Tagged: manufacturing

Update: Legislative Committees Approve Bonds Plan for Lockheed Martin Project

by Associated Press 5/26/2015 5:23 pm

A plan to issue $87 million in bonds to help lure a defense project to south Arkansas is advancing at the Legislature. House and Senate committees on Agriculture, Forestry and Economic Development endorsed on Tuesday identical proposals to issue the bonds if Lockheed Martin wins a contract with the military.

IHS: Lockheed Martin Deal Means $16.3M Benefit to Arkansas

by Associated Press 5/25/2015 10:05 am

A defense project Arkansas hopes to land with an incentive package will provide a $16.3 million net benefit to the state over a 25-year period, a consultant hired by the Legislature said in a report issued Friday ahead of next week's special session.

Arkansas Session Tests Hutchinson for Future Fights (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 5/25/2015 10:03 am

Arkansas Gov. Asa Hutchinson appears unlikely to face any insurmountable obstacles in his push for incentives to lure a defense project to the state, or any of the other major items on his agenda when lawmakers convene this week.

Arkansas Lawmakers to Meet for Session on Defense Project

by Andrew DeMillo, The Associated Press 5/25/2015 10:00 am

A little over a month after wrapping up their regular session, Arkansas lawmakers are returning to the Capitol this week to take up an incentive package aimed at luring a major defense project to the state.

Legislators Miss Opportunity (Jacob Bundrick Commentary)

by Jacob Bundrick 5/25/2015 12:00 am

Arkansas legislators are fully aware of the state’s tax problem. In fact, they freely admit it. Yet legislators continue to throw away opportunities to correct Arkansas’ onerous manufacturing taxes.

Big Companies, Big Revenue: 75 Largest Private Companies in Arkansas Bring In $32.8B

by Gwen Moritz 5/25/2015 12:00 am

The 75 largest private companies in Arkansas generated total revenue — self-reported and estimated — of $32.8 billion in their most recent fiscal years, up nearly 7 percent in a year.

Ridout Lumber Co. Rebuilds Revenue

by George Waldon 5/25/2015 12:00 am

The fortunes of Searcy’s Ridout Lumber Co. and homebuilders are thoroughly intertwined. About 90 percent of sales at the 10-store chain can be attributed to its professional contractor clientele.

Coulson Oil Plots Growth With Change

by Sean Beherec 5/25/2015 12:00 am

From its founding in 1969, Coulson Oil Co. Inc. of North Little Rock has made changes in its business based on the market and newfound opportunities.

Little Rock Company Priority Growing Under the Wire

by Marty Cook 5/25/2015 12:00 am

More than 20 years ago, Ken Hamilton decided to go into business for himself as a wholesale wire and cable distributor. He needed a partner; he called Jim Newman. The two formed Priority Wire & Cable of Little Rock in April 1993.

Hytrol Conveyor in Jonesboro Announces $12M Expansion

by Associated Press 5/21/2015 1:55 pm

Hytrol Conveyor Co. in Jonesboro has announced plans for a $12 million expansion that will include at least 36 new jobs.

Asa Hutchinson Proposes $87M Bond Package for Lockheed Martin

by Andrew DeMillo, The Associated Press 5/21/2015 11:24 am

Arkansas Gov. Asa Hutchinson is proposing issuing $87 million in bonds to help Lockheed Martin land a defense contract for its Camden facility.

Arkansas Business Hall of Fame Seeks Nominations

by Arkansas Business Staff 5/21/2015 11:01 am

The selection committee for the Arkansas Business Hall of Fame is now accepting nominations for the 2016 class of inductees.

Arkansas' Top Exporters Recognized, Officials Call for Ex-Im Bank Renewal

by Mark Carter 5/19/2015 2:39 pm

At an awards ceremony recognizing the state's top exporters, Arkansas small business owners and an official with the U.S. Export-Import Bank called for the bank charter's renewal.

GOP Conservatives Confident They Can Kill Ex-Im Bank

by Associated Press 5/19/2015 11:29 am

Conservatives dominating the GOP-controlled House say they are increasingly confident about killing a little-known federal agency that subsidizes overseas purchases of U.S. exports.

Special Session Puts Focus Back on Jobs (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 5/18/2015 6:59 am

An effort to lure a major defense contract to south Arkansas is offering Gov. Asa Hutchinson a chance to put the focus back on jobs weeks after a legislative session that ended with an unexpected fight over a religious objections law. But the special session planned later this month could also renew the debate over how much a Republican-controlled Legislature is willing to shed its dislike of government spending in exchange for the promise of a major economic development project.

Rock Town Whiskey Called 'Easy To Love' by Wall Street Journal

by Arkansas Business Staff 5/18/2015 12:00 am

Little Rock’s Rock Town Distillery received a favorable mention recently in the Wall Street Journal.

Longhills Property Leads Off Recent Million-Dollar Deals in Saline County

by Arkansas Business Staff 5/18/2015 12:00 am

A $2.5 million land deal last year in Benton set the stage for a 600-unit apartment project dubbed the Greens at Longhills.

Mountain Pure Sues Supplier for Selling Resin Mixed With Metal

by Arkansas Business Staff 5/18/2015 12:00 am

Even though the assets of the water bottling company were sold last year after a foreclosure auction on the steps of the Pulaski County Courthouse, John Stacks retained control of the shell of the company.

TPA Promotes Job Creation (Randy Zook Commentary)

by Randy Zook 5/18/2015 12:00 am

Congress faces an important choice in the months ahead as it considers a bill to renew Trade Promotion Authority. TPA is vital because economic growth and job creation at home depend on our ability to sell American goods and services to the 95 percent of the world’s customers living outside the United States.

PTI to Provide Projection Mapping on Old State House for LR Film Festival

by Mark Carter 5/14/2015 9:19 am

The projection mapping used to illuminate and transform Cinderella's castle at Disney World in Orlando will be a part of the Little Rock Film Festival, thanks to Power Technology Inc. of Alexander, an Innovate Arkansas firm.

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