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Nordex USA

The Mitsubishi Power Systems Americas plant at Chaffee Crossing was built to manufacture single cell wind turbines, but the facility never entered production.
Agriculture & Poultry / Construction / Energy / Government & Politics / Manufacturing

Once Bright, Wind Sector In Arkansas Founders

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 >
Government & Politics / Manufacturing / Real Estate

German Steel Company to Buy Vacant Building in Osceola

The Osceola city council has agreed on a proposed sale of a vacant building to the German steel company, SMS. read more >
Business Services / Government & Politics / Manufacturing / Transportation

State OKs $2M to Convert Former Nordex USA Plant

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 >
Manufacturing

TrinityRail Buys Nordex Plant, Plans 350 Jobs

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 >
Business Services / Energy / Government & Politics / Manufacturing / Real Estate

Former Nordex USA Site in Jonesboro Sold

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 >
A wind turbine manufactured by Nordex.
Business Services / Energy / Government & Politics / Investments / Manufacturing

Deal Reached for Nordex to Pay Back $2.5M in Incentives

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 >
Hewlett-Packard received $10 million from the Governor’s Quick Action Closing Fund to build a center in Conway.
Agriculture & Poultry / Business Services / Construction / Energy / Government & Politics / Insurance / Manufacturing / Restaurants & Food / Tourism

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 >
Windmills like this one near Newport aren’t common in Arkansas, but making the components was expected to be big business here.
Construction / Energy / Government & Politics / Manufacturing

Wind Supporters Link Subsidies to Survival of Arkansas’ Wind Energy Sector

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 >
Government & Politics / Manufacturing / Public Companies

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 >
Banking & Finance / Legal / Manufacturing / Public Companies / Retail

Video: Home BancShares, Martha Shoffner and Paula Deen in Your Week in Review

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 >
Government & Politics / Manufacturing

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 >
The last chance to extend the wind power tax credit is in the budget deal that will be cut between Obama and Republicans in the lame duck session of Congress.
Government & Politics / Manufacturing

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 >
A wind turbine manufactured by Nordex.
Manufacturing

Nordex Wind Turbine Plant to Stop Production in Jonesboro

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 >
Artist’s rendering of the new NEA Baptist Health System campus, which is set to open in the fall and will feature a six-story hospital and provide more than 500 jobs.

Diverse Economy Powers Jonesboro Toward Future

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 >
Government & Politics / Manufacturing

Jonesboro Industrial Park Gets $4M Upgrade

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: Skilled Workforce Attracts Industry (Workforce Development (Over 20K) | Winner)

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 >