Tagged: manufacturing

Today Is Final Day for Arkansas Business 40 Under 40 Nominations

by Arkansas Business Staff 3/27/2015 11:49 am

Today is the final day for readers to make nominations for Arkansas Business' annual 40 Under 40 feature.

Arkansas Jobless Rate Down to 5.5 Percent

by Arkansas Business Staff 3/27/2015 9:47 am

The state's unemployment rate fell to 5.5 percent in February, down a tenth of a percentage point from January, according to data released Friday by the state Department of Workforce Services.

Asa Hutchinson Names Mike Preston as New AEDC Director

by Arkansas Business Staff 3/26/2015 10:58 am

Gov. Asa Hutchinson on Thursday announced Mike Preston as the new executive director of the Arkansas Economic Development Commission. Preston previously served as director of government relations for Enterprise Florida.

Arkansas Personal Income Up 3 Percent in 2014

by Arkansas Business Staff 3/25/2015 10:41 am

Arkansas' state personal income rose 3.1 percent in 2014, according to the latest report by the Bureau of Economic Analysis at the U.S. Department of Commerce.

Little Rock Burgundy Book Shows Optimism

by Arkansas Business Staff 3/24/2015 2:51 pm

The Federal Reserve Bank of St. Louis' latest Burgundy Book showed "improving optimism" in the Fed district's Little Rock Zone, which includes all but the northeast part of the state.

Arkansas State University to Hold Women’s Business Leadership Conference April 2

by Arkansas Business Staff 3/23/2015 2:41 pm

Arkansas State University in Jonesboro is holding a Women’s Business Leadership Conference on April 2 in Centennial Hall at the Carl R. Reng Student Union and at the Delta Center for Economic Development.

Nucor Files Appeal Notice Filed In Its Lawsuit Against Big River Steel

by Associated Press 3/23/2015 9:34 am

A steel company has filed notice that it will appeal the dismissal of its lawsuit against a rival.

Allens’ Successor Sager Creek Also Faced Financial Trouble

by Mark Friedman 3/23/2015 12:00 am

The company that bought Allens Inc. of Siloam Springs out of bankruptcy was just a week away from filing its own Chapter 11 bankruptcy in February, according to the trustee for Allens. Sager Creek Vegetable Co. “had significant cash-flow problems,” Allens’ Chapter 7 Trustee R. Ray Fulmer II of Fort Smith told Arkansas Business.

Del Monte Will Close Sager Creek Operation in Wisconsin

by Mark Friedman 3/20/2015 9:04 am

Del Monte Foods of San Francisco, which recently bought Sager Creek Vegetable Co. of Siloam Springs, says it will close a vegetable processing plant in Pulaski, Wisconsin.

Judge Refuses to Dismiss Redman & Associates' Lawsuit Against Sales Chief

by Marty Cook 3/19/2015 9:45 am

A federal judge denied a Chinese toy manufacturer's partial motion to dismiss four counts in a $40 million lawsuit filed against it by a Rogers company.

Arkansas Unemployment Rate Falls to 5.6 Percent in January

by Arkansas Business Staff 3/17/2015 10:17 am

The state's unemployment rate fell to 5.6 percent to January from December, and is a full percentage point below what it was the same time last year.

Plastics Ingenuity Plant in Maumelle Plans $2.5M Expansion

by Associated Press 3/17/2015 9:37 am

Officials with Plastics Ingenuity are announcing a $2.5 million plan to expand the plant in Maumelle.

Deltic Executive Pay Drops in 2014

by Jan Cottingham 3/16/2015 11:27 am

Despite Deltic Timber's strong earnings in 2014, compensation paid four of the five top Deltic executive officers dropped compared with 2013.

Jonesboro's Hytrol Conveyor Gifts $200k to ASU College of Engineering

by Arkansas Business Staff 3/16/2015 11:07 am

Arkansas State University has received a $200,000 gift from Hytrol Conveyor Company Inc. of Jonesboro to endow scholarships in the ASU College of Engineering, the school announced Monday.

NanoMech Expanding, Plans To Hire 30

by Sean Beherec 3/16/2015 12:00 am

NanoMech of Springdale is already outgrowing its new production facility as the company plans to continue to expand its manufacturing capacity.

Ozark Mountain Poultry to Buy ConAgra Plant in Batesville

by Associated Press 3/10/2015 9:32 am

The soon-to-be-closed ConAgra Foods plant in Batesville is to be purchased by Ozark Mountain Poultry.

AEDC Wants Seed Money Back from Oxane Materials

by Arkansas Business Staff 3/9/2015 12:00 am

AEDC has filed a complaint against Oxane Materials of Houston, Texas, seeking to recoup money given to the company in hopes of creating jobs in Van Buren.

ASTA's Tim Atkinson Sees Higher Education Meeting Hi-Tech in Arkansas

by Arkansas Business Staff 3/9/2015 12:00 am

Tim Atkinson was appointed president of the Arkansas Science & Technology Authority in 2013 after years of helping scientists find funding for their work.

Gander Mountain Draws $7.2 Million Transaction (Real Deals)

by George Waldon 3/9/2015 12:00 am

The sale of a 123,872-SF store in Sherwood tipped the scales at $7.2 million. A 25,000-SF office-warehouse facility in North Little Rock weighed in at $2.19 million. And the location for a convenience store development in west Little Rock was assembled in two deals totaling $2.1 million.

Innovations Boost Water Conservation, Financial Savings

by Rick Fahr 3/9/2015 12:00 am

To be sure, the state’s soil is tailor-made to grow rice, cotton, soybeans, corn and sorghum, but it is producers’ ability to irrigate the vast majority of the state’s farm acreage that helps guarantee a decent crop in even the worst drought years. When corn and soybean fields are withering in Iowa, Indiana and Missouri, Arkansas’ crop thrives as irrigation systems provide a boost when necessary.