Tagged: arkansas economic development commission

Chinese Textile Manufacturer to Invest $410M, Create 800 Jobs

by Lance Turner 5/10/2017 2:59 pm

Shandong Ruyi Technology Group plans to invest $410 million to remodel the former Sanyo manufacturing facility in Forrest City into a textile factory, employing 800 people.

Judge Approves Sale of Troubled Texarkana Convention Center

by Mark Friedman 5/8/2017 12:00 am

A U.S. District Bankruptcy judge last month approved the sale of the hotel and convention center on the Arkansas side of Texarkana.

SemahTronix Buys Assets, Operations of Actronix

by Arkansas Business Staff 5/4/2017 11:32 am

SemahTronix of Flippin, which makes products for the medical, defense and aerospace, and commercial and industrial markets, has purchased the assets and taken over operations of Actronix Inc.

Study Says 5 Bases Yield $4.5B in Gross State Product

by Arkansas Business Staff 4/26/2017 11:15 am

A study by the Governor's Military Affairs Committee found that the state's five military installations generate $4.5 billion in gross state product.

Chris Weiser Named to National Manufacturing Board

by Arkansas Business Staff 4/24/2017 11:19 am

Chris Weiser, owner and CEO of J.V. Manufacturing in Springdale, is the first Arkansan to be appointed to the National Institute of Standards and Technology Manufacturing Extension Partnership Advisory Board.

Chinese Company to Invest $5M in Pet Treat Plant in Danville

by Lance Turner 4/17/2017 9:34 am

Pet Won Pet Products of Taian City, Shandong Province, China plans to invest $5 million to put a pet treats manufacturing facility in Danville, creating 70 jobs.

Jonesboro Hotel Liens Raise Early ‘Red Flags’

by Mark Friedman 4/17/2017 12:00 am

The $30 million Jonesboro Hyatt Place Hotel & Convention Center is facing contractors’ liens totaling nearly $900,000 and might not open next spring as planned.

Experts Predict Breakout Companies in Arkansas Will Be Digital

by Marty Cook 4/3/2017 12:00 am

Ask experts around the state to name the next Arkansas company to break out financially, and you’re liable to get a nonanswer, but the experts do predict one thing: The next Big Thing in Arkansas will come in the digital field.

Zombies Beware: Pine Bluff Is Rising

by Kyle Massey 3/27/2017 12:00 am

A growing army of developers and investors are on a mission of revitalization for the city of Pine Bluff.

Sabin Withdraws Transparency Bill as AEDC Pledges Openness on Incentives

by Kyle Massey 3/16/2017 12:13 pm

State Rep. Warwick Sabin withdraws a transparency bill after receiving assurances from the AEDC that it will make data about state economic incentives to businesses available to the public online.

Disputed Contracts Place Procurement in Spotlight

by Kyle Massey 3/13/2017 12:00 am

Disputes over recent state contracts have put Republican lawmakers at odds with the Republican governor, angered potential vendors and muddied understanding on what businesses can expect from the process of awarding state work.

Startup PFITR Offers A 'Blue Book' in Bond Deals

by Sarah Campbell-Miller 3/13/2017 12:00 am

PFITR has moved into the Little Rock Technology Park and hopes locals will invest in its one-of-a-kind online tool.

Mars Petcare Announces $72M Expansion, 130 Jobs

by Arkansas Business Staff 12/14/2016 3:16 pm

Mars Petcare will invest at least $72 million to expand its Fort Smith pet food manufacturing plant and add as many as 130 jobs over the next few years.

Ad Agencies Ponder Lottery Numbers

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

Scoring tabulations have left some puzzled Little Rock advertising professionals trying to get the Office of State Procurement’s math to add up.

Clean Harbors Opens $120M Expansion, Will Add 120 Jobs

by Sarah Campbell-Miller 12/7/2016 10:21 am

Clean Harbors unveils a $120 million expansion of its El Dorado facility, which it said will create 120 full-time jobs.

Tax Credits Help Little Rock Company Raise $1.25M for Movies

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

Gary Newton hopes "Antiquities," which filmed primarily in North Little Rock, will be the first in a string of movies to come out of the startup film production company he created with Graham Gordy and Daniel Campbell.

Spartan Battles Bad Boy Mowers on Shared Turf in Batesville

by Jan Cottingham 11/28/2016 12:00 am

Maybe a thousand feet as the crow flies separates the Intimidator plant from the Bad Boy facility in the Independence County Industrial Park. And though Intimidator is the startup, it lays claim to the 1 Bad Boy Blvd. address; Bad Boy is at 102 Industrial Drive.

Tianyuan Garment Factory Turns Tide: 400 Jobs ‘Reshored’ to Little Rock

by Sarah Campbell-Miller 11/28/2016 12:00 am

A Chinese garment maker’s plan to spend $20 million building a factory in Little Rock is an example of a manufacturing phenomenon that is picking up steam as automation begins to wash out the labor cost advantage that for decades enticed manufacturers to move overseas.

Chinese Garment Manufacturer Made First Move on Arkansas

by Sarah Campbell-Miller 11/28/2016 12:00 am

Suzhou Industrial Park Tianyuan Garment Co., the company spending $20 million to open a garment plant in Little Rock late next year, made the first move on Arkansas in December 2015.

Arkansas Attracts Chinese Garment Plant With Tax Incentives

by Sarah Campbell-Miller 11/28/2016 12:00 am

A multimillion-dollar incentives package is helping attract the Chinese garment maker that plans to build a $20 million plant in Little Rock and open it by the end of 2017.

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