Manufacturing Archive

US Added Modest 103K Jobs in March; Rate Stays 4.1 Percent

by Associated Press 4/6/2018 08:16 am

U.S. employers added a modest 103,000 jobs in March after several months of bigger gains, though the government's overall jobs report suggests that the labor market remains healthy.

Bankruptcy Judge Rules Against Cantrell Drug

by Mark Friedman 4/5/2018 10:59 am

A U.S. Bankruptcy Court judge rules against Cantrell Drug Co.'s request to stay a federal regulators' civil lawsuit, which now threatens to put the Little Rock compounding pharmacy out of business.

Maine Company to Buy Pine Bluff Paper Mill

by Sarah Campbell-Miller 4/5/2018 08:55 am

Twin Rivers Paper Co. LLC of Madawaska, Maine, will acquire a paper mill in Pine Bluff operated by Mondi Group if Vienna.

Report: Midwest Business Conditions Index Rose Again

by Associated Press 4/2/2018 06:48 am

A report says a business conditions index for nine Midwest and Plains states has surged again — a sign of continued improvement in regional economic conditions.

Cantrell Drug Still Feeling Heat of FDA

by Mark Friedman 4/2/2018 12:00 am

Federal regulators said last week that it still has concerns about sanitary conditions at Cantrell Drug Co. and asked a U.S. Bankruptcy judge to let them go forward with a lawsuit to stop the Little Rock company from selling the drugs it produces.

Cost of Workers' Comp in Arkansas Reduced

by Sarah Campbell-Miller 3/26/2018 12:34 pm

The cost of workers' compensation insurance for Arkansas companies has been reduced by 15.4 percent, effective immediately, Gov. Asa Hutchinson announced Monday at the Little Rock Regional Chamber of Commerce.

AEDC: Remington Has Time to Meet Bar for Arkansas Incentives

by Arkansas Business Staff 3/26/2018 09:52 am

Remington, the storied gun maker that began turning out flintlock rifles when there were only 19 states in the Union, has filed for bankruptcy reorganization.

US Gun Maker Remington Files for Bankruptcy Protection

by Associated Press 3/26/2018 06:44 am

U.S. gun maker Remington Outdoor Company has filed for bankruptcy protection, after years of falling sales and lawsuits tied to the Sandy Hook Elementary School massacre.

Clark County Gets a Brewery

by Arkansas Business Staff 3/26/2018 12:00 am

Proving that no town is too small to host a brewery is Amity, population 723 as of the 2010 Census. The town will be the home of Slate Rock Brewing, a nanobrewery owned by Orianne Burgess, whose husband, Shawn, is the brewer.

Firm's Goal: Keeping Birds Out Of Engines, Flyers Out of Peril

by Kyle Massey 3/26/2018 12:00 am

“Sully” might have never become America's best-known pilot, let alone a Tom Hanks movie hero, if the Airbus he flew in January 2009 had been equipped with an engine shield like the one a Pine Bluff company is developing now.

Clinton National Airport Lands Jobs as Envoy Air Ramps Up

by George Waldon 3/26/2018 12:00 am

The prospects are looking brighter for a service and completion center for corporate jets that went dark five years ago at the Bill & Hillary Clinton National Airport.

Plan Now for a 'Black Sky Event' (David Maxwell Commentary)

by David Maxwell 3/26/2018 12:00 am

The causes that would trigger a black sky event take the response and restoration to a new level. In a longer electrical outage, the cascading effects magnify.

Reform Occupational Licensing Rules (David Mitchell & Thomas Snyder Commentary)

by David Mitchell and Thomas Snyder 3/26/2018 12:00 am

Occupational licensing is a harsh regulation because it makes employment an illegal act without the state's permission.

Second Bass Pro Sale Produces $25.4 Million (Real Deals)

by George Waldon 3/26/2018 12:00 am

An affiliate of the Diane & Guilford Glazer Foundation in Beverly Hills, California, purchased the 104,359-SF project at 1 Bass Pro Drive.

Arkansas' February Unemployment Rises to 3.8 Percent

by Arkansas Business Staff 3/23/2018 10:14 am

The state Department of Workforce Services said Friday that Arkansas' civilian labor force declined by 1,794 from January, a result of 17 more Arkansans being unemployed and 1,811 dropping from the workforce.

Trump to Punish China on Trade as US Companies Fear Backlash

by Associated Press 3/22/2018 11:51 am

The Trump administration readied restrictions Thursday on Chinese investment and tariffs on nearly $50 billion worth of Chinese imports to punish Beijing for stealing American technology and pressuring U.S. companies to hand it over.

Ace Glass Invests Nearly $4M In New Facility

by Sarah Campbell-Miller 3/21/2018 12:44 pm

A major renovation that includes a 2-acre, 140-kilowatt solar array is underway at 3101 Dugan St. in Little Rock, which will become the new home of Ace Glass Construction Corp. in a matter of weeks.

Metro Little Rock's Luxury Units Bridge the Generation Gap

by Kyle Massey 3/19/2018 12:00 am

Millennials and young professionals who ignited the luxury apartment boom in central Arkansas are now living with people their parents' age.

Arkansas' January Unemployment Rate Steady at 3.7 Percent

by Arkansas Business Staff 3/12/2018 10:02 am

Arkansas' January unemployment rate held steady at 3.7 percent.

Stuck in the Middle: Regulating Pharmacy Benefit Managers

by Gwen Moritz 3/12/2018 12:00 am

A special legislative session starting Tuesday is expected to result in deep-red Arkansas becoming the first state to license and regulate pharmacy benefit managers.