Located at the port of Little Rock, the 22-ha site can access major interstate motorways, Class I railroads, navigable waterways, as well as a national airport.
The first phase of development comprises 38,000 sq m of production area. In phase two, the site will expand to 58,000 sq m and, once operational, the project will create 500 jobs. Faymonville is planning on investing more than EUR92 million (USD100 million) and is anticipating a EUR221 million (USD240.1 million) economic benefit to Little Rock and surrounding communities.
“What we particularly value about the US market is its enormous potential, its practical, solution-driven mindset, and the much simpler administration compared to Europe,” said Alexander Fickers, ceo of Faymonville.
In the first phase, individual components will be manufactured in Little Rock, while preparations for in-house production are ongoing. Additionally, service and spare parts support for Cometto-branded vehicles will be strengthened
“By early 2026, the production will be operational, and the vehicles will proudly bear the “Made in America” label, with the goal of long-term success in the US market,” said Yves and Alain Faymonville.
Faymonville was initially introduced to Arkansas thanks to a relationship with Hale Trailer, the largest independent trailer dealership in North America with 16 branches, includes one in North Little Rock.
“Our new location offers exciting career opportunities for driven and passionate specialist in steel construction, surface treatment, final assembly, as well as various office roles – all within a company culture that values pragmatism and straightforward communication,” added Lisa Faymonville, HR manager for Faymonville Group.
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Publish date : 2024-10-31 04:53:00
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