Manufacturing Archive

John Stacks, Mountain Pure Owner, Convicted of Seven Federal Counts

by Gwen Moritz 10/9/2014 06:13 pm

A federal court jury deliberated for most of three days before reporting that it was hung on three additional counts of money laundering.

Power Technology Hopes to Break into Movie Projection with Illumina

by Mark Carter 10/8/2014 08:22 am

Power Technology Inc. of Alexander is marketing a new laser-illuminated projection system for cinemas called Illumina, which the firm says could help change the movie projection business.

Fed Uncaps Its Case Against Mountain Pure's John Stacks

by Arkansas Business Staff 10/6/2014 12:00 am

The criminal trial of John Stacks, owner of Mountain Pure water bottler and former CEO of HomeBank of Arkansas, commenced last week before U.S. District Judge Leon Holmes, 12 jurors and two alternates.

Report: Northwest Arkansas Job Growth Ahead of Peers

by Marty Cook 10/3/2014 08:02 am

Northwest Arkansas job growth easily beat its peer regions, the state and the nation this past year, according to a report released Thursday by the University of Arkansas.

Report: Midwest Economic Index Drops in September

by Associated Press 10/1/2014 08:32 am

A monthly economic survey index for nine Midwestern and Plains states dropped in September, suggesting slowing economic growth in the months ahead.

Construction Technology Certificate to Help Provide Jobs at Big River Steel

by Lee Hogan 9/30/2014 02:49 pm

Four institutions in northeast Arkansas hope their planning will help people in the area land a job on the Big River Steel construction project.

World Trade Center Arkansas Gets $600k Grant to Help Boost State Economy

by Mark Carter 9/29/2014 10:39 am

The World Trade Center Arkansas in Rogers, an affiliate of the University of Arkansas, has received a $600,000 federal grant to expand its outreach services to strengthen the state's economy, the university announced Monday.

Vitamin Shoppe Leads Off Six-Pack of Million-Dollar Deals

by Arkansas Business Staff 9/29/2014 12:00 am

McCain Plaza LLC of Los Angeles bought the Vitamin Shoppe at 4300 McCain Blvd. in North Little Rock for $3.77 million from Quattro North Little Rock LLC of Oak Brook, Illinois.

Manufacturing Sees 'Marked' Employment Growth

by Lee Hogan 9/24/2014 08:00 am

The manufacturing sector saw considerable growth in Arkansas in the second quarter, up 1.4 percent from a year ago, while transportation saw a slight increase, 0.1 percent, according to the latest numbers from the Federal Reserve Bank of St. Louis' Burgundy Book.

'Jobs Now' Summit Examines Growing Skills Gap

by Mark Carter 9/24/2014 07:30 am

Ways to address a growing manufacturing skills gap was the focus of Tuesday's "Jobs Now: Arkansas Works When We Do" summit hosted by the Arkansas State Chamber of Commerce.

Arkansas MSAs See Declines in Unemployment Rates

by Lee Hogan 9/23/2014 03:27 pm

Unemployment rates were down in all five MSAs in Arkansas in the second quarter of 2014, according to numbers from the Federal Reserve Bank of St. Louis' latest Burgundy Book report.

Burgundy Book: Little Rock Zone's Unemployment Rate Lowest Since Great Recession

by Lee Hogan 9/23/2014 02:11 pm

The Little Rock Zone's unemployment rate is at its lowest level since the Great Recession, according to the latest numbers from the Federal Reserve Bank of St. Louis' Burgundy Books.

Meeting Set for Carbon Pollution Stakeholders

by Associated Press 9/22/2014 03:32 pm

The Arkansas Department of Environmental Quality and the Arkansas Public Service Commission are meeting next month over the Environmental Protection Agency's proposed Clean Power Plan.

John Correnti, Governor Break Ground on $1.3B Big River Steel Mill

by Andrew DeMillo, The Associated Press 9/22/2014 11:17 am

Steel executive John Correnti, Gov. Mike Beebe and other state and local leaders marked the groundbreaking of the $1.3 billion Big River Steel project Monday in Osceola.

Arkansas Business Presents 2014's 'The New Influentials: 20 In Their 20s'

by Gwen Moritz 9/22/2014 12:00 am

Since 2009 Arkansas Business has sought out talented young leaders in our business and nonprofit community to introduce in a feature called The New Influentials: 20 in Their 20s.

Groundbreakings Planned on Major Arkansas Projects

by Jill Bleed, The Associated Press 9/21/2014 05:33 pm

Construction work is set to begin this week on two highly anticipated projects in Arkansas: a $1.3 billion steel mill in Osceola and the new $50 million museum in Fort Smith honoring the U.S. Marshals Service.

Beaudet Aviation to Land at Little Rock, Create 75 Jobs

by Lance Turner 9/17/2014 11:20 am

Beaudet Aviation, a subsidiary of JCB Aero of Toulouse, France, says it will invest $2.5 million to open a facility in Little Rock, where it will be a key supplier to Dassault Falcon Jet.

Governor's Quality Awards Go to 28 Arkansas Organizations

by Arkansas Business Staff 9/16/2014 08:28 am

The 20th annual event was held at the Marriott Hotel in downtown Little Rock before an audience of more than 400 business and civic leaders. In addition to recognizing the winers, 16 past awards recipients were recognized.

Technological Innovations Bring Profitable Changes to the Fayetteville Shale

by George Waldon 9/15/2014 12:00 am

New advances have enabled companies to drill deeper and more complex wells to tap the gas shale, too. Mixed in with the drilling improvements are new fracking techniques that increase the productivity of wells.

Royalty Owners Haul Exxon Subsidiary XTO to Court Over Royalties

by Mark Friedman 9/15/2014 12:00 am

Independence County plaintiffs say in a federal lawsuit that XTO wasn't getting the highest price possible for natural gas because it was selling the product to its own subsidiary, Cross Timbers Energy Services Inc., at below-market prices.