We want Arkansas companies and educators to join the World Trade Center Arkansas & the Walton College of Business delegation for this once-in-a-lifetime opportunity to meet with the leaders of Panama’s most important agencies, including the Panama Canal Authority.
Panama serves as the crossroads of trade for the Americas. Its strategic location as a bridge between two oceans and has made Panama not only a maritime and air transport hub, but also an international trading, banking and services center. The Canal transits nearly 12,000 ships and 250 Million tons of cargo every year.
The U.S. is Panama’s most important trading partner, with about 30% of the import market, U.S. products enjoy a high degree of acceptance in Panama. In 2014, U.S. exports to Panama reached $10.4 billion.
The U.S. transportation industry holds some of the best prospects for exporting to Panama and market opportunities abound.
With the Panama Canal Expansion and a vibrant logistics and supply chain sector, many opportunities are expected for business that are looking to grow or expand in the region.
For more information, visit: https://arwtc.org/panama2018/
The Board of Directors of the Siloam Springs Chamber of Commerce have endorsed the extension of the current 5/8th cent sales and use tax in the May 22, 2018 election. The tax was originally approved by voters in 2006.
At the Board’s regular monthly meeting on March 19, 2018, members heard in-depth explanations of the uses of the funds over the past 12 years for the Waste Water Treatment Plant, as well as the basis for the City of Siloam Springs placing a renewal of the sales and use tax on the ballot for May 22, 2018. Chamber President Wayne Mays stressed that “This is not a new tax; we have been paying it in our purchases for the past 12 years and we have had affordable and reliable waste water treatment during those years. The Chamber supports business and is in favor of smaller government and fewer taxes when possible, but this is an infrastructure need that our businesses and citizens need to address through renewal of a tax that benefits everyone.”
The Water Treatment Plant must receive an estimated $31 million upgrade. Aging equipment between 25 and 60 years old is obsolete, causing costly repairs and maintenance. The most recent upgrade to the plant was in 1992, and not all components were updated. Planned upgrades include a new water line from the Illinois River to the plant. Currently there is no backup should the existing 62 year old line fail. Newer technology will increase the efficiency in treating water; switching from chlorine gas treatment to sodium hypochlorite is safer for the community.
The existing 5/8th cent tax is collected on retail sales, restaurant sales, and services. Non-residents who come to Siloam Springs to shop pay a share of the existing tax. The City paid off the bonds for the previous $20 million debt for the Waste Water Treatment Plant upgrade in 12 years, which was originally a 20-year bond issue.
Voters can choose how to pay for the plant upgrade: by voting to extend the existing 5/8th cent tax or – without an extension of the tax – the other option is to increase water rates for residents and businesses approximately 50%.
Mays also said, “Just as we asked voters to approve the renewal of the 3/8th cent tax in 2016 – to be used for infrastructure and quality of life – our board members see this as a necessary renewal of a tax that will benefit all citizens. We have seen the City keep its’ promises by investing the renewed 3/8th cent tax funds in street upgrades, entrances to the City, and building new parks. We can trust our City Board and Staff to apply this renewed tax to our much-needed waste water facilities.”
The Chamber Board unanimously endorsed the renewal, and urges voters to vote FOR the 5/8th cent sales tax renewal on May 22.
For more information contact Wayne Mays, 479-524-6466, or Patrick Kerrwood, 479-215-3101.
6 Days and counting! The Dogwood Festival is almost here and boy are we keeping busy! This year's Festival is gearing up to be a big success. If you haven't seen it around town, check out our official festival guide, which was revamped this year thanks to the NWA Democrat Gazette. We've attached the file below.
We will also be selling Official Dogwood Festival t-shirts! You can pre-order for your company through A-1 Graphics and we will also have them available at the Chamber Information Tent and the Dogwood Junction tent at the festival for only $10 each! Look for this year's festival logo, pictured above.
Make sure to follow the Dogwood Festival Siloam Facebook page for even more info on the festival including vendors and live entertainment. See you there!
SMALL BUSINESS REVOLUTION HOSTS FREE BUSINESS SEMINAR APRIL 25 IN SILOAM SPRINGS
Siloam Springs, ARK. — The Deluxe corporation, which considered Siloam Springs for its upcoming season of the Hulu-streamed show “Small Business Revolution” is putting on a free small-business seminar in the community.
The one-day event is April 25, 8:30am-3:30pm with lunch included. Space is limited to 280 attendees, and those interested in attending must register as soon as possible at www.deluxe.com/mysiloamsprings. The seminar will be on the John Brown University campus.
“Northwest Arkansas and the state as a whole is full of creative and savvy businesses, but it is intimidating to be an expert in accounting, social media marketing, and everything involved in making a business thrive. I know our downtown Siloam Springs community is ready to take advantage of this opportunity to take a step back from day-to-day business and receive free expert advice and interactive training to take our businesses to the next level!” said Kelsey Howard, Executive Director of Main Street Siloam Springs.
Siloam Springs was one of five finalists among 14,000 cities across the U.S. in the running to be the featured town on Season 3 of Small Business Revolution. Main Street Siloam Springs, the City of Siloam Springs, and the Siloam Springs Chamber of Commerce led an effort in February to encourage Arkansans to participate in an online vote that would determine the winning city. Alton, Illinois received the most votes, but Siloam Springs drew national attention and gained significant local support as a result of the contest.
Deluxe aims to promote small business growth beyond the winning city alone; therefore, Siloam Springs is one of ten cities where Deluxe will put on free small-business seminars for both new and seasoned businesses. Deluxe experts are eager to share insights and suggestions to help small business owners, employees, and entrepreneurs achieve great things!
Attendees will learn how to:
- Get found online locally
- Enhance sales and marketing tools
- Identify and manage the customer experience
- Build a budget and manage finances
In addition, attendees will have the chance to win $1,000 in marketing services.
For more information, business owners should contact Abby Trinidad, Events & Marketing Coordinator of Main Street Siloam Springs. She can be reached at 479.524.4556 (office) or firstname.lastname@example.org
About Main Street Siloam Springs
Main Street Siloam Springs, Inc., a 501c3 organization, is a downtown revitalization program that enacts economic development through historic preservation. An accredited National Main Street Center member, Main Street Siloam Springs works in the areas of design, organization, promotion and economic development to preserve and enhance downtown Siloam Springs as a vibrant destination where the community springs to life.
The Chamber of Commerce held their Open House and Ribbon Cutting on April 6 for their new location at 101 N. Mt Olive St. We appreciated great support from members, past board members and chairs and the community. We would like to thank everyone that attended and invite those that were not able to come to visit our new office anytime.
Patrick Kerrwood, Siloam Springs Regional Hospital CEO and current board chair for the Chamber, had the honor of cutting the ribbon celebrating our new office at 101 North Mt. Olive Street.
A second ribbon cutting was conducted by former board chairs and current Chamber staff. (From left: Katelyn Coon-Director of Events, Kathy Layman-Administrative Assistant, Roger Holroyd-2014 Chair, Shirley Dilbeck-2016 Chair, Michael Shirley-1999 Chair, Don Austin-2017 Chair, Tim McCord-2010 Chair, Wayne Mays-Chamber President, Craig Taylor-1996 Chair, Art Morris-2001 Chair, Trish Houston-2015 Chair, Donetta Samuels-1998 Chair, Randy Torres-2012 Chair, and Laura Campbell-Director of Communications & Membership.)