Manufacturing Archive

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.

ArcBest Moves Up 38 Spots in Fortune 1000

by Arkansas Business Staff 7/2/2014 02:32 pm

ArcBest Corp. of Fort Smith, formerly known as Arkansas Best Corp. and parent company to ABF Freight and other related businesses, has moved up in the Fortune 1000.

Tyson Foods Moving Forward with Hillshire Deal

by Marty Cook 7/2/2014 09:34 am

Tyson Foods Inc. of Springdale announced Wednesday it had signed a definitive deal to purchase Hillshire Brands Co. of Chicago for approximately $8.55 billion.

Big River Closes Financing for Steel Mill

by Arkansas Business Staff 7/1/2014 09:09 am

A formal groundbreaking ceremony will be held later this summer. Big River plans to employ more than 500 workers at an average annual salary of $75,000.

Revised Figures Show Improved Rate for Arkansas Growth

by Arkansas Business Staff 6/30/2014 12:00 am

A government report earlier this month on gross domestic product included revised figures that affected data on Arkansas' growth rate back to 1997, according to Michael Pakko, the state economic forecaster.

Judge Jolts Electric Supplier in Noncompete Lawsuit

by Arkansas Business Staff 6/30/2014 12:00 am

Not only did U.S. District Court Judge Billy Roy Wilson recently rule in favor of a group of workers who were sued for quitting their jobs to join a competitor, but he awarded the lawyers who represented them attorneys' fees and costs in the case.

Burgundy Book: Slight Economic Improvement in Arkansas

by Mark Carter 6/24/2014 09:07 am

According to a May survey of business leaders in the state, the near-term outlook for the Little Rock zone improved slightly.

GDP in U.S. Grows 1.8% in 2013, Arkansas Sees 2.4% Rise

by Arkansas Business Staff 6/23/2014 12:00 am

Real gross domestic product grew 1.8 percent in the United States last year, a slowdown when compared with 2012, when GDP rose 2.5 percent.

Arkansas Business Presents the 40 Under Forty Class of 2014

by Gwen Moritz 6/23/2014 12:00 am

This week, Arkansas Business presents its 21st class of 40 Under 40 honorees. This year's honorees represent our state's geography — Pine Bluff, England, Jonesboro, Conway, Fort Smith, Rogers — and the diversity of our business community — farming, finance, medicine, academia, nonprofits.

Allied Wireless Trio Joins Portable Kitchens Inc.

by Arkansas Business Staff 6/17/2014 10:37 am

Portable Kitchens Inc. of Little Rock, which makes PK Grills, says Jeff Humiston, Scott Moody, Brian Taylor and Martha James have joined its ownership group.

Pay Tops $1 Million For Seven on Highest-paid Nonprofit Employees List

by Gwen Moritz 6/16/2014 12:00 am

Seven nonprofit employees in Arkansas who earned more than $1 million in the 2012 tax year are either medical doctors or hospital administrators, as are the vast majority of the 262 nonprofit employees whose compensation exceeding $215,000 is reported in this issue.

Diamond Bear's Arkansas Alehouse One Step on the Growth Path

by Jan Cottingham 6/16/2014 12:00 am

Last Thursday, Diamond Bear Brewing Co. opened its Arkansas Alehouse restaurant, allowing owner and President Russ Melton to prove his theory: retail complements production, alehouse complements brewhouse.

James Lee Witt: Develop More Jobs Through Public-Private Partnerships

by Mark Carter 6/12/2014 03:31 pm

James Lee Witt on Thursday released a jobs plan focused on creating public-private training partnerships.

Diamond Bear Brewing Co.'s Arkansas Alehouse Now Open

by Lee Hogan 6/12/2014 03:17 pm

Diamond Bear Brewing Co. has officially opened its new restaurant, Arkansas Alehouse, at the site of its new headquarters at 600 N. Broadway in North Little Rock.

API Launches Oil, Gas Jobs Site

by Lee Hogan 6/12/2014 11:02 am

With the expansion of energy production in the United States and a large pool of workers nearing retirement age, the American Petroleum Institute has created a website to link workers and potential workers with jobs, education, training and certification opportunities.

TrinityRail Buys Nordex Plant, Plans 350 Jobs

by Lance Turner 6/5/2014 03:51 pm

TrinityRail Maintenance Services Inc. has purchased the former Nordex manufacturing plant in Jonesboro and plans to use it to provide railcar maintenance and services.

Mondi Group Buys Paper Business Including Pine Bluff Plant

by Arkansas Business Staff 6/5/2014 09:25 am

A South African firm said Wednesday that it has acquired the bags and kraft paper business of Graphic Packaging International Inc. for $105 million. Mondi Group's purchase includes the integrated kraft paper mill in Pine Bluff.

Simmons First Seeks Foreclosure on Funk

by Arkansas Business Staff 6/2/2014 12:00 am

Simmons First National Corp. of Pine Bluff has filed suit against a local manufacturer for some unpaid loans. According to the suit, filed in Pulaski County Circuit Court, the defendant is O.D. Funk Manufacturing Inc., a company that builds outdoor metal buildings like storage sheds and carports.

Four Join List of 75 Largest Private Companies in Arkansas

by Gwen Moritz 5/26/2014 12:00 am

The 75 largest private companies in Arkansas generated total revenue — self-reported and estimated — of $31.15 billion in their most recent fiscal years, and the price of entry to the list was $88.8 million.

Manufacturers See Improved Revenue

by George Waldon 5/26/2014 12:00 am

Sales gains were prevalent among manufacturing concerns on this year's list of 75 largest private companies. Four of the five Arkansas manufacturing firms reported improved revenue for 2013.

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