LITTLE ROCK — Thermold Magazines, a manufacturer of magazines for firearms, announced Tuesday its U.S. headquarters will relocate to Fort Smith from North Carolina.
The company will be housed in the River Bend Industries building, where River Bend will manufacture magazines for Thermold and Thermold will assume assembly and distribution at the location. Combined, the two companies will add 65 new jobs and invest more than $7 million.
"The entire Thermold team is excited to establish our North American headquarters in Fort Smith," Sylvan Bednar, president of Thermold Magazines, said in a news release."Governor Beebe, the (Arkansas Economic Development Commission) and the Fort Smith Chamber of Commerce have worked tirelessly to make this happen and we appreciate all of their combined efforts. Thermold Magazines is committed to helping get people back to work and being a positive influence within this great community."
Thermold Magazines began in the 1960s as a molded plastics injection manufacturer serving the automotive industry. Today, the company produces magazines for military personnel, law enforcement officers, and sport shooters worldwide.
River Bend Industries is one of the largest custom molders of thermoplastics and engineering resins in the Midwest and Southern U.S. The company has three facilities in two states housing 108 molding machines in 444,000 square feet of manufacturing space.
"This announcement does more than bring jobs to Fort Smith, it brings another center of activity to Northwest Arkansas," Governor Mike Beebe said in a news release. "While Thermold Magazines and River Bend Industries will work together here to strengthen manufacturing processes and products, Thermold’s decision to also move its U.S. headquarters to Fort Smith shows the stability and manufacturing strength of this region."