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Hefei Risever Machinery Co. LTD

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State Does About-Face On ChinaLock Icon

Arkansas was one of numerous states that took part in a frenzy of activity aimed at bringing over Chinese companies to set up operations. But a new state law makes clear that such investments are now viewed with suspicion. read more >
Government & Politics / Legal / Manufacturing / Real Estate / Technology

State Reviews 2 Companies’ Possible Ties to China

Arkansas Department of Agriculture Secretary Wes Ward has asked Attorney General Tim Griffin to investigate two companies’ possible ties to the Chinese government under a new state law that bans […] read more >
Gov. Asa Hutchinson and AEDC Executive Director Mike Preston meet with officials from Sun Paper in China.
Agriculture & Poultry / Business Services / Government & Politics / Investments / Manufacturing / Nonprofits / Retail / Transportation

Chinese Plans in Arkansas Face ScrutinyLock Icon

China remains a viable market for investment in and trade with Arkansas, including the state’s farmers, despite challenges posed by the COVID-19 pandemic, trade officials say. read more >
Heifei Risever Machinery Co. Ltd officials, along with state and local leaders, cut the ribbon for the company's new plant in Jonesboro.
Manufacturing

Ribbon Cutting Held for $20M Risever Plant in Jonesboro

Hefei Risever Machinery Co. Ltd officials, joined by state and local leaders, held a ribbon cutting Wednesday for its new $20 million-plus, 125,000-SF Jonesboro plant in the Craighead Technology Park. read more >
Mark Young
Manufacturing / Real Estate

Permit Spike Reflects Jonesboro’s Growth Heading Into 2019

Propelled by a handful of large commercial projects, the number of building permits in the city nearly doubled in 2018, with the total value of residential and commercial permits coming in near $288 million. read more >
Construction / Nonprofits / Real Estate / Transportation

Jonesboro Welcomes $20 Million Risever PlantLock Icon

Risever's $20 million 125,000-SF facility in Jonesboro, which will create 130 jobs, will be its first outside of China. read more >
Mark Young
Agriculture & Poultry / Education / Health Care / Manufacturing

Some Northeast Arkansas Cities See Record Growth in 2017

Communities in northeast Arkansas saw record growth in 2017, including sales tax revenue and employment gains across the region. read more >
Shandong Ruyi Technology Group  of China is converting Forrest City’s old Sanyo TV plant, covering 1.4 million SF, into a cotton yarn mill. The factory will have the capacity to consume the state’s entire annual cotton crop.
Agriculture & Poultry / Construction / Government & Politics / Manufacturing / Real Estate / Retail / Transportation

How Chinese Textiles Filled Sanyo’s Old Role as Forrest City HeroLock Icon

Forrest City was seeking a suitor for a massive shuttered factory. Shandong Ruyi Technology Group of China was looking for the right spot for its first U.S. facility, a vast yarn factory capable of consuming Arkansas’ entire annual cotton crop. read more >
Kay Brockwell
Agriculture & Poultry / Business Services / Investments / Manufacturing

Economic Developer: Foreign Investment Key to NEA’s Future

While economic development has benefited communities statewide, several high-profile foreign companies and a majority of the newly created jobs (1,000) are slated for northeast Arkansas. The companies include Shandong Ruyi Technology, Risever and Sediver. read more >
Manufacturing

Risever to Spend $20M on New Jonesboro Plant, Employ 130

Hefei Risever Machinery Co. LTD plans to invest $20 million to build its first U.S. operation in Jonesboro's Craighead Technology Park, a project executives said would create 130 jobs. read more >