Manufacturing

Glass recycling partners join forces

EPIC Glass Recycling is partnering with ACE Glass and Plastics Recycling which is ramping up plans to build a glass recycling plant in North Little Rock just east of I-440….

Manufacturing activity declines for 8th straight month

Economic activity in the manufacturing sector contracted faster in June as optimism fades about the second half of 2023, according to the Institute for Supply Management (ISM). June was the…

Westrock Coffee to add 600 new jobs with $300 million investment in Conway

Westrock Coffee is investing $300 million to expand its development, production, and distribution facility in Conway, creating 600 jobs over five years that will pay average annual salaries of about…

Work continues on new Owens Corning plant; could open later this year

Owens Corning on June 13 received its fourth building permit in the past two years at its new facility at 5401 Excelsior Drive. The recent permit issued by the city…

Arkansas District Export Council opens applications for global trade awards

The Arkansas District Export Council (ARDEC) has opened its application process for international businesses with operations in Arkansas to be recognized for their achievements. The 13th annual Governor’s Awards for…

Walmart to open its first beef packaging facility in Kansas

Walmart is a huge buyer of case-ready beef to sell in its 4,700 U.S. stores. In recent years the retail giant has focused on improving the quality of its beef…

Gov. Sanders to attend aerospace and defense trade forum in Paris

Gov. Sarah Sanders said Wednesday (June 14) she would travel to Europe for the Paris Air Show next week in an effort to recruit more aerospace and defense business to…

U.S. Steel releases ESG report; highlights steel made at Big River Steel

United States Steel Corporation on Tuesday (June 13) issued its 2022 Environmental, Social and Governance (ESG) Report titled, “Essential for our Future,” reaffirming its commitment to sustainable steelmaking and a…

Manufacturing activity fell in May; uncertainty persists

Economic activity in the manufacturing sector moderated from April to May as uncertainty remains on when growth will return, according to the Institute for Supply Management (ISM). May was the…

With $216 million coming from DOD, Aerojet Rocketdyne adding jobs in Camden

Aerojet Rocketdyne, which is producing rocket motors used in weapons provided to Ukraine, will be expanding its workforce in Camden by a couple of hundred jobs and will be receiving…

U.S. Steel acquires $240 million in green bonds for second Big River Steel facility

U.S. Steel has closed on $240 million in unsecured Arkansas Development Finance Authority environmental improvement revenue bonds, which carry a green bond designation. The Green Bonds, issued through Arkansas Development…

Fayetteville clothing retailer displays Janus motorcycle

Shoppers at upscale men’s clothing retailer Walker Brothers in Fayetteville may have noticed a recent addition on the showroom floor. Only you don’t wear it — you ride it. Walker…

Upgrade costs curtail Westrock Coffee Q1 profitability

One-time, long-term investments in newly acquired assets turned Westrock Coffee’s first quarter profit potential into a $4.3 million net loss. The Little Rock-based integrated coffee, tea, flavors, extracts, and ingredients…

Tyson Foods’ share price falls to 3-year low; market cap down more than $12 billion

Owning Tyson Foods has, in recent months, been a hard ride. The company’s share price has plummeted more than 46% in the past year. Since January, Tyson’s market cap –…

‘Aromatic’ rice on the rise as demand for non-alcoholic beer grows

Demand for non-alcoholic beer is rapidly expanding and it has spurred new research using Arkansas-grown aromatic rice to expand flavor profiles of non-alcoholic beer, a category that has grown beyond…

Tyson Foods posts $97 million quarterly loss, reduces earnings guidance

Tyson Foods reported a second fiscal quarter net income loss of $97 million on Monday (May 8), a wide swing from net income of $829 million in the same quarter…

Tyson Foods expected to report 65% earnings decline

Springdale-based Tyson Foods is expected to report a 65% decline in net earnings per share for the second quarter ending March 31. The consensus estimate is $285.68 million in net…

Federal grant to study automation, safety at chicken processing plants

Arkansas is one of the top broiler (chicken) producers in the country and new challenges such as automation, efficiency and pathogen detection will be key issues as the decade continues…

ABB provides UAFS $1 million to create advanced workforce training program

ABB announced Tuesday (May 2) it will invest $1 million with the University of Arkansas at Fort Smith (UAFS) to help the university use post-secondary education programs to create a…

Manufacturing activity declines in April

Economic activity in the manufacturing sector contracted in April, but the activity improved narrowly from March to April, according to the Institute for Supply Management (ISM). Still, April was the…