Manufacturing

Report: Midwest Economic Index Drops Again

Report: Midwest Economic Index Drops Again

A monthly economic survey index for nine Midwestern and Plains has dropped again. Creighton University economist Ernie Goss oversees the survey, and he says sharp declines in grain and crude oil prices drove down the overall index for the month. He says the index figure points to slow economic gains ahead.
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Pinnacle North Commemorates Expansion, Plans to Hire 25 Employees

Pinnacle North Corporate Aircraft Interiors of Little Rock has invested $1.75 million into the company to quadruple its space and hire an additional 25 employees by the end of 2015.
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Intimidator of Batesville to Manufacture New UTV, Expand Plant

Intimidator Inc. of Batesville will expand its manufacturing plant and add employees to accommodate a partnership with Mahindra USA to manufacturer an all-new line of utility vehicles.
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Anthony Puts Heat on Insurance Company After Sawmill Fire

Anthony Forest Products Co. is hauling its insurance carrier into court for allegedly failing to pay off a claim for a 2013 fire that caused $5.6 million in damage.
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DRA Investing $3.7M in Delta Projects

The DRA estimates the eight Arkansas investments can help create and retain 1,050 local jobs for local residents. The projects include water and sewer improvements for the Big River Steel project in Osceola. read more >

Whirlpool Releases Report on TCE at Arkansas Site

Whirlpool Corp. says in its new quarterly report that chemical injections this year at its closed Fort Smith facility decreased groundwater contamination levels. read more >

Mississippi Could Be Site for $1.2B Aluminum Mill

Mississippi appears to be the favored location for a proposed $1.2 billion aluminum mill that would hire 650 workers. But the company CEO says Arkansas, Tennessee and other states might also be in the running. read more >

Rock Town Distillery Ranked High in 'Whisky Bible'

Little Rock's Rock Town Distillery has been recognized for producing the “2015 US Micro Whisky of the Year” for its Single Barrel Bourbon Whiskey. read more >

Tyson Family Stock Nears $3 Billion; Waltons No. 1 On Top Stockholders List

The second-wealthiest family in northwest Arkansas, the Tysons, saw their stock holdings increase by nearly $1 billion over the past year — an increase of more than 40 percent. read more >

Investment, Jobs Buoy Fort Smith's Chaffee Crossing

Chaffee Crossing, the 7,000-acre Army surplus property in Fort Smith, continues to be a popular development destination in its new civilian life, playing host to a spate of expansion and relocation announcements during the past year. read more >

Cameron Smith & Associates' Mission To Put More Women in Public Company Boardrooms

Diversity on corporate boards has been an issue for years. Most companies recognize that having directors from varied backgrounds isn't simply a theoretical matter of equity; it's a matter of performance. Cameron Smith wants to use the contacts built up over 20 years of helping to put women on corporate boards. And women — particularly in Arkansas — could use his help. read more >

Barbara Goswick, Don Smith Top List of CFO of the Year Honorees

Arkansas accounting professionals took an unaccustomed turn at center stage last Wednesday at the Arkansas Business CFO of the Year Awards luncheon at the Embassy Suites in west Little Rock. read more >

ARK Challenge's Skosay Looks to Open Private Channels for Consumers

Fayetteville's Skosay has developed a private two-way communications channel for customers and businesses to share feedback in real time, and wants to be that next big NWA venture. read more >

Bank Branch Count in Arkansas Dwindles After Mergers

After reaching a peak of 1,513 in mid-2008, Arkansas' branch network had fallen to 1,388 as of this year's summary of deposits, which was released on Sept. 29. A net reduction of 54 branches happened in the 12 months that ended June 30. read more >

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