Manufacturing Archive

BioTech Pharmacal Looking at Plans for Quadruple Expansion

by Arkansas Business Staff 5/19/2014 12:00 am

BioTech Pharmacal Inc. of Fayetteville is meeting with architects about designs for a new 30,000-SF manufacturing building at the company's Highway 112 location.

Central Arkansas Industrial Vacancy Rate Drops

by Arkansas Business Staff 5/19/2014 12:00 am

The vacancy rate for industrial real estate in central Arkansas fell to 10.7 percent in first-quarter 2014, compared with 11.2 percent in the previous quarter and 12.6 percent in first-quarter 2013. The local rate, however, remains above the national average of 9 percent. Locally, almost 187,000 SF was absorbed in the first quarter of the year.

Arkansas Jobless Rate Falls to 6.6 Percent

by Arkansas Business Staff 5/16/2014 09:51 am

The Arkansas unemployment rate for April dropped to 6.6 percent, according to data released Friday by the state's Department of Workforce Services.

Ben E. Keith Announces 74 Jobs, $60M Investment in NLR Facility

by Lee Hogan 5/13/2014 10:23 am

Food service products distributor Ben E. Keith said Tuesday that it will spend $60 million on a North Little Rock plant, adding 74 new jobs at an average wage of $33.75 per hour.

Public Ports Eligible for Waterways Grants

by Arkansas Business Staff 5/13/2014 09:43 am

Public ports and facilities are eligible for a new grant program of the Arkansas Waterways Commission.

Promotions Bloom at Aromatique Inc. (Movers & Shakers)

by Arkansas Business Staff 5/12/2014 12:00 am

Judy Balderree, previously vice president of retail sales, has been promoted to executive vice president of merchandizing and design at Aromatique Inc. of Heber Springs. Carlton Collier, previously vice president of sales and marketing, has been promoted to EVP of product development and strategic marketing.

Lawyers Show Muscle in Allens Bankruptcy Case

by Arkansas Business Staff 5/12/2014 12:00 am

As the bankruptcy case of Allens Inc. of Siloam Springs continues to wend its way through the court system, the legal bills are adding up to an amount fairly described as eye-popping.

SFC Fluidics Completes $2M Round to Develop Innovative Insulin Pump

by Mark Carter 5/7/2014 11:46 am

Fayetteville's SFC Fluidics on Wednesday announced that it had closed a $2 million, Series B funding round that will enable it to commercialize an innovative insulin patch pump.

AERT Execs Get Unaccustomed Treat: Bonuses

by Gwen Moritz 4/28/2014 10:22 am

CEO Timothy Morrison and CFO Brian Hanna both received $100,000 bonuses in 2013, according to recent proxy statement.

VCC Climbs to No. 1 with Revenue of $607M

by George Waldon 4/28/2014 12:00 am

Business among the largest Arkansas general contractors was down as a group during 2013. Nine of the firms on this year's list of largest commercial contractors recorded revenue gains while 13 reported declines. Three firms reported no change.

$100M Station in Central Arkansas Proposed Along Planned Wind Highway

by Luke Jones 4/28/2014 12:00 am

A $2 billion, 750-mile transmission line project has been altered so that Arkansans will benefit from the wind energy highway that will be built through the state in coming years.

Laser Tools Aims High for Hi-Tech Antiques

by Luke Jones 4/28/2014 12:00 am

Little Rock's Laser Tools Inc. has expanded its market area to include manufacturing parts for reproduction antique firearms.

Commerce Construction's Dennis Moore Sees NWA Activity Returning to 'Realistic Levels'

by Arkansas Business Staff 4/28/2014 12:00 am

Dennis W. Moore is the president and CEO of Commerce Construction Co. in Springdale. Founded in 1971, Commerce is touted as one of the oldest locally owned general contracting firms in northwest Arkansas.

Get Tickets for Arkansas Business Power Breakfast Panel on Boards of Directors

by Arkansas Business Editors 4/25/2014 04:29 pm

Arkansas Business presents a new event series called Power Breakfast. This program features experts who will share strategies for building an effective board of directors and being an impactful board member. The event will take place on Wednesday, May 7 from 8:30 a.m. to 10:00 a.m. at the Embassy Suites in Little Rock.

APEI Gets $3.5M Contract to Develop Fighter Jet Power Modules

by Mark Carter 4/23/2014 09:24 am

Arkansas Power Electronics International of Fayetteville has been awarded a $3.5 million contract by the U.S. Air Force to develop a high-temperature, silicon-carbide power module for the F-35 Joint Strike Fighter.

Bill Halter Named to Picasolar Board of Directors

by Mark Carter 4/21/2014 12:11 pm

Fayetteville solar startup Picasolar has named former Arkansas lieutenant governor Bill Halter to its board of directors. Halter served as the state's 14th lieutenant governor from 2007 to 2011.

New Allens Inc. Owners Offer Big Plans with Siloam Springs

by Arkansas Business Staff 4/21/2014 12:00 am

Siloam Springs officials are trying to figure out how to help Allens Inc. efficiently dispose of wastewater generated by increased production at “Plant 1” outside the city limits.

Three Million-Dollar Deals Include NLR Packaging Plant, River Market Condo, WLR Office Building

by Arkansas Business Staff 4/21/2014 12:00 am

Did someone ask for million-dollar deals? We offer a trio of Pulaski County real estate transactions in response.

April Beige Book Reports Overall Activity Down Across Arkansas, 8th District

by Mark Carter 4/16/2014 01:30 pm

The April book reports a net decrease in manufacturing activity across the district, a decrease in residential real estate activity, mixed results in commercial real estate, and a decrease in lending from district banks.

Deadline to Nominate for Arkansas Export Awards is April 30

by Mark Carter 4/16/2014 09:46 am

The awards honor Arkansas businesses that excel in the international marketplace, and will be presented at a Governor's Mansion luncheon on May 22. All Arkansas companies that sell in international markets are eligible to be nominated.