Manufacturing Archive

Business Conditions Index Slips But Still Shows Good Signs

by Associated Press 12/1/2017 07:37 am

Economists say a business conditions index for nine Midwest and Plains states dropped over the past month but also say it still suggests that regional economic conditions continue to improve.

Solar Power Rate Debate Draws Crowd to PSC

by Kyle Massey 11/30/2017 01:08 pm

The Arkansas attorney general's office came down squarely on the side of utility companies Thursday morning as the state Public Service Commission heard testimony on whether rooftop solar customers should get less compensation for the excess power they put onto the electrical grid.

Fed Report: Employers Raising Wages in Tight Labor Market

by Lance Turner 11/29/2017 03:22 pm

Employers in the Federal Reserve's Eighth District, which includes all of Arkansas and parts of six nearby states, say they are raising starting wages and salaries to attract new workers amid a tight labor market.

US Economy Expanded at Brisk 3.3 Percent Pace

by Associated Press 11/29/2017 10:03 am

Led by a rise in business investment, the U.S. economy grew at an annual pace of 3.3 percent from July through September, its fastest rate in three years.

George's Inc. Acquires Campos Foods

by Arkansas Business Staff 11/27/2017 10:09 am

Poultry products producer George's Inc. of Springdale announced Monday that it has acquired Campos Foods LLC from Oklahoma City-based Lopez Foods Inc.

Lockheed Martin Awarded $198M in C-130 Training Contracts

by Arkansas Business Staff 11/27/2017 09:13 am

Lockheed Martin of Bethesda, Maryland, recently received six contracts, with awards totaling $198.4 million, to improve training for C-130 airmen and operators around the world.

Farm Implement Ads on YouTube Go for Kardashian-sized Numbers

by Kyle Massey 11/27/2017 12:00 am

Little Rock marketing firm Kirkpatrick Creative has struck a deal with a Wisconsin farmer and his YouTube channel that's almost moved past advertising and into "influencing."

Weeding Down Arkansas' Cannabis Cultivators

by Kyle Massey 11/27/2017 12:00 am

Ninety-five entities applied for five licenses to grow medical cannabis in Arkansas. But exacting standards and daunting challenges mean it won't be easy money.

Arkansas Timber Rides Wave Of Demand

by Marty Cook 11/27/2017 12:00 am

This year's hurricanes are likely to boost Arkansas' timber industry, which was already experiencing a surge of new investment.

How Chinese Textiles Filled Sanyo's Old Role as Forrest City Hero

by Kyle Massey 11/27/2017 12:00 am

Forrest City was seeking a suitor for a massive shuttered factory. Shandong Ruyi Technology Group of China was looking for the right spot for its first U.S. facility, a vast yarn factory capable of consuming Arkansas' entire annual cotton crop.

Industrial Space Vacancy Rate Falls in Central Arkansas

by Arkansas Business Staff 11/27/2017 12:00 am

The total vacancy rate for industrial space in the central Arkansas real estate market fell to 9.6 percent in third-quarter 2017, compared with 10.6 percent in third-quarter 2016.

Connections Count (Editorial)

by Arkansas Business Editors 11/27/2017 12:00 am

Reach out, friends, to others. You'll never know what you can accomplish before breakfast.

Ross Whipple Branches Out, Logs Time Away from Boardroom

by Arkansas Business Staff 11/27/2017 12:00 am

Ross Whipple manages more than 120,000 acres of Arkansas timberland as chairman of the Ross Foundation and president of Horizon Timber Services Inc.

Applications for US Unemployment Benefits Drop 13,000

by Associated Press 11/22/2017 09:10 am

The number of Americans filing applications for unemployment benefits fell for the first time in three weeks, pushing total applications down to a low 239,000, further evidence of the strength of the labor market.

Coal Company Digs Hole in Bankruptcy Case

by Arkansas Business Staff 11/20/2017 12:00 am

Mississippi Minerals Inc. in Hartford (Sebastian County) and related companies filed for Chapter 11 bankruptcy protection last week, listing estimated debts of between $50 million and $100 million.

'Roboglasses' for the Blind Get Boost From Grant

by Sarah Campbell-Miller 11/20/2017 12:00 am

Fauxsee Innovations of Magnolia has landed a one-year, $226,000 grant from the National Eye Institute to continue developing its first product, Roboglasses.

B&B Solutions Facility Draws $2.2M Sale (Real Deals)

by George Waldon 11/20/2017 12:00 am

Woodmont Mabelvale LLC of New York bought the 38,000-SF office-warehouse facility in southwest Little Rock from BNBS Properties LLC, led by Jerry Spears.

Economic Developer: Foreign Investment Key to NEA's Future

by Graycen Colbert Bigger 11/17/2017 04:16 pm

While economic development has benefited communities statewide, several high-profile foreign companies and a majority of the newly created jobs (1,000) are slated for northeast Arkansas. The companies include Shandong Ruyi Technology, Risever and Sediver.

Arkansas Unemployment Increases to 3.6 Percent

by Arkansas Business Staff 11/17/2017 09:55 am

Arkansas' unemployment rate in October rose to 3.6 percent from 3.5 percent in September, but it was still lower than the 4 percent reported for October 2016.

Demand at Shearer's Snacks Brings Jobs to Jackson County

by Graycen Colbert Bigger 11/15/2017 02:55 pm

Shearer's Snacks, Newport's top manufacturing company, announced it is in the process of hiring 85 employees to meet increased product demand.