Manufacturing Archive

Gates Belting Out Success in Siloam Springs

by Marty Cook 11/23/2015 12:00 am

Even a successful 104-year-old global corporation can hit a speed bump or two moving from the East Coast to Arkansas. Gates Corp., a producer of power transmission belts for the automotive and industrial sectors, didn't move its entire operations to Siloam Springs two years ago.

Cooper Tire Thrives in Texarkana

by Mark Friedman 11/23/2015 12:00 am

Cooper Tire employs nearly 2,000 workers, most of whom are members of the United Steelworkers Local 752L, making Cooper Tire one of Arkansas' largest employers.

Delayed Growth of Nestlé Foods Regains Promise at Jonesboro Plant

by George Waldon 11/23/2015 12:00 am

Market forces stymied the envisioned ramp-up to 1,000 employees in the years that followed the Nestlé plant announcement in July 2001. But these days that number looks more attainable than ever.

Wal-Mart's Cindi Marsiglio Sees Progress in Made In USA Initiative

by Arkansas Business Staff 11/23/2015 12:00 am

As Wal-Mart Stores Inc. Vice President of U.S. Manufacturing, Cindi Marsiglio oversees the company's 2013 initiative to spend an additional $250 billion on U.S.-made goods during the next 10 years.

Arkansas Unemployment Falls to 5.1 Percent in October

by Lance Turner 11/20/2015 11:00 am

Arkansas' unemployment rate fell to 5.1 percent in October, down from 5.2 percent in September and 5.8 percent in October 2014.

Sales Tax Funds Incentive for Danfoss Development in Clark County

by Alexis Hosticka 11/19/2015 11:41 am

Through a program made possible by a half-cent county sales tax, the Economic Development Corporation of Clark County awarded $60,000 in May to Danfoss for moving a production line from Mexico to Arkadelphia.

Report: Clean Line Project Could Mean $660M Impact in Arkansas

by Alexis Hosticka 11/19/2015 11:26 am

The construction and operation of the Plains & Eastern Clean Line transmission project could equate to more than $660 million for the Arkansas economy, according to researchers from the Center for Business and Economic Research at the Sam M. Walton College of Business at the University of Arkansas.

Arkansas Businesses Ranked for LGBT Treatment

by Arkansas Business Staff 11/18/2015 10:24 am

The Human Rights Campaign Foundation, the nation's largest LGBT civil rights organization, released the 2016 Corporate Equality Index, an annual report assessing LGBT inclusion in major companies and law firms across the nation, including three in Arkansas.

Asa Hutchinson to Tout Arkansas at American Chamber of Commerce in Japan

by Lance Turner 11/17/2015 05:06 pm

Gov. Asa Hutchinson is continuing his trade mission in Asia, beginning his second full day in Japan with a schedule that includes a speech at a luncheon hosted by the American Chamber of Commerce Wednesday in Nagoya.

Central Arkansas Industrial Vacancy Rate Falls

by Arkansas Business Staff 11/16/2015 12:00 am

The vacancy rate for industrial space in central Arkansas continued its slight downward trend in the third quarter.

Big River Steel Mill Rises in Northeast Arkansas

by Jan Cottingham 11/16/2015 12:00 am

The construction of the Big River Steel mill is a project defined by superlatives: at $1.3 billion, the biggest economic development project in Arkansas history; at $700 million, the biggest construction project in the state; one of the most technologically advanced, etc.

ASU Mid-South Achieves Manufacturing Accreditation

by Arkansas Business Staff 11/11/2015 04:03 pm

Arkansas State University Mid-South's Machining Technology program has earned accreditation from the National Institute for Metalworking Skills, which many manufacturing industries use as a basis for recruiting, hiring, placement and promotion.

US Supreme Court Justices Skeptical of Tyson Foods in Class-Action Case

by Associated Press 11/10/2015 10:44 am

The Supreme Court appears likely to sustain a multimillion dollar judgment against Tyson Foods Inc. in a pay dispute with more than 3,000 workers at a pork-processing plant in Iowa.

Weyerhaeuser Buys Plum Creek in $8.44B Timber Deal

by Associated Press 11/9/2015 08:08 am

Weyerhaeuser Co. is buying Plum Creek Timber Co. for $8.44 billion to form what is expected to be one of the world's biggest timberland and forest products companies.

National Flood Insurance Program Helps Protect Arkansans

by Marty Cook 11/9/2015 12:00 am

Residents of NFIP communities are eligible to buy flood insurance from the federal government at premiums dictated by factors that include what kind of floodplain the structure is located on and how elevated the structure is.

Asa Hutchinson Plans Trade Mission to Japan, China

by Lance Turner 11/6/2015 02:14 pm

Gov. Asa Hutchinson on Friday announced plans to make his third international business development trip, this time to China and Japan on Nov. 15-24.

Leading From The Front on Ex-Im Bank (Randy Zook Commentary)

by Randy Zook 11/6/2015 08:18 am

The U.S. House overwhelmingly voted to reauthorize the Export-Import Bank, which supported more than $250 billion in U.S. exports and 1.3 million American jobs since 2009.

Companies Plan $12M Ethanol Unit Train Terminal for Maumelle

by Alexis Hosticka 11/5/2015 04:27 pm

Green Plains Partners LP and Delek U.S. Holdings Inc. announced plans to form a joint venture and build an ethanol unit train terminal on a Union Pacific Railroad line in Maumelle.

Canfor Completes $93.5M Deal for Anthony Forest Products

by Arkansas Business Staff 11/4/2015 07:26 am

Canfor Corp. of Vancouver said it has completed its previously announced $93.5 million purchase of Anthony Forest Products Co. of El Dorado.

Survey Gives Another Sign of Midwest Economic Slowdown

by Associated Press 11/2/2015 06:56 am

Figures have plunged in a third straight monthly survey of supply managers in nine Midwest and Plains states, providing more evidence of a slowdown in the region's economy.