Tagged: manufacturing

Lockheed Martin in Camden to Work $1.5B Contract

by Alexis Hosticka 7/27/2015 2:09 pm

Lockheed Martin of Bethesda, Maryland, has received a $1.5 billion contract with the U.S. military for production and delivery of Patriot Advanced Capability-3 missiles and PAC-3 Missile Segment Enhancement missiles.

Deltic Timber 2Q Profit Down 85 Percent

by Lance Turner 7/22/2015 3:42 pm

Wet weather conditions and a slow housing market dampened second-quarter profit for Deltic Timber Corp. of El Dorado, the real estate and timber company reported Wednesday.

Biodiesel Industry Falters; Lack of Support Cited

by Austin DuVall 7/20/2015 12:00 am

Declining gasoline prices that cut demand for biodiesel and the increasing popularity of compressed natural gas as a fuel are two other factors behind the industry’s doldrums, the Arkansas Economic Development Commission and others say.

U.S. Energy Imports Predicted to Fall

by Arkansas Business Staff 7/20/2015 12:00 am

U.S. net energy imports, including all fuels, are expected to decline and then end by 2030, according to the Annual Energy Outlook 2015, a report by the U.S. Energy Information Administration. The end of net imports would be the first time that has been the case since the 1950s, the agency said.

Once Bright, Wind Sector In Arkansas Founders

by Sean Beherec 7/20/2015 12:00 am

What began as a promising new manufacturing sector for the state has petered out into one the Arkansas Economic Development Commission no longer actively pursues.

Delta Bioenergy Goes Local in DeWitt

by Austin DuVall 7/20/2015 12:00 am

A micro-refinery in DeWitt is the test site for a much larger initiative by Delta Bioenergy, a project powered by Communities Unlimited of Fayetteville, a nonprofit. The organization’s goal is to provide infrastructure services to underprivileged areas and allow for lasting economic and entrepreneurial growth.

Harbor's Leslie Davis on How Companies Can Reduce Waste, Regulation

by Arkansas Business Staff 7/20/2015 12:00 am

Leslie Davis, vice president and principal at Harbor Environmental & Safety of Little Rock, co-founded the environmental, safety and engineering consulting firm with Trena Adair in 2007. Davis specializes in acquisition assistance and implementation of compliance management systems.

LSB Industries Projects Higher Costs of El Dorado Expansion

by Associated Press 7/16/2015 1:16 pm

An Oklahoma-based company says the expansion of its chemical plant in southern Arkansas probably will cost more than previously thought.

Arkansas Business to Honor 2015 Best Places to Work at Sept. 16 Luncheon

by Arkansas Business Staff 7/16/2015 11:33 am

Arkansas Business will honor its 2015 Best Places to Work in Arkansas at an awards luncheon Wednesday, Sept. 16.

Beige Book Finds Economic Growth in All Regions of Country

by Associated Press 7/15/2015 2:26 pm

The U.S. economy was expanding in all regions of the country in the late spring, aided by strong sales of autos and other consumer goods.

Jones Innovative Seeks FDA OK for Blood-Draw Device

by Mark Friedman 7/13/2015 12:00 am

The Bifurcated Venous Access Device allows medical providers to draw blood from the same tube used for IV fluids. Spencer Jones entered the product in the ARK Challenge Demo Day in Little Rock in November and won a $150,000 investment.

State Economic Forecaster Michael Pakko Says Arkansas Economy Could Be Dampened by These Two Industries

by Arkansas Business Staff 7/13/2015 12:00 am

Michael R. Pakko took on the job of chief economist and state economic forecaster position at the Institute for Economic Advancement at UALR in August 2009.

Leslie Rutledge Launches Metal Theft Initiative

by Claudia Lauer, The Associated Press 7/10/2015 7:33 am

Attorney General Leslie Rutledge launched an initiative Thursday to deter Arkansas' persistent problem of metal theft through increased training and tracking.

Cree Inc. Buys Arkansas Power Electronics International of Fayetteville

by Lance Turner 7/9/2015 8:26 am

Cree Inc. of Durham, North Carolina, a publicly traded LED and semiconductor manufacturer, said Thursday that it has purchased Arkansas Power Electronics International of Fayetteville.

In Bentonville, Commerce Secretary Announces More Manufacturing Regions

by Associated Press 7/8/2015 3:59 pm

U.S. Secretary of Commerce Penny Pritzker says 12 communities across the U.S. will receive special attention and access for federal funding to help attract manufacturing companies and create jobs.

Wal-Mart Summit Brings Together Government, Business

by Marty Cook 7/8/2015 11:48 am

U.S. Commerce Secretary Penny Pritzker on Wednesday praised Wal-Mart Stores Inc. for its initiative to buy more American-made goods and support the nation’s manufacturing industry. Pritzker was the keynote speaker at the opening session at the U.S. Manufacturing Summit that Wal-Mart hosted at Bentonville High School.

Furniture Factory Outlet to Move Headquarters to Fort Smith

by Arkansas Business Staff 7/7/2015 2:52 pm

Furniture Factory Outlet said Tuesday that it will move its corporate headquarters and manufacturing operations from Muldrow, Oklahoma, to Fort Smith.

Wal-Mart's 'Open Call' Draws Governors, Prospective Vendors

by Marty Cook 7/7/2015 10:36 am

Wal-Mart Stores Inc. held its second "Open Call" with suppliers of U.S.-made products on Tuesday at the company's headquarters in Bentonville.

Millennials Rising as Biggest Share of Workforce

by Arkansas Business Staff 7/6/2015 12:00 am

The millennial generation earlier this year passed Generation X to become the largest share of the U.S. workforce, the Pew Research Center says.

Growing Participation Means Longer List of Largest Trade & Professional Unions

by Austin DuVall 7/6/2015 12:00 am

The Arkansas Business list of the state’s largest trade and professional associations is back after a four-year hiatus, complete with 15 new entries because of greater participation.