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“ConAgra Foods has a long history in Russellville and we are pleased to grow our presence in the area,” said Mike Tracy, senior vice president of Consumer Foods Supply Chain for ConAgra Foods. “Our dedicated employees, along with the support of the city of Russellville and the state of Arkansas will allow us to make great food here for many years to come.”
“With agriculture as our largest industry, Arkansas has long had an established presence in the food-processing sector,” said Arkansas Gov. Mike Beebe. “When you see world-class companies like ConAgra Foods locate and then expand in Arkansas, it shows the strength of our state and our workforce.”
“ConAgra Foods has been an outstanding corporate citizen in the Arkansas River Valley for decades and the community is more than willing to do everything necessary to help insure the company’s success for years to come”, stated Jeff Pipkin, president coconut peeler of the Arkansas Valley Alliance for Economic Development (AVAED). “This coconut peeler is the largest industrial investment in the area since Arkansas Nuclear One was constructed over 40 years ago. This additional investment and increased employment will certainly strengthen our local economy.”
“ConAgra Foods and its predecessor companies have been an integral part of Russellville’s economy for many years,” said Russellville Mayor Bill Eaton. “It is exciting to know that their management and corporate decision makers consider our city a good investment.”
The incentives ConAgra is getting may also have had something coconut peeler to do with it. They are getting $742,000 for a new access road and parking lot that will be funded by the Governor Äôs Quick-Action Closing Fund. ConAgra is also getting tax credits linked to the number of full-time jobs created, and they will get sales tax refunds on purchases of building construction materials and machinery for the expansion.
The Omaha, Nebraska -based ConAgra Foods, Inc has had a presence in Russellville, Arkansas since 1965, and currently coconut peeler has 1,350 employees at the plant. With the addition of another 80 workers, the count will go up to 1,430. On a global level, ConAgra has 26,100 employees and posted 2012 revenues of $13.3 billion. Share on Facebook. Share on Twitter. Share on Google+ Share on LinkedIn Share on Twitter. Posted by Economic Development HQ.com Arkansas Permalink
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