Key Tronic Corporation Executes New Lease to Expand Domestic Operations In Arkansas

Core Points - Key Tronic Corporation is expanding its clean-tech manufacturing operations in Springdale, Arkansas, with an investment exceeding $28 million and the creation of over 400 jobs in the next five years [1][2][5] - The new facility will increase Key Tronic's total U.S. production capacity by approximately 40% [3] - The expansion is part of a larger business park investment of over $100 million in the Springdale community [4] Company Overview - Key Tronic, founded in 1969, is a leading contract manufacturer providing design and manufacturing services from facilities in the U.S., Mexico, China, and Vietnam [6][7] - The company has been operating in Arkansas since 1985 and has a long history of manufacturing electronics in the state [7] Economic Impact - The expansion is expected to enhance the local economy by providing significant job opportunities and reinforcing Springdale's reputation as a destination for industry and innovation [5] - Local officials, including the Governor and the Mayor of Springdale, have expressed strong support for the expansion, highlighting the region's skilled workforce and business-friendly environment [2][5]