Did You Know?
Stant Manufacturing's Pine Bluff facility annually produces 18 million fuel and radiator closure caps that are standard on vehicles produced by the major auto makers.
Tax Increment Financing
In November 2000, the voters approved an amendment to the Arkansas Constitution that enables local governments to issue bonds or notes to finance improvements in a redevelopment district. The bonds will be paid back from the increased tax revenue generated as a result of the improvements. A redevelopment district must be in an area that is considered blighted, deteriorated or underdeveloped.