Latest news with #ArkansasEconomicDevelopmentCommission
Business Upturn
4 hours ago
- Business
- Business Upturn
Mueller Streamline Expands in Wynne, Arkansas
WYNNE, Ark., July 15, 2025 (GLOBE NEWSWIRE) — Mueller Streamline Co. has announced an investment of more than $7 million to expand its manufacturing facility in Wynne, Arkansas. The expansion is expected to create 60 new jobs over two years. 'Since our acquisition of Halstead Industries in 1998, our companies have not only supported the local economies of the City of Wynne and Cross County, but they have also invested in further expansion across the State of Arkansas. Among other initiatives, we built a new distribution center on the Wynne campus to support retail distribution, and have acquired additional operations in Springdale and Fayetteville,' said Gregory L. Christopher, CEO and Chairman of Mueller Industries. He added, 'Mueller is making this additional $7.5 million investment to expand our distribution and packaging operations. This investment will initially add another 40 jobs, thereby increasing the number of employees at our Wynne campus to approximately 170. 'We have long appreciated the work ethic and spirit of the employees in all of our Arkansas-based operations, and this most recent investment reflects our commitment to and belief in the hard -working people of Wynne and Cross County.' The company is committed to 40 new jobs initially, with the expectation of placing them within the first year of the expansion, with an additional 20 new positions in year two. 'This $7 million investment and creation of 60 new jobs builds on my administration's promise to take care of every community: big or small and further strengthens the city of Wynne's ongoing recovery from a devastating tornado in 2023. Thank you, Mueller Copper Tube, for creating more workforce opportunities in Wynne and for your continued commitment to the Natural State,' said Governor Sanders. 'Helping our existing industries expand is vital for growing the economy in Arkansas, and Mueller Industries' investment in Wynne will play a major role in our state's economic momentum,' said Clint O'Neal, executive director of the Arkansas Economic Development Commission. 'The 60 jobs created by Mueller's investment represent new economic opportunities in eastern Arkansas, and we congratulate the company and our friends in The City with a Smile on this announcement.' 'The City of Wynne is excited to see the expansion of Mueller and looks forward to working alongside the Wynne Economic Development Corporation (WEDC) and the Arkansas Economic Development Commission (AEDC) to support the creation of 60 new jobs,' said Mayor Jennifer Hobbs. 'This expansion is a major step toward fostering growth, job opportunities, and economic prosperity for our community.' Plans for the expansion and upgrade at the facility located at 1525 North Falls Boulevard in Wynne began in the first quarter of 2025. 'The Wynne Economic Development Corporation is excited to partner with AEDC and Mueller in supporting the expansion efforts that will bring 60 new jobs to our community,' said Bevin Hunter, President and CEO of the Wynne Economic Development Corporation. 'This collaboration represents a significant milestone in creating sustainable growth and fostering opportunities for local talent, while strengthening our region's economic future.' Mueller will be hiring for a range of positions in Wynne. Applications are currently open, and individuals can apply by contacting: Brenda Kelley Office (870) 208-1006 [email protected] or Hayley Barnet Office (870) 208-1031 [email protected] About Mueller Industries, Inc. Mueller Industries, Inc. (NYSE: MLI) is a global industrial corporation whose holdings are leading manufacturers and distributors of essential products. Those products support our critical infrastructure and serve a broad range of industries including plumbing, heating, ventilation, air conditioning and refrigeration (HVACR), industrial manufacturing, appliance, transportation, medical, military and defense and electrical. In addition to being the only vertically integrated manufacturer of copper tube and fittings, brass rod and forgings in North America; the Company also has operations in Europe, Asia and the Middle East. About the Arkansas Economic Development Commission At AEDC, we know economic advancement doesn't happen by accident. We work strategically with businesses and communities to create strong economic opportunities, making Arkansas the natural choice for success. AEDC is a division of the Arkansas Department of Commerce. To learn more, visit Contact: Tyler Hale Arkansas Department of Commerce [email protected] 501-410-7883 A photo accompanying this announcement is available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Yahoo
9 hours ago
- Business
- Yahoo
Mueller Streamline Expands in Wynne, Arkansas
Mueller Streamline Expands in Wynne, Arkansas WYNNE, Ark., July 15, 2025 (GLOBE NEWSWIRE) -- Mueller Streamline Co. has announced an investment of more than $7 million to expand its manufacturing facility in Wynne, Arkansas. The expansion is expected to create 60 new jobs over two years. 'Since our acquisition of Halstead Industries in 1998, our companies have not only supported the local economies of the City of Wynne and Cross County, but they have also invested in further expansion across the State of Arkansas. Among other initiatives, we built a new distribution center on the Wynne campus to support retail distribution, and have acquired additional operations in Springdale and Fayetteville,' said Gregory L. Christopher, CEO and Chairman of Mueller Industries. He added, 'Mueller is making this additional $7.5 million investment to expand our distribution and packaging operations. This investment will initially add another 40 jobs, thereby increasing the number of employees at our Wynne campus to approximately 170. 'We have long appreciated the work ethic and spirit of the employees in all of our Arkansas-based operations, and this most recent investment reflects our commitment to and belief in the hard -working people of Wynne and Cross County.' The company is committed to 40 new jobs initially, with the expectation of placing them within the first year of the expansion, with an additional 20 new positions in year two. 'This $7 million investment and creation of 60 new jobs builds on my administration's promise to take care of every community: big or small and further strengthens the city of Wynne's ongoing recovery from a devastating tornado in 2023. Thank you, Mueller Copper Tube, for creating more workforce opportunities in Wynne and for your continued commitment to the Natural State,' said Governor Sanders. 'Helping our existing industries expand is vital for growing the economy in Arkansas, and Mueller Industries' investment in Wynne will play a major role in our state's economic momentum,' said Clint O'Neal, executive director of the Arkansas Economic Development Commission. 'The 60 jobs created by Mueller's investment represent new economic opportunities in eastern Arkansas, and we congratulate the company and our friends in The City with a Smile on this announcement.' "The City of Wynne is excited to see the expansion of Mueller and looks forward to working alongside the Wynne Economic Development Corporation (WEDC) and the Arkansas Economic Development Commission (AEDC) to support the creation of 60 new jobs,' said Mayor Jennifer Hobbs. 'This expansion is a major step toward fostering growth, job opportunities, and economic prosperity for our community." Plans for the expansion and upgrade at the facility located at 1525 North Falls Boulevard in Wynne began in the first quarter of 2025. "The Wynne Economic Development Corporation is excited to partner with AEDC and Mueller in supporting the expansion efforts that will bring 60 new jobs to our community,' said Bevin Hunter, President and CEO of the Wynne Economic Development Corporation. 'This collaboration represents a significant milestone in creating sustainable growth and fostering opportunities for local talent, while strengthening our region's economic future." Mueller will be hiring for a range of positions in Wynne. Applications are currently open, and individuals can apply by contacting: Brenda Kelley Office (870) 208-1006 bkelley@ or Hayley Barnet Office (870) 208-1031 hkbarnett@ About Mueller Industries, Inc. Mueller Industries, Inc. (NYSE: MLI) is a global industrial corporation whose holdings are leading manufacturers and distributors of essential products. Those products support our critical infrastructure and serve a broad range of industries including plumbing, heating, ventilation, air conditioning and refrigeration (HVACR), industrial manufacturing, appliance, transportation, medical, military and defense and electrical. In addition to being the only vertically integrated manufacturer of copper tube and fittings, brass rod and forgings in North America; the Company also has operations in Europe, Asia and the Middle East. About the Arkansas Economic Development Commission At AEDC, we know economic advancement doesn't happen by accident. We work strategically with businesses and communities to create strong economic opportunities, making Arkansas the natural choice for success. AEDC is a division of the Arkansas Department of Commerce. To learn more, visit Contact: Tyler Hale Arkansas Department of Commerce 501-410-7883 A photo accompanying this announcement is available at
Axios
21-05-2025
- Business
- Axios
Arkansas launches community grant program
The Arkansas Economic Development Commission will administer a new Community Assistance Grant Program to help reduce poverty and promote self-sufficiency. Why it matters: The program is designed to fill funding gaps for "projects that fight childhood food insecurity, address unemployment, promote education, offer resources for victims of crime, and provide housing, nutrition or emergency services to promote self-sufficiency," according to a news release Monday announcing the effort. State of play: Gov. Sarah Huckabee Sanders will ask the Arkansas Legislative Council for $15 million to fund it, but it's not yet listed on the council's agenda. Eligible community-based nonprofits will be able to apply for up to $1.5 million per year. Yes, but: Applicants will be required to match grant awards with cash, in-kind labor or in-kind land. What they're saying:"If we're going to help every corner of our state thrive, then the effort is going to come from the bottom up – not just from the top down," Sanders said in the news release.
Yahoo
19-05-2025
- Business
- Yahoo
Arkansas Gov. Sarah Huckabee Sanders initiates Community Assistance Grant Program
Video: Gov. Sanders, Arkansas Office of Skills Development hand out over $20 million in grants LITTLE ROCK, Ark. – Arkansas Gov. Sarah Huckabee Sanders announced on Monday that her office was initiating a program to fill funding gaps in the state. The announcement stated the $15 million program would provide Community Assistance Grants for projects that reduce poverty, promote self-sufficiency and revitalize communities. Sanders' office is working with the Arkansas Economic Development Commission to develop and administer the program. Gov. Sanders vetoes two bills on last day of legislative session The governor's office is seeking the Arkansas Legislative Council's approval of the program's required $15 million. Officials said that under the program, community-based nonprofits and cities will be able to apply for up to $1.5 million grants per fiscal year to support quality of life. Food banks and foster care support were among the examples of programs the grants would support. Applicants will be required to match grant awards with cash, in-kind labor, or in-kind land. Match amount determination is on a case-by-case basis during the application review process. Arkansas Gov. Sarah Huckabee Sanders announces plan to remove sugary foods from SNAP The application period will be from May 19 through July 31, and funding award announcements are expected in early Fall 2025. 'If we're going to help every corner of our state thrive, then the effort is going to come from the bottom up—not just from the top down,' the governor said. 'The goal of the Community Assistance Grant program is to fund programs that are making a real difference in Arkansans' lives.' Arkansas Gov. Sarah Huckabee Sanders signs bill blocking PBM ownership of pharmacies into law Additional information on the program is available at the Arkansas Economic Development Commission's website. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
