by - January 21, 2020 9:15 am
Industrial production decreased 0.3% in December as increases of 0.2% in manufacturing and 1.3% in mining were outweighed by a 5.6% decline in utilities, according to the Federal Reserve. The…
by - January 17, 2020 11:50 am
Four new hires have been added to the management team of Siloam Springs-based metal fabricator Alternative Design Manufacturing & Supply Inc. James Austin has been hired as the project manager…
by - January 16, 2020 12:47 pm
The U.S. Senate on Thursday (Jan. 16) voted to approve the U.S.-Mexico-Canada Trade Agreement (USMCA), which sends the far-reaching new trade rules to President Donald Trump for his signature. The…
by - January 15, 2020 3:23 pm
A “Phase 1” trade deal was signed Wednesday (Jan. 15) by President Donald Trump and Chinese Vice Premier Liu He that reduces some tariffs between the countries and seeks to…
by - January 15, 2020 12:23 pm
Lockheed Martin’s Camden, Ark., plant will benefit from a $31.9 million missile system weapons contract between the company and the Defense Advanced Research Projects Agency (DARPA). The contract is to…
by - January 14, 2020 11:50 am
Ferra Aerospace, an Australian-based advanced machining and complex assembly company, has acquired Rogers manufacturer C&M Machine Holding Inc. Financial terms of the deal were not disclosed. The facility at 207…
by - January 9, 2020 5:30 pm
Gov. Asa Hutchinson has pledged $2.1 million in state funding for the new Fort Smith Public Schools career and technology center. Hutchinson said investment in the center is an investment…
by - January 7, 2020 7:14 pm
Alcoa Corp. has agreed to sell its Arkansas waste treatment facility in Gum Springs (Clark County) to Veolia ES Technical Solutions (VTS) in a transaction expected to close in the…
by - January 6, 2020 12:04 pm
The Purchasing Managers’ Index (PMI) declined 0.9 percentage points to 47.2% in December, from November, as economic activity in the manufacturing sector contracted for the fifth consecutive month and at…
by - December 30, 2019 4:02 pm
New orders for manufactured durable goods declined 2%, or by $5 billion, to $242.6 billion in November, from October, according to the U.S. Census Bureau. The Census Bureau recently released…
by - December 29, 2019 1:14 pm
The total value of Arkansas exports rose 3.4% to $6.45 billion in 2018, from $6.23 billion in 2017, according to a new report. The World Trade Center Arkansas in Rogers…
by - December 18, 2019 4:56 pm
The Nucor board of directors has approved an expansion project which will add a coil paint line at the company’s sheet mill in Mississippi County. The new coil paint line…
by - December 18, 2019 9:29 am
Industrial and manufacturing production increased 1.1% in November, from October, according to the Federal Reserve. The increase can be attributed to a rise in the output of motor vehicles and…
by - December 12, 2019 11:10 am
Conway-based SFI Arkansas announced Thursday (Dec. 12) plans to expand their facility and hire up to 75 new employees over the next 18 months. The new jobs would add to…
by - December 12, 2019 10:39 am
Manufacturers are optimistic about growth in 2020, with all 18 manufacturing industries expecting revenue to rise, according to the Institute for Supply Management (ISM). Meanwhile, the U.S. economy is expected…
by - December 9, 2019 11:43 am
Structurlam Mass Timber Corp., a company selected to help build Walmart’s expansive new corporate campus in Bentonville, will expand into the United States with a $90 million investment in an…
by - December 6, 2019 3:46 pm
Editor’s Note: The following story appeared in the Nov. 25 issue of the Northwest Arkansas Business Journal. “Then & Now” is a profile of a past member of the Business…
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…
