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State Focus – Arkansas: Expect the Unexpected

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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

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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. Hunt and ABF Freight Systems.

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$1.1B Steel Plant for Arkansas

Construction Knowledge

So I’m thinking there aren’t too many laborers on site. The developers pitch that their average salary for worker will be $75,000 per year.

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State by State Incentives Guide

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Industrial Revenue Bonds: May be used as long-term financing of up to 100% of a project for: Acquisition of land, buildings, site preparation and improvements; Construction of buildings; Acquisition and installation of furnishings, fixtures and equipment; Capitalizable soft costs (e.g., The tax for existing entities accrues as of Jan.

Income 108
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STATE INCENTIVES GUIDE

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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.

Income 75
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Feature Story: 2016 Economic Development Awards

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The plant is expected to provide roughly 1,500 jobs on-site and support 1,500 more among area suppliers. Another tech player based in Lincoln is Hudl, which developed software that can instantly analyze game film sent to its site by professional and amateur sports teams. ACHIEVEMENT IN SITE CERTIFICATION.

Indiana 40
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Oklahoma Incentives and Workforce Development Guide

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For a list of Oklahoma economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. At least 51% of the new jobs must be made available to low and moderate-income persons. For more information visit Oklahoma Capital Investment Board (OCIB) Web site.