Arkansas’ principal industries are agriculture, business services, forestry, manufacturing, tourism, and transportation logistics. Additional interesting sectors include aerospace and aviation, biosciences, data, distribution and logistics services, firearms and ammunition, healthcare, paper and timber products, smart grid technologies, software development, data management services, and steel production.
The startup scene in Arkansas is booming. A strong talent pool, a growing number of incubators and accelerator programs, and available funding and incentives have created a welcoming environment for entrepreneurs of all types.
Video: Momentum in Arkansas
January 10, 2020The momentum is strong in Arkansas! Companies are placing their confidence in our state. In the past five years, companies have committed more than $10 billion in new capital investments, and that growth has led to more Arkansans working than at any time in our state's history.
The future is bright as we enter a new decade! Our workforce is ready for the expansion occurring in every sector of our economy. This new video highlights some of the recent expansion announcements across Arkansas.
- Structurlam Mass Timber Corporation will create 132 jobs to support the construction of Walmart's new Home Office campus with a $70 million investment.
- DXC Technology will create 1,200 jobs with an expansion in Conway.
- Lockheed Martin will create 326 jobs with a $146 million investment in Camden.
- Aerojet Rocketdyne will create 140 jobs with a $50 million investment.
- Nucor Steel will create 100 jobs with a $230 million investment
- Risever will create 130 jobs with a $20 million investment
- CoorsTek will create 32 jobs with a $26 million investment
