Manufacturing Archive

German Steel Company to Buy Vacant Building in Osceola

by Associated Press 2/20/2015 03:33 pm

The Osceola city council has agreed on a proposed sale of a vacant building to the German steel company, SMS.

Caterpillar Staying Put in Peoria, Expanding Headquarters

by Associated Press 2/20/2015 11:35 am

Caterpillar Inc. announced Friday that it is keeping its global headquarters in downtown Peoria and expanding its corporate campus in what it called a re-commitment to the central Illinois city.

Redman & Associates Adds Details to Claims Against Chinese Toy Maker

by Marty Cook 2/19/2015 02:08 pm

A Rogers vendor has alleged that a Chinese toy manufacturer cost it a $70 million contract with Wal-Mart Stores Inc. of Bentonville.

Power Technology Receives $100k from ASTA to Develop Laser Projection System

by Arkansas Business Staff 2/13/2015 03:12 pm

Power Technology Inc. of Alexander has developed a laser projection technology called Illumina that it believes can replace traditional movie projection systems. The Arkansas Science & Technology Authority has invested $100,000 in the technology.

Tyson Grant to Support Retention and Graduation of Underrepresented Students at UA

by Arkansas Business Staff 2/12/2015 09:13 am

Tyson Foods Inc. has awarded a $120,000 grant to the University of Arkansas to retain and ultimately graduate underrepresented juniors and seniors majoring in the science, technology, engineering, mathematics, business technology, food science and agricultural fields.

5 to Be Inducted Into Arkansas Agriculture Hall of Fame

by Arkansas Business Staff 2/11/2015 10:42 am

Five Arkansans will be inducted into the Arkansas Agriculture Hall of Fame in a ceremony on March 6, the Arkansas Farm Bureau has announced.

Labor Force Dropped in Central Arkansas Since 2007

by Arkansas Business Staff 2/9/2015 12:00 am

The labor force fell 1.9 percent in central Arkansas from 2007 to 2014, though the population grew 7.3 percent, according to planning agency Metroplan.

NWA Job Market Calling for Soft Skills

by Marty Cook 2/9/2015 12:00 am

Mike Harvey, the COO of the Northwest Arkansas Council, says job growth in the area is impressive but work has to be done to help today's students prepare for tomorrow's jobs. It's a sentiment echoed by other experts in the economic field.

Report: Midwest Economic Index Rose Slightly in January

by Associated Press 2/2/2015 07:54 am

A new report says a monthly economic survey index for nine Midwestern and Plains rose slightly in January.

Entergy Arkansas Elevates Three to Economic Development Team (Movers & Shakers)

by Arkansas Business Staff 2/2/2015 12:00 am

Clarissa McWherter, Chris Murphy and Russell Harris have joined Entergy Arkansas in Little Rock as members of the economic development team.

Mountain Pure Liquidates In $6 Million Transaction (Real Deals)

by George Waldon 2/2/2015 12:00 am

The Arkansas assets of Mountain Pure Water changed hands in a $6 million foreclosure sale. Land for future expansion in North Little Rock weighed in at $1.22 million. And a 2,647-SF bank branch in midtown Little Rock tipped the scales at $1.18 million.

Central Arkansas Employment Realigns After Recession

by Arkansas Business Staff 2/2/2015 12:00 am

Manufacturing, unsurprisingly, took the greatest hit in central Arkansas during the Great Recession.

Robotics Competition Bringing Kids from 11 States and Canada to LR

by Arkansas Business Staff 1/27/2015 11:28 am

Students from across Arkansas and representing 11 states and even Canada will converge on Barton Coliseum in Little Rock March 6-7 for the 2015 Arkansas Rock City Regional FIRST Robotics Competition.

Report: State Jobless Rate Down to 5.7 Percent

by Mark Carter 1/27/2015 09:35 am

Arkansas' unemployment rate fell to 5.7 percent in December, dropping two-tenths of a percentage point from November, according to a report from the state Department of Workforce Services.

Central Arkansas Regains Jobs Lost During Recession

by Arkansas Business Staff 1/26/2015 12:00 am

Metroplan last month released its latest “Metro Trends: Economic Review and Outlook,” which examines what it calls “the new economy” in central Arkansas in the aftermath of the Great Recession.

Arkansas' Biggest Deals of 2014 Soar While Value Slips

by Jan Cottingham 1/26/2015 12:00 am

The mergers and acquisitions spigots were opened wide last year in Arkansas. The number of big deals — those valued at $9 million or more — soared 38 percent, increasing to 101 in 2014 compared with 73 in 2013.

HanesBrands to Expand in Clarksville, Add 120 Jobs

by Arkansas Business Staff 1/23/2015 10:24 am

HanesBrands of Winston-Salem, North Carolina, says it will expand its manufacturing facility in Clarksville, spending $1.4 million on renovations and new equipment and adding 120 new jobs.

Finances Force Hoxie To Leave Regional Group

by Mark Friedman 1/19/2015 12:00 am

The city of Hoxie left the Northeast Arkansas Regional Intermodal Facilities Authority, an economic development group, because it couldn't afford the annual fees.

Umarex Partners With Marshals Museum on Commemorative Airgun

by Arkansas Business Staff 1/14/2015 11:05 am

Umarex USA has partnered with the U.S. Marshals Museum to offer a limited edition commemorative airgun of the Colt Single Action Army Revolver, also known as the "gun that won the west."

Asa Hutchinson Taps Leon Jones as Labor Director, Charisse Childers as Career Education Director

by Arkansas Business Staff 1/12/2015 02:24 pm

Gov.-elect Asa Hutchinson has picked Leon Jones Jr. as new director of the Arkansas Department of Labor, and Charisse Childers as the new director of the Arkansas Department of Career Education.