Manufacturing Archive

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.

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.

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.

AIPRO President Mark Thomas on Keeping Oil Numbers in the Black

by Arkansas Business Staff 9/15/2014 12:00 am

The mission of AIPRO is to represent the interests of oil and natural gas producers and royalty owners in Arkansas, while educating others about the benefits oil and gas bring to the state.

Fracking Techniques Deemed Corporate Secret

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

The refinements of directional drilling have enhanced shale plays with increased opportunities afforded by lateral boring.But when it comes to the below-ground magic of fracking, innovative techniques sometimes are buried in corporate secrecy.

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.

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.

Mike Beebe Appoints 58 to Boards, Commissions

by Arkansas Business Staff 9/8/2014 02:58 pm

Gov. Mike Beebe announces 58 appointments to state boards and commissions.

Acme CFO, Employees Sue Berkshire Hathaway For Cutting Benefits

by Lance Turner 9/8/2014 01:38 pm

Acme Brick's CFO, an Acme employee and an Acme retiree have filed a class-action lawsuit against the brick company's owner, Warren Buffett's Berkshire-Hathaway, saying the company broke its promise not to cut retirement benefits to Acme employees.

Former Allens Warehouse in Springdale Sold for $4.2M

by Arkansas Business Staff 9/8/2014 12:00 am

Automotive dealer Larry Breeden of Van Buren bought the 3.58-acre development at 705 N. Thompson St. through his Springdale Thompson Warehouse LLC.

Census Says Breweries Booming

by Arkansas Business Staff 9/8/2014 12:00 am

The number of breweries in the United States has more than doubled between 2007 and 2012, rising from 398 to 869, according to the U.S. Census Bureau. The value of shipments increased nearly 33.6 percent between 2007 and 2012, to $28.3 billion.

Redman: ‘Unfair' Price Increase Sparked Move Back to U.S. from China

by Marty Cook 9/8/2014 12:00 am

Mel Redman said he and his son began planning to move the manufacturing of a 6-volt battery-operated toy car from China to northwest Arkansas after Redman & Associates was hit with unexpected price increases a couple of years ago.

Toymaker Redman's Rough History Doesn't Deter State Investment

by Marty Cook 9/8/2014 12:00 am

The state's top economic development official said he has no undue concerns about a $2 million taxpayer investment in Redman & Associates, despite the CEO's bankruptcy a decade ago and subsequent litigation, including a lawsuit related to the product the company is manufacturing in Rogers.

Trans-Atlantic Trade Expedition Bears Promise of Arkansas Jobs

by George Waldon 9/8/2014 12:00 am

Gov. Mike Beebe and Grant Tennille, executive director of the AEDC, hinted that meetings in Europe would yield announcements in the not-so-distant future regarding new jobs and capital investment in Arkansas.

Update: 14 Laid Off By Toy Car Maker in Blow to Wal-Mart's 'Made in USA' Initiative

by Marty Cook and Gwen Moritz 9/5/2014 04:03 pm

Redman & Associates filed a federal lawsuit Friday accusing a Chinese company of engaging in an "underhanded strategy" in an attempt to derail Wal-Mart's attempts to bring manufacturing back to the U.S.