Tagged: manufacturing

Nine Billionaires with Arkansas Ties Make Forbes 500 List

by Mark Carter 3/2/2015 10:33 am

Nine billionaires with Arkansas ties find themselves on the most recent Forbes 500 list of the world's richest people, released this week.

February Report: Economic Growth Likely in Midwest, Plains

by Associated Press 3/2/2015 7:18 am

A new report suggests economic growth is ahead for nine Midwestern and Plains states.

Central Arkansas Industrial Vacancy Rate Slips

by Arkansas Business Staff 3/2/2015 12:00 am

The vacancy rate for industrial space in central Arkansas fell slightly in fourth-quarter 2014, slipping to 11.6 percent compared with 11.7 percent in the third quarter and 11.8 percent in fourth-quarter 2013.

Banded Brands Hear Call to Springdale

by Arkansas Business Staff 3/2/2015 12:00 am

Chuck Browning, CEO of Banded Holdings Inc. of Fayetteville, says part of a recent $10 million investment includes buying the Banded Brands license from Maxx Outdoors of Council Bluffs, Iowa. The price paid for the license wasn’t publicly disclosed, but some of the money raised went for working capital and inventory, Browning said.

Aerospace Industry Works To Get Word Out

by Marty Cook 3/2/2015 12:00 am

The seventh annual Arkansas Aerospace Summit will be held March 10-11 at the Crowne Plaza in Little Rock. It is being hosted by the Arkansas Aerospace & Defense Alliance, a group of aerospace companies that was formed in 2012.

Beer Tourism Contributing to Growth in Industry

by Sean Beherec 3/2/2015 12:00 am

Tourism officials around the state are banking on growing interest in craft beers, leveraging the brewing industry’s popularity to draw business to breweries and to the state’s other attractions.

US Economic Growth in Q4 Revised Down to 2.2 Percent

by Associated Press 2/27/2015 11:22 am

The U.S. economy slowed more sharply in the final three months of the year than initial estimates, reflecting weaker business stockpiling and a bigger trade deficit.

Cameron Smith, Karen Fetzer Named Top Executives at Arkansas Business of the Year Awards

by Arkansas Business Staff 2/27/2015 5:14 am

Cameron Smith of Cameron Smith Associates of Rogers and Karen Fetzer of the Rotary Club of Little Rock won executive of the year awards at Thursday's 27th annual Arkansas Business of the Year Awards at the Statehouse Convention Center in Little Rock.

Meet the Finalists of the 27th Annual Arkansas Business of the Year Awards

by Arkansas Business Staff 2/26/2015 11:37 am

Since 1988, Arkansas Business has honored the state's top executives, small businesses and nonprofits with the annual Arkansas Business of the Year Awards. Readers make nominations and an independent panel of judges selects the winners.

Deltic Timber 4Q Net Income Up 52 Percent

by Lance Turner 2/25/2015 3:38 pm

Deltic Timber Corp. of El Dorado on Wednesday reported fourth-quarter net income of $3.5 million, up 52 percent from the same quarter last year amid increases in residential lot sales.

Judge Dismisses Nucor's Federal Lawsuit Against Big River Steel

by Associated Press 2/25/2015 3:11 pm

A lawsuit seeking to stop construction of a steel mill in northeast Arkansas has been dismissed.

Defying GOP, Obama Vetoes Keystone XL Pipeline Bill

by Associated Press 2/24/2015 3:06 pm

Defying the Republican-run Congress, President Barack Obama rejected a bill Tuesday to approve construction of the Keystone XL oil pipeline, wielding his veto power for only the third time in his presidency.

Company Chooses Louisiana Over Arkansas, Others For $1.2B Aluminum Mill

by Associated Press 2/23/2015 8:44 am

Central Louisiana is the announced site for a proposed $1.2 billion aluminum mill that would hire 650 or more workers to supply aluminum for automobile bodies.

German Steel Company to Buy Vacant Building in Osceola

by Associated Press 2/20/2015 3:33 pm

The Osceola city council has agreed on a proposed sale of a vacant building to the German steel company, SMS.

Caterpillar Staying Put in Peoria, Expanding Headquarters

by Associated Press 2/20/2015 11:35 am

Caterpillar Inc. announced Friday that it is keeping its global headquarters in downtown Peoria and expanding its corporate campus in what it called a re-commitment to the central Illinois city.

Redman & Associates Adds Details to Claims Against Chinese Toy Maker

by Marty Cook 2/19/2015 2:08 pm

A Rogers vendor has alleged that a Chinese toy manufacturer cost it a $70 million contract with Wal-Mart Stores Inc. of Bentonville.

Power Technology Receives $100k from ASTA to Develop Laser Projection System

by Arkansas Business Staff 2/13/2015 3:12 pm

Power Technology Inc. of Alexander has developed a laser projection technology called Illumina that it believes can replace traditional movie projection systems. The Arkansas Science & Technology Authority has invested $100,000 in the technology.

Tyson Grant to Support Retention and Graduation of Underrepresented Students at UA

by Arkansas Business Staff 2/12/2015 9:13 am

Tyson Foods Inc. has awarded a $120,000 grant to the University of Arkansas to retain and ultimately graduate underrepresented juniors and seniors majoring in the science, technology, engineering, mathematics, business technology, food science and agricultural fields.

5 to Be Inducted Into Arkansas Agriculture Hall of Fame

by Arkansas Business Staff 2/11/2015 10:42 am

Five Arkansans will be inducted into the Arkansas Agriculture Hall of Fame in a ceremony on March 6, the Arkansas Farm Bureau has announced.

Labor Force Dropped in Central Arkansas Since 2007

by Arkansas Business Staff 2/9/2015 12:00 am

The labor force fell 1.9 percent in central Arkansas from 2007 to 2014, though the population grew 7.3 percent, according to planning agency Metroplan.