by - December 3, 2019 5:08 pm
Consumers are not letting tariffs or other economic fears put a damper on their holiday spending this year, according to Jack Kleinhenz, chief economist for the National Retail Federation (NRF)….
by - December 2, 2019 10:42 am
The Purchasing Managers’ Index (PMI) fell 0.2 percentage points to 48.1% in November, from October, as economic activity in the manufacturing sector contracted for the fourth consecutive month and at…
by - November 28, 2019 10:29 am
New orders for manufactured durable goods rose 0.6%, or by $1.5 billion, to $248.7 billion in October after declining 1.4% in September, according to the U.S. Census Bureau. The Census…
by - November 25, 2019 5:29 pm
About 100 workers have been told they will be laid off at the Tenaris manufacturing facility in Hickman, on the edge of Mississippi County. A timetable for the layoffs was…
by - November 25, 2019 12:52 pm
Hot Springs-based manufacturer Radius Aerospace, formerly a Triumph Group Division, broke ground Monday (Nov. 25) on a $24 million expansion of its titanium components plant and will add 65 employees…
by - November 19, 2019 10:08 am
Hot Springs-based Radius Aerospace, Inc. announced it has acquired Doncasters Group Limited’s Aerospace Forming and Fabricating Business in Sheffield and Shrewsbury, located in the United Kingdom. The new division will…
by - November 18, 2019 10:32 am
Industrial production and manufacturing production decreased by 0.8% and 0.6%, respectively, in October, from September, according to the Federal Reserve. Much of the decline can be attributed to the 7.1%…
by - November 12, 2019 12:12 pm
Springdale-based Tyson Foods posted record sales of $42.405 billion in fiscal year 2019, up 5.87% from the prior year. But net income fell $1 billion short of last year at…
by - November 12, 2019 11:32 am
Superior Group of Companies announced a “significant” expansion and upgrades to its Eudora, Ark., distribution center. The company will invest $10 million in the next three years and add 125…
by - November 11, 2019 2:51 pm
Privately held Big River Steel in Northeast Arkansas has closed on its deal announced last month to make United States Steel Corp. a minority stakeholder of the company’s scrap recycling…
by - November 9, 2019 10:50 am
Tyson Foods will report fiscal 2019 earnings on Tuesday (Nov. 12) and the fourth quarter results ending Sept. 30. Wall Street expects per share net income of $1.29 per for…
by - November 8, 2019 11:13 am
Editor’s Note: The following story appeared in the Oct. 28 issue of the Northwest Arkansas Business Journal. “Then & Now” is a profile of a past member of the Business…
by - November 8, 2019 9:23 am
Mission Critical Electronics (MCE), a California company that makes electronic power products, has acquired Lowell-based electrical products manufacturer Purkeys Fleet Electric. Financial terms of the deal were not disclosed. Purkeys…
by - November 7, 2019 7:22 pm
As Gov. Asa Hutchinson wraps up his fourth Far East trade mission, a new report released Wednesday (Nov. 6) by a coalition of U.S. trade groups says the ongoing trade…
by - November 7, 2019 8:17 am
Manufacturing employment in Arkansas has been growing faster than in the rest of the economy the past 18-20 months, while overall job growth has occurred mostly in Northwest Arkansas, central…
by - November 6, 2019 2:25 pm
“The world is changing too fast.” That’s one of a litany of concerns that Ted Abernathy outlined for about 600 statewide business leaders on Wednesday (Nov. 6) at the Arkansas…
by - November 6, 2019 11:19 am
Steel can manufacturer Ball Metalpack plans to close its Springdale plant and cut 76 full-time positions there by the end of the second quarter of 2020. The company will gradually…
by - November 1, 2019 1:29 pm
The Purchasing Managers’ Index (PMI) rose 0.5 percentage points to 48.3% in October, from 47.8% in September, as economic activity in the manufacturing sector contracted for the third consecutive month…
by - October 30, 2019 11:42 am
HMS Mfg. Co. announced plans Wednesday (Oct. 30) to open a new 550,000 sq. ft. injection molding facility in the Port of Little Rock. HMS Mfg. Co. expects to create…
by - October 29, 2019 4:32 pm
Glatfelter on Tuesday (Oct. 29) reported third quarter revenue was up more than 10%. The company, which operates a manufacturing facility in Fort Smith, also reported earnings per share of…
