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AR – INDUSTRY INSIDER – Fiocchi of America to establish $15 million manufacturing facility in Little Rock

Fiocchi of America, the United States subsidiary of Italy-based Fiocchi Group, announced plans to establish a new manufacturing facility in Little Rock, Ark. Fiocchi, a global leader in small-caliber ammunition, will invest $15 million to establish a fully independent industrial platform in the U.S. Fiocchi has identified the U.S. as key to boosting the company’s growth. The new plant will strengthen the company’s focus on manufacturing premium products and improve its position in the premium segment of the market – a key pillar of the company’s business plan. “We are excited to start this new chapter of Fiocchi’s history here in Arkansas. The plant is a state-of-the-art production facility that will be instrumental in offering our customers premium products and unparalleled service levels,” President and CEO for Fiocchi of America Anthony Acitelli said. “It is with great pleasure that we welcome Fiocchi to Arkansas,” Gov. Asa Hutchinson said. “One of my goals as governor has been to increase foreign-direct investment in the state, and this is a great example of what can happen when the state and local partners work together to nurture relationships with current and prospective leaders across the globe. I look forward to watching Fiocchi grow and prosper here.” In 2015, Gov. Hutchinson became the first Arkansas governor to attend the SHOT Show, the industry’s leading trade show. The governor has led the Arkansas delegation to the show for five consecutive years to pursue and welcome growing firearms and ammunition companies to Arkansas.   [full article]

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