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State Focus: Arkansas – Easy To Reach, Easy To Grow

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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.

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COVER STORY: Editors’ Location Picks

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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 Union Pacific, ConAgra Foods, Peter Kiewit Sons, Inc.

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Feature Story: 2016 Economic Development Awards

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The $600-million Institute already is well on its way to establishing the region as a national hub for producing next generation integrated photonics, a light science with the potential to transform communications, medicine and national defense, and could create thousands of jobs. Andrew Cuomo. ACHIEVEMENT IN WORKFORCE TRAINING.

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STATE INCENTIVES GUIDE

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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.

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State by State Incentives Guide

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ARKANSAS – updated for 2014. Create Rebate Program: An incentive that may be offered at the discretion of the director of the Arkansas Economic Development Commission in highly competitive situations, it provides annual cash payments based on a company’s annual payroll for new, full-time, permanent employees.

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