The mission of the Clarksville Regional Economic Development Organization (CREDO) is to work with partners throughout the local community, region, and state to help existing businesses grow and strengthen their sustainability, as well as to attract new businesses to the area. These partners include the local municipalities, Johnson County, the Clarksville Light & Water Company, the Arkansas Economic Development Commission, the West Central Arkansas Planning & Development District, the Arkansas State Chamber, the Fort Smith Regional Alliance, the Arkansas River Valley Alliance, regional higher education institutions and numerous others.
An economic Strategic plan was commissioned in 2009 to influence and prepare for future growth. The area is fortunate to have a major interstate, a major river and class -1 rail line all passing through the Clarksville city limits. The cost of living is extremely attractive to employers and employees alike. The city owns its own electric, water and sewer company and has appropriated a percentage of local tax revenues towards economic development efforts and incentives or job creation and capital investment. All of these factors substantiate Clarksville’s ability to meet its existing and future employer’s industry and business needs and make it a very favorable place to do business.