NORTH LITTLE ROCK — Technology integration company Advanced Cabling Systems broke ground Tuesday on an expansion project that it said will allow it to add between 20 and 25 jobs next year at an average salary of over $50,000.
The company plans to build a 1,600-square-foot facility adjacent to its headquarters in the North Shore Business Park in North Little Rock to house its resources division.The facility is scheduled to open in February.
Incentives the company is eligible to receive from the state include a sales tax rebate on construction materials purchased for the project and a corporate income tax credit that is contingent on hiring at least 25 new employees in the next five years.
Advanced Cabling Systems was founded in 1998 and is now the largest technology integration company in the state with about 125 people currently employed. It specializes in the design and installation of access control systems, network cabling, fire, security, closed-circuit television and wireless systems.
At the groundbreaking ceremony Tuesday, guests including Gov. Mike Beebe viewed a demonstration flight of one of the company’s latest products, an unmanned aerial vehicle, commonly known as a drone, that can be used for security purposes.
Beebe said he was pleased that the company is prospering, is spurring increased activity in the state by related businesses and is creating high-paying technology jobs.
“We’ve been pushing technology, mathematics, engineering and science as a basis for the kinds of jobs that will be needed in tomorrow’s economy, and this announcement represents and reflects precisely that kind of work force,” the governor said.
Michael Kennedy, the company’s president, said, “We’re committed to this area through organic growth. We’re going to add products, add employees, and we’re going to be here for the long run.”