Manufacturing Archive

Arkansas No. 4 Shale Gas Producer in United States

by Arkansas Business Staff 12/15/2014 12:00 am

Shale gas production helped gross withdrawals of natural gas in the United States reach a record high of 82 billion cubic feet per day in 2013, according to the U.S. Energy Information Administration.

Outlook on Manufacturing Positive, Still Short of Pre-Recession Levels

by Lee Hogan 12/12/2014 10:51 am

All indications show the manufacturing sector is improving in Arkansas, but there is still a ways to go before it reaches the pre-recession levels.

Bass Pro Shops Buys Ranger Boats

by Lance Turner 12/11/2014 05:01 pm

Bass Pro Group LLC, the privately held outdoor and hunting supply retailer, is buying Fishing Holdings LLC of Flippin, which makes Ranger Boats, Stratos and Triton fishing boat brands.

NLR Chamber, ABPG Launch Arkansas Women's Hall of Fame

by Lee Hogan 12/10/2014 01:38 pm

The North Little Rock Chamber of Commerce, in partnership with Arkansas Business Publishing Group of Little Rock, launched the Arkansas Women's Hall of Fame on Wednesday.

Domtar to Spend $160M to Convert Paper Machine in Ashdown; 140 Jobs Lost

by Arkansas Business Staff 12/10/2014 08:23 am

Domtar Corp. of Montreal plans a $160 million capital project to convert a paper machine at its Ashdown mill to a high quality fluff pulp line.

FDIC Report: Arkansas Nonfarm Jobs Up in 3Q

by Lee Hogan 12/9/2014 12:04 pm

Total nonfarm payroll jobs were up 1.4 percent in the third quarter, compared to numbers from a year ago, according to a state profile of Arkansas released Monday by the Federal Deposit Insurance Corp.

Demand Rises For Body Cameras, Rarely Used by Police in Arkansas

by Sean Beherec 12/8/2014 12:00 am

Following the shooting death of Michael Brown in Ferguson, Missouri, in August, and questions about what actually happened during his encounter with Officer Darren Wilson, there has been a resurgence in calls for all police to wear body cameras.

Big River Pushes Construction Total to $2.2B

by George Waldon 12/8/2014 12:00 am

The valuation of large commercial projects underway in Arkansas approached $2.2 billion, nearly double the tally from a year ago. The big leap was thanks in no small measure to the $700 million construction contract for the Big River Steel Mill manufacturing facility near Osceola.

NLR Chamber, ABPG Join In Women's Hall of Fame

by Arkansas Business Staff 12/5/2014 11:36 am

The North Little Rock Chamber of Commerce is partnering with Arkansas Business Publishing Group of Little Rock to launch a new program to honor the significant contributions of Arkansas women in business, politics, philanthropy and other fields.

AEDC: LM Wind Power Paid Back $3.4M in Incentives

by Mark Carter 12/4/2014 10:43 am

The Arkansas Economic Development Commission says Danish manufacturer LM Wind Power, which operates a plant in Little Rock, has repaid the state $3.4 million in incentives following a review that indicated the company had not met specified employment goals.

The Glass Is Half Full (Mitch Bettis Publisher's Note)

by Mitch Bettis 12/1/2014 12:00 am

Arkansans and Americans in general seem to be feeling blue these days. Maybe a deluge of negative political advertising bludgeoned us into sadness. Perhaps I'm a “glass half-full” guy because I keep noticing that, nationally and within Arkansas, there are positive economic indicators.

No Daily Report, Morning Report or E-newsletters on Thursday, Friday

by Arkansas Business Staff 11/26/2014 11:03 am

Arkansas Business will not send the Daily Report, Morning Report or weekly industry e-newsletters on Thursday and Friday in recognition of the Thanksgiving holiday.

Picasolar Gets New Funding, Works to Scale Innovative Solar Cell

by Mark Carter 11/26/2014 09:31 am

Fresh off a new round of federal SunShot Initiative funding and a $1.2 million round of equity capital, Fayetteville's Picasolar will spend the next 10 to 12 months scaling its solar cells to meet the industry standard.

Canadian Company Comact Setting Sights on Union County Sawmill

by Arkansas Business Staff 11/24/2014 12:00 am

Multiple sources have confirmed that a Canadian sawmill equipment operator called Comact — that's pronounced “CO-mact” — is looking at buying the long-shuttered Georgia-Pacific sawmill that is now owned by private investors.

Evaluating New Minimum Wage's Effects (Michael Pakko Commentary)

by Michael Pakko 11/24/2014 12:00 am

With the passage of ballot initiative No. 4, the minimum wage in Arkansas will increase in three steps to $8.50 per hour in 2017, $1.25 above the current federal minimum, making Arkansas one of many states to increase the minimum wage above the federally mandated level.

Watson Furniture Gets New Lease on Life (NWA Real Deals)

by Marty Cook 11/24/2014 12:00 am

Philip Taldo has had a busy, happy month. Top on his list is his purchase of Watson Furniture Store on Main Street in downtown Springdale. Taldo, a Springdale real estate agent, paid $250,000 for the two-story, 10,720-SF building that he remembers fondly as the place his father started working at in 1951.

DRA Investing $3.7M in Delta Projects

by Arkansas Business Staff 11/20/2014 01:46 pm

The DRA estimates the eight Arkansas investments can help create and retain 1,050 local jobs for local residents. The projects include water and sewer improvements for the Big River Steel project in Osceola.

Rock Town Distillery Ranked High in 'Whisky Bible'

by Arkansas Business Staff 11/17/2014 12:00 am

Little Rock's Rock Town Distillery has been recognized for producing the “2015 US Micro Whisky of the Year” for its Single Barrel Bourbon Whiskey.

Tyson Family Stock Nears $3 Billion; Waltons No. 1 On Top Stockholders List

by Gwen Moritz 11/17/2014 12:00 am

The second-wealthiest family in northwest Arkansas, the Tysons, saw their stock holdings increase by nearly $1 billion over the past year — an increase of more than 40 percent.

Investment, Jobs Buoy Fort Smith's Chaffee Crossing

by Marty Cook 11/17/2014 12:00 am

Chaffee Crossing, the 7,000-acre Army surplus property in Fort Smith, continues to be a popular development destination in its new civilian life, playing host to a spate of expansion and relocation announcements during the past year.