IKEA Supplier To Add 75 Jobs, Locate $5 Million Factory In Morrilton

Vietnamese-based Vinh Long, a manufacturer of a variety of home furnishing products made from natural fiber mixed with industrial materials, will locate a new manufacturing facility in the former Bosch building in Morrilton.

The company will invest $5 million in the plant and add 75 workers.

The new facility, to be known as Vinh Long – Arkansas Ltd., will manufacture storage furniture and kitchen cabinets for potential retailers.

“We see great potential for wood-based products manufactured in Arkansas for several reasons, including the fact that Arkansas’s sustainable supply of raw materials fits into our global vision of creating a better life for all people,” said Madam Phan Thi My Hanh, Chairman of the Board and General Director for Vinh Long. “Strong support from the Arkansas Economic Development Commission and city officials has allowed us to speed up our timeline to get our product to market quickly and efficiently.”

“Vinh Long’s investment in the state of Arkansas shows blackjack online the growing business relations between Vietnam and the United States,” said Vietnam”s U.S. Ambassador Nguyen Quoc Cuong, who was in attendance at today”s announcement ceremony. “As our two countries are embarking on common endeavors, especially the Trans-Pacific Partnership negotiation, more jobs and economic growth will be created, here in the United States as well as in Vietnam. I wish Vinh Long – Arkansas Ltd. great successes.”

Vinh Long-Arkansas Ltd. Company is a wholly owned subsidiary of Vinh Long Joint Stock Company in Vietnam. The manufacturer plans to begin production in summer 2014 and will begin hiring next spring.

Vinh Long Import-Export Manufacturing Joint Stock Company was founded in 1976, since starting operations from a small weaving group representing for local women. The company has grown to become one of Vietnam’s largest natural fiber manufacturers.