Arkansas Economic Development Commission

Blog

Gov. Hutchinson Introduces New ArFuture Grant – Gives Arkansans Access to Affordable Higher Education

August 8, 2017

Arkansas Economic Development Commission announces Arkansas future grant program for non-traditional studentsGovernor Asa Hutchinson recently announced the creation of the “Arkansas Future Grant” (ArFuture) for traditional, home school and non-traditional students in Arkansas. This state-funded grant would be available on a first come, first serve basis and provide two years of tuition and fees at an Arkansas community or technical college to any student who enrolls in a high-demand field of study, such as computer science or welding.

Highland Pellets Creates Sustainable Fuel for the Future of Arkansas

August 4, 2017

AEDC discusses Highland Pellets is leading the way as a producer of sustainably sourced biomassAn Arkansas company is blazing the trail in the timber and forest products industry as a producer of sustainably sourced biomass. In April of this year, Highland Pellets delivered its first shipment of sustainable wood pellets to Drax Biomass in the United Kingdom to be used as a coal substitute to power fuel stations. The company’s new wood pellet facility in Pine Bluff, Arkansas, will produce more than 660,000 tons of pellets per year when it reaches full capacity. 

Arkansas Business Incentives Draw Chinese Technology Group

August 1, 2017

AEDC Chinese Technology Group Comes to Arkansas for Business IncentivesShandong Ruyi Technology Group, a privately held textile manufacturer based in China, announced that it will invest $410 million in the former Sanyo manufacturing facility in Forrest City, where Arkansas cotton will be spun into yarn for textile use. The decision will have a significant impact on economic development in Arkansas for both cotton farmers and the surrounding communities, as the facility will create up to 800 new jobs. The new textile plant will be the company’s first expansion in North America.

Arkansas Timber Industry Provides Value with Incentives, Rebates

July 26, 2017

It’s a great time to be in the timber and forest products industry, especially in the state of Arkansas. In addition to an abundance of timber, sustainable resources, and a skilled workforce, companies from around the world are opening facilities in the state because of the added value of forest-products tax and investment incentives, payroll rebates, training programs, and pulp-and-paper industry infrastructure grants. Since January 2015, the state of Arkansas has signed incentive agreements with 29 forest products companies for 17 different locations.

Domtar Corporation Ashdown Mill Boasts $1.9B Industry Impact

July 21, 2017

The Arkansas timber industry can add another company to its growing list of global expansions in the state. Domtar Corporation completed a major expansion of its manufacturing mill with the startup of a newly converted fluff-pulp operation in Ashdown, Arkansas.

Arkansas: Heart of the Nation’s Wood Basket

June 29, 2017

To maintain the forests of the future, there must be a commitment to long-term sustainability and stability of economic growth and production. The timber industry in Arkansas maintains these qualities, as well as comprehensive training programs that produce a skilled workforce, right in the heart of the nation’s “Wood Basket.” 

Healthy Forests - Part 2: Key Components to Sustainable Forest Management in Arkansas

June 27, 2017

A thriving timber industry starts with trees. In Arkansas, we are located in the heart of the nation's "Wood Basket," with 19 million acres covering more than half of the state. But, the Arkansas forestry industry can only be successful where forests are sustainable and properly managed. There three important compenents of sustainable forest management. 

Apptegy Startup Gets $5.7 Million Infusion

June 23, 2017

Apptegy, the Little Rock-based technology startup company, received a $5.7 million investment from Five Elms Capital of Kansas City this year. The company plans on leveraging this investment with a goal of tripling sales from 2016 to 2017. 

Healthy Forests - Part 1: How the Arkansas Wood Basket Escapes Wildfires

June 21, 2017

AEDC highlights the minimal wildfire risk in ArkansasOne of the larger ongoing threats to our nation’s forests and to our timber industry is wildfire. The United States Forest Service (USFS) reports that each year, an average of more than 73,000 wildfires burn roughly 7 million acres of federal, tribal, state and private lands and more than 2,600 structures, and the costs of fighting these fires continue to grow.

Fayetteville Ranked a Top City for Millennial Job Seekers

June 20, 2017

According to a new poll from financial education website Growella, Fayetteville, Arkansas, ranked #15 in the list of top cities to live for millennials.

Pages