Tagged: arkansas economic development commission

Therma-Flite Planning $1.6 Million Expansion

by Luke Jones 4/14/2014 12:00 am

Therma-Flite of Benicia, Calif., is planning for an expansion of its El Dorado facility that's expected to cost up to $1.6 million.

Lawmaker Jane English Helps Spur Workforce Training Reform

by Jan Cottingham 4/7/2014 12:00 am

State Sen. Jane English has no use for the private option, the Medicaid expansion providing health insurance to the poor. But the Republican lawmaker from North Little Rock saw an opportunity and took it, and what began as an old-fashioned political horse trade — you get my vote, I get something for my constituents — appears likely to evolve into a governor-backed legislative package that next year will seek to transform workforce training in Arkansas.

Little Rock Taking Lead in Switch to CNG (Bruce Moore Commentary)

by Bruce Moore 3/3/2014 12:00 am

This first quarter and in particular the month of March mean new cost savings for the city of Little Rock as it opens its first city-owned and operated compressed natural gas fueling station.

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.”

State Awaits $459K Incentive Payback From Hewlett-Packard

by Mark Carter 1/22/2014 10:57 am

The check is in the mail, or will be soon, according to state officials who negotiated a deal with Hewlett-Packard to repay a portion of the $10 million in state incentive money the company received in 2008 when it opened a customer-service center in Conway.

Soul of the South Buys Little Rock HQ

by Luke Jones 1/20/2014 12:00 am

Soul of the South, a new television network targeting African-American viewers from Southern states, says it will pump up its Little Rock headquarters in order to expand its national reach.

Recovery of Dassault Falcon Jet Benefits Arkansas

by Luke Jones 12/9/2013 12:00 am

One of Little Rock's most important international companies sits directly under the flight paths of travelers departing and returning from overseas.

Advanced Cabling Systems to Build New Facility, Add 25 Jobs

by Mark Carter 10/22/2013 11:11 am

Advanced Cabling Systems breaks ground on a 6,100-SF facility next to its company headquarters in the NorthShore Business Park in Little Rock.

Rod Ford's nGage Labs to Open Analytics Center in River Market

by Mark Carter and Lance Turner 10/11/2013 10:09 am

Gov. Mike Beebe and nGage Labs announced on Friday that the company will open an Analytics Innovation Center in the River Market District in downtown Little Rock.

Deal Reached for Nordex to Pay Back $2.5M in Incentives

by Arkansas Business Staff 8/30/2013 01:56 pm

Nordex USA has reached an agreement with the state of Arkansas and the city of Jonesboro to repay more than $2.5 million in grants it received to build its wind turbine manufacturing plant.

HP, Nordex Expected To Refund Incentive Funds After Failing to Meet Goals

by Mark Friedman 8/26/2013 12:00 am

Companies that take cash from the Governor's Quick Action Closing Fund and then fail to deliver on the promises of jobs should expect to repay some of the incentive money.

Arkansas Photonics Industry Alliance to Align Optics Companies

by Luke Jones 8/12/2013 12:00 am

Two optics entrepreneurs are working to unite the state's photonics manufacturing industry by creating the Arkansas Photonics Industry Alliance, a cluster of all the companies in the state that are opto-electric manufacturers.

Wind Supporters Link Subsidies to Survival of Arkansas' Wind Energy Sector

by Luke Jones 7/15/2013 12:00 am

With the announced closure of Nordex USA's wind turbine plant in Jonesboro, it's starting to look like Arkansas' wind energy industry didn't survive the election.

Hewlett-Packard, Nordex Take A Bite Out of Arkansas Jobs

by Chuck Bartels, The Associated Press 7/9/2013 07:19 am

Hewlett-Packard's announcement that it will lay off 500 workers in Conway dealt Arkansas a second blow in as many weeks from once-promising employers whose business models didn't work as expected.

Update: Hewlett-Packard to Lay Off 500 in Conway

by Luke Jones and Lance Turner 7/8/2013 03:33 pm

Hewlett-Packard, the computer and information technology services company that has struggled as PC sales have declined, said Monday that it is laying off 500 people at its services center in Conway.

AEDC Chief Grant Tennille Backs Gay Marriage

by Andrew DeMillo, The Associated Press 7/8/2013 11:26 am

Arkansas' top economic development official calls for legalizing gay marriage and says the move could make the state a leader in the South and attract new business.

Landing Dassault Falcon: How Local Officials Collaborated on a $60M Expansion Deal

by Luke Jones 7/1/2013 12:00 am

Dassault Falcon Jet's $60 million, 250,000-SF expansion announced in May was the result of years of state and federal officials toiling to make the Clinton National Airport the best location for the jet finishing facility.

Gov. Mike Beebe Slams Congress as Nordex Stops Production

by Luke Jones 6/28/2013 11:18 am

Production at Nordex USA in Jonesboro might have continued if Congress had put more power into a federal tax credit for wind companies, Gov. Mike Beebe tells Arkansas Business.

AEDC on Nordex: 'This Did Not Catch Us By Surprise'

by Luke Jones 6/28/2013 10:00 am

A spokesman for the Arkansas Economic Development Commission says that the end of production at the Nordex USA facility in Jonesboro "did not catch us by surprise," and that the wind energy company was working with the AEDC on what would happen to millions of dollars in incentives for the plant.

Del Boyette on Maintaining Economic Development in Arkansas

by Arkansas Business Staff 6/17/2013 12:00 am

Boyette was executive director of the Arkansas Industrial Development Commission (now the Arkansas Economic Development Commission) from 1993 to 1997. He went on to become the deputy commissioner for economic development for the Georgia Department of Industry, Trade & Tourism, eventually forming his own economic development consulting company, Boyette Strategic Advisors, and returning to Arkansas.