Intimidator Inc. of Batesville, which makes 4×4 utility vehicles and zero-turn mowers, said Monday that it will expand its manufacturing operations in Independence County, investing $12 million in facilities and equipment and adding 400 full-time employees over four years.
The company, owned by Becky and Robert Foster, said the expansion comes amid growth in the UTV market and the lawn industry’s “enthusiastic response” to the company’s new Spartan line of zero-turn lawn mowers.
The company, which already employs 111 people, plans to expand its current facility and build a second one in the Independence County Industrial Park.
The Arkansas Economic Development Commission said the project is receiving these incentives:
- Create Rebate, which provides a cash rebate equal to 4.25 percent of annual payroll associated with the new jobs for five years.
- Tax Back, which provides sales tax refunds on building materials, taxable machinery and equipment associated with the expansion.
- $1.5 million in Community Development Block Grant funds.
“Intimidator is a great example of the mechanical know-how and entrepreneurial spirit that flourishes in Arkansas,” Gov. Asa Hutchinson said in a news release. “The fact that Intimidator is creating 400 new jobs reflects the company’s rapid growth in the utility vehicle market. They have combined innovative products and ideas with a workforce that is second to none, which results in continued success.”
The Fosters also own Bad Dawg Accessories, which provides aftermarket accessories for UTVs; Spartan Mowers LLC; and Gourmet Guru Grill, a ceramic grill that combines a grill, smoker and brick oven.
“We are indeed grateful for support from the governor’s office, the state of Arkansas, Arkansas Economic Development Commission, Independence County Economic Development Commission, City of Batesville, and this entire community,” the Fosters said in a news release. “These groups have given us overwhelming support, and last but certainly not least, we want to thank our entire team of employees that make it happen day in and day out.”