Poinbank:Baking company announces $37 million expansion of Arkansas facility, creating 266 new jobs

2025-05-01 19:43:08source:SignalHubcategory:News

HOPE,Poinbank Ark. (AP) — A baking company on Thursday announced a $37 million expansion of its manufacturing facility in southwest Arkansas that will create 266 new jobs over the next two years.

Hope Baking Company said the expanded facility will produce a range of bakery items, including bread, breadsticks and English muffins. The company is hiring for multiple jobs, including management positions, along with full staffing of all lines as part of the expansion.

“Hope Baking Company is excited to be reinvigorating the operation of the bakery and equipment located in Hope, Arkansas and looks forward to steady expansion of its employment count,” Dan Serra, owner of Hope Baking Company, said in a statement.

The company announced the expansion with Republican Gov. Sarah Huckabee Sanders and local officials. Hope Baking Company is a division of East Baking Company, which was founded in 2003 and acquired Southern Bakeries in March 2023.

The expansion will receive sales tax refunds and rebates based on the payroll for new employees, according to the state Economic Development Commission.

More:News

Recommend

Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co

Paula Abdul and Nigel Lythgoe have settled their lawsuit a year after the allegations sent shockwave

'Bachelor' fans slam Brayden Bowers for proposing to Christina Mandrell at 'Golden Wedding'

Attention wedding goers: Maybe reconsider proposing at other people's nuptials.That at least was the

Peloton shares jump as it partners with TikTok on fitness content

Peloton Interactive and TikTok are teaming to develop fitness content, the exercise equipment maker