Tagged: manufacturing

Packaging Specialties a Printing Success in Fayetteville

by Marty Cook 5/30/2016 12:00 am

Packaging Specialties VP Dan Nichols, 72, started working with PSI as an outside accountant when the company was founded by Hays Biggs in 1975. Twenty years ago, he left private practice to join the company as the vice president of financing.

2 Banks Join Arkansas Business' Largest Private Companies List

by Gwen Moritz 5/30/2016 12:00 am

The 75 largest private companies in Arkansas generated total revenue — self-reported and estimated — of $34.2 billion in their most recent fiscal years, up more than 4 percent in a year.

Trustee Charges Collusion in Allens’ Case

by Mark Friedman 5/30/2016 12:00 am

The trustee in Allens Inc.’s Chapter 7 liquidation has accused some creditors of scheming to buy the Siloam Springs vegetable and food processor out of bankruptcy in 2014 in order to save themselves millions while leaving most creditors holding an empty bag.

Parcels Near Bowman Road Bought for $2.9 Million

by Arkansas Business Staff 5/30/2016 12:00 am

Apartment acreage, a manor, an industrial project and undeveloped land provide an all-Little Rock lineup of multimillion-dollar real estate transactions.

Edward Hurley Stocks Up on Warehouses in Northwest Arkansas

by Arkansas Business Staff 5/30/2016 12:00 am

Investor Edward Hurley bought more than 200,000 SF of warehouse space in northwest Arkansas in the last few months of 2015. He just added another 200,000 or so when he and two partners paid $8.6 million for property on East Robinson Avenue in Springdale.

Peco Foods Plant Bringing 1,000 Jobs to Northeast Arkansas

by George Jared 5/27/2016 9:32 am

In 2014, Peco Foods Inc. announced it was building a massive poultry processing plant in Pocahontas. That project is now nearing completion and is expected to spur economic activity in the area.

No Daily Report on Memorial Day

by Arkansas Business Staff 5/27/2016 5:30 am

Arkansas Business will not publish its Daily Report and Morning Roundup e-newsletters on Memorial Day, and the three weekly e-newsletters scheduled for Monday afternoon will be sent later in the week.

Court Upholds $3M Judgment Against Gerber Products Co.

by Associated Press 5/26/2016 10:18 am

Arkansas' highest court says a baby food manufacturer must pay more than $3 million to workers for the time they spent dressing and undressing into uniforms and protective gear.

5 Companies Given Global Trade Awards, Trans-Pacific Partnership Touted

by Sarah Campbell 5/25/2016 9:10 am

Esterline Defense Technologies, CAT Squared, RH Preyda, Cobb-Vantress Inc. and Rock Town Distillery Inc. were recognized at an annual luncheon Tuesday.

Be Pro Be Proud Initiative Receives $80K in Investments

by Arkansas Business Staff 5/24/2016 2:37 pm

The Arkansas State Chamber of Commerce and the Associated Industries of Arkansas announced Tuesday its acceptance of a $50,000 investment from the Gene Haas Foundation and a $30,000 investment from Tyson Foods Inc.

Bentonville Warehouse Auctioned for $1.6 Million

by Arkansas Business Staff 5/23/2016 12:00 am

A 30,000-SF warehouse in Bentonville was auctioned for approximately $1.6 million Wednesday. The identity of the buyer was not disclosed.

Industrial Space Vacancy Rate Drops

by Arkansas Business Staff 5/23/2016 12:00 am

The vacancy rate for the industrial real estate market in central Arkansas stood at 10.7 percent in first-quarter 2016, compared with 11 percent in fourth-quarter 2015.

Internet of Things Closer Than You Think

by Sarah Campbell 5/23/2016 12:00 am

Internet of Things is more than a refrigerator that costs hundreds more and can tell you when you run out of milk. It’s the concept of connecting devices to the internet and with each other. Its purpose is to make life easier via automation.

Arkansas Employment at Record High, Unemployment at 3.9 Percent

by Arkansas Business Staff 5/20/2016 9:30 am

Arkansas' seasonally adjusted unemployment rate declined two-tenths of a percentage point, from 4.1 percent in March to 3.9 percent in April, according to the state Department of Workforce Services.

Correct Craft Names Steve Henderson President of SeaArk Boats

by Arkansas Business Staff 5/19/2016 11:07 am

Correct Craft of Orlando, Florida, names Steve Henderson president of SeaArk Boats, the Monticello aluminum fishing boat manufacturer it purchased earlier this week.

Inside New Overtime Regulations, Traps to Avoid, How to Prepare (Stuart Jackson Commentary)

by Stuart Jackson 5/18/2016 1:22 pm

The U.S. Department of Labor published the final rule updating overtime regulations under the Fair Labor Standards Act. More than 50,000 employees and their employers in Arkansas will be affected. Here's how to prepare.

Correct Craft Buys SeaArk, Will Announce New President

by Sarah Campbell 5/18/2016 11:06 am

Correct Craft of Orlando, Florida, announced on Tuesday its acquisition of SeaArk of Monticello and plans to name a new SeaArk president on Thursday.

Arkansas Consumer Sentiment Continues to Climb

by Arkansas Business Staff 5/18/2016 9:36 am

The current consumer sentiment index for Arkansas is 84.9, up from 77.8 in September, according to the spring 2016 Arvest Consumer Sentiment Survey, released Tuesday.

Suit Challenges Rule on Anti-Union Activities

by Gwen Moritz 5/16/2016 12:00 am

Little Rock was a magnet for representatives from law firms around the country last week when U.S. District Judge Kristine Baker heard arguments in the first federal lawsuit attempting to stop the Obama administration’s new “persuader rule” concerning anti-union activities.

Rock Town Distillery Reports Jump In 2016 Sales

by Jan Cottingham 5/16/2016 12:00 am

Phil Brandon has come far since 2010, the year he opened the state’s first legal distillery since Prohibition. Rock Town Distillery’s sales in the first four months of 2016 are up 67 percent compared with 2015.