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CoorsTek Announces $9M Benton Expansion, Creation of 50 Jobs

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Ceramics manufacturer CoorsTek Inc. announced Monday a $9 million expansion of its 230,000-SF manufacturing facility in Benton that will create 50 jobs. 

The new investment comes a year after the company completed a $26M expansion that expanded its manufacturing capabilities for the aerospace and defense markets. 

The latest expansion adds to those capabilities, the company said in a news release.

“The expansion of our Benton facility is a key step in our long-term strategy for CoorsTek supporting the evolution and innovation in the defense and aerospace markets,” Co-CEO Jonathan Coors said in the release. “Benton has long been an important manufacturing hub for us, and the support and partnership we have experienced from both local and state governments has been a driving factor in our desire for continued investment in Arkansas.”

The Arkansas Economic Development Commission said CoorsTek qualified for two incentives: Tax Back, which provides sales tax refunds on building materials, taxable machinery and equipment associated with the project; and Advantage Arkansas, which provides a state income tax credit of 1% of total payroll.

“Here they are again, creating more jobs and further polishing Arkansas’ reputation in the defense and aerospace markets,” Gov. Asa Hutchinson said in the release. “If I hear of a CEO who wonders whether Arkansas is a good place to do business, I’ll recommend a visit to CoorsTek.”

The company, based in Golden, Colorado, said it would add the new jobs “over the next few years.”

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