An Italian ammunition manufacturer will invest $15 million and add 57 jobs at its Little Rock facility, Gov. Asa Hutchinson announced Wednesday.
The U.S. subsidiary of Fiocchi Group previously produced ammunition parts at the facility on 145th Street in Little Rock. With the investment and additional employees, the facility will produce the finished ammunition, mainly centerfire products, the Fioccchi of America president, Anthony Acitelli, said.
The United States' share of Fiocchi's global market is "50 percent and growing," he said.
Read Wednesday's Arkansas Democrat-Gazette for full details.
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