Manufacturing Archive

Millennial Life: Better Educated, Most Women Work

by Arkansas Business Staff 9/9/2019 12:00 am

Millennials are better educated than previous generations, with the share of young adults in the millennial generation (born 1981 through 1996) who have a bachelor's degree or higher standing at 39% compared with 15% for the silent generation (1928-1945).

Arkansas Business Presents 20 In Their 20s: The New Influentials of 2019

by Gwen Moritz 9/9/2019 12:00 am

We're proud to introduce the 2019 class of New Influentials and the possibilities these 20 in their 20s offer our state in the decades to come.

Nucor CEO to Retire, Company Names Successor

by Arkansas Business Staff 9/6/2019 11:39 am

John Ferriola will retire as chairman and CEO of Nucor Corp. on Dec. 31, and the company's board of directors has named Leon Topalian president and COO.

US Adds Just 130K Jobs, Boosted by Census Hiring

by Associated Press 9/6/2019 07:36 am

U.S. employers added a modest 130,000 jobs in August, a sign that global economic weakness and President Donald Trump's trade war with China may have begun to slow hiring.

On the Road Again: 'Be Pro Be Proud' Shows Off 2nd Mobile Workshop

by Sarah Campbell-Miller 9/5/2019 03:32 pm

The Arkansas State Chamber of Commerce and Associated Industries of Arkansas unveils its second-generation “Be Pro Be Proud” mobile workshop, which will begin touring thanks to sponsorships that include $200,000 from Union Pacific Railroad.

ISM: US Manufacturing Activity Contracted in August

by Associated Press 9/3/2019 11:18 am

U.S. factory activity shrank in August for the first time since August 2016, a sign that the trade war with China is weighing down a crucial sector of the economy.

Survey Suggests Little or No Midwest Economic Growth in View

by Associated Press 9/3/2019 07:11 am

A new report says an August survey of business supply managers suggests slow or no economic growth over the next several months in nine Midwest and Plains states.

Judge Says $22.4M Judgment Against Wells Fargo Still Stands

by Arkansas Business Staff 9/2/2019 12:00 am

A Pope County judge last week denied Wells Fargo Bank's request to have a $22.4 million judgment against it thrown out.

Kimbel Links Leak Detector as Leak Effector in Lawsuit

by Arkansas Business Staff 9/2/2019 12:00 am

Kimbel Mechanical Systems Inc. of Fayetteville is suing an Ohio manufacturer, alleging that a leak detection product it makes actually has the opposite effect.

Historic Helena District Chosen as Home for Delta Dirt Distillery

by George Waldon 9/2/2019 12:00 am

Led by Harvey Williams Jr. and his wife, Donna, Delta Dirt Distillery will begin producing vodka, gin, cordials and more in the coming weeks. Their son, Thomas, will oversee the production of spirits made with corn, wheat, rye and sweet potatoes grown on the family farm. Tours and a tasting room with a full-service bar are on tap.

The Edge of the Ledge (Craig Douglass On Consumers)

by Craig Douglass 9/2/2019 12:00 am

Setting aside the president's previous comment that trade wars are “easy to win,” the oft-repeated notion that China, for instance, is paying billions of dollars in tariffs simply does not have the added value of being true.

The Long Game (Editorial)

by Arkansas Business Editors 9/2/2019 12:00 am

Billions of dollars in government aid to farmers may soften these initial blows, but the longer that the U.S.-China trade war continues, the greater will be the damage to American agriculture — and Arkansas farmers.

Thanks to Consumers, US Economy Is Rising Steadily If Slowly

by Associated Press 8/29/2019 10:12 am

The economy slowed in the spring, and many analysts think the weakness will continue in the months ahead. Yet consumer spending, which drives about 70% of growth, accelerated in the April-June quarter.

Craighead County Jobs Growth Outperforms Nation, State

by Todd Traub 8/28/2019 01:42 pm

Economic development leaders in Jonesboro welcomed a report showing robust job growth in Craighead County, but they hope it's just a signpost on the way to even better numbers.

Stephens Group Portfolio Company Acquires New Jersey Firm

by Arkansas Business Staff 8/27/2019 10:25 am

Sound Seal, a portfolio company of The Stephens Group LLC and a manufacturer of noise control products, announced Tuesday that it has acquired Acoustical & Tackable Surfaces Inc. of Flemington, New Jersey.

As Taxpayers Save With Solar, Entergy Offers Own Sun Plan

by Kyle Massey 8/26/2019 12:00 am

The state Public Service Commission weighs Entergy's solar proposal as third-party arrays save cash for untaxed entities.

Upside Down World (Gwen Moritz Editor's Note)

by Gwen Moritz 8/26/2019 12:00 am

It's almost like the Business Roundtable heard Olivia Farrell's speech when she accepted the Little Rock Rotary Club's Business & Professional Leader of the Year award in June and decided to get on board.

Recession Forecasts: Business Economists Split on Timing

by Arkansas Business Staff 8/26/2019 12:00 am

Seventy-two percent of U.S. business economists surveyed predict a recession next year or in 2021, with 38% forecasting a downturn in 2020, and 34% putting it in 2021.

Despite Fast Growth, Nelson Peacock Notes Ample Room for More Talent in NWA

by Arkansas Business Staff 8/26/2019 12:00 am

Nelson Peacock, president and CEO of the Northwest Arkansas Council, says the area's greatest need is talented workers to fill 10,000 jobs.

French Company to Restart Mill in Hot Spring County, Create 15 Jobs

by Sarah Campbell-Miller 8/19/2019 11:21 am

Seguin Moreau Napa Cooperage Inc., a manufacturer and distributor of French and American white oak barrels for the production of wines and spirits, says it will restart a stave mill in Hot Spring County.