Joe Holmes
Nucor Objection Delays Big River Steel Construction
Nucor Steel is trying to block the opening of a competing $1.1 billion steel mill in northeast Arkansas by objecting to the new company's requests for environmental permits. read more >
HP, Nordex Expected To Refund Incentive Funds After Failing to Meet Goals
Companies that take cash from the Governor’s Quick Action Closing Fund and then fail to deliver on the promises of jobs should expect to repay some of the incentive money. read more >
by Mark Friedman -
Arkansas Photonics Industry Alliance to Align Optics Companies
Two optics entrepreneurs are working to unite the state’s photonics manufacturing industry by creating the Arkansas Photonics Industry Alliance, a cluster of all the companies in the state that are opto-electric manufacturers. read more >
by Luke Jones -
Hewlett-Packard, Nordex Take A Bite Out of Arkansas Jobs
Hewlett-Packard's announcement that it will lay off 500 workers in Conway dealt Arkansas a second blow in as many weeks from once-promising employers whose business models didn't work as expected. read more >
by -
Update: Hewlett-Packard to Lay Off 500 in Conway
Hewlett-Packard, the computer and information technology services company that has struggled as PC sales have declined, said Monday that it is laying off 500 people at its services center in Conway. read more >
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Gov. Mike Beebe Slams Congress as Nordex Stops Production
Production at Nordex USA in Jonesboro might have continued if Congress had put more power into a federal tax credit for wind companies, Gov. Mike Beebe tells Arkansas Business. read more >
by Luke Jones -
AEDC on Nordex: ‘This Did Not Catch Us By Surprise’
A spokesman for the Arkansas Economic Development Commission says that the end of production at the Nordex USA facility in Jonesboro "did not catch us by surprise," and that the wind energy company was working with the AEDC on what would happen to millions of dollars in incentives for the plant. read more >
by Luke Jones -
Big River Steel Bills Ready for Next Step in Legislature
Arkansas legislators by Monday had filed at least 10 bills dealing with state incentives for the $1.1 billion Big River Steel manufacturing plant proposed for a site near Osceola (Mississippi County). read more >
by Lance Turner -
Legislative Consultant to Vet Big River Steel Project
The clock is running as legislators seek information about a $1.1 billion steel plant proposed for Osceola. As of Monday, the House and the Senate have 18 working days to look into whether it would be right for the state to $125 million to help finance the project. read more >
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Tracking Gov. Mike Beebe’s Billion-Dollar Mystery Project
So the hunt begins. What is the mystery project Gov. Mike Beebe hinted at in his State of the State Address today? read more >
by Lance Turner -