Arkansas valve manufacturing plant to expand
Nibco’s million dollar investment plan expands production and protects jobs of 250+ employees.
The head of a valve manufacturing and distribution company says a $14 million investment plan to expand production will add new jobs and shield existing positions at the Blytheville, Arkansas facility.
Nibco chief executive officer Rex Martin said at a news conference last week that the expansion will add a dozen jobs, allow the company to maintain 19 positions that would have been moved elsewhere and protect the jobs of 250 regular workers. The Blytheville Courier News reports that the facility is gaining an expanded manufacturing plant and the addition of a distribution center, which enables the company to manufacture and ship its products onsite without the need of additional shipping and distribution facilities.
The plant produces iron valves, which are used in the construction of buildings.
Annual Salary Survey
After almost a decade of uncertainty, the confidence of plant floor managers is soaring. Even with a number of challenges and while implementing new technologies, there is a renewed sense of optimism among plant managers about their business and their future.
The respondents to the 2014 Plant Engineering Salary Survey come from throughout the U.S. and serve a variety of industries, but they are uniform in their optimism about manufacturing. This year’s survey found 79% consider manufacturing a secure career. That’s up from 75% in 2013 and significantly higher than the 63% figure when Plant Engineering first started asking that question a decade ago.