Arkansas Governor Asa Hutchinson has signed a memorandum of understanding with China-based Suzhou Tianyuan Garments Co. for a $20 million investment in Little Rock that will create 400 jobs.
Tianyuan produces approximately 10 million casual and sportswear garments annually for brands including Adidas, Reebok and Armani.
“I am thrilled to announce that Tianyuan has chosen Arkansas as their North American home,” said Governor Hutchinson.
“This deal with Tianyuan shows the continued momentum we have with companies looking to invest in Arkansas,” said Mike Preston, executive director, Arkansas Economic Development Commission (AEDC).
AEDC will work with Tianyuan to finalize the details, and the company hopes to be operational by the end of 2017.