GOVERNOR BEEBE'S WEEKLY COLUMN:HEADQUARTERED AT HOME
On July 13th, I was pleased to join Windstream
Corporation's leaders as the company announced that it will make Little Rock its
permanent headquarters. The telecommunications provider has maintained offices
in Little Rock since the company was created in 2006, but this announcement is
momentous as it will not only save the 300 Windstream jobs currently held by
employees in Little Rock, it will create 210 more.
Windstream is a $4 billion company with 9,500 employees in 23 states. After this
announced expansion, about 1,400 Windstream employees will be based in Arkansas.
The company sells both broadband and landline phone services, with a
concentration in the southeastern United States. Through customer growth and
acquisitions, Windstream has steadily increased its national standing over the
past four years.
We know well the positive ripple effect that new jobs have throughout our
local-and-state economies. These employees and their families eat at Arkansas
restaurants, shop in Arkansas stores, and pay Arkansas taxes, all of which
positively contribute to our bottom line. But locating a headquarters here
broadens the ripple effect.
For years, we've seen the benefits of having the world's largest retailer
headquartered here, as dozens of vendor companies have located to Northwest
Arkansas because of the sheer volume of business they do with Walmart. Even when
a company's entire business isn't headquartered here, it still brings more
people to our region, visitors who may not otherwise enjoy the Arkansas
experience.
When I was a State Senator, I once ran into Alltel founder Joe Ford at Little
Rock National Airport. As we chatted and caught up, we were repeatedly
interrupted by people coming from and going to flights, all of whom knew Mr.
Ford. These people were Alltel employees, traveling to Little Rock from all over
the country on business.
The presence of a headquarters, whether regional, national, or international,
produces a steady flow of visitors who then spread the word about our friendly
people, natural beauty, and the advantageous standard of living Arkansas offers.
The establishment of a corporate headquarters means a higher profile and more
tourism for Arkansas.
When Verizon Wireless acquired Alltel last year, its leaders recognized the
expertise and institutional knowledge already manifest in the Little Rock-based
company, convincing the new owners to keep more employees here than originally
anticipated. What was at first expected to be an 800-employee presence for
Verizon will now be nearer to 2,500. Last December, Allied Wireless
Communications Corporation announced that it, too, would make Little Rock its
corporate headquarters. Like Windstream, these companies are benefiting from the
skilled workforce already here, and in turn, Arkansas benefits by not losing
talented people to competitive jobs elsewhere.
Arkansas is proud to be Windstream's permanent headquarters. It will be another
engine to propel us forward and to spread the word about our State and our
capital city throughout the country. We look forward to more companies making
Arkansas their home, and the chance to celebrate more Arkansas jobs in the
coming months and years.
| Governor Mike Beebe | State Capitol Room 250 | Little Rock, AR 72201 | 501-682-2345 | eMail |