Arkansas Stories and Impact

State Fact Sheet

Note: the jobs totals in this fact sheet are through 2015 and they include a combination of direct, indirect, and induced FTE jobs and construction jobs. The “total investment” number refers to the total project investment (not NMTC allocation) in the state through the second quarter of 2020.

We are a recipient of an NMTC transaction. It enabled us to buy an existing manufacturing company and save 130 jobs in rural Arkansas.

-Mike Akin, President/CEO, Akin Industries, Monticello, AR Tweet This

Community Testimonials​

Arkansas NMTC Videos

Arkansas NMTC Stories

2020

Heber Springs, AR 

Expansion of an existing facility and the purchase of new equipment for an automobile parts manufacturer in Heber Springs, AR….
2020

Jonesboro, AR 

The project will construct and equip a peanut shelling plant and buying point warehouse in Jonesboro, AR. The company is owned by a co-op…
2020

Warren, AR 

Oasis Trading is a small lumber manufacturer. The project provided the Company with funds for inventory purchases, working capital, and debt consolidation to provide…
2020

Magnolia, AR 

LB Amfuel is a fuel cell manufacturer. The project provided the Company with working capital and restructured existing debt to allow the Company more…
2016

Springdale, AR 

New building/equipment for an existing manufacturer of air conditioning components….
2011

Rogers, AR 

Open Avenues, a 501(c) that fosters independent living and work skills for disabled adults, used a $6.5 million New Market Tax Credit allocation to…
2017

Rogers, AR 

The former Lane Hotel at Second and Poplar streets downtown was renovated for one of Haas Hall Academy’s newest campuses….
2017

Pine Bluff, AR 

Construction of a biomass pellet facility. 30% of workforce to be filled by prisoner return to work employees through second chance program….
2017

Osceola, AR 

Finance working capital needs related to equipping development and operations facility for handling and processing slag and scrap metal and performing other services to…
2015

Osceola, AR 

New Markets Tax Credits are helping to revive a rural community in Northeastern Arkansas, providing the necessary capital for a highly distressed river town…
2019

North Little Rock, AR 

NMTC brings first new manufacturer to industrial park in almost fifteen years….
2017

Nashville, AR 

Husqvarna Forestry Products N. A., Inc. (“Husqvarna”), a manufacturer of lawn and garden products, was expanding its facility located in rural Nashville, Arkansas, (pop….
2015

Mountain View, AR 

Financing for Excel Boats, one of the country’s premier aluminum boat manufacturers that caters to outdoor enthusiasts….
2019

Little Rock, AR 

NMTC financing for the construction of its new, $15M 60,000 sq. ft. headquarters….
2011

Little Rock, AR 

Construction of a new residential dorm facility, cafeteria, and renovation of Old Main on the campus of Arkansas Baptist College….
2010
New residential facilities have been constructed for the Arkansas School for Mathematics, Sciences and the Arts in Hot Springs by partnering with Bank of…
2006
The Delta Memorial Hospital, based in Dumas, Arkansas, has a long history of providing quality health care services to residents living in rural communities,…
2018

Clarksville, AR 

A CDE helped Scenic Hill Solar construction an additional 2 megawatts in capacity, expanding an existing construction project from 5 MW to 7 MW….