Foreign Firms Are Reviving Arkansas Manufacturing
They’re making it work. Once hit hard by a post-NAFTA decline in manufacturing, Arkansas is now the beneficiary of hundreds of millions of dollars in foreign direct investment, lending a crucial financial helping hand. It couldn’t have come at a better time: In places like Forrest City, unemployment and poverty have grown since the 1990s, but an influx of Chinese money promises to revive manufacturing and create an abundance of new jobs. Still, some observers question whether the benefits of generous tax breaks will eventually trickle down to ordinary locals.