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Every Fortune 500 company headquartered in Arkansas began as a small, family-owned business. Read: Arkansas: Headquarters Of Home-Grown Giants at BusinessFacilities.com.
A new Competitive Communities Initiative in Arkansas aims to make locations across the state even more attractive for new and expanding businesses. Read: Arkansas: Creating Competitive Communities at BusinessFacilities.com.
Arkansas offers companies a strong transportation network with intersecting Interstates, rail access and water transportation. In Arkansas, you will find: 1,000 miles of navigable waterways. Four ports are located along the Arkansas River in Fort Smith, Little Rock, North Little Rock and Pine Bluff. Hunt and ABF Freight Systems.
Read: Lockheed Martin Begins $142M Expansion In Arkansas at BusinessFacilities.com. The company has broken ground for its Long Range Fires Production Facility, the first of many expansions at the company's site in Camden that will create 326 jobs.
Read: Lockheed Martin To Invest $142M In Arkansas Expansion at BusinessFacilities.com. The security and aerospace company will create 326 new jobs with the expansion of its center of excellence in Camden, AR.
Competitive wages and Arkansas’ right-to-work environment provide an excellent workforce environment for businesses. The Little Rock National Airport, less than three miles from downtown, is Arkansas’ largest commercial service airport, serving approximately 2.1 defense contracts. million passengers annually.
Appalachian Regional Commission and Delta Regional Authority Grants: Federal-state partnerships that work with the people of 37 Appalachian counties in Alabama and the Mississippi Delta region’s twenty Alabama counties to create opportunities for self-sustaining economic development and improved quality of life.
RESEARCH AND DEVELOPMENT INCENTIVES: University Based Research and Development – An eligible business that contracts with one or more Arkansas colleges or universities in performing research may qualify for a 33 percent income tax credit for qualified research expenditures. Use Tax Exemption – on qualifying equipment purchased out-of-state.
This new investment will mirror CMC’s existing micro mill in Mesa, Arizona and will be built with improved technology developed from CMC’s operating experience with the world’s first micro mill, which CMC successfully commissioned in Mesa in 2009. The direct and indirect investment is expected to be in excess of approximately $250 million.
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