The national retailer Tractor Supply Company is building a new store in Walnut Ridge. City officials made the announcement at a Monday news conference at the old Walmart building on US 67B where the business will be located.
The property owned by Williams Baptist College was sold to Dallas-based BG Development, according to the Jonesboro Sun. College officials told KAIT the funds from the sale will be used towards constructing new residence halls.
Mayor Charles Snapp said the new business will create a new tax base and jobs which will be a huge boost for the local economy. The business is expected to bring up to 20 new jobs to the area.
Construction is set to begin sometime this month.