Tagged: manufacturing

Bentonville Retains Top Spot on ATBI

by Mark Carter 9/1/2015 9:33 am

Bentonville retains its spot atop the Arkansas Tech Business Index, while eight of the 18 cities listed on the index finished the second quarter of 2015 with a rating greater than 100.

Cree Fayetteville Receives $4M from USAF for F-35 Power Module

by Mark Carter 9/1/2015 9:03 am

Cree Inc., the LED and semiconductor manufacturer that purchased Arkansas Power Electronics International of Fayetteville in July, received $4.1 million contract from the U.S. Air Force.

August Survey Suggests Economic Doldrums Ahead for Midwest

by Associated Press 9/1/2015 7:01 am

An August survey suggests there will be little or no economic growth over the next three months in a nine-state region of the Midwest and Plains.

JLTV Pursuit Offers Lesson for Future Deals (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 8/31/2015 7:10 am

Arkansas' failure to land a major military vehicle contract is a disappointment for officials who hoped to tout another "superproject" in the state. But it's not the setback that other missed economic deals have been, nor will it prompt the same level of soul-searching.

Central Arkansas Industrial Space Vacancy Rate Slips

by Arkansas Business Staff 8/31/2015 12:00 am

The vacancy rate for industrial space in central Arkansas fell slightly in the second quarter compared with the year-ago quarter, to 11.7 percent compared with 11.9 percent in second-quarter 2014.

Harrison's ReBounces Puts Extra Life Into Tennis Balls, Courts

by Mark Carter 8/31/2015 12:00 am

ReBounces, founded in 2008 and one of the first startups affiliated with the Innovate Arkansas program, developed a way to repressurize old tennis balls and give them new life.

US Economy Surged at 3.7 Percent Rate in April-June Quarter

by Associated Press 8/27/2015 8:11 am

The U.S. economy posted a much bigger rebound in growth during the spring than previously reported, thanks to improvements in a number of areas including consumer spending and business investment.

Federal Appeals Court: Tyson Foods Doesn't Underpay Workers

by Associated Press 8/26/2015 3:13 pm

Tyson Foods doesn't have to pay workers at two of its Nebraska plants for the time they spend putting on and taking off safety gear and preparing for work, a federal appeals court ruled.

Oshkosh Corp. Beats Lockheed Martin, AM General to Make JLTVs

by Lance Turner 8/25/2015 4:05 pm

The U.S. Army on Tuesday awarded a contract to build the military's new Joint Light Tactical Vehicle to Oshkosh Corp. of Oshkosh, Wisconsin, beating Lockheed Martin, which would have made the vehicles in Camden.

Military Close to Awarding JLTV Contract

by Andrea Shalal, Reuters 8/25/2015 1:26 pm

The U.S. Army is expected to award a contract on Tuesday for a new armored truck to replace thousands of aging Humvees, a long-awaited deal that could be worth up to $30 billion for the winning team.

ADEQ: Clean Power Plan Final Rule Improvement Over Draft

by Mark Carter 8/24/2015 12:40 pm

Arkansas is in better shape under the federal Clean Power Plan final rule than it was under the plan's draft, Arkansas Department of Environmental Quality Director Becky Keogh said Monday.

Big River Tabs David Stickler as New CEO

by Arkansas Business Staff 8/20/2015 3:41 pm

Stickler is a member of Big River's board of directors and had served as its chief administrative officer. In addition, board member Dan Murray was appointed chairman and Big River Construction Manager Jim Bell was elected to the board.

Big River's John Correnti Found Dead in Chicago

by Arkansas Business Staff 8/19/2015 9:01 am

John Correnti, CEO of Big River Steel, was found dead Tuesday in Chicago. He was 68. A cause of death has not been released. Correnti was leading the $1.3 billion steel mill project being built south of Osceola in Mississippi County.

Wind Power Still Benefits Arkansas (Feedback)

by Steve Patterson 8/17/2015 12:00 am

While the state’s unlucky timing in launching its bid to become a wind component manufacturing hub hurt the prospects of large component manufacturers like Nordex and Mitsubishi, the growth of the wind power sector nationwide continues to benefit the Arkansas economy.

Nestle Net Profit, Sales Down Slightly in First Half of Year

by Associated Press 8/14/2015 12:40 pm

Food and drinks giant Nestle says sales and net profit declined slightly in the first half due to currency fluctuations and a recall of Maggi noodles in India.

US Factory Output Climbed in July, Lifted by Auto Production

by Associated Press 8/14/2015 12:36 pm

Auto plants, clothing makers and plastics factories drove a sharp rebound in U.S. manufacturing in July.

Blue Bell Begins 1st Ice Cream Shipments After Listeria

by Associated Press 8/13/2015 12:51 pm

Blue Bell Creameries has resumed ice cream shipments four months after listeria contamination halted sales and production.

Diamond Agency Picked To Publish Arkadelphia Chamber Guide

by Sean Beherec 8/10/2015 12:00 am

The Diamond Agency of El Dorado has been chosen to publish the Arkadelphia Regional Economic Development Alliance & Chamber of Commerce 2016 Visitors & Relocation Guide.

Watergate Apartments Draw $7.8 Million Sale (Real Deals)

by George Waldon 8/10/2015 12:00 am

The sale of a 148-unit apartment complex in Little Rock tipped the scales at $7.8 million.

Survey: US Businesses Added 185K Workers in July

by Associated Press 8/5/2015 11:57 am

The rate of hiring by U.S. businesses slowed in July, according to a private survey. But job gains remained at a solid level, which should help boost overall economic growth.