Peco Foods to build $165M complex in Arkansas
Peco Foods has announced plans for a new plant, hatchery and feed mill in northeast Arkansas. The project, estimated to be a $165 million investment, will bring 1,000 jobs to the two counties, reports the Associated Press.
Groundbreaking for the feed mill site in Corning is set for next month, while initial work on the hatchery and processing plant site near Pocahontas is set for July. Mark Hickman, chief executive of Peco Foods Inc., said the company hopes both the feed mill site and the hatchery are complete by November 2015, with the processing plant operational by the following January.
“Arkansas is an excellent place to do business, and we look forward to providing new jobs and an economic boost to Randolph and Clay counties,” Hickman said.
Source: AP via Washington Post