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COVER STORY: Editors’ Location Picks

Buisness Facilities Contributed Content

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 million passengers annually. million passengers annually.

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Keeping Up With Advanced Manufacturing

Business Facilities

“The location of the mill in Durant, Oklahoma, 80 miles north of Dallas, Texas, will allow us to better serve a growing North Texas market as well as expand into markets in Oklahoma, Kansas, Nebraska, Arkansas and Missouri,” said Joe Alvarado, Chairman, President and CEO of CMC. In December 2015, Australian-based Ferra Aerospace Inc.

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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

Buisness Facilities Contributed Content

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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