by - March 7, 2019 5:23 pm
CoorsTek held a groundbreaking ceremony at its Benton location Thursday (March 7) for a $26 million, 50,000-square-foot expansion that will increase its workforce of 200 there by about 15%. The…
by - March 7, 2019 2:25 pm
Mervin Jebaraj, economist with the University of Arkansas Walton College of Business, says the fourth quarter earnings of publicly traded companies supports his theory that 2019 will be less robust…
by - March 6, 2019 2:20 pm
Sales of U.S. wholesalers rose 5.9% to $7.6 trillion in 2017, from $7.2 trillion in 2016, according to new estimates from the U.S. Census Bureau. The estimates, which were released…
by - March 6, 2019 1:07 pm
Lockheed Martin Corp.’s industrial site in Camden is likely to be apportioned a significant amount of work from the Pentagon’s nearly $1 billion contract to provide so-called THAAD missiles to…
by - March 1, 2019 10:35 am
The Purchasing Managers’ Index (PMI) declined 2.4 percentage points to 54.2% in February, from January. A reading above 50% indicates the manufacturing economy is generally expanding and below 50% indicates…
by - March 1, 2019 5:55 am
The nation’s economy in the fourth quarter grew at its slowest pace since the first three months of 2018 as consumer and business spending pushed real GDP growth to a…
by - February 28, 2019 6:58 pm
Officials with Van Buren-based Arkansas Lighting announced Thursday (Feb. 28) they had acquired Prima Lighting, which will significantly expand its product offering and customer base. The acquisition is effective Friday…
by - February 26, 2019 7:24 pm
As the U.S. job market continues to tighten with the national unemployment rate at 4%, employers are spending more time training new hires as they enter the workforce or switch…
by - February 25, 2019 8:06 pm
The former Hutcheson shoe facility in east Fort Smith has been donated to the Fort Smith Public School District for use as the career and technology center planned under the…
by - February 25, 2019 6:26 pm
Sally Grimes, Tyson Foods group president for prepared foods, is exiting the company later this year when her successor is named and there is an adequate transition period. Grimes gave…
by - February 21, 2019 11:59 am
Noted Bentonville architect Harrison French has purchased a unique property in the Boxley Valley of Newton County. French, founder and CEO of architectural firm HFA (Harrison French & Associates), completed…
by - February 18, 2019 10:41 am
Industrial production fell 0.6%, and manufacturing production declined 0.9% in January, from December, largely as a result of a decrease in motor vehicle assemblies, according to the Board of Governors…
by - February 16, 2019 11:10 am
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…
by - February 11, 2019 9:01 am
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 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 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
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
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
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
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…
