The development of innovative technologies to help meet America’s energy demands has allowed the emergence of an advanced energy sector that now accounts for the employment of more than 25,000 Arkansans, according to a new study released today by the Arkansas Advanced Energy Foundation (AAEF).

The months-long industry survey by HISTECON Associates economist James Metzger of Little Rock identified more than 770 advanced energy companies doing business in Arkansas. These companies report annual sales of more than $1.7 billion and employ about 16,000 workers. Another 9,300 jobs in related industries with $1.1 billion in sales brings total impact of advanced energy on the Arkansas economy to 25,300 workers and $2.8 billion in output, according to the UALR Institute of Economic Advancement.

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