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Arkansas Economic Development Commission allowed state tax credits for ineligible, undocumented expenses, audit official says

The Arkansas Economic Development Commission allowed ineligible or undocumented expenses of several companies to count toward more than $4 million in state income tax credits awarded as part of research and development programs, an Arkansas Legislative Audit official told state lawmakers Friday. ....

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Arkansas Economic Development Commission allowed state tax credits for ineligible, undocumented expenses, audit official says | The Arkansas Democrat-Gazette

The Arkansas Economic Development Commission allowed ineligible or undocumented expenses of several companies to count toward more than $4 million in state income tax credits awarded as part of research and development programs, an Arkansas Legislative Audit official told state lawmakers Friday. ....

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Boyd Metals Expanding at LR Port, Will Add 20 Jobs

Boyd Metals has announces plans to expand its facility at the Port of Little Rock, adding 40,500 SF for processing equipment and increased inventory and making room for 20 new jobs. ....

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Cypress Cold Storage to Open Springdale Facility

The 207,285-SF facility will include a blast freezer, multiple convertible freezers and max density racking that will allow for more than 22,000 pallet positions. ....

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Federal Metal Co. Plans $18M Facility in North Little Rock

The 160,138-SF facility will be the company s first in Arkansas. It s expected to be operational in mid-2023. ....

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