Beckmann Volmer, a manufacturer of steel components for wind turbines, plans to locate a new manufacturing facility in Osceola, Ark. The company will invest $10 million in the new facility, where approximately 300 people will be employed.
‘After a thorough search considering more than 100 possible locations in the Midwest and South, we believe that we have found the best place for us to set up shop,’ says Bernd Volmer, managing director and co-owner of the company.
Upon completion of the initial investment and hiring of the first 300 employees, the company will consider an additionalÂ $7.5 million investment, along with 200 more employees.
Steel components manufactured by Beckmann Volmer have a wide variety of applications in a wind turbine. The largest component to be produced in Osceola will be turbine main frames.
In selecting the Arkansas site, Beckmann Volmer was advised by Ullrich Kammerer from Rodl Langford de Kock LLP and Florian A. Stamm from Smith Gambrell & Russell LLP.
Beckmann Volmer is headquartered in Germany and also has operations in Poland and China.
SOURCE: Arkansas Economic Development Commission Â Â