Fueling our economic engines
In Arkansas, economic development manifests itself in many ways. In the past 10 days, we’ve seen a constant stream of announcements that will bring good jobs and new opportunities to our State. Each of these also illustrates approaches we us in powering the economic engines that generate success.
Earlier this month, we broke ground on a large expansion for Dassault Falcon in Little Rock. While creating jobs, Dassault has a long-term commitment to Central Arkansas that also helps us attract related companies to the area. That’s one reason why, this past week, we were able to announce the arrival of Beaudet Aviation. Beaudet works on cabin interiors for Dassault, making Little Rock a logical choice for its first North American facility and the jobs that come with it.
While we enjoyed seeing the suppliers of major manufacturers making their way to Arkansas, we also were delighted to break ground for our next major manufacturer in Northeast Arkansas. Big River Steel in Osceola is the single largest economic investment in Arkansas history at $1.3 billion. The project will employ 2,000 people for the construction phase, and provide 500 permanent jobs that pay well. Big River Steel was the first superproject approved under Amendment 82 of