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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.
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.
Companies must be less than 5-years old; have an annual payroll between $100,000 and $1 million; show proof of an equity investment of at least $250,000; pay at least 150 percent of the lesser of the state or county average hourly wage where the business is located; and meet requisite payroll thresholds.
Adjacent to the I-55/I-80 interchange and anchored by the BNSF Logistics Park Chicago and Union Pacific Joliet Intermodal Terminal, CIC is the ideal location for regional or multi-state distribution. The income tax credit earned may be used to offset 50 percent of the investor’s Arkansas income tax liability in any one tax year.
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