Tagged: manufacturing

DRA Investing $3.7M in Delta Projects

by Arkansas Business Staff 11/20/2014 1:46 pm

The DRA estimates the eight Arkansas investments can help create and retain 1,050 local jobs for local residents. The projects include water and sewer improvements for the Big River Steel project in Osceola.

Whirlpool Releases Report on TCE at Arkansas Site

by Associated Press 11/20/2014 11:05 am

Whirlpool Corp. says in its new quarterly report that chemical injections this year at its closed Fort Smith facility decreased groundwater contamination levels.

Mississippi Could Be Site for $1.2B Aluminum Mill

by Associated Press 11/18/2014 7:12 am

Mississippi appears to be the favored location for a proposed $1.2 billion aluminum mill that would hire 650 workers. But the company CEO says Arkansas, Tennessee and other states might also be in the running.

Rock Town Distillery Ranked High in 'Whisky Bible'

by Arkansas Business Staff 11/17/2014 12:00 am

Little Rock’s Rock Town Distillery has been recognized for producing the “2015 US Micro Whisky of the Year” for its Single Barrel Bourbon Whiskey.

Tyson Family Stock Nears $3 Billion; Waltons No. 1 On Top Stockholders List

by Gwen Moritz 11/17/2014 12:00 am

The second-wealthiest family in northwest Arkansas, the Tysons, saw their stock holdings increase by nearly $1 billion over the past year — an increase of more than 40 percent.

Investment, Jobs Buoy Fort Smith's Chaffee Crossing

by Marty Cook 11/17/2014 12:00 am

Chaffee Crossing, the 7,000-acre Army surplus property in Fort Smith, continues to be a popular development destination in its new civilian life, playing host to a spate of expansion and relocation announcements during the past year.

Cameron Smith & Associates' Mission To Put More Women in Public Company Boardrooms

by Jan Cottingham 11/17/2014 12:00 am

Diversity on corporate boards has been an issue for years. Most companies recognize that having directors from varied backgrounds isn’t simply a theoretical matter of equity; it’s a matter of performance. Cameron Smith wants to use the contacts built up over 20 years of helping to put women on corporate boards. And women — particularly in Arkansas — could use his help.

Pinnacle North Commemorates Expansion, Plans to Hire 25 Employees

by Lee Hogan 11/11/2014 2:51 pm

Pinnacle North Corporate Aircraft Interiors of Little Rock has invested $1.75 million into the company to quadruple its space and hire an additional 25 employees by the end of 2015.

Intimidator of Batesville to Manufacture New UTV, Expand Plant

by Mark Carter 11/11/2014 2:35 pm

Intimidator Inc. of Batesville will expand its manufacturing plant and add employees to accommodate a partnership with Mahindra USA to manufacturer an all-new line of utility vehicles.

Barbara Goswick, Don Smith Top List of CFO of the Year Honorees

by Arkansas Business Staff 11/10/2014 12:00 am

Arkansas accounting professionals took an unaccustomed turn at center stage last Wednesday at the Arkansas Business CFO of the Year Awards luncheon at the Embassy Suites in west Little Rock.

ARK Challenge's Skosay Looks to Open Private Channels for Consumers

by Mark Carter 11/6/2014 9:23 am

Fayetteville's Skosay has developed a private two-way communications channel for customers and businesses to share feedback in real time, and wants to be that next big NWA venture.

Report: Midwest Economic Index Drops Again

by Associated Press 11/3/2014 8:17 am

A monthly economic survey index for nine Midwestern and Plains has dropped again. Creighton University economist Ernie Goss oversees the survey, and he says sharp declines in grain and crude oil prices drove down the overall index for the month. He says the index figure points to slow economic gains ahead.

Anthony Puts Heat on Insurance Company After Sawmill Fire

by Arkansas Business Staff 11/3/2014 12:00 am

Anthony Forest Products Co. is hauling its insurance carrier into court for allegedly failing to pay off a claim for a 2013 fire that caused $5.6 million in damage.

Bank Branch Count in Arkansas Dwindles After Mergers

by Gwen Moritz 11/3/2014 12:00 am

After reaching a peak of 1,513 in mid-2008, Arkansas’ branch network had fallen to 1,388 as of this year’s summary of deposits, which was released on Sept. 29. A net reduction of 54 branches happened in the 12 months that ended June 30.

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.