Shandong Ruyi Technology Group
State Does About-Face On China
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 >
by Lara Farrar -
Chinese Plans in Arkansas Face Scrutiny
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 >
Staying ‘Prayerful’ (Editorial)
President Trump may think that “trade wars are good, and easy to win,” but St. Francis County workers need jobs and Arkansas farmers, the top rice producers in the world, would love to ship their rice to China. Agriculture is, after all, the state’s biggest industry. read more >
Hope Remains for $410M Forrest City Plant
President Donald Trump’s trade war with China may have helped delay the $410 million textile plant planned for Forrest City, but it hasn’t killed it. read more >
by Jan Cottingham -
Mike Preston: Forrest City Yarn Factory on Hold Amid Trade Fight
Two major economic development projects in Arkansas are caught up in the trade fight between the United States and China, and one is now on hold, Arkansas' economic development office said Monday. read more >
by Lance Turner -
Connections Count (Editorial)
Reach out, friends, to others. You'll never know what you can accomplish before breakfast. read more >
How Chinese Textiles Filled Sanyo’s Old Role as Forrest City Hero
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 >
by Kyle Massey -
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 >
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To Gain Edge, Manufacturers Enlist Robots
In Arkansas, where the May unemployment rate was a record-setting low of 3.4 percent, manufacturers aren’t concerned about robots taking jobs. They’re concerned about competing in a global marketplace. read more >
Asa Hutchinson: Arkansas Leads Nation in Foreign Direct Investment
Gov. Asa Hutchinson, speaking at the Arkansas Delta Conference, said Arkansas leads the nation in foreign direct investment. read more >
by Todd Traub -
Chinese Textile Manufacturer to Invest $410M, Create 800 Jobs
Shandong Ruyi Technology Group plans to invest $410 million to remodel the former Sanyo manufacturing facility in Forrest City into a textile factory, employing 800 people. read more >
by Lance Turner -