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Business Advantages & Key Features
Total Developed Space of Existing Buildings:
Commercial 129,000 SF Garage/Shop 54,000 SF
Hangar 204,000 SF Industrial 345,000 SF
Office 251,000 SF Residential 164,000 SF
Specialty Use 61,000 SF Warehouse 309,000 SF
Townhouse units: 100
Other key features:
Road, rail, and river all within minutes
70-acre tracts available for development
Convenient access to Interstate 55
1 hour 15 minutes to Memphis
Commercial aircraft painting on-site
3 technical training facilities available
Population of 1,000,000 within 70 miles
6 large hangars that can hold up to a DC 10/Boeing 767
Existing jet engine test cell
Large engine maintenance building
All-weather ILS airport with 11,600' X 300' runway
We can also provide you with fast start-up and an available non-union
workforce with exceptional wage rates. The Aeroplex is a large,
developed complex - with all utilities (including a Fiber Park) - in
place, offering the following key features:
1.5 million total SF of building space
2.5 million SF of concrete ramp space
3,771 acres total
1.8 million gallon above-ground fuel farm
Enterprise zone program
State income tax credit for each net new job
Refund of sales and use taxes for new construction or expansion of facilities
Arkansas Enterprise Zone
The Arkansas Aeroplex is a designated Enterprise Zone, which makes most
companies relocating here eligible for certain tax exemptions.
Low-interest industrial development revenue bond financing is available,
a bond guarantee program, as well as venture capital sources.
Industrial Training can be provided through the Mississippi County
Community College, Cotton Boll Technical Institute and other sources.
Special incentives are available through the Arkansas Aerospace Program
for qualified aerospace companies. The available labor force is drawn
from a population of 1,000,000 all located within 70 miles.
Worker's Compenstation
Arkansas has one of the most comprehensive and pro-business Worker's
Compensation packages in the nation. There is an income tax credit for
the purchase of waste reduction, reuse or recycling equipment. The
Arkansas Industry Training Program provides a trained, reliable work
force free-of-charge to both the company and the pre-employment trainee.
Over 43,000 workers have been successfully trained in this program to
date. Arkansas's right-to-work is guaranteed by the state constitution.
Advantage Arkansas
The Advantage Arkansas program provides eligible businesses a corporate
income tax credit for each net new job created. It also provides a
refund of sales and use taxes for materials used in new construction or
expansion of facilities. There is also a sales and use tax exemption on
machinery and equipment used directly in manufacturing or processing.
Arkansas does not have a state-imposed property tax. Arkansas enjoys all four
seasons in moderation.
Taxes
Arkansas has the third-lowest per capita tax burden of any
state in the nation. Companies building in Arkansas enjoy comparatively
low tax obligations through an enticing variety of incentives,
exemptions, credits and refunds.
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