Did You Know?
Stant Manufacturing's Pine Bluff facility annually produces 18 million fuel and radiator closure caps that are standard on vehicles produced by the major auto makers.
Sales Tax Exemption
The State of Arkansas operates the way businesses do, proactively anticipating opportunities and quickly responding to challenges in innovative ways. This approach, combined with our incentive programs, makes Arkansas a profitable choice for locating or expanding a business.
Arkansas' performance-based incentives are nationally competitive and easy to use. The Arkansas Department of Economic Development (ADED) will focus on your business's specific needs, conduct a cost-benefit analysis and design a tailored incentive package.
Arkansas' incentives, which were updated in 2003, are based on payroll instead of number of jobs and are determined according to location. Counties are divided into four tiers, based on poverty rate, unemployment, per capita income and population growth; incentives are more lucrative in less-developed counties. Tiers are assigned annually on July 1, based on the previous year's statistics.
The new incentives may be combined to allow for more flexibility.
There are special incentives for start-up businesses in six targeted sectors.