Manufacturing

Westrock Coffee sees quarterly sales grow, loss widen

Westrock Coffee saw sales grow, but its net loss widen in the first quarter of 2025. For the quarter ended March 31, 2025, Westrock posted sales of $213.79 million compared…

Two family members added to Tyson Foods’ board

Tyson Foods continues to be a family-controlled company and that continues with Chairman John Tyson’s two children, John Randal Tyson and Olivia Tyson being named as directors effective May 8….

Lexicon, Mills University High partner on welding program

Steel fabricator Lexicon, Inc. and school officials in central Arkansas announced Wednesday (May 7) the creation of the Lexicon Academy of Advanced Manufacturing and Construction at Mills University Studies High…

Tyson Foods to sell four cold storage facilities for $247 million

Tyson Foods is revamping its cold storage network and process which includes selling four of its cold storage facilities to Novi, Mich.-based Lineage and creating annual cost savings. According to…

Tyson Foods net income up 48%, revenue misses the estimate

It was a mixed second quarter for Tyson Foods, which saw net income of $380 million, and adjusted earnings of 92 cents per share, up 48.38% from a year ago….

Walmart unveils program to solicit more US-made suppliers

With proposed and enacted Trump Administration tariffs – especially those targeting China – roiling the retail supply chain, Walmart execs searching for U.S. made goods recently launched a “Grow With…

GDP slows in the first quarter, job estimate reflects ‘unease’

A 0.3% decline in U.S. first quarter Gross Domestic Product (GDP) and an estimated low number of new jobs in April point to a slowing economy. Consumers in March did…

Elopak opens $100 million manufacturing plant at Little Rock Port

Norwegian-based global packaging company Elopak officially opened its first U.S. carton converting plant at the Little Rock Port Authority Wednesday (April 30). CEO Thomas Körmendi and Americas President Lionel Ettedgui…

Tyson Foods expected to post a 34% gain in net income

Tyson Foods may report a 34% net income boost when the company reports second quarter earnings on May 5. Market watchers predict quarterly net income of $296 million, better than…

ArcBest net income, revenue miss estimates, tonnage down 4.3%

ArcBest first-quarter net income and revenue fell below expectations thanks in part to ongoing manufacturing sector “weakness” and higher labor and other input costs. The report also included insight into…

Messer breaks ground on $70 million plant in Berryville

State and area officials gathered Monday (April 28) in Berryville to break ground on a new air separation unit (ASU) that will be operated by Bridgewater, N.J.-based industrial gas company…

The Supply Side: Technology keeps changing the supply chain

The complexity of global supply chains often results in areas of inefficiency, but technology is changing that, according to people with shipping and logistics experience who took part in the…

Tyson Foods pays $50 million to settle pork pricing lawsuit

Springdale-based Tyson Foods was one of three pork processing companies to recently resolve a long-standing class action lawsuit alleging pork price fixing from 2014 to 2018. Tyson agreed to pay…

U.S. Army artillery production plant in Camden to create 185 jobs

Secretary of the Army Dan Driscoll was in Camden, Ark., Tuesday (April 22) for the official opening of a General Dynamics manufacturing plant expected to assemble 50,000 artillery shells a…

ABB has ‘future proofed’ Fort Smith electric motor production

While it has had a decline in employment from the days when it was Baldor’s corporate headquarters, the ABB operation in Fort Smith remains the global base of the company’s…

Trade wars ‘likely to extend’ US freight recession

Recent reports suggest the announced and threatened tariffs may have boosted near-term shipping and import numbers, but may eventually lengthen the U.S. freight recession and reduce spending on trucks and…

Hytrol holds grand opening for clinic at Fort Smith plant

Jonesboro-based Hytrol on Wednesday (April 9) held a grand opening for a two-person medical clinic in its Fort Smith manufacturing operation. The clinic opened in November 2024 and is open…

Arkansas again ranks first in GDP growth with 5.1% fourth quarter rise

The preliminary gross domestic product (GDP) and personal income report for the 50 states has Arkansas ranked first for GDP growth in the fourth quarter of 2024, and ranked 47th…

Lexicon expanding HQ, fabrication operations in Little Rock

Lexicon announced Wednesday (March 19) plans to expand its corporate headquarters and steel fabrication operations in Little Rock. The expansion will create 60 new jobs and represents a capital investment…

Phoenix Xcelerator names cohort for aerospace and defense startups

The Forge Institute announced the startups selected for the Phoenix Xcelerator program, a no-cost, no-equity accelerator designed to fast-track promising startups tackling aerospace and defense challenges. Through a structured 12-week…