ArcBest Corp. Unveils $30M Plan for New Headquarters in Fort Smith

by Lance Turner and Marty Cook  on Friday, May. 30, 2014 1:39 pm  

ArcBest Corp. of Fort Smith

A groundbreaking on the new facility is set for fall, with a completion date of late 2015 or early 2016. 

Terminal Talk

Friday’s announcement came as ArcBest is considering moving a key terminal -- and its more than 300 jobs -- from North Little Rock to Memphis.

ABF Freight has been offered a $4 million incentive by the Economic Development Growth Engine of Memphis & Shelby County. ABF is considering a $20.5 million terminal expansion there that would create 283 jobs. ABF Freight already has a terminal on Dunn Avenue in Memphis.

Gov. Mike Beebe on Tuesday met with representatives of the Teamsters union, which represents employees at the North Little Rock distribution center. The Teamsters met with Beebe about keeping the center at Springhill Road.

Beebe did not attend Friday's announcement, citing the situation over the terminal. Spokesman Matt DeCample said that while Beebe is excited about the new jobs in Fort Smith, Beebe felt it would be inappropriate to attend the announcement with ArcBest employees in North Little Rock facing an uncertain future.

DeCample said he did not know whether Beebe has held direct talks with ArcBest executives about the terminal, but noted that the AEDC has kept contact with the company. AEDC Executive Director Grant Tennille attended the Friday announcement.

ArcBest’s David Humphrey, vice president of investor relations, and Kathy Fieweger, vice president of marketing and communications, said Friday that, to their knowledge, company executives had not had direct talks with the governor.

"We’re really happy Grant Tennille showed up," Fieweger said.

As for the fate of the North Little Rock terminal, Humphrey said there’s no timeline for a decision. He said ArcBest is modeling the various options to see what works best.

Rebranding

ArcBest’s expansion plans also come as ArcBest rebrands itself as a global trucking and logistics player.

 

 

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