34.8 F
Fort Worth
Tuesday, December 1, 2020
News Lockheed Martin announces $142M expansion of Arkansas plant

Lockheed Martin announces $142M expansion of Arkansas plant

Other News

Exxon’s oil slick

Exxon Mobil is slashing its capital spending budget for 2020 by 30% due to weak demand caused by the COVID-19 pandemic and a market...

Folk music’s Mark Twain: 7 Essential tracks from John Prine,

NEW YORK (AP) — Some people, the songs just come out of them. For nearly half a century, they tumbled out of John Prine...

Tarrant County records another COVID-19 death

Tarrant County Public Health (TCPH) on Wednesday, April 8 reported that a resident of Euless has died as the result of the COVID-19 virus....

Tradition stymied: A year unlike any since WWII for Augusta

The Masters is so intertwined with Augusta, they added an extra day to spring break.You see, the first full week of April isn't just...

LITTLE ROCK, Ark. (AP) — Lockheed Martin says it is spending $142 million and hiring 326 new workers over the next few years as it expands its south Arkansas facility.

The Maryland-based company on Monday announced the expansion of its plant in Camden, about 85 miles (140 kilometers) southwest of Little Rock. The Camden facility currently employs about 700 workers.

The expansion will support new construction and improve existing facilities for products such as the Terminal High Altitude Area Defense, Army Tactical Missile System and others, plus new machinery and equipment. The company and Gov. Asa Hutchinson announced the expansion at the Paris Air Show.

State Economic Development officials say the company is receiving performance-based income tax credit and cash rebate for the expansion.


close






Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

Latest News

U.S. Supreme Court leery of Trump’s bid to exclude undocumented immigrants from congressional reapportionment

Some Supreme Court justices on Monday seemed skeptical of President Trump’s claim he has the authority to exclude undocumented immigrants from population totals when...

Tarrant reports 5 deaths as Texas reports 3,954 new coronavirus cases, 102 deaths

Tarrant County Public Health on Sunday reported five COVID-19 deaths. The deceased include a man from Fort Worth in his 90s, a woman from...

Susan Nix: Longtime businesswoman, TCU champion dies

Susan Appleby Nix Longtime Fort Worth business and civic leader and TCU champion Susan Appleby Nix died Thursday, Nov. 26 from complications of COVID-19. Nix,...

JRB Fort Worth chosen for main operating base for C-130J aircraft

Naval Air Station Joint Reserve Base Fort Worth has been selected as a main operating base for eight C-130J aircraft at the 136th Airlift...

Texas again sets record for new coronavirus infections as testing also sees sustained highs

Texas health officials reported more than 14,000 new coronavirus infections Wednesday in what appeared to be an all-time high for daily cases. The record comes...