Northeast Arkansas Could Benefit from Auto Plant - KAIT Jonesboro, AR - Region 8 News, weather, sports

Little Rock

Northeast Arkansas Could Benefit from Auto Plant

September 19, 2002
Posted at: 2:45 p.m. CDT

ASSOCIATED PRESS

LITTLE ROCK, Ark. -- A Kentucky community that became home to a Toyota auto plant 16 years ago has seen broad economic benefits from the factory.

East Arkansas officials can look to a study of that plant to help plan for the possibility of a similar facility opening shop in Crittenden County. A site near West Memphis is one four locations in the South being considered by Japan's largest automaker.

In 1986, Toyota started work on its plant in Georgetown, Ky., and a 1999 study by the University of Kentucky's Centerfor Business and Economic Research shows how far the economic impact reaches. Numerous business were started in the area; some as suppliers to the plant, and others drawing on the resulting uptick in the economy.

The state gave the plant $147 million in incentives, and the study says that sum was more than made up in five years.

Economic development officials in Arkansas have been tight-lipped about the prospect of landing the plant.

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • Charges dropped against man accused in 2016 murder of Malden man

    Charges dropped against man accused in 2016 murder of Malden man

    Thursday, July 27 2017 2:00 PM EDT2017-07-27 18:00:44 GMT

    The charges against one of two people accused of murder in the September 2016 death of a Malden, Missouri man have been dropped.

    The charges against one of two people accused of murder in the September 2016 death of a Malden, Missouri man have been dropped.

  • BREAKING

    More info released in Izard Co. death investigation

    More info released in Izard Co. death investigation

    Wednesday, July 26 2017 2:12 PM EDT2017-07-26 18:12:44 GMT
    Thursday, July 27 2017 2:00 PM EDT2017-07-27 18:00:20 GMT
    (Source: Raycom Media)(Source: Raycom Media)

    The Izard County Sheriff's Office is investigating the death of a man in the Dolph community.

    The Izard County Sheriff's Office is investigating the death of a man in the Dolph community.

  • breaking

    JPD: Missing man reported seen in Alabama

    JPD: Missing man reported seen in Alabama

    Wednesday, July 26 2017 9:24 PM EDT2017-07-27 01:24:01 GMT
    Thursday, July 27 2017 12:30 PM EDT2017-07-27 16:30:26 GMT
    A silver alert has been issued for James A. Whiteside of Jonesboro. (Source: ASP)A silver alert has been issued for James A. Whiteside of Jonesboro. (Source: ASP)

    Police say a missing Jonesboro man may have traveled all the way to Alabama.

    Police say a missing Jonesboro man may have traveled all the way to Alabama.

Powered by Frankly