Beckmann Volmer to Invest $10 Million in Osceola Plant, Employ 300

by Arkansas Business Staff  on Thursday, May. 20, 2010 10:02 am  

Gov. Mike Beebe (left) meeting with Beckman Volmer executives in 2009.

Beckmann Volmer announced Thursday that it will locate new manufacturing facility in Osceola, spending $10 million and employing 300 people.

The company, which makes major steel components for wind turbines, is a direct supplier to Nordex and other wind-energy companies. 

The German company said it will invest $10 million in the new facility, which employ about 300 people at an average hourly wage of $18.00.

After its initial investment, the company has plans to invest an additional $7.5 million and hire another 200 employees.

"We are delighted to call Osceola, Arkansas our new home," Bernd Volmer, managing director and co-owner of the company, said. "After a thorough search considering more than 100 possible locations in the Midwest and South, we believe that we have found the best place for us to set up shop."

Gov. Mike Beebe attended the company's announcement. He visited Beckmann Volmer's leaderson a European business trip in October 2009. The firm has operations in Poland and China.

"Beckmann Volmer is the latest international company to select Arkansas as the home for its North American operations, and their commitment will bring quality jobs to Mississippi County," Beebe said. "Our stature in the renewable-energy sector continues to bring this type of economic investment to Arkansas."

The company is among the suppliers to Nordex USA Inc. of Chicago, which has a $100 million plant in Jonesboro that makes wind turbines. 

The company's steel components have a variety of applications in a wind turbine. The company said the largest component produced in Osceola will be turbine main frames – the structural backbone of the turbine.  

The announcement represents the latest firm from the wind industry to set up operations in Arkansas, including Fort Smith and Little Rock, in the last three years

 

 

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