Nordex USA

What began as a promising new manufacturing sector for the state has petered out into one the Arkansas Economic Development Commission no longer actively pursues. read more >

The Osceola city council has agreed on a proposed sale of a vacant building to the German steel company, SMS. read more >

The Arkansas Economic Development Commission said Thursday that the money will help TrinityRail Maintenance Services Inc. convert the now-closed Nordex USA wind turbine in Jonesboro. read more >

TrinityRail Maintenance Services Inc. has purchased the former Nordex manufacturing plant in Jonesboro and plans to use it to provide railcar maintenance and services. read more >

Officials won't identify the buyer of the Nordex USA site, which made wind turbines until it shuttered last year. The sale of the $40 million plant is to become official Thursday. read more >

Nordex USA has reached an agreement with the state of Arkansas and the city of Jonesboro to repay more than $2.5 million in grants it received to build its wind turbine manufacturing plant. read more >

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 >

With the announced closure of Nordex USA’s wind turbine plant in Jonesboro, it’s starting to look like Arkansas’ wind energy industry didn’t survive the election. read more >

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 >

Home BancShares' historic deal, the end of Wal-Mart's deal with Paula Deen, no deal for Martha Shoffner, and a bad deal for workers at Nordex in Jonesboro. Here's your "Arkansas Business-THV 11 News Week in Review." read more >

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 >

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 >

A Jonesboro wind turbine factory that once projected having 750 employees is ending production, putting about 40 people out of work. Nordex USA says production will shift to Germany and attributed the move to overcapacity in the industry and the lack of a long-term federal production tax credit. read more >

A tour of Jonesboro’s industry provides a glimpse into the economic powerhouse of northeast Arkansas. The list of world class manufacturing companies in Jonesboro is impressive; companies like Nestle Prepared Foods, Frito-Lay, Unilever, Nordex USA, Great Dane, Nice-Pak Products, Hytrol Conveyor Company, Post Foods and many others have chosen to invest in Jonesboro. read more >

Jonesboro's city utility has completed $4 million in infrastructure improvements to the Craighead Technology Park as a way to help businesses there and attract new ones. read more >

Jonesboro city leaders know it takes a highly skilled workforce to attract industry. Their efforts to build a base of highly skilled workers necessary for the recruitment of industry earned the city recognition as a 2011 Arkansas Business City of Distinction for Workforce Development. read more >