Tagged: joe holmes

Nucor Objection Delays Big River Steel Construction

by Arkansas Business Staff 11/4/2013 9:50 am

Nucor Steel is trying to block the opening of a competing $1.1 billion steel mill in northeast Arkansas by objecting to the new company's requests for environmental permits.

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.

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

by Chuck Bartels, The Associated Press 7/9/2013 7:19 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 3:33 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.

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.

Big River Steel Bills Ready for Next Step in Legislature

by Lance Turner 3/12/2013 11:40 am

Arkansas legislators by Monday had filed at least 10 bills dealing with state incentives for the $1.1 billion Big River Steel manufacturing plant proposed for a site near Osceola (Mississippi County).

Legislative Consultant to Vet Big River Steel Project

by Chuck Bartels, The Associated Press 2/24/2013 5:12 pm

The clock is running as legislators seek information about a $1.1 billion steel plant proposed for Osceola. As of Monday, the House and the Senate have 18 working days to look into whether it would be right for the state to $125 million to help finance the project.

Tracking Gov. Mike Beebe's Billion-Dollar Mystery Project

by Lance Turner 1/15/2013 2:55 pm

So the hunt begins. What is the mystery project Gov. Mike Beebe hinted at in his State of the State Address today?