Unilever
$70M Investment Brings Arkansas Peanut Industry Out of Its Shell
A $70 million investment in the peanut industry in Arkansas is expected to usher in a new era for farmers. The operation will feature the first peanut-shelling plant in Arkansas and create between 125 and 130 jobs. read more >
by Mark Friedman -
DOE Drops Its Deal With Clean Line; Wind Project Won’t Cross Arkansas
Two months after planners gave up hopes of crossing Arkansas with a $2.5 billion wind-energy transmission line as doomed, the U.S. Department of Energy hammered a nail in the project's coffin Friday by ending its participation in the Plains & Eastern Clean Line. read more >
by Kyle Massey -
Renewable Trend in Energy May Be Beyond Trump’s Grasp
Donald J. Trump won the presidency after a campaign largely negative to renewable sources like solar and wind power, but forces in favor of cleaner power could prove even bigger than The Donald. read more >
by Kyle Massey -
7 Companies Support Clean Line in Letter to Hutchinson
Corporations employing 4,000 Arkansans hope to get cheap renewable electricity from a controversial power line project. read more >
by Kyle Massey -
Jonesboro Approves $41 Million in Revenue Bonds for Unilever
The Jonesboro City Council approves issuing up to $41 million of industrial development revenue bonds for Unilever United States Inc. to pay for an expansion that will add about 125 workers to its Jonesboro plant. read more >
by Mark Friedman -
Jonesboro Council to Vote on $41M in Bonds Unilever Expansion
The Jonesboro City Council is considering a plan this week to authorize up to $41 million in revenue bonds to help Unilever complete an expansion at its plant, which makes hair-care products. read more >
by Associated Press -
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 >
Hormel Closes on Purchase of Skippy, Little Rock Plant
Hormel Foods Corp. has closed on its purchase of Skippy peanut butter, including its plant in Little Rock. read more >
by Associated Press -
$700M Skippy Deal Gives Hormel a Boost in International Markets
Skippy, which is made in plants in Little Rock and China, is sold in about 30 countries and is the leading peanut butter brand in China, where Hormel has been trying to build up its Spam business for the past several years. read more >
by Associated Press -
Unilever to Sell Skippy Brand, Including Little Rock Plant, in $700M Deal
Unilever says that it has signed a definitive agreement to sell its global Skippy business to Hormel Foods for about $700 million. Skippy's Little Rock manufacturing plant, at 8201 Frazier Pike in Little Rock, is the only Skippy peanut butter plant left in the country. read more >
by Lance Turner -