Little Rock celebrated two FinTech announcements in October.
Economic Development News
Little Rock Port Adds 600 Acres Since 2016
In 2011, the citizens of Little Rock overwhelmingly passed a sales tax initiative for the community. As a part of the initiative, the Little Rock Port Authority received $10 million dollars to purchase land for industrial development and job creation. To date, the Port has expended approximately $5 million dollars and acquired 615 acres of land. Another 150 acres are currently ...
Caterpillar Expands with 250 New Jobs
Arkansas Governor, Little Rock Regional and North Little Rock Chambers of Commerce join Caterpillar to detail investment in North Little Rock facility — job fair planned with 250+ new jobs expected.
Chamber Announces Ben France as New Vice President of Economic Development
The Little Rock Regional Chamber is pleased to announce that Ben France has been named Vice President of Economic Development. In this capacity Ben will lead all economic development work for the chamber including new business recruitment as well as existing business expansion and retention. For the past year Ben has served as Director, Business Attraction and Expansion for the chamber. Prior to that, Ben spent five years as a Senior Project Manager in Business Development for the Arkansas Economic Development Commission (AEDC). His duties included managing corporate client new location and expansion site needs in Arkansas while also providing site selection and incentive negotiations with site location consultants across the world.
Foreign-Born Residents Contributed $2 Billion to Little Rock GDP in 2016
Immigrants in the Little Rock metro area contributed $2 billion to the region’s GDP, and paid $157.8 million in federal taxes and $83.8 million in state and local taxes, according to a new research brief released by New American Economy (NAE) in partnership with the Little Rock Regional Chamber and the City of Little Rock. The report was released at a press conference held at the Southwest Little Rock Community Center featuring Mayor Mark Stodola and Little Rock Regional Chamber President Jay Chesshir, among others.