Manufacturing

Big River Steel's John Correnti on Government's Role in Private-Sector Projects? 'Stay Out'
John Correnti

Big River Steel's John Correnti on Government's Role in Private-Sector Projects? 'Stay Out'

John Correnti, chairman and CEO of Big River Steel LLC, has more than 40 years of experience in the steel industry. Big River Steel, a $1.3 billion project, is being built in Mississippi County near Osceola. It's expected to employ more than 525 workers with average yearly compensation of $75,000.
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Superior Industries to Close Plant in Rogers, Leave 500 Out of Work

Superior Industries International, which makes aluminum wheels for automobiles, says it will close its manufacturing plant in Rogers, leaving 500 people out of work.
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Zilkha Biomass Announces $90M Facility, 52 Jobs in Monticello

Zilkha Biomass Energy plans to build a $90 million facility in Monticello that will create 52 jobs. Zilkha says it will make its Zilkha Black Pellet, the first commercially available pellet in the industry, at the Monticello factory.
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Alliance Rubber Stretches Online

Alliance Rubber Co. of Hot Springs has launched a new website at RubberBand.com that allows the company to update and sell its products on a more consistent basis.
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More Manufacturing News

A Closer Look: Arkansas Unemployment and Employment

The unemployment rate in Arkansas fell in June to 6.2 percent, but the number of people employed “continues to be a source of concern,” state economic forecaster Michael Pakko noted recently. read more >

Arkansas Business Presents the 2014 Power List

Arkansas Business introduced “The Power List” in 2006, and after updating it annually for a few years, we decided to spread it out. That means there have been a lot of changes in 20 industries and professions since our last installment in 2011, so we've been doing a lot of rounding up of resumes and photos in the last few weeks. read more >

Clinton Connected With Correnti To Lobby for Big River Steel Plant

John Correnti, the man behind Big River Steel and this week's Executive Q&A, thought he was being pranked when former President Bill Clinton called to lobby Correnti to put his $1 billion-plus steel mill in Arkansas. read more >

Mark Pryor Pitches Jobs Legislation

Democratic U.S. Sen. Mark Pryor is sponsoring legislation to limit tax breaks for companies that move operations overseas and to require most publicly financed projects to use American-made steel and iron as he faces a tough re-election fight. read more >

Deltic Timber 2Q Net Down Against One-Time Gains

Deltic Timber Corp. of El Dorado reports second-quarter net income of $5.3 million or 42 cents per share, down 53 percent from the same time last year. read more >

Green Bay Packaging to Spend $30M for New Equipment at Morrilton Plant

Green Bay Packaging Inc. of Green Bay, Wisconsin, says it will spend $30 million to upgrade equipment, which it says will increase efficiency and production at its Arkansas Kraft Division plant in Morrilton. read more >

Alma Firm Receives Federal Grant for 'Quad Rider'

InvoTek, a research and development firm from Alma, has received a $175,000 federal grant for development of the "Quad Rider," a gear and braking device that helps people with disabilities safely operate a handcycle. read more >

Wal-Mart Execs Naturally Dominate List of Executive Compensation

Top executives at the world's largest company continue to dominate Arkansas Business' annual list of public company executive compensation, starting with the new CEO, Doug McMillon. read more >

Proposal Would Raise Arkansas' Minimum Wage Rate

Arkansas' minimum wage of $6.25 an hour, which applies to all employers with four or more employees, is one of only four state minimums that remain below the federal wage of $7.25 hourly. read more >

Lessons Learned (Editorial)

One of our best additions to the pages of Arkansas Business in our redesign three years ago has turned out to be the weekly Executive Q&A. It's a good way of getting new voices into the paper, voices largely unfiltered by editors because the Q&As are usually done via email and we publish the answers largely as written (though sometimes abbreviated because of space constraints). read more >

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