Tagged: manufacturing

Ron Pierce, Founder of Bass Cat Boats, Dies at 81

by Associated Press 12/7/2016 12:41 pm

Ron Pierce, the founder of Bass Cat Boats and a former member of the Arkansas Game and Fish Commission, has died after battling a long illness. He was 81.

Seeing Things That Don’t Exist — Yet (Gwen Moritz Editor's Note)

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

People who can visualize things that have never existed are as mysterious and awe-inspiring to me as the people who can hear music that has never been written.

The Art of the (Cuban) Deal (Editorial)

by Arkansas Business Editors 12/5/2016 12:00 am

Fifty-plus years of the U.S. trade embargo against communist Cuba have failed to bring democracy to that island nation; instead, it’s penalized Arkansas businesses who would benefit greatly by trade with Cuba.

Incoming Tyson CEO Tom Hayes Not Starting From Scratch

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

Tom Hayes, who becomes CEO of Tyson Foods Inc. of Springdale on Dec. 31, talks about the transition in this expanded version of Executive Q&A.

For Americans, Trump's Tariffs on Imports Could Be Costly

by Paul Wiseman, The Associated Press 12/1/2016 11:29 am

American consumers and businesses would pay - literally - if President-elect Donald Trump followed through on his campaign pledge to slap big taxes on imports from China and Mexico.

Midwest Economic Survey Shows Improvement in November

by Associated Press 12/1/2016 6:51 am

A monthly survey of business supply managers shows improvement but still reflects relatively weak economic conditions in nine Midwest and Plains states.

St. Louis District Economy Growing Modestly

by Arkansas Business Staff 11/30/2016 3:51 pm

Contacts in the Fed's St. Louis District, which includes all of Arkansas and parts of six other states, said economic conditions have modestly improved.

Fed's Beige Book Reports Modest Growth Around Nation

by Associated Press 11/30/2016 2:57 pm

The Federal Reserve reports that the U.S. economy grew at a modest rate this fall, with solid gains in consumer spending helping offset lingering weakness in exports.

US Economy Grew at 3.2 Percent in 3Q

by Associated Press 11/29/2016 10:17 am

The U.S. economy in the third quarter grew at the fastest pace in two years, with a revised report showing stronger consumer spending than first estimated.

Delta Regional Authority, Governor Announce $26M in Investments

by Arkansas Business Staff 11/28/2016 4:36 pm

The Delta Regional Authority, Gov. Asa Hutchinson and their federal and local partners announced Monday nearly $26 million in new investments that will create or retain an estimated 650 jobs.

Spartan Battles Bad Boy Mowers on Shared Turf in Batesville

by Jan Cottingham 11/28/2016 12:00 am

Maybe a thousand feet as the crow flies separates the Intimidator plant from the Bad Boy facility in the Independence County Industrial Park. And though Intimidator is the startup, it lays claim to the 1 Bad Boy Blvd. address; Bad Boy is at 102 Industrial Drive.

Tianyuan Garment Factory Turns Tide: 400 Jobs ‘Reshored’ to Little Rock

by Sarah Campbell 11/28/2016 12:00 am

A Chinese garment maker’s plan to spend $20 million building a factory in Little Rock is an example of a manufacturing phenomenon that is picking up steam as automation begins to wash out the labor cost advantage that for decades enticed manufacturers to move overseas.

Chinese Garment Manufacturer Made First Move on Arkansas

by Sarah Campbell 11/28/2016 12:00 am

Suzhou Industrial Park Tianyuan Garment Co., the company spending $20 million to open a garment plant in Little Rock late next year, made the first move on Arkansas in December 2015.

Arkansas Attracts Chinese Garment Plant With Tax Incentives

by Sarah Campbell 11/28/2016 12:00 am

A multimillion-dollar incentives package is helping attract the Chinese garment maker that plans to build a $20 million plant in Little Rock and open it by the end of 2017.

Dow Sets New Record as Other Indexes Slip; Tech Stocks Skid

by Associated Press 11/23/2016 12:38 pm

stocks are mostly lower Wednesday after setting records the last two days, but the Dow Jones industrial average continues to reach all-time highs. Technology stocks are lower after HP released a weak profit forecast, while strong results for Deere are lifting industrial companies.

Tyson Foods' 4Q Profit Misses Expectations, Shares Fall 15 Percent

by Marty Cook 11/21/2016 12:28 pm

Tyson Foods Inc. of Springdale reports fiscal fourth-quarter earnings of $391 million, or $1.03 per share.

Former Hillshire Exec Tom Hayes to Become Tyson Foods CEO

by Marty Cook and Lance Turner 11/21/2016 11:08 am

Tyson Foods Inc. of Springdale said Monday that Tom Hayes, its president and a former executive with Hillshire Brands Co., will succeed Donnie Smith as CEO on Dec. 31.

Sun Also Rises for Former Deltic CEO Ray DIllon

by Arkansas Business Staff 11/21/2016 12:00 am

Since retiring last month as CEO of Deltic Timber Corp., Ray C. Dillon has been helping Shandong Sun Paper Industry JSC Ltd. of China with its plans to operate in Arkansas.

Industrial Space Attracts $5.6 Million Transaction (Real Deals)

by George Waldon 11/21/2016 12:00 am

A company led by Rick Ferguson sells a 223,880-SF industrial project adjacent to the Goodwill facility on Scott Hamilton Drive in Little Rock to a group of four investment companies.

Highland Pellets Celebrates New Pine Bluff Plant

by Arkansas Business Staff 11/18/2016 11:30 am

Gov. Asa Hutchinson on Thursday helped Highland Pellets LLC celebrate its new 600,000 metric ton per year wood pellet facility in Pine Bluff.