Posted on 04/26/2016 9:26:34 AM PDT by rickmichaels
LITTLE ROCK, Ark. – The Chinese company Sun Paper announced plans Tuesday for a $1 billion bio-products mill in southern Arkansas, the paper company’s first facility in North America.
Sun Paper officials were joined by Arkansas Gov. Asa Hutchinson to announce the project. Hutchinson said the project will create 250 jobs and is one of the largest private investments in Arkansas’ history.
Based in Shandong Province, Sun Paper employs 10,000 people worldwide and is China’s largest privately owned paper-making enterprise, according to the company’s website.
The new plant will built about 65 miles southwest of Little Rock in the city of Arkadelphia. An Arkansas economic development official said earlier this month that Sun Paper was also considering Mississippi for the mill.
“The fact Sun Paper is investing more than $1 billion in south Arkansas speaks volumes of their confidence in our workforce and pro-business environment,” Hutchinson said in a statement. “This is among the largest private investments in the state’s history and the impact will be felt for generations.”
Hutchinson, a Republican, travelled to China last November and met with Sun Paper officials. He signed a letter of intent then to study the feasibility of building the plant in Arkansas.
China - exporting manufacturing jobs to low cost third world areas.
By getting directly into the paper products business, they can ensure that America is exporting a supply of paper products even when there are shortages.
You do not want to ever work for a Chinese company.
Oh good. We can have lousy cardboard made right here at home. (/s)
The biggest crop in Southern Arkansas is not cotton and hasn’t been for years. Pulp wood is the king now and there are several paper mills to churn out the product.
Maybe right there in Arkansas they can also make those cheap plastic grocery bags that split open when you put three cans in them. I would gladly pay 2 mils per bag extra not to have to pick up my groceries from the parking lot pavement as I transfer them to my car.
Will they pay a high enough wage to get the remaining 20+% of the American workforce off disability, welfare and Foodstamps?
By making it in the USA—they will avoid the Trump Tariffs and put Americans to work. I see this as a good thing. More Americans with jobs is a positive. Chines/Japanese/Korean car companies will build their cars in the USA to avoid the Tariffs (some do now) but they will employ US workers! That is the goal. Americans to work! Maybe new companies will expand (like that 3 wheeled car plant)—better to employ US Tax payers than cheap Mexican workers in Mexico.
Using OUR money!
Folks in Arkadelphia need to invest in gas masks. Then again they will probably learn to think of the horrible constant smell as $$$$$.
I've heard some general stories, but want to know what your experiences are. As a side note, I have a friend who worked (briefly) for a Pakistani-run software company. He said it was like Alibaba and the 40 thieves meets Microsoft. Very 3rd world.
What better way to mask your nefarious intentions than with paper?
Just speculating...
5.56mm
Great, TP that falls apart in your hands?
Are they difficult to work for? I’ve worked for foreign owned companies, though not Chinese owned. What is bad about working for a Chinese company?
There is a massive paper mill in Pine Bluff that I’ve called on in past years. It was owned by International Paper but was sold off.
They made 95 percent of the world’s supply of coated paper for milk cartons.
Chinese paper plant in Arkansas. Wonder what Hillary’s CUT was ?
For the record....... Alibaba is a chinese company and haqd the largest ever public offering on the New york Stock excannge
The people in question are Chicaps
“You do not want to ever work for a Chinese company”
I do and get paid very handsomely. Fly first class, stay in 5 star hotels. No requirement to use chop sticks...
“Maybe right there in Arkansas they can also make those cheap plastic grocery bags that split open when you put three cans in them ...
We always ask for paper bags at Publix when we buy anything that is heavier than a box of cereal. They are recyclable and so far are much better quality than the plastic.
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