Manufacturing Archive

Inside New Overtime Regulations, Traps to Avoid, How to Prepare (Stuart Jackson Commentary)

by Stuart Jackson 5/18/2016 01:22 pm

The U.S. Department of Labor published the final rule updating overtime regulations under the Fair Labor Standards Act. More than 50,000 employees and their employers in Arkansas will be affected. Here's how to prepare.

Correct Craft Buys SeaArk, Will Announce New President

by Sarah Campbell 5/18/2016 11:06 am

Correct Craft of Orlando, Florida, announced on Tuesday its acquisition of SeaArk of Monticello and plans to name a new SeaArk president on Thursday.

Arkansas Consumer Sentiment Continues to Climb

by Arkansas Business Staff 5/18/2016 09:36 am

The current consumer sentiment index for Arkansas is 84.9, up from 77.8 in September, according to the spring 2016 Arvest Consumer Sentiment Survey, released Tuesday.

US Stocks Fall as Retail Suffering Continues; Oil Slips

by MARLEY JAY, AP Markets Writer 5/13/2016 01:46 pm

U.S. stocks are skidding Friday afternoon as retailers continue to report plunging first-quarter sales. Energy companies are falling as the price of oil slips following a string of recent gains. Stocks are on track for their third straight week of losses.

Asa Hutchinson Announces Appointments

by Arkansas Business Staff 5/12/2016 11:17 am

Gov. Asa Hutchinson on Wednesday announced appointments to state boards and commissions.

Tyson Foods Sets July Closing for Wisconsin Pepperoni Plant

by Associated Press 5/10/2016 09:24 am

Tyson has notified the Wisconsin Department of Workforce Development that the Jefferson plant will close its doors on July 9.

Value of Post-Secondary Credentials (Brett Powell Commentary)

by Brett Powell 5/9/2016 07:00 am

We often see national data showing that bachelor's degree holders earn as much as $1 million more over a lifetime than those with a high school diploma. Does this earnings premium also occur in Arkansas?

Those Meddling Kids (Gwen Moritz Editor's Note)

by Gwen Moritz 5/9/2016 12:00 am

Despite having daunting expenses, younger consumers seem less impressed with getting the lowest possible price. Instead, millennials are picky about what they spend money on.

International Paper to Buy 7 Pulp Mills from Weyerhaeuser

by Associated Press 5/2/2016 11:35 am

International Paper said it is paying $2.2 billion to buy seven mills from Weyerhaeuser that make pulp used in diapers, tissues and other consumer products.

Midwest Economic Survey Index Figure Drops After 3 Increases

by Associated Press 5/2/2016 07:18 am

Figures from a survey of supply managers in nine Midwest and Plains states have dropped slightly after rising for three months, but they still point to economic growth.

Cajun Cajoling Adds Fuel to Energy Security Speculation

by Arkansas Business Staff 5/2/2016 12:00 am

Although Energy Security Partners CEO Roger D. Williams has said that “all indications are that Jefferson County will be our home,” he also hasn't expressly ruled out other sites, either.

Hanna's Candle Gets Burned in Court Judgment

by Arkansas Business Staff 5/2/2016 12:00 am

Last week, Bank of America received a final judgment totaling $6.2 million against Hanna's Candle Co. of Fayetteville, its owner, Burt Hanna, and two of his limited liability companies.

After Oh Baby Sale, It's Back to Basics for Fran Free

by Marty Cook 5/2/2016 12:00 am

Fran Free is enjoying life after selling her Oh Baby Foods brand to Blackhive Corp. of Fayetteville for an undisclosed amount this past winter.

Designer Jamie Davidson's Strong Suit? Vision

by Jan Cottingham 5/2/2016 12:00 am

Jamie Davidson, the founder of Little Rock clothing company Strong Suit, is ready to take on the next retailing frontier: the millennial customer.

US Employment, Earnings Gains Rose in March

by Arkansas Business Staff 5/2/2016 12:00 am

The U.S. economy continued to rebound in March, as private-sector employment and average hourly earnings rose.

Video: Gov. Asa Hutchinson on Jobs at Sun Paper, Mercy Northwest, GW Communication & Sprint

by Lance Turner 4/29/2016 04:07 pm

Gov. Asa Hutchinson talks to reporters at the Little Rock Regional Chamber about this week's array of job announcements, the legislative session and new leadership at the Little Rock School District.

Walnut Ridge, Others See Development Boost from I-57 Designation

by George Jared 4/29/2016 08:52 am

Walnut Ridge Mayor Charles Snapp says designating U.S. 67 from North Little Rock to Walnut Ridge as the future Interstate 57 is "going to open a lot of doors" for northeast Arkansas. U.S. Sen. John Boozman, R-Ark., introduced a provision for the designation in the 2017 federal transportation budget bill.

ArcBest Swings to $6M 1Q Loss, Cites 'Sluggish' Manufacturing

by Arkansas Business Staff 4/29/2016 07:38 am

ArcBest Corp. of Fort Smith on Friday reported a first-quarter net loss of $6.1 million, or 24 cents per share, down from net income of $700,000, or 3 cents per share, in the same quarter last year.

Foreign-Matter Contamination Prompts Pilgrim's Pride Recall

by Associated Press 4/28/2016 01:01 pm

Pilgrim's Pride ordered a massive recall of cooked chicken products Tuesday after consumers and federal meat inspectors found contamination by such foreign material as wood, plastic, rubber and metal.

Update: Sun Paper of China Picks Clark County for $1.3B Pulp Mill

by Gwen Moritz and Lance Turner 4/26/2016 09:57 am

Shandong Sun Paper Industry of China has selected Arkadelphia (Clark County) for a pulp mill plant that will cost between $1 billion and $1.3 billion to build, employ 250 people directly and have an economic impact of up to $100 million a year in the timberlands of south Arkansas.