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Fiocchi USA has scrapped plans to build a $41.5 million munitions facility at the Port of Little Rock that was set to employ 120, the company confirmed to the Arkansas Democrat-Gazette on Monday.
Jason Vanderbrink, chief executive officer and president of Fiocchi's parent company, The Kinetic Group, said in a statement that Fiocchi never broke ground at the Port and is currently evaluating "strategic opportunities" for its 280-acre plot.
The company announced the project in 2022, hoping to finish the new primer supply facility by early 2025. The facility was going to serve as an expansion of its already-existing facility on 145th Street that employs about 130. Fiocchi USA also has a facility in Ozark, Mo.
It is unclear when the company made the decision to not move forward with the facility. Fiocchi was preparing for construction in early 2023, which was later pushed back to the end of that year, according to a report from Arkansas Business.
Little Rock Port Authority Executive Director Bryan Day said the company's choice to ditch the project was likely a result of Fiocchi's acquisition by a...
Source: https://www.arkansasonline.com/news/2026/apr/20/41m-munitions-facility-at-lr-port-scrapped/
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