Manufacturing Archive

You Can Go Home Again: More Young Americans Living With Parents

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

Living with a parent is the most common living arrangement for 18- to 34-year-olds in the United States, the first time on record that that has been the case, according to the Pew Research Center.

Maumelle Motel Draws $2.4 Million Transaction (Real Deals)

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

New Frontier Hospitality LLC, led by Dilep and Vitesh Patel, bought the Quality Suites at 14322 Frontier Drive.

Doyle Rogers Family Sells Interest In Citizens Bank

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

The Doyle Rogers family sold its 25.82 percent stake in the $722 million-asset lender to a descendant of another founding family: poultry pioneer J.K. Southerland.

Farmers Bank & Trust Branches Out to Wilson

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

Farmers Bank & Trust of Blytheville is deepening its market penetration in Mississippi County with a Wilson location. The branch affords an opportunity that belies the size of the community (population 900).

Ecoark Uses Technology to Provide Lower-Cost Recycled Products

by Sarah Campbell 6/2/2016 11:17 am

Ecoark Holdings Inc. of Rogers is using technology to bring retail consumers consistent pricing and offer manufacturers recycled raw material at a lower cost than virgin material, says CEO Randy May.

TV Infomercial's Ginsu Knives Produced in Walnut Ridge

by Stan Morris, The Jonesboro Sun 5/31/2016 07:00 am

A brand known by several generations because of clever television marketing is one of the best kept secrets in Northeast Arkansas.

Packaging Specialties a Printing Success in Fayetteville

by Marty Cook 5/30/2016 12:00 am

Packaging Specialties VP Dan Nichols, 72, started working with PSI as an outside accountant when the company was founded by Hays Biggs in 1975. Twenty years ago, he left private practice to join the company as the vice president of financing.

2 Banks Join Arkansas Business' Largest Private Companies List

by Gwen Moritz 5/30/2016 12:00 am

The 75 largest private companies in Arkansas generated total revenue — self-reported and estimated — of $34.2 billion in their most recent fiscal years, up more than 4 percent in a year.

Trustee Charges Collusion in Allens' Case

by Mark Friedman 5/30/2016 12:00 am

The trustee in Allens Inc.'s Chapter 7 liquidation has accused some creditors of scheming to buy the Siloam Springs vegetable and food processor out of bankruptcy in 2014 in order to save themselves millions while leaving most creditors holding an empty bag.

Parcels Near Bowman Road Bought for $2.9 Million

by Arkansas Business Staff 5/30/2016 12:00 am

Apartment acreage, a manor, an industrial project and undeveloped land provide an all-Little Rock lineup of multimillion-dollar real estate transactions.

Edward Hurley Stocks Up on Warehouses in Northwest Arkansas

by Arkansas Business Staff 5/30/2016 12:00 am

Investor Edward Hurley bought more than 200,000 SF of warehouse space in northwest Arkansas in the last few months of 2015. He just added another 200,000 or so when he and two partners paid $8.6 million for property on East Robinson Avenue in Springdale.

Peco Foods Plant Bringing 1,000 Jobs to Northeast Arkansas

by George Jared 5/27/2016 09:32 am

In 2014, Peco Foods Inc. announced it was building a massive poultry processing plant in Pocahontas. That project is now nearing completion and is expected to spur economic activity in the area.

5 Companies Given Global Trade Awards, Trans-Pacific Partnership Touted

by Sarah Campbell 5/25/2016 09:10 am

Esterline Defense Technologies, CAT Squared, RH Preyda, Cobb-Vantress Inc. and Rock Town Distillery Inc. were recognized at an annual luncheon Tuesday.

Be Pro Be Proud Initiative Receives $80K in Investments

by Arkansas Business Staff 5/24/2016 02:37 pm

The Arkansas State Chamber of Commerce and the Associated Industries of Arkansas announced Tuesday its acceptance of a $50,000 investment from the Gene Haas Foundation and a $30,000 investment from Tyson Foods Inc.

Bentonville Warehouse Auctioned for $1.6 Million

by Arkansas Business Staff 5/23/2016 12:00 am

A 30,000-SF warehouse in Bentonville was auctioned for approximately $1.6 million Wednesday. The identity of the buyer was not disclosed.

Industrial Space Vacancy Rate Drops

by Arkansas Business Staff 5/23/2016 12:00 am

The vacancy rate for the industrial real estate market in central Arkansas stood at 10.7 percent in first-quarter 2016, compared with 11 percent in fourth-quarter 2015.

Internet of Things Closer Than You Think

by Sarah Campbell 5/23/2016 12:00 am

Internet of Things is more than a refrigerator that costs hundreds more and can tell you when you run out of milk. It's the concept of connecting devices to the internet and with each other. Its purpose is to make life easier via automation.

Arkansas Employment at Record High, Unemployment at 3.9 Percent

by Arkansas Business Staff 5/20/2016 09:30 am

Arkansas' seasonally adjusted unemployment rate declined two-tenths of a percentage point, from 4.1 percent in March to 3.9 percent in April, according to the state Department of Workforce Services.

Correct Craft Names Steve Henderson President of SeaArk Boats

by Arkansas Business Staff 5/19/2016 11:07 am

Correct Craft of Orlando, Florida, names Steve Henderson president of SeaArk Boats, the Monticello aluminum fishing boat manufacturer it purchased earlier this week.

Inside New Overtime Regulations, Traps to Avoid, How to Prepare (Stuart Jackson Commentary)

by Stuart Jackson 5/18/2016 01:22 pm

The U.S. Department of Labor published the final rule updating overtime regulations under the Fair Labor Standards Act. More than 50,000 employees and their employers in Arkansas will be affected. Here's how to prepare.