Technology Group creating up to 800 jobs
Shandong Ruyi Technology Group to create up to 800 new jobs in Forrest City
Chairman Yafu Qiu (pronounced “Chew”) and leaders of Shandong Ruyi Technology Group (Ruyi) today joined Arkansas Governor Asa Hutchinson and local officials at the State Capitol to announce that the company will invest $410 million in the former Sanyo manufacturing facility in Forrest City, Arkansas.
Ruyi, headquartered in Shandong Province, China, will create up to 800 new jobs at the facility, where Arkansas cotton will be spun into yarn for textile use. This is Ruyi’s first facility to locate in North America.
“Ruyi Group, as the largest textile manufacturer in China, has been expanding globally,” said Chairman Qui. “Our manufacturing facility in Arkansas will become the first milestone of Ruyi’s steps into the United States. We are dedicated to provide the product with cutting edge technology and superior quality.” Read more.