Tagged: manufacturing

No Daily Report, Morning Report or E-newsletters on Thursday, Friday

by Arkansas Business Staff 11/26/2014 11:03 am

Arkansas Business will not send the Daily Report, Morning Report or weekly industry e-newsletters on Thursday and Friday in recognition of the Thanksgiving holiday.

Picasolar Gets New Funding, Works to Scale Innovative Solar Cell

by Mark Carter 11/26/2014 9:31 am

Fresh off a new round of federal SunShot Initiative funding and a $1.2 million round of equity capital, Fayetteville's Picasolar will spend the next 10 to 12 months scaling its solar cells to meet the industry standard.

US Economy Grew at 3.9 Percent Rate in 3Q

by Associated Press 11/25/2014 8:30 am

The U.S. economy grew at a solid 3.9 percent annual rate in the July-September period, even faster than first reported, giving the country its strongest six months of growth in more than a decade.

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.

Evaluating New Minimum Wage’s Effects (Michael Pakko Commentary)

by Michael Pakko 11/24/2014 12:00 am

With the passage of ballot initiative No. 4, the minimum wage in Arkansas will increase in three steps to $8.50 per hour in 2017, $1.25 above the current federal minimum, making Arkansas one of many states to increase the minimum wage above the federally mandated level.

Watson Furniture Gets New Lease on Life (NWA Real Deals)

by Marty Cook 11/24/2014 12:00 am

Philip Taldo has had a busy, happy month. Top on his list is his purchase of Watson Furniture Store on Main Street in downtown Springdale. Taldo, a Springdale real estate agent, paid $250,000 for the two-story, 10,720-SF building that he remembers fondly as the place his father started working at in 1951.

DRA Investing $3.7M in Delta Projects

by Arkansas Business Staff 11/20/2014 1:46 pm

The DRA estimates the eight Arkansas investments can help create and retain 1,050 local jobs for local residents. The projects include water and sewer improvements for the Big River Steel project in Osceola.

Whirlpool Releases Report on TCE at Arkansas Site

by Associated Press 11/20/2014 11:05 am

Whirlpool Corp. says in its new quarterly report that chemical injections this year at its closed Fort Smith facility decreased groundwater contamination levels.

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.

Rock Town Distillery Ranked High in 'Whisky Bible'

by Arkansas Business Staff 11/17/2014 12:00 am

Little Rock’s Rock Town Distillery has been recognized for producing the “2015 US Micro Whisky of the Year” for its Single Barrel Bourbon Whiskey.

Tyson Family Stock Nears $3 Billion; Waltons No. 1 On Top Stockholders List

by Gwen Moritz 11/17/2014 12:00 am

The second-wealthiest family in northwest Arkansas, the Tysons, saw their stock holdings increase by nearly $1 billion over the past year — an increase of more than 40 percent.

Investment, Jobs Buoy Fort Smith's Chaffee Crossing

by Marty Cook 11/17/2014 12:00 am

Chaffee Crossing, the 7,000-acre Army surplus property in Fort Smith, continues to be a popular development destination in its new civilian life, playing host to a spate of expansion and relocation announcements during the past year.

Cameron Smith & Associates' Mission To Put More Women in Public Company Boardrooms

by Jan Cottingham 11/17/2014 12:00 am

Diversity on corporate boards has been an issue for years. Most companies recognize that having directors from varied backgrounds isn’t simply a theoretical matter of equity; it’s a matter of performance. Cameron Smith wants to use the contacts built up over 20 years of helping to put women on corporate boards. And women — particularly in Arkansas — could use his help.

Pinnacle North Commemorates Expansion, Plans to Hire 25 Employees

by Lee Hogan 11/11/2014 2:51 pm

Pinnacle North Corporate Aircraft Interiors of Little Rock has invested $1.75 million into the company to quadruple its space and hire an additional 25 employees by the end of 2015.

Intimidator of Batesville to Manufacture New UTV, Expand Plant

by Mark Carter 11/11/2014 2:35 pm

Intimidator Inc. of Batesville will expand its manufacturing plant and add employees to accommodate a partnership with Mahindra USA to manufacturer an all-new line of utility vehicles.

Barbara Goswick, Don Smith Top List of CFO of the Year Honorees

by Arkansas Business Staff 11/10/2014 12:00 am

Arkansas accounting professionals took an unaccustomed turn at center stage last Wednesday at the Arkansas Business CFO of the Year Awards luncheon at the Embassy Suites in west Little Rock.

ARK Challenge's Skosay Looks to Open Private Channels for Consumers

by Mark Carter 11/6/2014 9:23 am

Fayetteville's Skosay has developed a private two-way communications channel for customers and businesses to share feedback in real time, and wants to be that next big NWA venture.

Report: Midwest Economic Index Drops Again

by Associated Press 11/3/2014 8:17 am

A monthly economic survey index for nine Midwestern and Plains has dropped again. Creighton University economist Ernie Goss oversees the survey, and he says sharp declines in grain and crude oil prices drove down the overall index for the month. He says the index figure points to slow economic gains ahead.

Anthony Puts Heat on Insurance Company After Sawmill Fire

by Arkansas Business Staff 11/3/2014 12:00 am

Anthony Forest Products Co. is hauling its insurance carrier into court for allegedly failing to pay off a claim for a 2013 fire that caused $5.6 million in damage.

Bank Branch Count in Arkansas Dwindles After Mergers

by Gwen Moritz 11/3/2014 12:00 am

After reaching a peak of 1,513 in mid-2008, Arkansas’ branch network had fallen to 1,388 as of this year’s summary of deposits, which was released on Sept. 29. A net reduction of 54 branches happened in the 12 months that ended June 30.