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 >
Hormel Foods Corp. has closed on its purchase of Skippy peanut butter, including its plant in Little Rock. read more >
A quick look back at the business week that was in Arkansas. read more >
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 >
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 >
