Manufacturing Archive

North Little Rock Apartment Land Draws $2.8M Sale (Real Deals)

by George Waldon 7/25/2016 12:00 am

Richardson Properties LLC, led by Keith Richardson, purchased the undeveloped 64.5-acre tract adjoining Foothills Apartments at 2401 Lakeview Road.

Arkansas Unemployment Rate Unchanged at 3.8 Percent

by Alexis Hosticka 7/22/2016 09:36 am

Arkansas' seasonally adjusted unemployment rate remained stable at 3.8 percent between May and June, according to a report Friday by the Arkansas Department of Workforce Services.

Hugg & Hall Purchases RPM Services & Rentals of Louisiana

by Cimber Winfrey 7/21/2016 10:56 am

Hugg & Hall Equipment Co. of Little Rock has acquired equipment rental company RPM Services & Rentals LLC of Houma, Louisiana.

Helena Harbor Gets Back On Track

by Mark Friedman 7/18/2016 12:00 am

A dedication for Enviro Tech Chemical Co.'s $15 million plant at the Helena Harbor in 2015 attracted more than 300 people, including Gov. Asa Hutchinson. But behind the scenes, trouble loomed for the Phillips County harbor.

Beige Book: Economy Improving, Modest Job Growth Across US

by Alexis Hosticka 7/14/2016 10:19 am

The U.S. economy has continued to improve at a modest pace, according to the Federal Reserve's latest survey of business conditions, released Wednesday.

Hutchinson Expects Results From European Trip, Cites Business Leads

by Lance Turner 7/13/2016 10:48 am

Gov. Asa Hutchinson and Arkansas Economic Development Commission Executive Director Mike Preston officially opened an office in Berlin on Tuesday, as the pair begins to wrap up a trade mission in Europe.

Houston Company Announces $900M Agreement with Nucor

by Sarah Campbell 7/12/2016 02:58 pm

Energy infrastructure company Kinder Morgan Inc.(KMI) of Houston announced on Tuesday its new, $900 million 10-year agreement with Nucor Corporation to provide in-plant services for two Nucor facilities in Blytheville and three others in in Alabama, North Carolina and South Carolina.

Hi-Speed Is Noted for Quality Service

by Cimber Winfrey 7/11/2016 12:00 am

Hi-Speed Industrial, located in Little Rock and Memphis, was recently approved as an EASA Accredited Service Center by the Electrical Apparatus Service Association for its consistency in delivering quality electromechanical repairs that maintain or improve AC electric motor efficiency and reliability.

Multifamily Acreage Sells for $3.3 Million (Real Deals)

by George Waldon 7/11/2016 12:00 am

Richardson Properties LLC, led by Keith Richardson, purchased 69 acres in west Little Rock with apartments in mind.

Tenaris Lays Off 100 At Blytheville Mill

by Sarah Campbell 7/8/2016 10:24 am

Tenaris of Luxembourg City, Luxembourg, announced Thursday that it is laying off about 100 employees at its welded pipe mill in Blytheville.

New York Firm Buys Daisy Outdoor Products of Rogers

by Sarah Campbell 7/7/2016 10:16 am

Private equity firm Bruckmann, Rosser, Sherrill & Company of New York announced Wednesday that it has acquired Daisy Outdoor Products of Rogers, a leading manufacturer of youth airguns and accessories founded in 1886.

Fayetteville Startup Awarded $225,000 Grant to Test Coating

by Sarah Campbell 7/6/2016 10:56 am

University of Arkansas-affiliated startup SurfTec LLC of Fayetteville receives a $225,000 National Science Foundation grant to commercialize a nano-coating technology for manufacturing.

Hutchinson, Preston to Open Berlin Office, Attend Farnborough Airshow

by Lance Turner 7/5/2016 11:54 am

Gov. Asa Hutchinson and Arkansas Economic Development Commission Executive Director Mike Preston announced details of another trade mission to Europe, which begins Saturday.

At Latest Summit, Wal-Mart Seeks More American-Made Goods

by Marty Cook 6/28/2016 10:50 am

Wal-Mart Stores Inc. promised "everything is a yes" at the opening session of the company's "Open Call" with suppliers of U.S.-made products Tuesday. The U.S. Manufacturing Summit, held at the company's home office in Bentonville, is part of the retailer's 2013 initiative to spend $250 billion on American-produced goods for its stores, Sam's Clubs and Walmart.com.

Nominate Now for Arkansas Business '20 in Their 20s'

by Arkansas Business Staff 6/28/2016 09:41 am

Arkansas Business is once again taking nominations for its annual "20 in Their 20s" list, which honors young professionals in their 20s.

Farmland Produces $4.5M Transaction (Real Deals)

by George Waldon 6/27/2016 12:00 am

Resicomm Properties LLC, led by Bryan and Sonja Glaze, bought the 1,145-acre farm in southeast Pulaski County, a mile southeast of Sweet Home along Fourche Creek and Harper Road.

Cloyes Gear & Products Recognized for Steel Sprockets (Movers & Shakers)

by Arkansas Business Staff 6/27/2016 12:00 am

Jeffery Hamilton, vice president of engineering at Cloyes Gear & Products Inc. of Subiaco (Logan County), recently accepted an Award of Distinction in the automotive engine category at the 2016 Powder Metallurgy Design Excellence Awards Competition, alongside his colleagues Jerry Falleur, senior powder metallurgy engineer, and Suresh Shah, chief metallurgist.

With Unemployment Low, Arkansas Economists Weigh Effects

by Alexis Hosticka 6/24/2016 11:02 am

While two Arkansas economists don't expect state unemployment to fall much further, the effect of historically low jobless levels could put workers at an advantage when seeking a new job or higher wages.

Caddo River Forest Products to Restart Glenwood Sawmill, Employ 136

by Sarah Campbell 6/22/2016 04:26 pm

Caddo River Forest Products plans to reopen a sawmill in Glenwood, investing $50 million and creating 136 new jobs and up to 300 new "indirect" jobs in the area.

Arkansas Business Presents the 40 Under 40 Class of 2016

by Gwen Moritz 6/20/2016 12:00 am

This week's Arkansas Business is dedicated to our 23rd class of 40 Under 40 honorees, those young leaders of business, government and nonprofits that our internal selection team believes readers need to know.