughn, who died in 2013 and 2015 respectively.
  • Bad health care bill, again

    Wait! Postpone tax reform and everything else for a while longer because the Senate is going to try to repeal and replace the Affordable Care Act one more time before September ends and while it can do it with the votes of only 50 senators.
  • Sex on campus

    Look, the Great Campus Rape Crisis was mainly hype all along. What Vice President Joe Biden described as an epidemic of sexual violence sweeping American college campuses in 2011 was vastly overstated.
  • The inadequate legacy of Brown

    LRSD continues to abdicate its responsibility to educate poor black students.

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation