LITTLE ROCK, AR — Lexicon announces plans to expand its corporate headquarters and steel fabrication operations in Little Rock, Arkansas, creating 60 new jobs. The expansion represents a capital investment of $37.6 million for the company.
“Lexicon is proud to call Little Rock and Arkansas home," Lexicon CEO Patrick Schueck said. "From our headquarters here in the Port of Little Rock, we’re working in some 30 states across the country to build America every day. This latest expansion shows what a great business climate we have here and how the state supports strong, responsible growth."
Lexicon will undertake a four-phase expansion over two years to support ongoing growth. The phases include adding 5,000 square feet to their corporate office, remodeling a 40,000-square-foot facility, building a new 6,165-square-foot production facility, and expanding an existing fabrication facility by some 46,000 square feet.
“The steel industry is big business in the Natural State, and Lexicon’s additional $36.7 million investment is a huge win for the Port of Little Rock,” Governor Sarah Huckabee Sanders said. “With 60 new jobs, Lexicon is helping boost our economy and giving skilled Arkansans new workforce opportunities.”
Tom Schueck launched Schueck Steel Products in 1968 in a converted home garage in Little Rock, and the company quickly expanded into sheet metal, fabrication, erection, and the settling of heavy machinery equipment. Today, Lexicon provides a range of services, including structural steel fabrication and erection, mechanical equipment installation, crude oil and chemical storage terminal installation, golf course construction, industrial plant maintenance, plate fabrication, construction management, and more. With more than 2,000 employees nationwide, Lexicon has 523 employees in Arkansas.
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Construction on phase 1 of the project is expected to begin in 2025.
