Manufacturing Archive

US, China Wield Threats Going Into High-Stakes Trade Talks

by Associated Press 5/9/2019 11:01 am

U.S. and Chinese negotiators are to resume trade talks Thursday just hours before the United States is set to raise tariffs on Chinese imports in a dramatic escalation of tensions between the world's two biggest economies.

Prysmian Group to Expand Paragould Plant, Add 12 Jobs

by Lance Turner 5/6/2019 11:02 am

Prysmian Group of Milan, Italy, says it will expand its Paragould facility, investing $2.8 million and adding 12 positions. The plant already employs 182 people at 1 Prestolite Drive.

The Arena Era: Venue Set the Stage for 20 Years of Redevelopment

by George Waldon 5/6/2019 12:00 am

Verizon Arena is recognized as the key that started a redevelopment engine for downtown North Little Rock. Celebrating its 20th birthday in October, the facility is touted as an $83 million, debt-free, financially self-sufficient showcase for central Arkansas events.

Between Venues, Investments Continue in Argenta

by Kyle Massey 5/6/2019 12:00 am

The debut of a major riverfront arena 20 years ago turned out to be a warmup act for the real headliner: a sweeping transformation of downtown North Little Rock.

Central Arkansas Unemployment at 3.5 Percent

by Arkansas Business Staff 5/6/2019 12:00 am

The unemployment rate in the Little Rock-North Little Rock-Conway metropolitan statistical area remains near a historical low, 3.5% in February.

Curtis Chase Named Operations Director at IFB Solutions (Movers & Shakers)

by Arkansas Business Staff 5/6/2019 12:00 am

Curtis Chase has been promoted to director of operations at IFB Solutions Little Rock, formerly Arkansas Lighthouse for the Blind.

Manufacturers Expanded at a Slower Pace in April

by Associated Press 5/1/2019 11:10 am

U.S. manufacturers expanded at a slower pace in April, as measures of new orders, production and employment each slipped.

Survey Suggests Economic Growth Ahead for Midwest, Plains

by Associated Press 5/1/2019 10:01 am

An April survey of business supply managers suggests there will be solid economic growth over the next three to six months in nine Midwest and Plains states, although some survey category figures declined, a report said Wednesday.

Hope Remains for $410M Forrest City Plant

by Jan Cottingham 4/29/2019 12:00 am

President Donald Trump's trade war with China may have helped delay the $410 million textile plant planned for Forrest City, but it hasn't killed it.

LR Office Transaction Rings Up $1.6M Sale (Real Deals)

by George Waldon 4/29/2019 12:00 am

Louisiana & Third Properties LLC, led by Haitham Alley, purchased the Tripp Building at 209 W. Second St.

Two-Thirds of Arkansas Counties Lose Residents

by Arkansas Business Staff 4/29/2019 12:00 am

Two-thirds of Arkansas' counties lost population between 2012 and 2017, according to the U.S. Census Bureau.

US Economy Grew at Strong 3.2% Rate in First Quarter

by Associated Press 4/26/2019 08:30 am

The U.S. economy grew at a solid 3.2% annual rate in the first three months of the year, a far better outcome than expected, overcoming a host of headwinds including global weakness, rising trade tensions and a partial government shutdown.

Aerojet Rocketdyne's New Camden Facility Looks to Future Contracts

by Kyle Massey 4/25/2019 10:32 am

Aerojet Rocketdyne CEO Eileen Drake and Gov. Asa Hutchinson celebrated the defense contractor's new facility designed to help Aerojet compete for a spot in the Pentagon's overhaul of America's ground-based nuclear missile defenses.

Update: Dragon Woodland's $10M Sawmill in Helena-West Helena to Create 75 Jobs

by George Waldon 4/25/2019 07:28 am

Dragon Woodland Sawmill Corp. celebrates the grand opening of its Helena-West Helena facility, a $10 million investment that will create 75 jobs and double the firm's output capacity.

Air Products, Big River Steel Announce Expansion, Extension

by Todd Traub 4/24/2019 02:07 pm

Air Products, an industrial gas company, announces an agreement to build, own and operate a second air separation unit that will support expansion of Big River Steel's plant in Osceola.

Update: Czech Gun Maker Plans $90M HQ at LR Port, 565 Jobs

by Sarah Campbell-Miller and Lance Turner 4/23/2019 09:50 am

Czech gun-maker CZ-USA plans a $90 million gun manufacturing operation and North American headquarters that will employ 565 people at the Little Rock Port, the governor and company officials announce.

Mike Preston: Forrest City Yarn Factory on Hold Amid Trade Fight

by Lance Turner 4/22/2019 11:54 am

Two major economic development projects in Arkansas are caught up in the trade fight between the United States and China, and one is now on hold, Arkansas' economic development office said Monday.

Ill-Fitting Coat Leads to Firefighter Judgment

by Arkansas Business Staff 4/22/2019 12:00 am

A federal jury in Jonesboro recently awarded a former West Memphis firefighter $937,500 for being burned while wearing a fire coat that didn't properly fit.

Conway Airport Meeting Expectations

by Jan Cottingham 4/22/2019 12:00 am

Almost five years after it opened, the Conway Municipal Airport at Cantrell Field is living up to expectations, city and economic development officials say.

Arrow's Edge Transaction Surpasses $4.1M (Real Deals)

by George Waldon 4/22/2019 12:00 am

An affiliate of Altus Equity of Santa Rosa, California, purchased the 118-unit Arrow's Edge Apartments at 300 Indianhead Cove for $4.1 million.