Manufacturing Archive

Central Arkansas Industrial Vacancy Rate Stable

by Arkansas Business Staff 8/18/2014 12:00 am

The vacancy rate for industrial real estate in central Arkansas remained relatively stable through the second quarter of 2014, ticking up just slightly to 10.8 percent compared with 10.6 percent in first-quarter 2014. That's above the national average of 9 percent but far below central Arkansas' 12.2 percent vacancy rate of second-quarter 2013.

Next Arkansas Governor Inherits Long-Time Delta Woes (AP Analysis)

by Kelly P. Kissel, The Associated Press 8/17/2014 01:12 pm

The head of the Delta Regional Authority said a mouthful when he told a jobs conference last week that Arkansas' next governor would face a unique set of challenges after taking office in 2015. Unique? Yes. New? No.

US Jobless Aid Applications Rise to 311,000

by Associated Press 8/14/2014 11:48 am

More people applied for U.S. unemployment benefits last week, although jobless claims continue to be close to pre-recession levels.

Blue Rooster to Open Poultry Plant in Warren, Employ 100

by Arkansas Business Staff 8/13/2014 11:30 am

A company called Blue Rooster plans to open a poultry deboning operation and employ 100 people at 110 Industrial Park Drive in Warren, the Arkansas Economic Development Commission said Wednesday.

Nucor Steel Files Lawsuit Against Big River Steel

by Associated Press 8/12/2014 07:25 am

Nucor Steel has filed a lawsuit in federal court that attempts to block a competitor from opening a mill in Mississippi County.

Reports: APEX Tool to Close Springdale Plant That Employs 250

by Lance Turner 8/8/2014 11:25 am

It's a rare thing that you see a pair of big job loss announcements in northwest Arkansas so close together.

ASTA Receives $3M Federal Grant to Reduce Crop Stress

by Mark Carter 8/5/2014 02:31 pm

The funds will be spread out over three years and used to create an interdisciplinary, state-of-the-art Bioimaging Consortium that will enable researchers to adapt food, fiber and fuel crops "to meet the challenges of a changing climate and a growing world population."

Arkansas Leads Country In Decline of Uninsured

by Associated Press 8/5/2014 01:35 pm

States that fully embraced President Barack Obama's health care law coverage expansion are experiencing a significant drop in the number of uninsured residents, according to a major new survey released Tuesday.

Nominate Now for Arkansas Business' CFO of the Year Awards

by Arkansas Business Staff 8/5/2014 11:28 am

Arkansas Business is searching for the state's most outstanding chief financial officers for its sixth "CFO of the Year" awards. You can nominate CFOs here.

Arkansas Less Optimistic Than Oklahoma, Missouri in Arvest Consumer Survey

by Lee Hogan 8/5/2014 10:29 am

The second phase of Arvest Bank's consumer sentiment survey found Arkansans have a less optimistic outlook on current conditions and expectations than respondents in Oklahoma in Missouri.

Two Steps Forward, One Back (Editorial)

by Arkansas Business Editors 8/4/2014 12:00 am

Last week's economic news was of the motion sickness-inducing two steps forward, one step back kind.

Agronomic Innovations Purchases AgRobotics of Little Rock

by Arkansas Business Staff 8/1/2014 10:02 am

AgRobotics co-founders Jim and Jeff Burton of Little Rock had been searching for a strategic partner to expand the market for the AutoProbe, a device that pulls 6-inch cores of soil samples from which farmers can extract accurate data.

NERA Study: EPA Regs Would Cost Arkansas Jobs, Millions in Compliance

by Lee Hogan 7/31/2014 10:31 am

A new study conducted by NERA Economic Consulting, and commissioned by the National Association of Manufacturers, says new ozone regulations would cost Arkansas thousands of jobs per year and hundreds of millions of dollars in compliance costs.

Zilkha Biomass Announces $90M Facility, 52 Jobs in Monticello

by Lee Hogan 7/30/2014 10:10 am

Zilkha Biomass Energy plans to build a $90 million facility in Monticello that will create 52 jobs. Zilkha says it will make its Zilkha Black Pellet, the first commercially available pellet in the industry, at the Monticello factory.

Superior Industries to Close Plant in Rogers, Leave 500 Out of Work

by Lance Turner 7/30/2014 08:24 am

Superior Industries International, which makes aluminum wheels for automobiles, says it will close its manufacturing plant in Rogers, leaving 500 people out of work.

A Closer Look: Arkansas Unemployment and Employment

by Arkansas Business Staff 7/28/2014 12:00 am

The unemployment rate in Arkansas fell in June to 6.2 percent, but the number of people employed “continues to be a source of concern,” state economic forecaster Michael Pakko noted recently.

Alliance Rubber Stretches Online

by Brandon Riddle 7/28/2014 12:00 am

Alliance Rubber Co. of Hot Springs has launched a new website at RubberBand.com that allows the company to update and sell its products on a more consistent basis.

Big River Steel's John Correnti on Government's Role in Private-Sector Projects? 'Stay Out'

by Arkansas Business Staff 7/28/2014 12:00 am

John Correnti, chairman and CEO of Big River Steel LLC, has more than 40 years of experience in the steel industry. Big River Steel, a $1.3 billion project, is being built in Mississippi County near Osceola. It's expected to employ more than 525 workers with average yearly compensation of $75,000.

Arkansas Business Presents the 2014 Power List

by Gwen Moritz 7/28/2014 12:00 am

Arkansas Business introduced “The Power List” in 2006, and after updating it annually for a few years, we decided to spread it out. That means there have been a lot of changes in 20 industries and professions since our last installment in 2011, so we've been doing a lot of rounding up of resumes and photos in the last few weeks.

Clinton Connected With Correnti To Lobby for Big River Steel Plant

by Arkansas Business Staff 7/28/2014 12:00 am

John Correnti, the man behind Big River Steel and this week's Executive Q&A, thought he was being pranked when former President Bill Clinton called to lobby Correnti to put his $1 billion-plus steel mill in Arkansas.