Arkansas Economic Development Commission

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AEDC Podcast with Mike Preston - How Castro Will Affect Cuba and Arkansas

December 28, 2016

AEDC Podcast with Mike Preston

AEDC Executive Director Mike Preston recently sat down with Mark Raines to discuss opportunities for Arkansas companies and growers to do business with Cuba. The discussion also includes reaction to Fidel Castro’s death and what this could mean for U.S. and Cuba relations.

LISTEN NOW

 

AEDC and Governor Asa Hutchinson Announced 790 Jobs in Third Quarter

October 21, 2016

Throughout his term, Governor Asa Hutchinson has worked to meet his “11 Promises” to the people of Arkansas. One of those promises is to see economic growth through agreements with new and expanding businesses in Arkansas. AEDC and Governor Asa Hutchinson recently announced the details of another exceptional quarter for the Arkansas economy. With 790 jobs created and $254 million invested, it is easy to see that businesses from all industries are seeing what Arkansas has to offer and that economic growth is happening throughout the state. For more details on last quarter and strides made in Arkansas business development, see the infographic.​

The Rise of 'Made by China' in America

October 13, 2016

Chinese investment in the United States is nothing new, but as the country’s middle class continues to grow, Chinese businesses are spending millions of dollars on expansions in the U.S., including Arkansas. This CNBC article from 2015 explains how the country is increasing its foreign direct investment in the United States and working to reposition its image as high-quality brands become increasingly more important to China’s middle class.

Traveling the Globe in Search of Jobs

October 12, 2016

Mike Preston Commentary

This article was originally published by arkansasbusiness.com on August 22, 2016.

Over the last year, your Arkansas Economic Development Commission has traveled almost 20,000 miles around the world searching for good-paying jobs for the people of Arkansas. It’s a reflection of the times in which we live. Ours is a global economy, and the competition for new jobs is no longer with surrounding states only, but with every country around the globe.

We’ve been to France, Japan, Cuba, China and Britain. In the past 18 months, we’ve visited Germany twice, and in July we opened our European economic development office in Berlin, which will provide us with greater access to European governments and business leaders.