Hitting the Bullseye
The Industry at a Glance
- Home to the Duck Hunting Capital of the World: Stuttgart, Arkansas
- 3rd in economic output per capita in the arms and ammunition industry (Source: National Shooting Sports Foundation)
- 3rd Most Gun-Friendly State (Source: Ammo.com)
- 3rd Largest Exporter of Firearms and Ammunitions in the U.S. (Source: Global Trade Atlas, 2023)
- 8 pro-gun bills passed into law during the 2023 legislative session
- $2.3B in economic output
INFRASTRUCTURE
- Three U.S. interstates connecting east and west coasts, and the Canada and Mexico borders
- 16,418 miles of state and U.S. Highways – 12th largest system in the U.S.
- Eight intermodal freight facilities with four riverports
- 2,542 miles of Class 1 rail systems
- #3 in the nation with 1,000 miles of inland, navigable waterways
- Approximately 100 public airports including Clinton National, Northwest Arkansas National, and close proximity to Memphis International and the Fed-Ex hub
Well-trained workforce
- 7th highest percentage of manufacturing employment (Source: Business Facilities)
- 1.36M skilled and trained workforce
- 12% of Arkansas’ workforce is employed in manufacturing
- 8,400+ people employed in the arms and ammunitions industry.
Business Climate in Arkansas
- #3 Least Expensive State for Starting a Small Business (Source: SimplifyLLC)
- #2 on the Cost of Living Index (Source: C2ER)
- 7th highest percentage of manufacturing employment (Source: Business Facilities)
EDUCATION
- 50 colleges, universities & 2-year colleges throughout Arkansas
- 2,100+ engineering degrees awarded each year
- 150k+ students enrolled at an Arkansas institution of higher learning
- Black River Technical College is 1 of only 11 accredited gunsmithing programs in the US – and the only institution connected to a law enforcement training academy.
- Ozarka College's Precision Machining program prepares students for a career in manufacturing, providing them with skills in manual machining and operation of CNC mills and lathes.
Firearms & Ammunition Industry
Executive Overview
Arkansas is Primed for Success
Home to the duck hunting capital of the world and the 3rd most gun-friendly state, Arkansas is the natural choice for firearms and ammunition companies to find success.
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Arkansas Ranks No. 8 for Cost of Doing Business
October 16, 2019Area Development magazine released its 2019 Top States for Doing Business survey. To determine the rankings, Area Development interviews site selection consultants in twelve categories.
Arkansas was ranked favorably by some of the nation’s top site selection consultants as a business-friendly state.
Arkansas received high marks, ranking Top 10 in several categories. They are:
- Overall Cost of Doing Business: No. 8
- Cooperative & Responsive State Government: No. 7
- Favorable General Regulatory Environment: No. 7
- Speed of Permitting: No. 6
On the Cooperative & Responsive State Government category, Area Development noted that “Arkansas, one of the states tied for seventh place in this category, stresses its single point of contact to make the process as easy as possible and its philosophy of seeking and removing burdens and hurdles from the path.”
Arkansas is proud to have a low cost of doing business. We have been ranked in the top 10 for 3 years for low cost of doing business, and it is making the difference for companies located here.
For example, founder of Bond.AI, Uday Akkaraju said “Capital, talent and a cost-effective environment...a young company needs all these three things to grow rapidly. You either get one or two of those things in cities like San Francisco and New York. I believe Little Rock is the only city in the U.S. that provides all three in perfect proportions. It truly is an unexplored goldmine for startups.”
At AEDC, we know economic advancement doesn’t happen by accident. We work strategically with businesses and communities to create strong economic opportunities, making Arkansas the natural choice for success. Here are some examples of businesses that are thriving!
Arkansas offers a range of competitive incentives for businesses looking to open, expand or relocate.
