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U.S. ‘skills gap’ is real: HR professionals can’t find suitable job candidates
A recently released report by the nation’s top human resource trade group said the “skills gap” in the U.S. is real and getting worse as four out of five hiring…
Manufacturing
by - February 11, 2019 9:01 am
U.S. workers strike at highest level in past three decades
The U.S. had the highest number of workers go on strike in more than 30 years as the number of major work stoppages across the U.S. rose to its highest…
by - February 7, 2019 2:16 pm
Tyson Foods first-quarter profit drops, two shareholder proposals voted down
Tyson Foods reported net profits of $551 million for the first quarter ending Dec. 31. This compared to record results of $1.631 billion reported in the year-ago period. On an…
by - February 7, 2019 9:45 am
Tyson Foods to acquire part of Brazil Foods, expand global operations
Tyson Foods on Thursday (Feb. 7) announced the pending acquisition of the Thai and European operations of Brazil Foods for $340 million. The deal will expand Tyson’s global footprint and…
by - February 4, 2019 5:20 pm
Tyson Foods expected to report quarterly lower profits on higher revenue
Despite Tyson Foods’ efforts to boost margins across its large processing operations the meat giant struggles to combat excess supplies and higher freight costs that are expected to bring first-quarter…
by - February 2, 2019 4:50 pm
Revenue for holding company of Fort Smith manufacturer up 8.8%
Stamford, Conn.-based Silgan Holdings Inc., which recently opened a manufacturing plant in Fort Smith, reported full year 2018 net income of $224 million, or $2.01 per diluted share, below the…
by - February 2, 2019 12:48 pm
Arkansas manufacturing sector faces dearth of skilled workers with tight labor pool, low unemployment
Futuristic fears that robots and artificial intelligence advances will replace workers in the manufacturing sector are not exactly panning out as factory employers in Arkansas and the rest of the…
by - February 1, 2019 3:07 pm
Manufacturing sector continues to expand
Economic activity in the manufacturing sector expanded in January, and the overall economy grew for the 117th consecutive month as raw materials prices fell for the first time in almost…
by - January 29, 2019 6:46 pm
Nucor posts record profits, moves forward with new Midwest steel mill
U.S. steelmaker Nucor Corp., which operates three large steel mills in Northeast Arkansas, on Tuesday (Jan. 29) reported record fourth quarter and year-end profits as the company continues to benefit…
by - January 28, 2019 5:29 pm
Brookings Institution report: The robots are coming, sort of
A new report by the progressive Brookings Institution think tank predicts that automation and artificial intelligence (AI) will disrupt virtually all U.S. industries in the coming years, taking note that…
by - January 23, 2019 3:47 pm
NanoMech receives 5th Edison Awards honor
Springdale-based nanotechnology company NanoMech Industries has been named a 2019 award winner by Edison Awards — a program that was inspired by Thomas Edison’s persistence and inventiveness and recognizes the…
by - January 22, 2019 7:59 pm
Hytrol lab opened on the Arkansas State University campus
Arkansas State University opened Hytrol Materials Handling Laboratory Tuesday on the ASU campus. The laboratory, located in room 130U of the Arkansas Biosciences Institute, was made possible after Hytrol a…
by - January 19, 2019 6:31 am
Manufacturing, retail sectors create record year for Los Angeles port
The Port of Los Angeles moved more cargo in 2018 than any time in its 111-year history, racking up 9.458 million Twenty-Foot Equivalent Units (TEUs), 1.2% more than 2017’s record-breaking…
by - January 18, 2019 5:40 pm
Gerber to cut 49 jobs at Fort Smith plant
Gerber Products Company released a statement Friday (Jan. 18) announcing the baby foods manufacturer would cut 49 jobs from its Fort Smith facility. Content partner KFSM 5 News posted a…
by - January 17, 2019 12:33 pm
Hot Springs plant to benefit from airplane engine parts contract
The Hot Springs facility of Triumph Group will benefit from a deal to provide structural formed skins for the Bombardier thrust reversers to be fitted on Geared Turbo Fan powered…
by - January 17, 2019 12:28 pm
Machine tool orders down in November
Machine tool orders in November fell slightly on a monthly basis while still posting a gain compared with a year earlier, based on a report from the Association for Manufacturing…
by - January 16, 2019 8:00 am
Car and light truck sales may slow in 2019
The manufacturing sector could face a headwind in 2019 based on a prediction that U.S. sales of cars and light trucks are forecast to slow this year, according to Cox…
by - January 15, 2019 4:05 pm
Afterglow Aircraft Solutions to expand at Little Rock airport, grow to 60 jobs
Afterglow Aircraft Solutions, an Arkansas-based company offering aircraft interior and paint refurbishments and detailing, will locate operations at the Little Rock airport, the Little Rock Municipal Airport Commission announced Tuesday…
by - January 14, 2019 9:50 pm
Arkansas noted in Chinese investment report
Arkansas is mentioned in a new report about Chinese investment in the United States. It’s the first time in seven years of the report that specific states were mentioned for…
by - January 8, 2019 10:57 am
Nucor announces plans to build $1.35 billion ‘Midwest’ steel plate mill
Nucor Steel, which has a major presence in Northeast Arkansas’ “steel corridor,” has announced a major multibillion-dollar steel mill investment in an unknown location in the Midwest part of the…