Risever to invest $20m in new Arkansas plant

Arkansas state in the United States said on Wednesday that a Chinese company would invest $20 million in the state as it continued to gain from its strong business relations with China.

Hefei Risever Machinery Co Ltd, headquartered in Hefei, Anhui province, has chosen Jonesboro, Arkansas as the site for its first facility in the US.

The move comes after years of concerted effort by the Arkansas Economic Development Commission and Governor Asa Hutchinson, according to the governor's office.