Originally Posted on Talk Business & Politics
Arkansas was the second biggest mover among the best states for attracting new business, jumping 10 spots into 23rd place in Chief Executive magazine’s annual Best & Worst States for Business survey released on Monday.
Chief executives from across the globe again rated Texas as the No. 1 state in which to do business. No. 2-ranked Florida continued to edge up in the qualitative measures. North Carolina, Tennessee and Indiana also made the top five. Ohio, which ranked as the biggest gainer just ahead of Arkansas, rose from No. 22 in 2015 to No. 10 in this year’s survey.
In a special section on the biggest movers, Arkansas ranked behind Ohio by leapfrogging over 10 states to move from its 33rd ranking in 2015 into the top 25.
The article highlighted the state’s recent incentive-laden package in late April to lure China’s Sun Paper conglomerate to South Arkansas to invest more than $1 billion to build a bio-products mill that will create 250 new jobs at an average salary of $52,000 a year.