Manufacturing Archive

Central Arkansas Industrial Vacancy Rate Continues Decline

by Arkansas Business Staff 2/24/2014 12:00 am

The vacancy rate for industrial space in central Arkansas in fourth-quarter 2013 fell to 10.1 percent compared with 10.9 percent in third-quarter 2013 and 11.6 percent in the year-earlier quarter.

Wal-Mart's Manufacturing Pledge Met With Hope, Skepticism

by Mark Friedman 2/24/2014 12:00 am

Wal-Mart Stores Inc.'s announcement in January 2013 that it would help resuscitate the U.S. manufacturing industry by buying an additional $50 billion worth of American-made items during the next decade has been met with skepticism and cheers.

Peco Foods Poised To Unveil $165M Poultry Operation in Northeast Arkansas

by George Waldon 2/24/2014 12:00 am

Peco Foods Inc. of Tuscaloosa, Ala., will unveil plans for a new integrated poultry operation in northeast Arkansas that weighs in at more than $165 million. The development is viewed as the best manufacturing news in years for Randolph and Clay counties.

$1.1 Billion Big River Steel Project Making Progress

by Jan Cottingham 2/24/2014 12:00 am

A year after the highly publicized announcement that a $1.1 billion steel mill was coming to Mississippi County, economic development officials say the project is moving forward despite a rival's objections.

QU-BD of Little Rock Makes 3-D Printing Accessible

by Luke Jones 2/24/2014 12:00 am

QU-BD — pronounced “cubed” and standing for “Quintessential Universal Building Device” — has managed to create and market a 3-D printer that costs no more than $200.

Custom Aircraft Cabinets of Sherwood Sells to the World

by Jan Cottingham 2/24/2014 12:00 am

Custom Aircraft Cabinets in Sherwood employs 218 workers and sees annual revenue of $20 million to $30 million. It manufactures high-end cabinetry and upholstery products — the interior, essentially — for the private, corporate and head-of-state aircraft market throughout the world.

Arkansas' Manufacturing Sector Takes Baby Steps Back in 2013

by Marty Cook 2/24/2014 12:00 am

Kathy Deck, the director of the Center for Business & Economic Research at the University of Arkansas, said the state reported 155,100 manufacturing jobs in December 2013, according to the Bureau of Labor Statistics. The drop of 300 jobs from the 155,400 reported in December 2012 is a decrease of about 0.2 percent.

Sources Say Chinese Pulp Plant in South Arkansas Not a Paper Tiger

by Arkansas Business Staff 2/24/2014 12:00 am

Whispers first told you last year that a Chinese paper manufacturer, Shandong Sun Paper Industry, was close to announcing the location of a $1 billion wood pulp plant at either Arkadelphia or Camden. We're told a third potential site in Crossett could be in the running.

Manufacturers Keep Steely Eye on Delta, Says Grant Tennille

by Arkansas Business Staff 2/24/2014 12:00 am

Grant Tennille, head of the Arkansas Economic Development Commission, told your Whispers staff last week that the state is “continuing to have conversations with companies from throughout the world who want to be close to independent sources of steel.”

Dassault Falcon To Break Ground on Jet Hangar at Clinton National

by Arkansas Business Staff 2/24/2014 12:00 am

Dassault Falcon Jet has scheduled an April groundbreaking for its new hangar at Clinton National Airport.

Batesville Plant Closing, Leaving 78 Out of Work

by Mark Friedman 2/21/2014 04:31 pm

Zila Inc., of Fort Collins, Colo., announced Wednesday that it would close its Batesville plant within 60 days, leaving 78 people out of work.

Fayetteville Startup CycleWood Bags More Than $1 Million in Investments

by Arkansas Business Staff 2/17/2014 12:00 am

CycleWood Solutions Inc., a startup formed in the entrepreneurship program at the University of Arkansas' Walton College of Business, has raised $1.45 million selling stock, according to a Securities & Exchange Commission filing.

Creating an Engaged Workforce (John Hendon Commentary)

by John Hendon 2/17/2014 12:00 am

Employee engagement is simply a combination of job satisfaction, ability and a willingness to perform for one's organization at a high level and over an extended time. This combination of satisfaction, ability and willingness is more critical today than ever before in business.

Meet the Finalists of the 26th Annual Arkansas Business of the Year Awards

by Arkansas Business Staff 2/17/2014 12:00 am

Since 1988, Arkansas Business has honored the state's top executives, small businesses and nonprofits with the annual Arkansas Business of the Year Awards. Readers make nominations and an independent panel of judges selects the winners.

Hood Packaging Buys Bemis Plant in Crossett

by Luke Jones 2/14/2014 12:35 pm

Bemis Co. Inc. of Neenah, Wisc., has announced that it is selling its paper packaging division to Hood Packaging Corp. of Madison, Miss. The sale includes a 250-employee facility in Crossett.

Arkansas Homebuilders Get Their Way on Energy Code

by Mark Friedman 2/10/2014 12:00 am

In the fight between the Arkansas Homebuilders Association and energy auditors over updating the Arkansas Energy Code, the first round went to the homebuilders.

Central Arkansas Office Space Vacancy Rate Slips

by Arkansas Business Staff 2/10/2014 12:00 am

The vacancy rate for commercial office space in central Arkansas fell to 11.5 percent in fourth-quarter 2013, compared with 11.9 percent in third-quarter 2013 and 11.8 percent in the year-earlier quarter. The national average in the fourth quarter was 15.6 percent, according to the Central Arkansas Commercial Data Exchange.

Fort Smith, Fayetteville Mayors See Need for Deeper Arkansas River

by Marty Cook 2/10/2014 12:00 am

Many mayors of Arkansas cities would like to see the Arkansas River's shipping channel deepened from 9 feet to 12 feet to facilitate more efficient barge traffic. Deeper water means heavier barges, and that means lower shipping costs, which means cheaper products for the rest of us.

Architect David Sargent on Heartbreaking Design Trends, Favorite Projects

by Arkansas Business Staff 2/10/2014 12:00 am

David Sargent joined WER in 1986 and was named CEO in 2006. Many of his projects have received awards, including a National AIA Design Award for the Clinton Presidential Center. In addition to leading the firm's overall design, Sargent mentors younger staff members and builds on client and industry relationships. Sargent is a member of the American Institute of Architects and has his LEED AP credential from the U.S. Green Building Council.

Jobless Rates Down in 3 of 6 Arkansas Metros

by Arkansas Business Staff 2/5/2014 10:28 am

Unemployment rates were down or steady in four of six Arkansas metropolitan areas surveyed by the U.S. Bureau of Labor Statistics, data released Wednesday by the agency revealed.