Lexicon Plans $37.6M Expansion in Little Rock, Creating 60 Jobs

Lexicon is set to expand its corporate headquarters and steel fabrication operations in Little Rock, Arkansas, investing $37.6 million and creating 60 new jobs. The expansion will occur over two years and includes adding 5,000 square feet to the 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 46,000 square feet. CEO Patrick Schueck highlighted the supportive business climate in Arkansas, while Governor Sarah Huckabee Sanders emphasized the economic boost this investment will provide. Construction on the first phase is expected to start in 2025, with multiple positions available for hiring, including fitters and welders. Lexicon, founded in 1968, has grown into a national leader in the steel fabrication industry and employs over 2,000 people nationwide, with a significant presence in Arkansas. This expansion aligns with rising demand for domestically produced steel amid increasing tariffs on steel imports.