With the coronavirus pandemic wreaking economic havoc, former Lt. Gov. Bill Halter fears a long-awaited state ruling on solar power policy could threaten $125 million in projects by his firm alone.
Chicken producer George's Inc. of Springdale says it will temporarily raise hourly pay for 7,300 employees as an "appreciation bonus" for their work during the COVID-19 pandemic.
Domtar Corp. will temporarily idle two plants, including its A62 paper machine at its Ashdown plant, for three months, a response to "the unforeseeable business conditions driven by the COVID-19 pandemic.
Arkansas Business is regularly updating this page with links and contact information for businesses affected by the COVID-19 pandemic. read more >
The Women's Foundation of Arkansas launches Women Owned, an assistance fund for women-owned small businesses experiencing economic hardship due to the COVID-19 pandemic. read more >
A series of apartment sales in Jacksonville, a pair of apartment buys in Little Rock and a grocery store purchase in Bryant form this week's six pack of million-dollar deals. read more >
This chart highlights the dramatic effect of the coronavirus pandemic on the job market in the United States. read more >
A New Jersey company purchased the 92-unit Park Place, the 56-unit Windgate Square, the 46-unit Stone Village and the 8-unit Southview from an affiliate of Fort Smith's Trinity Multifamily read more >
The state got its first shipment of hospital personal protective equipment that was not from the national stockpile, and it could get 30 days worth of PPE as soon as next week, UAMS Chancellor Cam Patterson says. read more >
Anthony Timberlands Inc. is preparing to cut production in half at its Malvern and Bearden pine mills, idling about 200 employees, CEO Steve Anthony said Thursday morning. read more >
American manufacturing slide in March, dragged down by economic fallout from the coronavirus outbreak. read more >
A survey of supply managers in a nine-state region of the Midwest and Plains is showing more signs of the coronavirus pandemic's disruptive economic impact. read more >
Thousands of Arkansans who lost their jobs as the COVID-19 disease outbreak shut down businesses are seeking unemployment aid. read more >
Businesses can begin preparing now to apply for assistance under the federal rescue package signed last week by President Trump, but it will be about two weeks before they can turn in their paperwork. read more >
The vacancy rate for office space in Benton and Washington counties was 8.5% in the second half of 2019, the second lowest vacancy rate since 2004, according to the latest Arvest Bank Skyline Report. read more >
Employment in the United States is forecast to grow by 8.4 million jobs to 169.4 million jobs during the decade of 2018-28, according to the U.S. Bureau of Labor Statistics. Or it was; the report was released months before the coronavirus pandemic caused widespread job losses. read more >
Home to Gates Corp., the property on Laura Lane was bought for $2.95 million by Mathias Shopping Center Inc. The seller was Elder-Conway LLC, led by Chris Elder of Springdale. read more >
If you are counting on business interruption insurance to help you through this catastrophe, I potentially have some bad news. read more >
Her winery is “kind of dead in the water,” and Audrey House, owner of Chateau Aux Arc in Altus (Franklin County) and chair of the Arkansas Wine Producers Council, and it's suffering from supply-chain issues as businesses she sources items from have closed. read more >
Arkansas' unemployment rate was unchanged at 3.5% last month, according to a report Friday by the Arkansas Division of Workforce Services. read more >
Nice-Pak, a leading producer of wet wipes, announced Thursday that it will hire more than 100 workers at its manufacturing and distribution facility in Jonesboro. read more >
Assuming the U.S. Senate's hard-fought language is approved in the House today, employers will face this good news/bad news: Many of their employees could benefit financially from being laid off. read more >
“Just like communities all across the United States, we're certainly not immune to the challenges that the COVID virus presented,” Mark Young of Jonesboro Unlimited told Arkansas Business. read more >
An ambulance was deployed Saturday morning to the Anthony Timberlands lumber mill in Bearden after some "twisted" anonymous hoaxster reported that the mill was "full of people with coronavirus," according to owner Steven Anthony. read more >
Arkansas Business announces the 40 honorees in this year's 40 Under 40 class, which honors people in business, nonprofits and government making a significant impact. read more >
Last year, 32 luxury homes in Pulaski County sold for $1 million or more, up from 30 in 2018. read more >
The same Fayetteville house was the most expensive home sold in northwest Arkansas in 2019 and in 2018. read more >
ADC Manufacturing of Harrison expands its fence accessory and component manufacturing facility on North Industrial Park Road in Harrison. read more >
Reduced hours is a management technique Custom XM owner Paul Strack has occasionally used for past slowdowns, but it was not something he expected to do this year. read more >
The Chinese company behind the planned $1.8 billion Sun Paper plant in Clark County has officially canceled the project, Arkansas economic developers confirmed Monday. read more >
Arkansas' unemployment rate remained unchanged at 3.5% between December and January, the state Division of Workforce Services said Monday. read more >
Is it time for a change in your business message? Depending on the research you follow and the experiences of other organizations, you could be led to different conclusions. read more >
Afco Metals Inc., owned by Ryerson Holding Corp. of Chicago, sold its metal processing and distribution center at 7701 Lindsey Road to Spirit Realty Ltd., an affiliate of Spirit Realty Capital of Dallas. read more >
