Arkansas Business:

Corbitt Manufacturing Co., a subsidiary of American Railcar Industries Inc. of St. Charles, Missouri, announced Wednesday that it is opening a new facility in Paragould that will create up 60 new jobs.

Corbitt said it will invest about $3.5 million in the plant; production begins this month.

Jeff Hollister, president and CEO of American Railcar, said facility will help the company meet demand for components that go on the railcars it produces at its Paragould and Marmaduke assembly plants.

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