Manufacturing Archive

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.

Deltic Timber 2Q Net Down Against One-Time Gains

by Arkansas Business Staff 7/23/2014 04:52 pm

Deltic Timber Corp. of El Dorado reports second-quarter net income of $5.3 million or 42 cents per share, down 53 percent from the same time last year.

Green Bay Packaging to Spend $30M for New Equipment at Morrilton Plant

by Arkansas Business Staff 7/23/2014 10:18 am

Green Bay Packaging Inc. of Green Bay, Wisconsin, says it will spend $30 million to upgrade equipment, which it says will increase efficiency and production at its Arkansas Kraft Division plant in Morrilton.

Alma Firm Receives Federal Grant for 'Quad Rider'

by Mark Carter 7/22/2014 08:57 am

InvoTek, a research and development firm from Alma, has received a $175,000 federal grant for development of the "Quad Rider," a gear and braking device that helps people with disabilities safely operate a handcycle.

Wal-Mart Execs Naturally Dominate List of Executive Compensation

by Gwen Moritz 7/21/2014 12:00 am

Top executives at the world's largest company continue to dominate Arkansas Business' annual list of public company executive compensation, starting with the new CEO, Doug McMillon.

Proposal Would Raise Arkansas' Minimum Wage Rate

by Arkansas Business Staff 7/21/2014 12:00 am

Arkansas' minimum wage of $6.25 an hour, which applies to all employers with four or more employees, is one of only four state minimums that remain below the federal wage of $7.25 hourly.

Lessons Learned (Editorial)

by Arkansas Business Editors 7/21/2014 12:00 am

One of our best additions to the pages of Arkansas Business in our redesign three years ago has turned out to be the weekly Executive Q&A. It's a good way of getting new voices into the paper, voices largely unfiltered by editors because the Q&As are usually done via email and we publish the answers largely as written (though sometimes abbreviated because of space constraints).

Deltic Timber's Ray Dillon on Staying Smart When Branching Out

by Arkansas Business Staff 7/21/2014 12:00 am

Ray Dillon, who has led Deltic Timber Corp. of El Dorado since July 1, 2003, also works with both industry trade associations and community-oriented nonprofit organizations.

Mark Pryor Holds Manufacturing Summit in Little Rock

by Lee Hogan 7/18/2014 12:41 pm

U.S. Sen. Mark Pryor met with various Arkansas manufacturing companies Friday morning in Little Rock to discuss the improvement of job opportunities in the sector.

Arkansas Unemployment Rate Falls to 6.2 Percent But Labor Force Smaller

by Lee Hogan 7/18/2014 09:42 am

Arkansas' unemployment rate fell for the ninth consecutive month in June to 6.2 percent. It marks the fourth consecutive month that the state's unemployment rate has been below 7 percent.

Family Tree Thrives at Horton's Orthotics & Prosthetics

by Jan Cottingham 7/14/2014 12:00 am

Gary Horton was happy when his three children showed an interest in joining the family business, Horton's Orthotics & Prosthetics, though, he said, he made a point of not trying to sway them. “They just basically all chose to do it.”

Fort Smith's Pruitt Tool & Supply Co. Going Global

by Marty Cook 7/14/2014 12:00 am

From modest beginnings, Pruitt Tool now has nine offices across the United States and has business interests overseas in countries such as Russia and Turkey. The company rents its patented equipment, the Pruitt rotating control device, to oil rigs drilling for oil and gas.

Springdale Warehouse Has New Lease in the Bag

by Arkansas Business Staff 7/14/2014 12:00 am

Olivet International Inc. of Mira Loma, California, has leased a 130,000-SF warehouse in Springdale. Olivet manufactures a variety of products such as apparel and luggage. The warehouse at 603 N. Monitor Road is owned by WAJA Inc. of Fort Smith.

Wine Permit for Sassafras Springs Tops Grapevine of Beer & Wine Updates

by Arkansas Business Staff 7/14/2014 12:00 am

Sassafras Springs Vineyard in Springdale, owned by Gene Long and his wife, Cheryl, has been open since April 1, but it finally received its wine manufacturing permit from the state in May, though it isn't likely to start producing until the end of the year, Long said.

Fayetteville's APEI Earns R&D 100 'Oscar of Innovation'

by Arkansas Business Staff 7/11/2014 03:49 pm

The R&D 100 is a prestigious list of the world's top 100 tech-based product innovations included each year in R&D Magazine. The R&D 100 is known as the "Oscars of Innovation" and past award winners have included the flashcube, ATM, fax machine and HDTV.

EPA's Clean Power Plan Fuels Carbon Debate

by Marty Cook 7/7/2014 12:00 am

On June 2, the Environmental Protection Agency announced its Clean Power Plan. Environmentalists and power companies have split opinions on the agency's goals.

Little Rock Zone MSAs See Modest Growth

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

Employment grew modestly in the first quarter of 2014 in the Little Rock zone, according to the Federal Reserve Bank of St. Louis. The Little Rock zone includes all of Arkansas except the northeast.

No Daily Report, E-newsletters on Friday

by Arkansas Business Staff 7/3/2014 10:01 am

Arkansas Business will not send the Daily Report or weekly industry e-newsletters on Friday, the Fourth of July. Arkansas Business Publishing Group offices will be closed Friday as well, reopening on Monday. ABPG wishes everyone a happy Fourth.