Related Keywords: Chinese industrial giant, consume Arkansas cotton bales, create jobs, gigantic textile factory, investment to spin yarn at a factory, planning its first North American, Shandong Ruyi, transform the state of Arkansas
Chinese industrial giant Shandong Ruyi is planning its first North American gigantic textile factory in a small town in the southern U.S. state of Arkansas which will not only transform the state but it's expected to create 800 jobs.
Forrest City, located near the Mississippi River, is where Shandong Ruyi plans a $410 million investment to spin yarn at a factory where local workers once built Japanese televisions.
AEDC communications director Jeff Moore said that the Shandong Ruyi plant is projected to begin production in mid-2018.
