Tagged: manufacturing

International Paper to Buy 7 Pulp Mills from Weyerhaeuser

by Associated Press 5/2/2016 11:35 am

International Paper said it is paying $2.2 billion to buy seven mills from Weyerhaeuser that make pulp used in diapers, tissues and other consumer products.

Midwest Economic Survey Index Figure Drops After 3 Increases

by Associated Press 5/2/2016 7:18 am

Figures from a survey of supply managers in nine Midwest and Plains states have dropped slightly after rising for three months, but they still point to economic growth.

Cajun Cajoling Adds Fuel to Energy Security Speculation

by Arkansas Business Staff 5/2/2016 12:00 am

Although Energy Security Partners CEO Roger D. Williams has said that “all indications are that Jefferson County will be our home,” he also hasn’t expressly ruled out other sites, either.

Hanna’s Candle Gets Burned in Court Judgment

by Arkansas Business Staff 5/2/2016 12:00 am

Last week, Bank of America received a final judgment totaling $6.2 million against Hanna’s Candle Co. of Fayetteville, its owner, Burt Hanna, and two of his limited liability companies.

After Oh Baby Sale, It’s Back to Basics for Fran Free

by Marty Cook 5/2/2016 12:00 am

Fran Free is enjoying life after selling her Oh Baby Foods brand to Blackhive Corp. of Fayetteville for an undisclosed amount this past winter.

Designer Jamie Davidson’s Strong Suit? Vision

by Jan Cottingham 5/2/2016 12:00 am

Jamie Davidson, the founder of Little Rock clothing company Strong Suit, is ready to take on the next retailing frontier: the millennial customer.

US Employment, Earnings Gains Rose in March

by Arkansas Business Staff 5/2/2016 12:00 am

The U.S. economy continued to rebound in March, as private-sector employment and average hourly earnings rose.

Video: Gov. Asa Hutchinson on Jobs at Sun Paper, Mercy Northwest, GW Communication & Sprint

by Lance Turner 4/29/2016 4:07 pm

Gov. Asa Hutchinson talks to reporters at the Little Rock Regional Chamber about this week's array of job announcements, the legislative session and new leadership at the Little Rock School District.

Walnut Ridge, Others See Development Boost from I-57 Designation

by George Jared 4/29/2016 8:52 am

Walnut Ridge Mayor Charles Snapp says designating U.S. 67 from North Little Rock to Walnut Ridge as the future Interstate 57 is "going to open a lot of doors" for northeast Arkansas. U.S. Sen. John Boozman, R-Ark., introduced a provision for the designation in the 2017 federal transportation budget bill.

ArcBest Swings to $6M 1Q Loss, Cites 'Sluggish' Manufacturing

by Arkansas Business Staff 4/29/2016 7:38 am

ArcBest Corp. of Fort Smith on Friday reported a first-quarter net loss of $6.1 million, or 24 cents per share, down from net income of $700,000, or 3 cents per share, in the same quarter last year.

Foreign-Matter Contamination Prompts Pilgrim's Pride Recall

by Associated Press 4/28/2016 1:01 pm

Pilgrim's Pride ordered a massive recall of cooked chicken products Tuesday after consumers and federal meat inspectors found contamination by such foreign material as wood, plastic, rubber and metal.

Update: Sun Paper of China Picks Clark County for $1.3B Pulp Mill

by Gwen Moritz and Lance Turner 4/26/2016 9:57 am

Shandong Sun Paper Industry of China has selected Arkadelphia (Clark County) for a pulp mill plant that will cost between $1 billion and $1.3 billion to build, employ 250 people directly and have an economic impact of up to $100 million a year in the timberlands of south Arkansas.

Deltic Reports Drop in 1Q Net Income

by Jan Cottingham 4/25/2016 4:08 pm

Deltic Timber Corp. on Monday announced net income of $400,000 in the first quarter of 2016 compared with $1.9 million for the first quarter of 2015.

Energy Security Partners CEO Says Fuel Plant 'Not a Risky Project’

by Kyle Massey 4/25/2016 12:00 am

Tell Roger Williams that a multibillion-dollar plant for turning natural gas into liquid fuel near Pine Bluff sounds too good to be true, and he’ll turn to history, engineering and finance to argue it’s too good not to be.

Energy Security Partners Land Dealings Began in 2015

by Kyle Massey 4/25/2016 12:00 am

In pursuing plans for a natural gas-to-liquid fuel production facility, Energy Security Partners of Little Rock spent more than a year securing the land for its likely plant site in northern Jefferson County.

Legacy's Kody Riggan Elected to Equipment Dealers Board (Movers & Shakers)

by Arkansas Business Staff 4/25/2016 12:00 am

Kody Riggan, president and CEO of Legacy Equipment LLC, has been elected to a two-year term on the board of directors of the Midwest-SouthEastern Equipment Dealers Association.

GM Profits More Than Double on Record North America Earnings

by Associated Press 4/21/2016 10:37 am

General Motors' first quarter profit more than doubled as all of its business units posted improved numbers including record pretax earnings in North America

Entrepreneurs Can Find Support at ASU Business Center

by George Jared 4/18/2016 10:42 am

Small businesses form the backbone of the economy in the Jonesboro area, says Arkansas State University Business and Technology Development Center consultant Kelli Listenbee.

Despite First Steps, ESP's Jefferson County Fuel Factory Not Set in Stone

by Arkansas Business Staff 4/18/2016 12:00 am

Jefferson County taxpayers have picked up the tab for nearly $3 million worth of land, and Energy Security Partners has signed a lease, but the plant site is still not quite a done deal, according to CEO Roger Williams.

Defective Merchandise Detailed in Lawsuit from Wal-Mart Vendor

by Arkansas Business Staff 4/18/2016 12:00 am

RND said the relationship between Victory and Wal-Mart soured after Wal-Mart found Victory manufactured goods in Chinese factories that allegedly weren’t approved by Wal-Mart. Making matters worse, defective merchandise allegedly was shipped to the retailer, RND said in its court papers.