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Russellville Startup Phoenix Innovations Announces Expansion

2 min read

Phoenix Innovations Inc. of Russellville, a manufacturer of processing equipment used in the meat industry, on Friday announced an expansion that will bring 50 new jobs to the city over the next three years.

The company, incorporated in late 2019, has purchased the former Dalton-King Packaging facility at 425 S. Arkansas Avenue. The price of the acquisition was $1.35 million, the Russellville Courier reported. 

Phoenix, led by CEO Luke Miller and president Nate Harrison, specializes in poultry injection equipment, heat exchanging equipment, product transfer systems, and bird chilling systems. 

The expansion will give Phoenix an additional 25,000 SF of space in two different areas of the existing structure to provide manufacturing space for additional product lines, the company said in a news release. It plans to raise the roof in one section of the building to create space for bridge cranes.

The expansion is expected to be completed by 2023. 

“Phoenix Innovations is excited to be manufacturing in Russellville and our ownership are deeply rooted in this community,” Harrison said in the release. “Our kids go to school here, we support local youth organizations, and are actively involved in our area churches. Russellville, Arkansas, is a great place to conduct business and we are excited about what the future holds.”

Phoenix qualified for the following state incentives: the Tax Back Program, which provides sales and use tax refunds on the purchase of building materials and taxable machinery; the Advantage Arkansas Program, which can offset up to 50% of a company’s income tax liability each year; and $240,000 in community development block grants. 

“Phoenix Innovations is a great example of how entrepreneurs succeed and grow in Arkansas,” said Gov. Asa Hutchinson said in the release. “Even though they are still in the early stages of development, Phoenix has risen to its aspirations to become an industry leader and is already amassing customers with several food processors.”

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