Manufacturing

Spencer Jones Heads Right Down the LineGard

Spencer Jones Heads Right Down the LineGard

It may be a little early to say Little Rock wunderkind entrepreneur Spencer Jones, a member of the 2015 Arkansas Business 20 in Their 20s class, is returning to his roots. But the growth of his latest venture is allowing Jones to revisit the innovative nugget that got him started on his entrepreneurial path back in 2014.
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Springdale's Core Brewery Seeks Funding

Core Brewing & Distilling Co. LLC has increased the amount it's offering investors in the Springdale company, to $3.5 million worth of shares of the business, of which $2.2 million has been sold.
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Arkansas Sees Volume, Value of Biggest Deals Drop

The value of mergers and acquisitions last year reached a record high worldwide and in the United States, but Arkansas was a different story. The known value of big deals in the state — those worth $9 million or more — fell 53 percent in 2015 compared with 2014, to $8.8 billion compared with $16.6 billion.
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Personal Income in Arkansas Metro Areas See Increase

The eight metropolitan areas of Arkansas reported increases in local area personal income in 2014, with growth ranging from 1.6 percent in Pine Bluff to 4.1 percent in Fort Smith.
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Report: Jonesboro Weathered Recession Well, Leads State in Job Growth

Jonesboro fared much better than other Arkansas cities during the economic downturn, and its job growth continues to be a standard-bearer in the Natural State. read more >

Commercial Metals Co. to Close Post Plant in Magnolia

Commercial Metals Co. of Irving, Texas, said Tuesday that it will close its T-post fence operations in Magnolia by the end of the third quarter, blaming "global steel overcapacity" and "unfair trade." read more >

Developmental Center Sells for $3.2 Million (Real Deals)

The sale of a 30,565-SF clinic in Little Rock, a string of apartments in the Hillcrest area and an 82-room motel in southwest Little Rock top the latest real estate transactions in Pulaski County. read more >

Tyson Foods Stock Jumps on Record 1Q Earnings

Tyson Foods Inc. on Friday reported first quarter income of $461 million, up 49 percent from the same period in 2015. read more >

US Adds Just 151K Jobs in January; 4.9 Percent Jobless Rate

U.S. employers added 151,000 jobs in January, a sharp deceleration from recent months as companies shed education, transportation and temporary workers. read more >

Wayne Farms Plant in Laurel, Mississippi, to Lay Off 500

A Georgia-based poultry company says its Laurel, Mississippi, plant will close its deboning lines and lay off about 500 workers by the end of June. read more >

Midwest Economic Survey Figures Rise for 1st Time in Months

Figures rose for the first time in six months but remained below growth neutral in a survey of supply managers in nine Midwest and Plains states. read more >

East Little Rock's 'Innovation Alley' Drawing Grit, Funk Lovers

Margaret McEntire has found herself in the midst of a second redevelopment wave in downtown Little Rock. A player on the River Market scene since 1999, McEntire is now hosting change instead of making it happen. read more >

Quartet of Apartments Produces $49.6M Buy (Real Deals)

Fairfield Apartments, Berkley Apartments, Pleasant Pointe Apartments and Valley Crossing Apartments, all in west Little Rock, were sold to affiliates of Monarch Investments of Colorado. read more >

Facebook Posts Raise Questions For Employers

The Arkansas Court of Appeals ruled in December that a woman who was fired for posting “arguably” critical comments about her employer on Facebook could receive unemployment benefits. It's the latest decision in an escalating legal war between employment and social media. read more >

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