Energy Archive

APEI Gets $3.5M Contract to Develop Fighter Jet Power Modules

by Mark Carter 4/23/2014 09:24 am

Arkansas Power Electronics International of Fayetteville has been awarded a $3.5 million contract by the U.S. Air Force to develop a high-temperature, silicon-carbide power module for the F-35 Joint Strike Fighter.

Making Chumps of the People (Editorial)

by Arkansas Business Editors 4/21/2014 12:00 am

The actions were enough to get the two fired from the utility but not enough to take them to trial. Now, we're not lawyers, but apparently in some cases it's legal to cheat your employer as long as you didn't mean to.

New Allens Inc. Owners Offer Big Plans with Siloam Springs

by Arkansas Business Staff 4/21/2014 12:00 am

Siloam Springs officials are trying to figure out how to help Allens Inc. efficiently dispose of wastewater generated by increased production at “Plant 1” outside the city limits.

April Beige Book Reports Overall Activity Down Across Arkansas, 8th District

by Mark Carter 4/16/2014 01:30 pm

The April book reports a net decrease in manufacturing activity across the district, a decrease in residential real estate activity, mixed results in commercial real estate, and a decrease in lending from district banks.

Deadline to Nominate for Arkansas Export Awards is April 30

by Mark Carter 4/16/2014 09:46 am

The awards honor Arkansas businesses that excel in the international marketplace, and will be presented at a Governor's Mansion luncheon on May 22. All Arkansas companies that sell in international markets are eligible to be nominated.

More Million-Dollar Homes Sold in Pulaski County During 2013

by Mark Friedman 4/14/2014 12:00 am

Seven-figure home sales in Pulaski County saw a slight increase in 2013. During the year, 14 homes sold for $1 million or more, which compares with either 12 or 13 in 2012.

Therma-Flite Planning $1.6 Million Expansion

by Luke Jones 4/14/2014 12:00 am

Therma-Flite of Benicia, Calif., is planning for an expansion of its El Dorado facility that's expected to cost up to $1.6 million.

Jobless Rates Fall in All Arkansas Metros

by Mark Carter 4/9/2014 09:11 am

Unemployment rates dropped year over year in all seven Arkansas metropolitan areas surveyed by the U.S. Bureau of Labor Statistics, according to data released Wednesday.

UA Energy Efficiency Project Yields Better Than Expected Results

by Lee Hogan 4/7/2014 11:28 am

Early results of a University of Arkansas project, Razors EDGE, aimed at improving energy use on the Fayetteville campus has been better than expected. In 2012-13, energy costs saved 24 percent more than expected, or $715,000.

Lawmaker Jane English Helps Spur Workforce Training Reform

by Jan Cottingham 4/7/2014 12:00 am

State Sen. Jane English has no use for the private option, the Medicaid expansion providing health insurance to the poor. But the Republican lawmaker from North Little Rock saw an opportunity and took it, and what began as an old-fashioned political horse trade — you get my vote, I get something for my constituents — appears likely to evolve into a governor-backed legislative package that next year will seek to transform workforce training in Arkansas.

Nontraditional Benefits, Unusual Perks Growing In Popularity

by Luke Jones 4/7/2014 12:00 am

Increasingly, companies are looking to offer benefits that fall outside the normal range: flexible hours, paid lunches, ice cream on Fridays. These perks might not be mentioned in the company handbook, but they're becoming more important in attracting a new generation of employees and keeping the old ones.

Government, Wal-Mart, Tyson Foods Remain Atop Largest Arkansas Employers List

by Marty Cook 4/7/2014 12:00 am

The names of Arkansas' largest employers remain mostly unchanged from a year ago — and every year. State government is still atop the list with nearly 57,000 employees.

Arkansas Sees 2.2% Rise in State Personal Income

by Arkansas Business Staff 4/7/2014 12:00 am

Average state personal income in the U.S. grew 2.6 percent in 2013, a decline from the 4.2 percent of 2012, according to the U.S. Bureau of Economic Analysis.

Murphy Oil Considers Closing UK Refinery

by Luke Jones 4/4/2014 10:52 am

Murphy Oil Corp. of El Dorado has announced that it was "entering into a period of consultation" regarding the future of its crude oil refinery in Milford Haven, Wales, implying that the refinery may cease operation following the failure of Murphy to sell it.

One Year After Spill, Clinton School Panel Discusses Lessons From ExxonMobil's Pipe Break in Mayflower

by Christina Huynh, The Associated Press 4/1/2014 07:26 am

A year after a major oil spill in a small Arkansas town, a congressman says that while communities believe they are ready for a disaster, there is always something else to do to prepare.

Arkansas' Unemployment Rate at 7.1 Percent in February

by Lance Turner 3/31/2014 09:11 am

The state Department of Workforce Services says Arkansas' unemployment rate dropped two-tenths of a percentage point from 7.3 percent in January to 7.1 percent in February.

Flashbacks of Arkansas Business' First 30 Years (Editor's Note)

by Gwen Moritz 3/31/2014 12:00 am

To celebrate Arkansas Business' 30th anniversary, the staff decided to pull out and reprint some of the stories that we felt were the most important, the most interesting and the most fun. Arkansas Business is still reporting on the state economic scene with business executives as its readership, sticking to its mission of providing the revealing, memorable and important business news available in Arkansas.

Officials Want Key Figure Paul Simmons in BioPlex Project Out

by Ted Wagnon 3/31/2014 12:00 am

​A proposed development that was to have catapulted Arkansas into the forefront of high-technology manufacturing is in disarray now, less than two months after its unveiling.

Despite Name, Arkansas Casino Corp. Operator Closely Tied to Texas, Idaho

by Michael Whiteley and Mark Friedman 3/31/2014 12:00 am

As an officer of Arkansas Casino Corp., the Dallas civil trial attorney feared that what happened in 1998 would happen again. That year, the company failed to round up enough signatures to put an initiative before the voters that would allow it to operate six casinos in Arkansas as well as pave the way for a state-run lottery and legalize charitable bingo.

Andrew Kilgore: Portraits in Black and White

by Arkansas Business Staff 3/31/2014 12:00 am

Beginning with the last issue of 1984 and continuing into 1988, Andrew Kilgore photographed business legends and up-and-comers for the cover of Arkansas Business.