The Systems Group announced Monday plans to expand its main fabrication and machine shop in El Dorado. The company will be purchasing 47 acres of land next to its current El Dorado facility and expanding operations to make more of its patented Spray-Cooled™ equipment, which is used to prevent electric arc furnaces from melting while producing new liquid steel.
Systems plans to invest in land, equipment and buildings and hire 60 new employees in El Dorado. The expansion is already underway, and the company is currently searching for good welders, fitters and fabricators to join its team.
“This is an exciting time in the steel industry,” said Lee Morgan, president and owner of Systems. “America is going through a resurgence of bringing manufacturing jobs back to the USA, and our business is benefiting from that. . .This expansion will help us triple the equipment we currently build in Arkansas.”
Charles Hays Jr., CEO of Systems, explained why the company chose El Dorado:
“We are very excited to bring more jobs to South Arkansas. Most of our competitors build their equipment overseas and import it. We are proud to make our Spray-Cooled™ equipment right here in the USA. We proudly put ‘Made in the USA’ in big letters on our equipment and our customers love it. We are committed to growing in El Dorado.”
According to the AEDC, Systems qualified for the Arkansas Economic Development Commission’s (AEDC) Advantage Arkansas Program, which provides state income tax credit for job creation based on the number of new employees hired as a result of the project, and the AEDC Tax Back Program, which provides sales tax refunds on building materials, taxable machinery, and equipment associated with the project.
Photo courtesy of the Arkansas Economic Development Commission (AEDC)
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