Arkansas Economic Development Commission

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Arkansas receives numerous honors in economic development trade publications

LITTLE ROCK, Arkansas (May 4, 2015) – Southern Business & Development magazine has released its 13th annual “10 Top Tens” issue, and several Arkansas communities were included among the magazine’s lists of honors. Arkansas communities or individuals were honored in five of the magazine’s ten overall categories.

In addition, Arkansas recently received an honorable mention by Site Selection magazine as a “Top 2014 North American Deal” for the Peco Foods announcement in Corning and Pocahontas, Arkansas. Peco announced an investment of $165 million and 1,000 new jobs combined for the two plants in 2014.

“Strong communities are the foundation for economic success in Arkansas,” said Mike Preston, executive director of the Arkansas Economic Development Commission. “The Arkansas communities honored have created a business climate, workforce and quality of life that continue to bring jobs and investment from new and expanding companies.”

The honors from Southern Business and Development include:

  • The Fayetteville/Springdale/Rogers metropolitan statistical area was named one of the “Ten Sizzling Mid-Market Economies.” The category recognized some of the South’s communities with a population between 250,000 and 750,000.

  • The Little Rock/North Little Rock/Conway area was named one of the “Ten Powerful Economies in the South that Don’t Get Enough National Attention.” The category recognized areas with a population of more than 750,000 residents.

  • The City of Conway was named one of “Ten Comeback Kids.” Since 2000, Conway has experienced some of the nation’s fastest growth in both jobs and population.

  • The City of Little Rock was honored as one of “Ten Great Southern Downtowns” for both large and small populations.

  • Doug McMillion, president and CEO of Walmart, was named one of “Ten People Who Made a Difference” by the publication. A native of Jonesboro, Arkansas, McMillion has been at the forefront of Walmart’s efforts to buy more American-made products, increase employee wages, and establish a new skills-based training program for Walmart associates.

For more information, visit Southern Business and Development’s website at www.sb-d.com or Site Selection Magazine at www.siteselection.com.