Manufacturing Archive

Arkansas Unemployment Drops to 3.8 Percent

by Arkansas Business Staff 6/17/2016 09:28 am

Arkansas' seasonally adjusted unemployment rate shows the state at 3.8 percent for May 2016, a decrease of 1.6 percent since May 2015.

Bike-Maker Orbea Marks HQ Move North of the River

by Sarah Campbell 6/16/2016 02:52 pm

Orbea of Mallabia, Spain, on Thursday celebrated its new North American headquarters at The Works at Rockwater at 700 W. Broadway St. in North Little Rock.

Lockheed Martin Gets $331.8M Contract for Work in Camden, Dallas

by Arkansas Business Staff 6/16/2016 11:09 am

Lockheed Martin received a $331.8 million contract from the U.S. Army for Lot 11 production of Guided Multiple Launch Rocket System rockets, the company announced Wednesday. Work will be performed at the Lockheed Martin facilities in Camden and Dallas.

SPONSORED: 4 Reasons Why Big River Steel Chose Arkansas

by 6/15/2016 12:00 am

An interview with Mark Bula, CCO of Big River Steel, who shares the essential reasons Big River Steel came to Arkansas.

FedEx Freight's Scott Dewey Recognized as Top Safety Pro (Movers & Shakers)

by Arkansas Business Staff 6/13/2016 12:00 am

Scott Dewey, manager of safety process and compliance for FedEx Freight in Harrison, has been awarded the honor of top safety professional of 2015 by the Arkansas Trucking Association.

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.