Regional power company to create 35-50 new jobs in Little Rock - KATV - Breaking News, Weather and Razorback Sports

Regional power company to create 35-50 new jobs in Little Rock

Posted: Updated:

LITTLE ROCK - A regional power company announced Wednesday they plan to build an operations center in Little Rock, creating 35-50 highly-skilled, highly-paid jobs.

Midcontinent Independent System Operator (MISO) said the center represents their plan to expand their presence in Arkansas, including a new partnership with Entergy. The facility will serve as the hub for MISO's new Southern Region.

The company plans to hire 35 to 50 highly-skilled employees with an average salary of about $85,000 per year. Compared with similar facilities, MISO expects to invest between $5-8 million in the new facility.

Entergy Arkansas projects savings of $263 million to its customers over the first 10 years of MISO membership.

"MISO's arrival marks the latest set of well-paying, knowledge-based jobs created in Arkansas," Governor Mike Beebe said. "Our innovative programs of cooperation between our higher-education system and the private sector have produced a workforce well-prepared to help MISO succeed."

The company has not yet decided the exact site of the center but, according to a press release, will do so within the next few months. Employees will include MISO real-time operations personnel, market operations staff, customer service representatives, government and regulatory affairs staff, information technology, and key support personnel. It will also include facilities to accommodate training and meetings.

"Little Rock continues to prove it is a great place to do business," said Little Rock Mayor Mark Stodola. "I'm excited about MISO's decision to locate in Little Rock and I look forward to their investment in the Little Rock community. With the addition of these new private sector jobs, Little Rock's future looks stronger every day."