KEY TRONIC CORPORATION EXECUTES NEW LEASE TO EXPAND DOMESTIC OPERATIONS IN ARKANSAS

27 Feb, 2025

Springdale, AR — Key Tronic Corporation, a provider of electronic manufacturing services (EMS), is expanding its clean-tech manufacturing operations in Arkansas, establishing its flagship manufacturing and research and development location in Springdale. The company anticipates investing more than $28 million in the new facility and expects to create over 400 new jobs in the next five years.

“We are pleased to announce the expansion of our U.S. manufacturing operations in Northwest Arkansas. Our new center of excellence in Springdale will provide both our employees and customers with cutting-edge technology and the increased capacity necessary to accommodate expected growth,” said Brett Larsen, CEO of Key Tronic. “We are committed to continuously investing in our capabilities and attracting innovative talent. Our people are our most valuable asset, and we are delighted to enhance our operations in a region where we have maintained a longstanding presence and a strong team and can benefit from a business-friendly environment.”

“When we invest in education and our workforce, we can attract companies like Key Tronic and ensure they have the skilled workforce they need. Arkansas LEARNS and ACCESS are laser-focused on that issue and help attract announcements like this one, which mean $28 million and nearly 400 jobs for Springdale,” said Governor Sanders.

Key Tronic will be shifting its existing Arkansas operations to a new larger facility in Springdale, located at 601 W Apple Blossom Avenue later in 2025, increasing its total U.S. production capacity by approximately 40 percent.

“Crossland purchased the land in 2021 with a vision to build a modern, best-in-class facility, and we are grateful that Key Tronic has chosen this location to call home. This building is part of a larger business park, representing an investment of over $100 million in the Springdale community,” said Director of Real Estate Mattie Crossland. “Our goal is to provide spaces that allow our tenants to run their businesses efficiently while also contributing to the growth and future of the community.”

Crossland Realty Group developed the 300,000-square-foot building shell in late 2023, with Crossland Construction completing Key Tronic’s tenant improvements, slated for completion in Q3 2025.

“Key Tronic has a long history of manufacturing electronics in Arkansas, and we are proud that the company has decided to expand their presence and increase production capacity in our state,” said Clint O’Neal, Executive Director of the Arkansas Economic Development Commission. “Congratulations to the Key Tronic team and to the City of Springdale on this major economic development win.”

“Key Tronic’s decision to relocate to Springdale is a strong endorsement of our city’s talented workforce, thriving economy, and commitment to fostering business success,” said Springdale Mayor Doug Sprouse. “This investment brings significant job opportunities to our community, further strengthening Springdale’s reputation as a prime destination for industry and innovation. We proudly welcome Key Tronic and look forward to their future growth here.”

About Key Tronic

Founded in 1969, Key Tronic is a leading contract manufacturer offering value-added design and manufacturing services from its facilities in the United States, Mexico, China and Vietnam. The Company provides its customers with full engineering services, materials management, worldwide manufacturing facilities, assembly services, in-house testing, and worldwide distribution. Its customers include some of the world’s leading original equipment manufacturers. Key Tronic has operated in Arkansas since 1985.
For more information about Key Tronic visit: www.keytronic.com.

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