$1 Billion Project Headed to Arkansas?

Grant Tennille teased during a Friday panel discussion in Rogers that the state is looking for what could be the largest private-sector economic development announcement in the Arkansas’ history.

“It will be well north of $1 billion,” Tennille, executive director of the Arkansas Economic Development Commission, said Friday (Oct. 5) of the possible investment.

Tennille was one of four panelists to talk about politics, policy and business with members of the Northwest Arkansas Emerging Leaders at the meeting held at the World Trade Center building in Rogers.

The other panelists were Kathy Deck, director of the Center for Business and Economic Research at the University of Arkansas; Clint Reed, with Little Rock-based Impact Management Group; and Michael Tilley, editor and an owner of The City Wire (www.thecitywire.com).

Tennille did not say if the development would be new or an expansion of an existing company, and he did not disclose how many jobs would be created. He did say Arkansas is competing with only one other state for the deal, and added that company officials have said they are spending considerably more time in Arkansas than the other state. Click here to read the full story from our partners at TheCityWire.com