Economy

HOT SPRINGS – FiberPro, a designer and manufacturer of custom log and lumber equipment, said Friday that it is expanding its manufacturing facility in Hot Springs.

It will invest $3.1 million and create 69 new jobs over three years.

“FiberPro’s commitment to individualized solutions for each of our clients has led to outstanding growth for the company,” said FiberPro founder and CEO Josh Krauss. “We are excited to continue the momentum through this expansion, which will benefit both FiberPro and the state by bringing additional manufacturing jobs and opportunities to Hot Springs.”

Founded in 2019, FiberPro utilizes 3D technology to engineer innovative machinery for sawmills, engineered wood products plants, pulp and paper plants, and biomass energy plants. The company currently employs several product and design engineers and design fabrication consultants across North America.

The expansion will allow the company to continue manufacturing woodyard and sawmill equipment while adding a team of forestry product experts focused on consulting, planning, engineering, and manufacturing. FiberPro has stated that one of its goals is to bring as many of these high-paying and skilled positions to Hot Springs as possible.

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