Tagged: manufacturing

Tech Park Has $522M Impact, UA Study Finds

by Arkansas Business Staff 10/30/2014 10:34 am

The Arkansas Research & Technology Park has had an economic impact of more than a half-billion dollars since it was opened 10 years ago, according to an analysis by the UA's Center for Business and Economic Research.

US Economy Grew at 3.5 Percent Rate in 3Q

by Associated Press 10/30/2014 9:14 am

The U.S. economy grew at a solid annual rate of 3.5 percent in the July-September quarter, propelled by solid gains in business investment, export sales and the biggest jump in military spending in five years.

Simmons Foods to Close Northeast Oklahoma Poultry Plant

by Associated Press 10/30/2014 7:39 am

An Arkansas-based poultry company has announced plans to close its processing plant in northeastern Oklahoma.

TMW to Open $20M Plant Near Big River Steel, Employ 45

by Mark Carter 10/28/2014 2:32 pm

A company called The Materials Works Ltd. (TMW) reveals plans to build a flat rolled toll processing center adjacent to Big River Steel, which is now under construction just south of Osceola. The $20 million TMW plant will create 45 jobs.

Bob Lamb, Longtime State Chamber Leader, Dies at 82

by Jan Cottingham 10/27/2014 8:58 am

Bob Lamb, who headed the Arkansas State Chamber of Commerce/Associated Industries of Arkansas for 25 years and worked on economic development in the state for many more, died Saturday in Fayetteville. He was 82.

Weyerhaeuser CEO Doyle R. Simons Says Housing Stats On Path Out of the Woods

by Arkansas Business Staff 10/27/2014 12:00 am

Simons has been a director of Weyerhaeuser since June 2012. He was chairman and CEO of Temple-Inland Inc. from 2008 to February 2012, when it was acquired by International Paper. He held various management positions with Temple-Inland, including executive vice president from 2005 to 2007 and chief administrative officer from 2003 to 2005. Before joining Temple-Inland in 1992, he practiced real estate and banking law with Hutcheson & Grundy LLP of Houston.

Clean Power Means Good Jobs for State (Glen Hooks Commentary)

by Glen Hooks 10/27/2014 12:00 am

Arkansas, true to our tradition, has languished as the rest of the nation moves toward a clean-energy future. While the rest of the country is transitioning away from coal-fired electricity, Arkansas has opened two coal-fired power plants in the past five years to join its three older coal-fired power plants.

Land of Opportunity? (Editorial)

by Arkansas Business Editors 10/27/2014 12:00 am

Utility officials and others say the only way Arkansas can meet the EPA goals is by closing a coal-fired plant or two, action that would hurt Arkansas’ economy. Regulation is a job killer, they say.

Georgia-Pacific Leads List of Largest Forest Products Companies in Arkansas

by Arkansas Business Staff 10/27/2014 12:00 am

This year’s list of largest forest products companies is little changed from last year. One company, however, ITW Shippers of Fordyce with 143 employees in 2013, fell off the list. It has been sold, according to a company employee, but the company failed to respond to repeated requests for information.

Bioenergy Push Spurs 2 New Wood Pellet Plants in Pine Bluff, Monticello

by Jan Cottingham 10/27/2014 12:00 am

Europe’s increasing emphasis on renewable energy lies behind the announcements this summer that two companies plan to build wood pellet plants in Arkansas.

Sweet: ‘A Pure Arkansas-Flavored Investment’ for Arkansas Teachers Retirement System

by George Waldon 10/27/2014 12:00 am

The Arkansas Teacher Retirement System, the state’s largest pension fund, has invested about $73 million in 14,580 acres of cropland since it began building its roster of farm holdings four years ago.

New Shipping Law More Miss Than Hit, Arkansas Wine Producers Say

by Marty Cook 10/27/2014 12:00 am

Arkansas’ wine producers said Act 483, which went into effect in August 2013, puts the state wineries at a competitive disadvantage to out-of-state shippers. The Alcoholic Beverage Control Administration said 114 permits have been issued to allow shipping to Arkansas consumers, but only two permits have been given to a state winery.

Picasolar Receives $800k DOE Grant for Solar Efficiency

by Mark Carter 10/23/2014 10:08 am

The $800,000 DOE grant will be matched by $200,000 from Picasolar. Douglas Hutchings, CEO of both Picasolar and Silicon Solar Solutions, said the SunShot awards are the most prestigious and competitive grants a solar startup can receive.

Deltic Timber 3Q Profit Sees Slight Bump

by Jan Cottingham 10/22/2014 4:56 pm

Deltic Timber Corp. of El Dorado announces an increase in net income in third-quarter 2014 to $6 million compared with $5.9 million in third-quarter 2013.

Arkansas Unemployment Rate Falls to 6.2 Percent in September

by Lee Hogan 10/21/2014 9:25 am

Arkansas' unemployment rate dropped one-tenth of a percentage point from August to 6.2 percent in September, according to data released by the state Department of Workforce Services on Tuesday.

UA Study: Well Connected CEOs Can Be Bad for Firms They Lead

by Arkansas Business Staff 10/20/2014 9:28 am

A University of Arkansas study suggests that the more socially connected a chief executive officer is, the less success his firm experiences.

16 Arkansas Public School Superintendent Jobs Top $200,000

by Gwen Moritz 10/20/2014 12:00 am

The list includes 247 current-year superintendents of public school districts and a few charter schools, and it ranks them by the total compensation package — salary plus benefits — paid to the superintendent of that school district in the 2013-14 academic year.

Top College Officials See Sizable Pay Raises

by Mark Friedman 10/20/2014 12:00 am

Arkansas Business reviewed the Administrator’s Compensation Survey reports filed with the state Department of Higher Education for the 2010 and 2014 fiscal years. In the four-year period, the number of six-figure employees included in the report increased from 460 to 703.

Trash Bag Alternative on Fayetteville Shelves

by Michelle Corbet 10/20/2014 12:00 am

Fayetteville’s grocery co-operative Ozark Natural Foods is now carrying a compostable substitute for the traditional plastic trash bag created by two University of Arkansas graduates.

UCA, UALR Redesign Their MBA Programs

by Jan Cottingham 10/20/2014 12:00 am

Two central Arkansas universities have redesigned their MBA programs recently in an effort to better meet the needs of students and employers and to set themselves apart from other schools.