Vexus Boats to invest $4.2 million in expansion, add 50 jobs in Flippin

by Talk Business & Politics staff ([email protected]) 1,344 views 

Fishing boat manufacturer Vexus Boats said Monday (Oct. 4) it will expand operations by 30% in Flippin and add 50 new full-time employees. The total plant expansion investment is $4.2 million.

The company anticipates adding new product offerings for the coming year and said demand has been high for its products.

“We’re humbled and tremendously appreciative for the overwhelming response to our products. Consumer demand is driving growth, and we’re meeting that by transitioning some of our operations to a nearby facility,” said Vexus CEO Randy Hopper. “That site will provide added space for our custom trailer production as well as extensive engineering and cutting-edge product development. At the same time, the addition will significantly enhance the production flow and efficiencies of our aluminum and fiberglass boat manufacturing.”

Anglers and outdoor enthusiasts have made Vexus one of the fastest-growing fishing boat manufacturers in the U.S., according to the company.

Gov. Asa Hutchinson, Arkansas Economic Development Commission (AEDC) Deputy Director Jim Hudson, and other local officials joined Vexus executives in announcing the expansion in north Central Arkansas.

“Arkansans take pride in our state’s stunning scenery and its access to outdoor recreation, and we are excited to have a company like Vexus that exemplifies our passions and values here in the Natural State,” Hutchinson said. “These 50 additional jobs will go a long way in improving the quality of life for families in Flippin.”

“Vexus has been a great business partner in Flippin, and we are excited to continue the relationship and see what the future has in store,” Hudson said. “Arkansas has a workforce second to none, and I am confident that Vexus will continue to find success here.”