Arkansas Business

Forbes Magazine this week ranked two Arkansas regions on its list of "Best Places for Business and Careers."

The list ranked 200 metropolitan areas. Northwest Arkansas ranked no. 28 and central Arkansas ranked no. 32.

"People in both of our regions and around the state are working together to show some of the business advantages to being in Arkansas," Mike Malone, president and CEO of the Northwest Arkansas Council, said in a news release issued by the Arkansas State Chamber. "In both regions, efforts to create high-paying jobs, improve educational attainment and develop regional amenities are paying dividends."

Forbes recognizes northwest Arkansas for being home to 30 companies with annual revenue exceeding $100 million, with major names like Wal-Mart Stores Inc. and Tyson Foods Inc.

Central Arkansas is recognized for a diverse economy and being home to companies like Stephens Inc., Windstream Corp., Acxiom Corp. and Dassault Falcon Jet, as well as nonprofit developments like the Clinton Presidential Center, Winrock International and Heifer International.

"Great states have great regions that work together," Jay Chesshir, president and CEO of the Little Rock Regional Chamber of Commerce, said in the release. "With global competition, it's never been more important to combine efforts to amplify Arkansas' unique position in the world. These rankings are more evidence that our collaborative efforts yield results."