Local Major Employers
Company Employees Product
Albemarle 639 chemicals-industrialorganic
CMC Steel 150 bed frames and fence post
Deltic Timber 250 lumber
Weyerhaeuser 282 hardwood veneer & plywood
Southern Aluminum 215 aluminum tables
SAPA 120 shower doors & enclosures
Hixson Lumber 158 sawmill-wood fences
Southern Arkansas University 360 higher education
Regional Major Employers
Company Employees
Lion Oil 648
Chemtura 470
Murphy Oil 405
Anthony Forest Products 370
AmerCable 285
Clean Harbors 250
Aerojet Rocketdyne 611
Raytheon Missile System 130
Spectra Technologies 205
Lockheed Martin 678
General Dynamics 240
Logistics
Port of Tulsa:
Distance: 323 Miles
Website:www.tulsaport.com
Port of Little Rock:
Distance: 140 Miles
Site: www.lrport.dina.org
Port of Camden:
Distance: 34 Miles
Port of El Dorado:
Crossett Port Authority:
Distance: 70 Miles
Website:seaport.findthebest.com
Port of Shreveport:
Distance: 83 Miles
Site: www.portsb.com
Port of New Orleans:
Distance:383 Miles
Site: www.portno.com
Port of Houston:
Distance: 323 Miles
Site: www.portofhouston.com
Memphis Airport:
Distance: 283 Miles
Site: www.mscaa.com
Little Rock Airport:
Distance: 140 Miles
Site: www.fly-lit.com
Texarkana Airport:
Distance: 45 Miles
Site: www.txkairport.com
Magnolia Airport
South AR Regional Airport:
Distance: 26 Miles
Site: http://www.airnav.com/airport/KELD
Shreveport Airport:
Distance: 66 Miles
Site: www.ci.shrevport.la.us/dept/airport
Dallas / Fort Worth Airport:
Distance: 254 Miles
Site: www.dfwairport.com
Houston Airport:
Distance: 277 Miles
Site: www.fly2houston.com
New Orleans Airport:
Distance: 286 Miles
Site: www.flymsy.com
Demographics
Incentives & Taxes
Incentives
The Magnolia Economic Development works with business prospects to identify and package local, state, and/or federal programs that use aggressive business incentives to make projects financially viable. These innovative programs and incentives help develop thriving businesses, support job creation and foster a vibrant economy in the Magnolia, Arkansas region. To learn more about our flexible local incentives that can be tailored to a company’s needs, please contact Magnolia Economic Development at 870-234-4352. The Arkansas Economic Development Commission is also able to provide financial support through an array of financial assistance and tax credit programs. To learn about the latest incentives offered, please visit their website.
Taxes
Sales Taxes:
State: 6.00 cents/dollar
County: 1.5 cents/dollar
City: 2.375 cents/dollar
Current Millage Rate:
Average Property Tax Millage Rate in Columbia County: 44.22 mills*
* Data obtained from the Arkansas Assessment Coordination Department
Utilities
The MED is committed to helping regional businesses achieve permanent utility savings while enhancing safety and reliability.
We work with local utility companies to educate area businesses on incentives and programs that are offered for optimum efficiency.
The utility companies that provide services to the Magnolia region are listed. Please visit their sites to learn about the latest offerings.
Magnolia Region Utility Providors
Electricity: Entergy Arkansas
Natural Gas: CenterPoint Energy
Telephone: AT&T
Suddenlink
Internet/ Fiber Optics: AT&T - DSL & Fiber optic lines available
South Arkansas Telephone Company
Ethernet for voice & data, 25 MBS / 10 Gb
Suddenlink Cable/Communications
Water: Magnolia Municipal Water System
Capacity: 5 MGDAverage
Usage: 2.0 MGD
Available: 3.0 MGD
Sewer: Magnolia Municipal Wastewater System
Capacity: 2.5 MGD
Average Usage: 1.5 MGD
Available: 1.0 MGD
Education & Training
The Workforce of the Magnolia, Arkansas region is made up of a distinct and diverse labor pool that is well-educated and highly skilled.
Southern Arkansas University is located in the heart of Magnolia and offers more than 80 degree programs in four distinct colleges and the School of Graduate Studies. SAU offers training for numerous technical certifications as well and the Workforce of the Magnolia region is ready to accept the training necessary to excel in any profession.
Southern Arkansas University Tech
SAUT will customize training to meet the workforce needs of your company. Magnolia Economic Development partners with the state to offer training at no cost to our companies.
Automated & Robotic Engineering
Computer Information Technology
Electronics & Instrumentation
Environmental Science
Fire Emergency & Response
Fire Science Management
General Technology
HVAC-R
Mechanical Maintenance
Office Management
Professional Studies
Supply Chain Management
Welding Academy
Welding Process Specialist
Southern Arkansas University Tech is a comprehensive two-year college of the Southern Arkansas University System. SAU Tech offers a variety of associate degree and certificate programs designed for students who plan to enter the workforce, transfer to a university, or upgrade their skills in a specific area. Classes are conveniently scheduled and many of the courses are offered via the internet, allowing even more flexibility for students.
In addition, SAU Tech operates the Arkansas Fire Training Academy, providing training to firefighters throughout the state as well as the Arkansas Environmental Training Academy, which also has a statewide mission of training individuals in the fields of wastewater and solid waste.
The SAU Tech Career Academy provides a variety of career technical education programs to high school students and operates in conjunction with the high school concurrent credit programs.
SAU Tech provides adult basic education and GED preparation through the Calhoun County, Cleveland County, Columbia County, Dallas County, and Ouachita County Adult Education Centers.
The business and industry training division provides customized training for the area's companies and is a partner with the Arkansas Department of Economic Development in assisting businesses with their economic development needs.
Existing Industry
Magnolia Economic Development places a strong emphasis on working with our existing employers in the Magnolia area. In fact, nearly 15% of MED’s budget is dedicated to business retention and expansion (BRE) expenditures.
We offerer local and state training incentives that enhanced the skills employees of existing companies in classes chosen solely by local HR managers.
MED is committed to training our workforce. We have the ability to customize training for your company. After the ribbons have been cut and the initial public excitement fades, Magnolia Economic Development will continue to make sure our resources are availiable to you so that your company can be as productive and profitable as possible.