Manufacturing Archive

Sun Also Rises for Former Deltic CEO Ray DIllon

by Arkansas Business Staff 11/21/2016 12:00 am

Since retiring last month as CEO of Deltic Timber Corp., Ray C. Dillon has been helping Shandong Sun Paper Industry JSC Ltd. of China with its plans to operate in Arkansas.

Industrial Space Attracts $5.6 Million Transaction (Real Deals)

by George Waldon 11/21/2016 12:00 am

A company led by Rick Ferguson sells a 223,880-SF industrial project adjacent to the Goodwill facility on Scott Hamilton Drive in Little Rock to a group of four investment companies.

Highland Pellets Celebrates New Pine Bluff Plant

by Arkansas Business Staff 11/18/2016 11:30 am

Gov. Asa Hutchinson on Thursday helped Highland Pellets LLC celebrate its new 600,000 metric ton per year wood pellet facility in Pine Bluff.

Arkansas Unemployment Unchanged at 4 Percent in October

by Arkansas Business Staff 11/18/2016 09:08 am

Arkansas' seasonally adjusted unemployment rate remains unchanged at 4 percent, according to the state Department of Workforce Services.

7 Companies Support Clean Line in Letter to Hutchinson

by Kyle Massey 11/16/2016 08:49 am

Corporations employing 4,000 Arkansans hope to get cheap renewable electricity from a controversial power line project.

Report Outlines Possible Changes to Arkansas Tax Code

by Sarah Campbell 11/14/2016 02:10 pm

The Tax Foundation, a national Washington-based nonprofit, releases "Arkansas: A Road Map for Tax Reform," a report on the state's tax code and recommendations for how to change it.

Peco Foods Delivers $35M Boost for Corning's Bruised Economy

by George Waldon 11/14/2016 12:00 am

The opening of the Peco feed mill in Corning earlier this year broke a long dry spell of big industrial development news for Corning and provided a glimmering counterpoint to the closing of the 44-year-old L.A. Darling plant.

After Ray Dillon's $3M Exit, Deltic Timber Seeks a CEO

by Kyle Massey 11/14/2016 12:00 am

In the month since Ray C. Dillon retired as CEO of Deltic Timber Corp. — a departure seen as surprising and sudden — he and officers of the El Dorado company have had little to say about the transition.

General Cable Could Shut Down Before Clean Line Construction Begins

by Arkansas Business Staff 11/14/2016 12:00 am

Though Clean Line Partners has had a deal since 2011 to buy conductor cable for its planned statewide high line from the General Cable Corp. factory in Malvern, plans have been in the works for at least nine months to consolidate the facility with one in Texas.

Pebble Peak Ridge in Hot Springs Sold for $5.8 Million

by Arkansas Business Staff 11/14/2016 12:00 am

A portfolio of duplexes in Hot Springs, undeveloped commercial land in Benton, elbow room for a Benton congregation, a Little Rock mansion and a cold storage facility in North Little Rock provide this week's five-count of million-dollar transactions.

Applications for US Unemployment Aid Fall From 3-Month High

by Associated Press 11/10/2016 11:56 am

Fewer Americans sought unemployment aid last week, the latest sign that companies are holding onto their workers.

Medical Marijuana: A Fact of Life for Arkansas Employers (Stuart Jackson Commentary)

by Stuart Jackson 11/10/2016 09:57 am

Arkansas is the latest of many states to allow medical marijuana. What does the new law do, and how will it play out in the Arkansas workplace?

Wal-Mart Sued Over Sale of Fake 'Egyptian Cotton' Linen

by Jonathan Stempel, Reuters 11/9/2016 10:33 am

Wal-Mart was sued on Tuesday on behalf of consumers who said the world's largest retailer sold products falsely labeled "100 % Egyptian Cotton" from an Indian textile company for many years after it first became suspicious of their origin.

Domtar Mill at Ashdown Takes on $160M Conversion

by Jim Williamson, Texarkana Gazette 11/7/2016 07:17 am

The evolution of paper production continues at Domtar's Ashdown mill, with a recent, $160 million project to convert a paper machine to a fluff pulp machine.

State Says LM Wind Power Owes Taxes

by Arkansas Business Staff 11/7/2016 12:00 am

LM Wind Power Blades Inc. was slapped with a hefty lien by the Arkansas Department of Workforce Services, which collects unemployment taxes.

US Employers Add Solid 161K Jobs; Unemployment at 4.9 Percent

by Associated Press 11/4/2016 07:38 am

U.S. employers added a decent 161,000 jobs in October, and the unemployment rate dipped to 4.9 percent from 5 percent. It was the final major report on a lukewarm but durable economy before Americans choose a new president next week.

Issue 3, Jobs for Arkansas: It's Local (Randy Zook Commentary)

by Randy Zook 11/2/2016 02:03 pm

Randy Zook says Issue 3 will arm Arkansas cities and towns — no matter the size — with the tools needed to effectively compete for jobs.

Dry Spell for Fort Smith Brewing Set To End

by Arkansas Business Staff 10/31/2016 12:00 am

If the permits come through and everything falls into place, Fort Smith Brewing Co. should be up and running next year — the earlier the better, as far as Brooke Elder is concerned.

Transport Firms Turn to Independent Drivers To Reduce Expenses

by Marty Cook 10/31/2016 12:00 am

The modern days of owner-operator drivers may be different from the good old days, when a driver bought his own truck and hired himself out to anyone who needed a load delivered. The expense of equipment, maintenance and fuel has made trucking a hard road for most pure independents.

Higher Lumber Prices Continue To Boost Deltic Timber Profit

by Arkansas Business Staff 10/26/2016 04:42 pm

Deltic Timber Corp. of El Dorado on Wednesday announced net income of $1.5 million, or 12 cents per share, in the third quarter of 2016 compared with $100,000 for the third quarter of 2015.