Learn more about relocating or expanding to Arkansas

Arkansas business climate, manufacturer incentives, and advantages of AR communities

Relocate or Expand to Arkansas - U.S. Industrial Expansion & Relocation Guide for Manufacturing Companies - Learn more about the Arkansas business climate, manufacturer incentives, and advantages of AR communities. Helping decision makers at U.S. manufacturing establishments find new locations to relocate or expand.
Arkansas Business Data*

Arkansas

Population: 2,889,450
Total Labor Force: 1,328,000
Unemployment Rate: 7.3%
Number of Manufacturers: 3,267
Manufacturing Jobs: 186,635
Right to Work: Yes
Unemp. Ins. Tax: 1.211.1%
 
Corporate Income Tax:
Tax on net income: 1% on 1st $3,000; 2% on next $3,000; 3% on next $5,000; 5% on next $14,000; 6% on next $75,000; 6.5% over $100,000

Sales Tax:
6%. Exemptions include: Machinery used directly in manufacturing; pollution control equipment.; natural gas and/or electricity used in the manufacture of following materials/products: aluminum by electrolytic reduction process, glass, chlorine and other chemicals using a chlor-alkali process, and tires. Partial exemption on manufacturers' use of natural gas and electricity for other materials.

Property Tax:
State collects no property taxes. Properties are taxed on the city and county level based on 20% of truer market value and the average value of manufacturers' inventories based on millage rates in a given school district.

Leading Manufacturing Industries:
(by % of total manufacturing employment)
26% Food and kindred products
8% Industrial machinery and equipment
8% Fabricated metal products
7% Transportation equipment
6% Rubber and miscellaneous plastic products

Largest Manufacturing Establishments:
(by number of employees)
Wal-Mart Stores, Inc. (Bentonville) - 5,000
Tyson Foods, Inc. (Springdale) - 4,200
Southwestern Energy Co. (Conway) - 3,000
Tenaris-Hickman Corp. (Blytheville) - 2,300
Dassault Falcon Jet Corp. (Little Rock) - 1,800
 
Counties with the Most Manufacturing Jobs:
Pulaski - 24,828
Washington - 20,695
Benton - 18,171
Sebastian - 12,706
Mississippi - 8,633

Cities with the Most Manufacturing Jobs:
Little Rock - 14,729
Springdale - 14,196
Fort Smith - 12,341
Conway - 7,403
Rogers - 6,932

Manufacturing Related Business Incentives:
Biotechnology Development Credit
Advantage Arkansas Job Creation Credit
"Tax Back" Sales Tax Refund for expanding eligible businesses and "Tax Back" Sales Tax Refund for targeted businesses
Research & Development with Universities Tax Credit
Manufacturers' Investment Tax Credit
Emerging Technology Development Tax Credit
Existing Workforce Training Act Tax Credit
Enterprise Zone Program
Youth Apprenticeship Training Program
Arkansas Community and Economic Development Program (ACEDP)
State Community Development Block Grants
Industrial Revenue Bonds
Economic Infrastructure Fund
ASTA Investment Fund
Venture Capital Investment Fun
Tax Increment Financing (TIF)
Arkansas Risk Capital Matching Fund


Economic development agencies, chambers of commerce, and other organizations and businesses to help with your relocation or expansion:

Dardanelle Area Chamber Of Commerce
Fostering a healthy and sustainable business climate.
P.O. Box 208, Dardanelle, AR 72834 (Map & Aerial View)
(479) 229-3328

Fort Chaffee Redevelopment Authority
Chaffee Crossing is the premier economic development engine of Arkansas at the center point of the nation's crossroads. It is a unique place on the map where natural resources, transportation, affordable living and national history converge to create an exciting mixed-use environment for work, play, exploration and learning.
7020 Taylor Ave., Fort Smith, AR 72916 (Map & Aerial View)
(479) 452-4554
(479) 452-4566 Fax
www.chaffeecrossing.com




Looking to reach Arkansas manufacturers? Access the Arkansas Manufacturers Database compiled by MNI.



*Manufacturing stats updated on 3/18/2014. All other stats updated on 3/18/2014. Listings updated on 4/23/2014.

a service of Manufacturers' News, Inc. - directories & databases since 1912