Unrivaled economic impact
In addition to the aerospace industry, Mississippi County is the top steel-producing county in America. Since 2003, the easternmost county in the state has seen more than $9 billion in capital investment from companies who have chosen to locate there, bringing with them the creation of more than 9,000 jobs.
Arkansas Northeastern College leads the region in workforce training and has emphasized the creation of customizable curricula for local employers. It offers aviation maintenance classes and can build workforce training to suit the needs of companies that invest in Mississippi County.
To further incentivize employees to Mississippi County, the county launched “Work Here. Live Here,” an innovative housing initiative that offsets as much as $50,000 toward the purchase of a new home in Mississippi County. Over the past 20 months, the program has helped 100 residents, many of them first-time homeowners, purchase a new home.
With much room to grow, local companies willing to invest in the community, and its eager and capable workforce, Mississippi County and the Arkansas Aeroplex are poised for significant future expansion. Today, the Arkansas Aeroplex’s economic impact on the state economy is valued at $16.3 million.
Data from the Arkansas Aeronautics Commission shows that the Aeroplex is generating roughly three times the average amount compared to general aviation airports in the state — and the potential continues to expand.
“The Arkansas Aeroplex is the next piece of the puzzle. We believe it is poised to become a significant economic driver for the region. With our ongoing efforts to recruit companies in the aerospace industry, we are not only looking to boost the local economy but also position the Aeroplex as a hub of innovation and growth, similar to what we’ve done with the steel industry,” Harrison said.