The former Fruit of the Loom plant at 1425 Ohlendorf Road in Osceola.
Looks like significant employer could be planning a move into Osceola in the new year.
The Osceola Times reports today that the city council voted this week to sell the former Fruit of the Loom factory building for $2 million. The buyer? Challenger International Inc. of Houston, a company that sells tubular steel and other products used in the oil industry.
The Times’ brief report, available via the Blytheville Courier, says the company aims to open a “steel-related, fabricating facility” that would “bring up to 350 new jobs to the city.” The sale of the plant is set to close in April.
Arkansas Business is attempting to run down more details, but on Christmas Eve, our calls haven’t been returned.
Fruit of the Loom closed its Osceola plant in January 2001, a move that left 750 people out of work. At the time, Fruit of the Loom was the city’s second-largest employer.
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