Construction Archive

Newcomers to Northwest Arkansas Refilling Labor Pool

by Marty Cook 8/22/2016 12:00 am

The Arkansas Department of Workforce Services released a report in July that showed Arkansas' seasonally adjusted unemployment rate was 3.8 percent in June 2016. The U.S. Bureau of Labor Statistics reported unadjusted unemployment rates of 3.1 percent for northwest Arkansas and 4.2 percent for Arkansas.

Issue 3: A Job-Luring Amendment, or Corporate Welfare?

by Mark Friedman 8/22/2016 12:00 am

If Arkansas voters approve an amendment to the state Constitution in November, supporters say it will help bring more companies and jobs to the state. Opponents say it's corporate welfare.

Central Arkansas Housing Market Responds to Decline in Household Size

by Arkansas Business Staff 8/22/2016 12:00 am

As homeownership in the United States and in Arkansas has declined, the nature of the housing market has changed, notes a recent report by Metroplan, the federally designated planning agency for Pulaski, Faulkner, Saline and Lonoke counties.

Traveling the Globe in Search of Jobs (Mike Preston Commentary)

by Mike Preston 8/22/2016 12:00 am

Over the last year, your Arkansas Economic Development Commission has traveled almost 20,000 miles around the world searching for good-paying jobs for the people of Arkansas. It's a reflection of the times in which we live. Ours is a global economy, and the competition for new jobs is no longer with surrounding states only, but with every country around the globe.

Arkansas Unemployment Unchanged at 3.9 Percent

by Arkansas Business Staff 8/19/2016 09:42 am

Arkansas' seasonally adjusted unemployment rate was unchanged at 3.9 percent in July, according to a report Friday by the state Department of Workforce Services.

Pinnacle Foods to Add New Line, 25 Jobs at Fayetteville Site

by Arkansas Business Staff 8/18/2016 03:59 pm

Pinnacle Foods Inc. plans to expand its food manufacturing plant in Fayetteville by adding a new brand line called EVOL.

Group Buys Legacy Hotel for $2.85M, Plans $5M in Renovations

by Alexis Hosticka 8/17/2016 04:34 pm

Newly created SHG Management LLC of Sherwood recently purchased the Legacy Hotel in downtown Little Rock for $2.85 million and plans to spend another $5 million on renovations.

SPONSORED: New Regulations Affect Trustees Of Retirement Plans

by 8/17/2016 08:29 am

A retirement plan review with experts can reduce risk and maximize benefit to employees.

JBU Opens $6M Health Education Building

by Alexis Hosticka 8/15/2016 11:00 am

John Brown University celebrated the opening of its new $6 million, 20,000-SF Health Education Building with a ribbon cutting ceremony Monday morning.

Power and Pain of Consensus (Barry Goldberg On Leadership)

by Barry Goldberg 8/15/2016 12:00 am

Mainstream, action-oriented leadership thinkers tend to hate the idea of consensus, opting instead for rapid-fire, quick-decision meetings. The efficiency of pushing quickly for a clear path forward is hard to resist; however, it often steps over or forces underground the kind of resistance that will kill a new idea or initiative — but usually not until most of the time and money are spent.

Unemployment Rates in Arkansas Cities Vary Widely

by Arkansas Business Staff 8/15/2016 12:00 am

Unemployment rates rose slightly in Arkansas metro areas in June, but rates are still lower than a year ago, notes Michael Pakko, chief economist at the Institute for Economic Advancement at the University of Arkansas at Little Rock.

EDA Awards $1.4M in Grants to Northwest Arkansas

by Arkansas Business Staff 8/12/2016 02:56 pm

The Economic Development Administration of the U.S. Department of Commerce announces a trio of grants totaling $1.4 million to three recipients in northwest Arkansas.

Richardson Properties to Build $150M Complex in North Little Rock

by Sarah Campbell 8/11/2016 10:43 am

Richardson Properties LLC of North Little Rock announced on Thursday that the city's planning commission has approved its $150 million multi-family "The Pointe North Hills" development near Interstate 40 and North Hills.

18 Cities See Increased ATBI Ratings in Latest Report

by Arkansas Business Staff 8/9/2016 11:20 am

Eighteen of the 20 cities on the Arkansas Tech Business Index saw their rating increase following the compilation of data for May 2016. Just one month earlier, 15 of the 20 cities on the index experienced a rating decrease.

Welspun in Little Rock Gets $47M Diamond Pipeline Order

by Kyle Massey 8/8/2016 01:57 pm

Welspun Tubular LLC of Little Rock has landed an order for more than $47 million in coated 20-inch pipe for the Diamond Pipeline, a 440-mile project to move crude oil from Cushing, Oklahoma, to Memphis.

David's Burgers Now Looking Toward Fall Opening in River Market

by Arkansas Business Staff 8/8/2016 12:00 am

David “Alan” Bubbus, owner of the Little Rock mini-chain David's Burgers, is hoping to open the David's in the River Market in September or October. But first he has to finish converting an outdoor seating area into a common area for visitors to Ottenheimer Market Hall.

Ten Arkansas Business Icons Have Stories to Tell

by Gwen Moritz 8/8/2016 12:00 am

Arkansas Business presents these ten Arkansas business icons as a way to acquaint readers with the personalities behind some of the most familiar names in our state's business community.

US, Arkansas Homeownership On the Decline

by Arkansas Business Staff 8/8/2016 12:00 am

Although the housing market continues to recover since the Great Recession, the rates of homeownership remain below peak levels both in the United States and in Arkansas.

FedEx Development Delivers $31.7M Deal (Real Deals)

by George Waldon 8/8/2016 12:00 am

Wilark LLC, an affiliate of Realtech Construction Co. of Los Angeles, bought the 311,684-SF FedEx Ground facility in southwest Little Rock.

Asa Hutchinson Announces Appointments to Boards, Commissions

by Arkansas Business Staff 8/5/2016 02:37 pm

Gov. Asa Hutchinson on Friday announced appointments to boards, commissions and other groups.