Tagged: manufacturing

Shoe Company Munro Laying Off 56 in Hot Springs

by Associated Press 4/18/2014 07:25 am

A shoe company says more than half its workforce at a Hot Springs manufacturing facility will be laid off, leaving 56 people out of work.

April Beige Book Reports Overall Activity Down Across Arkansas, 8th District

by Mark Carter 4/16/2014 01:30 pm

The April book reports a net decrease in manufacturing activity across the district, a decrease in residential real estate activity, mixed results in commercial real estate, and a decrease in lending from district banks.

Deadline to Nominate for Arkansas Export Awards is April 30

by Mark Carter 4/16/2014 09:46 am

The awards honor Arkansas businesses that excel in the international marketplace, and will be presented at a Governor's Mansion luncheon on May 22. All Arkansas companies that sell in international markets are eligible to be nominated.

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.

AERT to Pay $44K Fine In Fatal Fire

by Marty Cook 4/9/2014 10:43 am

Advanced Environmental Recycling Technologies of Springdale agreed to pay fines of $44,000 for violations related to a fatal fire in July.

Rockline Industries Announces Plans for Russellville Plant

by Mark Carter 4/9/2014 10:16 am

Rockline Industries buys a 240,000-SF facility on 30 acres in Russellville to meet demand for its private label products.

Jobless Rates Fall in All Arkansas Metros

by Mark Carter 4/9/2014 09:11 am

Unemployment rates dropped year over year in all seven Arkansas metropolitan areas surveyed by the U.S. Bureau of Labor Statistics, according to data released Wednesday.

Changing Face of Manufacturing Leads to Skills Gap, Job Opportunities

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

For those half-empty-glass people, the increasing use of advanced technology — think robotics, lasers and computers — in manufacturing has led to a "skills gap" that makes finding capable employees challenging. For you half-full-glass folks, the increasing use of advanced technology in manufacturing means that job opportunities exist for those with the right abilities.

Government, Wal-Mart, Tyson Foods Remain Atop Largest Arkansas Employers List

by Marty Cook 4/7/2014 12:00 am

The names of Arkansas' largest employers remain mostly unchanged from a year ago — and every year. State government is still atop the list with nearly 57,000 employees.

Apple Car: A Ripening Idea (Craig Douglass On Consumers)

by Craig Douglass 4/7/2014 12:00 am

The Tesla Model S electric car costs $70,000. The Apple iPhone 5s costs from $199 to $399, depending on the gigabyte storage. But they both use lithium-ion batteries. And that may be the common denominator linking the two companies.

Nontraditional Benefits, Unusual Perks Growing In Popularity

by Luke Jones 4/7/2014 12:00 am

Increasingly, companies are looking to offer benefits that fall outside the normal range: flexible hours, paid lunches, ice cream on Fridays. These perks might not be mentioned in the company handbook, but they're becoming more important in attracting a new generation of employees and keeping the old ones.

Mountain Valley Spring Water IPO Plans Go Dry

by Arkansas Business Staff 4/7/2014 12:00 am

Though Mountain Valley Spring Water of Hot Springs was acquired last month, its plans for an initial public stock offering are officially off the table.

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.

Arkansas Sees 2.2% Rise in State Personal Income

by Arkansas Business Staff 4/7/2014 12:00 am

Average state personal income in the U.S. grew 2.6 percent in 2013, a decline from the 4.2 percent of 2012, according to the U.S. Bureau of Economic Analysis.

UPDATE: Canadian Firm Buys Two Arkansas Lumber Companies

by Jan Cottingham 4/4/2014 10:55 am

Canadian firm West Fraser Timber has bought two Arkansas sawmill and lumber manufacturing operations: Travis Lumber Co. of Mansfield and Bibler Brothers Lumber of Russellville.

US Employers Add 192k Jobs; Rate Stays at 6.7 Percent

by Associated Press 4/4/2014 08:50 am

U.S. employers added jobs at a solid pace in March and hired more in January and February than previously thought. Friday's government report sent a reassuring signal that the economy withstood a harsh winter that had slowed growth.

Survey: US Companies Add 191K Jobs in March

by Associated Press 4/2/2014 11:31 am

A private survey shows that U.S. companies increased hiring at a healthy pace last month, suggesting that the jobs market is recovering from a brutal winter.

Rand Paul: Give Caterpillar Award for Tax Strategy That Saved Billions

by Associated Press 4/2/2014 07:45 am

Caterpillar Inc. executives defended a tax strategy Tuesday that has saved the manufacturing giant billions in U.S. taxes. They got support from Republican senators, including one who said the company deserves an award.

Exxon: Highly Unlikely World Limits Fossil Fuels

by Associated Press 4/1/2014 11:46 am

On the same day the world's scientists issued their latest report on climate change and the risks it poses to society, the nation's biggest oil and gas company said the world's climate policies are "highly unlikely" to stop it from selling fossil fuels far into the future.

US Auto Sales Expected to Rise 2 Percent in March

by Associated Press 4/1/2014 11:45 am

Automakers said Tuesday that new car and truck sales picked up speed halfway through March, culminating in a strong final weekend.