Companies seeking to invest in large projects prioritize ready sites and available energy, according to five national site selection consultants.
Financial incentives serve as a "coupon" to encourage selection of a site over competitors, as noted by the consultants at a Power Up Little Rock luncheon.
Financial incentives act as a "coupon" to encourage them to select a site over their competitors.
The event, hosted by the Metro Little Rock Alliance at the Clinton Presidential Center, featured consultants from the Site Selectors Guild, a group of about 70 nationwide economic development consultants.
Arkansas is ahead of some states in working with schools to develop its workforce, according to the consultants.
Author's summary: Consultants highlight ready sites and energy as key factors.