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Ammunition maker Fiocchi of America on Tuesday introduced that it is increasing operations in Little Rock, investing $41.5 million in a brand new primer manufacturing facility on the Little Rock Port.
Fiocchi, the U.S. subsidiary of the 146-year-old Italian ammo producer, mentioned the venture will create 120 jobs. The common hourly wages for these positions will begin at $20-$25 per hour.
Development on the 280-acre website is scheduled to begin subsequent 12 months, with the primary part of operations anticipated to start in 2025.
Fiochhi executives advised Arkansas Enterprise that the plant will assist the corporate capitalize on rising world demand for lead-free primer throughout industrial, protection and sporting markets. Primer is the chemical or gadget that units off the propellent in a spherical.
Arkansas Enterprise will replace this story.
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