Manufacturing Archive

Swedish Company to Expand Newport Operations, Create 100 Jobs

by Arkansas Business Staff 5/3/2018 11:58 am

Gränges of Sweden announced Thursday that it will invest $26 million to expand its Newport operations and create 100 full-time jobs.

More Businesses Are Mellowing Out Over Hiring Pot Smokers

by Associated Press 5/2/2018 04:00 pm

FPI Management, a property company in California, wants to hire dozens of people. Factories from New Hampshire to Michigan need workers. Hotels in Las Vegas are desperate to fill jobs.

Report Says Midwest Business Conditions Index Rose Again

by Associated Press 5/1/2018 07:43 am

A report says a business conditions index for nine Midwest and Plains states has surged to its highest level in a dozen years.

Excel Boats Expands into Rural Tennessee

by Associated Press 5/1/2018 07:39 am

Officials say Excel Boat Co. of Mountain View is investing $9 million in a manufacturing facility in Tennessee.

US Ranked 12th in Public Debt Compared to GDP

by Arkansas Business Staff 4/30/2018 12:00 am

Japan ranked first, with an estimated debt of around 240 percent of GDP. The United States ranked at No. 12, with a debt of 108 percent of GDP.

At 30, ComGroup Looks Back to Its Roots, Rebrands Itself

by Kyle Massey 4/30/2018 12:00 am

This month, ComGroup celebrated the things that set it apart, marking its 30th anniversary with a rebranding, a new website and logo, and a renewed focus on three core business areas: agriculture, industrial business-to-business work and what the industry calls G2C, or government messaging to citizens.

Rock Town Distillery Buys $2 Million Home (Real Deals)

by George Waldon 4/30/2018 12:00 am

Rock Town Distillery Inc., led by Phil Brandon, bought the onetime home of Jungkind Photographic at 1201 Main St.

Springdale Ridge Property Bought for $11.25 Million (NWA Real Deals)

by Marty Cook 4/30/2018 12:00 am

A California real estate investment firm paid more than $11 million for the Springdale Ridge Apartments.

US Economic Growth Slowed to 2.3 Percent Pace in 1Q

by Associated Press 4/27/2018 07:50 am

The U.S. economy slowed to a moderate 2.3 percent annual growth rate in the first quarter as consumer spending turned in the weakest performance in nearly five years.

L'Oreal Sustainability Report Touts NLR Solar Work

by Kyle Massey 4/25/2018 02:00 pm

In advance of Earth Day, L'Oreal Group reported significant advances last week in its corporate campaign for environmental sustainability, including a major commitment to solar power at its manufacturing plant in North Little Rock.

Business Machines Systems Buys Staley Inc.

by Arkansas Business Staff 4/25/2018 10:59 am

Business Machines Systems Inc. said this week that it had purchased Staley Inc. of Little Rock.

How L'Oreal Is Helping GM, And Vice Versa, on Video

by Kyle Massey 4/24/2018 01:28 pm

How is making Lash Paradise mascara in North Little Rock like building a Chevy Volt in the Detroit area?

Put Asia on Your Business Radar (Yang Luo-Branch Commentary)

by Yang Luo-Branch 4/23/2018 12:00 am

From the ubiquitous “Made in China” and “Made in Vietnam” commodities to agricultural imports and exports to rising industries like artificial intelligence, high-tech manufacturing and e-commerce, businesses in Asia and the United States are intertwined.

Arkansas' March Unemployment Rate Unchanged at 3.8 Percent

by Arkansas Business Staff 4/20/2018 10:53 am

The unemployment rate in March in Arkansas remained unchanged from the previous month, holding at 3.8 percent, according to a report by the state Department of Workforce Services.

Bank Taps Wood Company for $1.3 Million Judgment

by Arkansas Business Staff 4/16/2018 12:00 am

A Logan County wood company is being sued for allegedly defaulting on a $1.4 million loan dating to October 2015.

Unpaid Bills Cloud Jonesboro Hyatt Project

by Mark Friedman 4/16/2018 12:00 am

The owner of the Jonesboro Hyatt Place Hotel & Convention Center project is accused of defaulting on a $1.5 million settlement agreement with contractors, sparking a new round of legal action against the developer.

River Rock, Entegrity Build Renewable Features Into Daily Work

by Kyle Massey 4/16/2018 12:00 am

Arkansas builders are incorporating solar energy into everyday projects, from residences to commercial businesses to schools to prisons.

UA Turns to Wood In Building Projects

by Marty Cook 4/16/2018 12:00 am

Building with cross-laminated timber panels is changing the major elements of the construction industry – with southern Arkansas standing to gain if the process becomes more popular.

Comparing Metro Area Living Standards (James Bullard Commentary)

by James Bullard 4/16/2018 12:00 am

The results of this analysis show the importance of adjusting for price differences across regions when comparing living standards.

Trump's Tariffs: Steel Builders Weigh In

by Kyle Massey 4/16/2018 12:00 am

President Donald Trump's trade skirmish with China may pose a billion-dollar threat to Arkansas' economy, or may be just a blip, a negotiating tactic.