Manufacturing Archive

Fed Survey Finds Improvement Across US Economy

by Associated Press 12/4/2014 09:14 am

The U.S. economy kept expanding in October and November, helped by solid gains in consumer spending, manufacturing and overall employment, according to the Federal Reserve's latest survey of business conditions around the country.

More US CEOs Plan to Boost Hiring in Next 6 Months

by Associated Press 12/2/2014 11:33 am

Chief executives at the largest U.S. companies expect sales to keep growing in the next six months and also plan to step up hiring.

Arkansas' 'Miracle Bean,' the Soybean, Used for Variety of Purposes

by Associated Press 12/1/2014 08:22 am

While soy products available in local stores has increased, the soybean has long been known as the "miracle bean" for its vast uses in everything from livestock feed and biodiesel to candles and plastics.

Report: Arkansas Manufacturing Won't Rebound Before 2015

by Associated Press 12/1/2014 08:17 am

A monthly economic survey index for nine Midwestern and Plains has dipped again.

The Glass Is Half Full (Mitch Bettis Publisher's Note)

by Mitch Bettis 12/1/2014 12:00 am

Arkansans and Americans in general seem to be feeling blue these days. Maybe a deluge of negative political advertising bludgeoned us into sadness. Perhaps I'm a “glass half-full” guy because I keep noticing that, nationally and within Arkansas, there are positive economic indicators.

Nucor, Big River Steel Renew Battle Over New Mill Permit

by Kelly P. Kissel, The Associated Press 11/30/2014 08:39 am

A company that received a state permit to build a new steel mill in eastern Arkansas said Friday that a federal judge should block a challenge mounted by an existing nearby mill.

No Daily Report, Morning Report or E-newsletters on Thursday, Friday

by Arkansas Business Staff 11/26/2014 11:03 am

Arkansas Business will not send the Daily Report, Morning Report or weekly industry e-newsletters on Thursday and Friday in recognition of the Thanksgiving holiday.

Picasolar Gets New Funding, Works to Scale Innovative Solar Cell

by Mark Carter 11/26/2014 09:31 am

Fresh off a new round of federal SunShot Initiative funding and a $1.2 million round of equity capital, Fayetteville's Picasolar will spend the next 10 to 12 months scaling its solar cells to meet the industry standard.

US Economy Grew at 3.9 Percent Rate in 3Q

by Associated Press 11/25/2014 08:30 am

The U.S. economy grew at a solid 3.9 percent annual rate in the July-September period, even faster than first reported, giving the country its strongest six months of growth in more than a decade.

Canadian Company Comact Setting Sights on Union County Sawmill

by Arkansas Business Staff 11/24/2014 12:00 am

Multiple sources have confirmed that a Canadian sawmill equipment operator called Comact — that's pronounced “CO-mact” — is looking at buying the long-shuttered Georgia-Pacific sawmill that is now owned by private investors.

Evaluating New Minimum Wage's Effects (Michael Pakko Commentary)

by Michael Pakko 11/24/2014 12:00 am

With the passage of ballot initiative No. 4, the minimum wage in Arkansas will increase in three steps to $8.50 per hour in 2017, $1.25 above the current federal minimum, making Arkansas one of many states to increase the minimum wage above the federally mandated level.

Watson Furniture Gets New Lease on Life (NWA Real Deals)

by Marty Cook 11/24/2014 12:00 am

Philip Taldo has had a busy, happy month. Top on his list is his purchase of Watson Furniture Store on Main Street in downtown Springdale. Taldo, a Springdale real estate agent, paid $250,000 for the two-story, 10,720-SF building that he remembers fondly as the place his father started working at in 1951.

DRA Investing $3.7M in Delta Projects

by Arkansas Business Staff 11/20/2014 01:46 pm

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.

Whirlpool Releases Report on TCE at Arkansas Site

by Associated Press 11/20/2014 11:05 am

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

Rock Town Distillery Ranked High in 'Whisky Bible'

by Arkansas Business Staff 11/17/2014 12:00 am

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.

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

by Gwen Moritz 11/17/2014 12:00 am

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.

Investment, Jobs Buoy Fort Smith's Chaffee Crossing

by Marty Cook 11/17/2014 12:00 am

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.

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

by Jan Cottingham 11/17/2014 12:00 am

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.

Pinnacle North Commemorates Expansion, Plans to Hire 25 Employees

by Lee Hogan 11/11/2014 02:51 pm

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.

Intimidator of Batesville to Manufacture New UTV, Expand Plant

by Mark Carter 11/11/2014 02:35 pm

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.