Lexicon expanding HQ, fabrication operations in Little Rock - Talk Business & Politics

Lexicon expanding HQ, fabrication operations in Little Rock

by Roby Brock (roby@talkbusiness.net) 768 views 

Lexicon announced Wednesday (March 19) plans to expand its corporate headquarters and steel fabrication operations in Little Rock. The expansion will create 60 new jobs and represents a capital investment of $37.6 million for the company.

“Lexicon is proud to call Little Rock and Arkansas home. From our headquarters here in the Port of Little Rock, we’re working in some 30 states across the country to Build America every day. This latest expansion shows what a great business climate we have here and how the state supports strong, responsible growth,” said CEO Patrick Schueck about the new expansion.

Lexicon will undertake a four-phase expansion over two years to support ongoing growth.

The phases include adding 5,000-square-feet to their corporate office at 8900 Fourche Dam Pike, remodeling a 40,000-square-foot facility on Sloane Drive, building a new 6,165-square-foot production facility and expanding an existing fabrication facility by approximately 46,000-square-feet.

Construction on phase 1 of the project is expected to begin in 2025.

“The steel industry is big business in the Natural State and Lexicon’s additional $36.7 million investment is a huge win for the Port of Little Rock,” said Gov. Sarah Sanders. “With 60 new jobs, Lexicon is helping boost our economy and giving skilled Arkansans new workforce opportunities.”

“Lexicon has grown into a national leader in the steel fabrication industry, and they are continuing to grow in Little Rock, Arkansas,” said Clint O’Neal, executive director of the Arkansas Economic Development Commission. “This Arkansas-founded company has achieved great success, and we are excited that they are expanding in the Natural State. Congratulations to Lexicon and its leadership team on this expansion and to the City of Little Rock for another economic development win.”

Tom Schueck launched Schueck Steel Products in 1968 in a converted home garage in Little Rock, and the company quickly expanded into sheet metal, fabrication, erection, and the settling of heavy machinery equipment.

Lexicon now provides a range of services, including structural steel fabrication and erection, mechanical equipment installation, crude oil and chemical storage terminal installation, golf course construction, industrial plant maintenance, plate fabrication, construction management, and more.

With more than 2,000 employees nationwide, Lexicon has 523 employees in Arkansas.

Lexicon will be hiring for multiple positions, including fitters, welders, machine operators, shop supervisors, accountants and more.

“The Port of Little Rock works daily to attract industry from around the world; however, our greatest accomplishments are when an existing industry expands,” said Bryan Day, executive director of the Little Rock Port Authority. “We are proud of Lexicon and their unprecedented growth and we look forward to the opening of their new corporate headquarters. Little Rock is fortunate to have Lexicon in our community.”

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