Tagged: arkansas economic development commission

Canadian Company Comact Setting Sights on Union County Sawmill

by Arkansas Business Staff 11/24/2014 12:00 am

Multiple sources have confirmed that a Canadian sawmill equipment operator called Comact — that’s pronounced “CO-mact” — is looking at buying the long-shuttered Georgia-Pacific sawmill that is now owned by private investors.

Mississippi Could Be Site for $1.2B Aluminum Mill

by Associated Press 11/18/2014 7:12 am

Mississippi appears to be the favored location for a proposed $1.2 billion aluminum mill that would hire 650 workers. But the company CEO says Arkansas, Tennessee and other states might also be in the running.

Groundbreakings Planned on Major Arkansas Projects

by Jill Bleed, The Associated Press 9/21/2014 5:33 pm

Construction work is set to begin this week on two highly anticipated projects in Arkansas: a $1.3 billion steel mill in Osceola and the new $50 million museum in Fort Smith honoring the U.S. Marshals Service.

Toymaker Redman’s Rough History Doesn’t Deter State Investment

by Marty Cook 9/8/2014 12:00 am

The state’s top economic development official said he has no undue concerns about a $2 million taxpayer investment in Redman & Associates, despite the CEO’s bankruptcy a decade ago and subsequent litigation, including a lawsuit related to the product the company is manufacturing in Rogers.

Trans-Atlantic Trade Expedition Bears Promise of Arkansas Jobs

by George Waldon 9/8/2014 12:00 am

Gov. Mike Beebe and Grant Tennille, executive director of the AEDC, hinted that meetings in Europe would yield announcements in the not-so-distant future regarding new jobs and capital investment in Arkansas.

AEDC Awards $1.4M in Development Grants

by Associated Press 8/15/2014 11:48 am

Arkansas has awarded nearly $1.4 million in grants for structural improvements in eight communities.

Blue Rooster to Open Poultry Plant in Warren, Employ 100

by Arkansas Business Staff 8/13/2014 11:30 am

A company called Blue Rooster plans to open a poultry deboning operation and employ 100 people at 110 Industrial Park Drive in Warren, the Arkansas Economic Development Commission said Wednesday.

Big River Steel's John Correnti on Government's Role in Private-Sector Projects? 'Stay Out'

by Arkansas Business Staff 7/28/2014 12:00 am

John Correnti, chairman and CEO of Big River Steel LLC, has more than 40 years of experience in the steel industry. Big River Steel, a $1.3 billion project, is being built in Mississippi County near Osceola. It’s expected to employ more than 525 workers with average yearly compensation of $75,000.

State OKs $2M to Convert Former Nordex USA Plant

by Associated Press 6/13/2014 9:53 am

The Arkansas Economic Development Commission said Thursday that the money will help TrinityRail Maintenance Services Inc. convert the now-closed Nordex USA wind turbine in Jonesboro.

Influence and Income Inequality (Blake Rutherford On Politics)

by Blake Rutherford 5/6/2014 7:05 pm

Income equality is rising in the United States, and a new study from Princeton and Northwestern shows power more concentrated in elites than ever before. The ramifications on Arkansas's economy are significant, and the response will shape our financial landscape for decades to come.

Mike Beebe, Others Mark 40th Anniversary of Block Grant Program

by Arkansas Business Staff 4/21/2014 11:39 am

Gov. Mike Beebe and officials with the Arkansas Economic Development Commission on Monday are marking the 40th anniversary of the Community Development Block Grant program.

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 Sending Group to Europe to Woo Weapons Manufacturers

by Associated Press 2/14/2014 11:42 am

Grant Tennille says the Czech Republic has a growing industry for firearms accessories and that the state is looking for opportunities to bring a manufacturer to Arkansas.

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.