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State Focus – Arkansas: Expect the Unexpected

Buisness Facilities Contributed Content

W hether you call it The Natural State or The Land of Opportunity, Arkansas has something for everyone. Siloam Springs sits along US Highway 412, one of the busiest entryways into the state and a main thoroughfare in Arkansas. The Northwest Arkansas Regional Airport (XNA) is a short 20 minute drive from Siloam Springs.

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

Buisness Facilities Contributed Content

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.

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$1.1B Steel Plant for Arkansas

Construction Knowledge

ENR reported today that Big River Steel, LLC plans to build a $1.1B US plant that will convert scrap steel to new steel. Located on the Mississippi River, the plant will employ 525 workers. This is the type of exciting project I wrote about in my previous post.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25

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Industry Focus: Food Processing – The Process Of Consistency

Business Facilities

Indiana is a “Right to Work” state and, in recent years, has enacted constitutional property tax caps and reduced the state’s corporate income tax. ARKANSAS IS A NATURAL FOR FOOD PROCESSING BUSINESS. In Arkansas, leaders will find: 1,000 miles of navigable waterways. Arkansas has the tools that help businesses succeed.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

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COVER STORY: Editors’ Location Picks

Buisness Facilities Contributed Content

Two of the leading employers, UPMC and West Penn Allegheny Health System, together account for more than 50,000 jobs. Little Rock, AR is a center for several major employers in a variety of industries including healthcare, service, government and agriculture. A burgeoning health care industry drives the regional economy in Pittsburgh.

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