JONESBORO, Ark. – A $20 million facility and 130 new jobs were part of a major economic announcement for NEA on Wednesday morning.
Jonesboro Unlimited released Wednesday’s announcement of the addition of Risever to the area’s already thriving economic base. The announcement is the culmination of 10 months of work between the leaders of Risever, the Arkansas Economic Development Commission, and Jonesboro Unlimited, the release said.
After an exhaustive search that began with 70 different cities around the country, Risever chose Jonesboro as its first facility in the United States.
About the company:
“Quality is blood, product is life” is the motto of Risever. Since its founding in 1999, this family-owned company has specialized and excelled in the production of various kinds of engineering machinery and construction machinery metal structural parts. Risever is based in Hefei, China and currently employs over 1,000 people. Today’s announcement marks the first Risever facility in the United States where it will eventually employ 130 people.
Wednesday’s major announcement is the culmination of nearly a year of hard work between Risever and a dedicated team of economic development professionals. We excitedly look forward to creating even more opportunities to enhance the quality of life in Jonesboro.
Risever will be building its facility in the Craighead Technology Park located on East Highland Drive in Jonesboro. The Craighead Technology Park is located just 1.5 miles from I-555, and is less than one hour from Memphis, Tennessee, the nation’s distribution center. With a total of 1,500 acres, the park is rail-served and has several shovel-ready properties.
Jonesboro Unlimited (JU) is a private partnership organization dedicated to the advancement of economic prosperity in Jonesboro and the region. Jonesboro Unlimited’s progressive and pro-business approach has been proven in the solid economic base of our community. If you are looking at Jonesboro as a possible location for your company, or growing your existing company, our team stands ready to assist.
Press Release from Jonesboro Unlimited