by - January 3, 2025 4:09 pm
Citing national security concerns, President Joe Biden has blocked the sale of U.S. Steel to Japanese-based Nippon Steel Corporation. The $15 billion deal, more than a year in the making,…
by - December 29, 2024 8:00 am
Mississippi County is now reportedly the top steel producing county in the United States. Thousands of workers pour into steel mills owned by Nucor and Big River Steel (BRS) and…
by - December 20, 2024 2:24 pm
Arkansas’ third quarter real gross domestic product (GDP) of $149.105 billion grew at an annual rate of 6.9%, the most of any U.S. state, according to Friday’s (Dec. 20) report…
by - December 19, 2024 12:44 pm
Of the $26.7 million in workforce training grants announced Thursday (Dec. 19) by Gov. Sarah Sanders, $4.45 million will land in the Fort Smith metro, and institutions in the University…
by - December 18, 2024 3:23 pm
Tyson Foods’ top five executives shared $14.439 million in cash bonus pay this year as a reward for improved financial metrics in the fiscal year. Bonuses tied to such performance…
by - December 16, 2024 11:15 am
LRockRx Compounding Pharmacy, a new 503A compounding pharmacy, held its grand opening Monday (Dec. 16) for its new facility in Little Rock, which is expected to create around 100 jobs…
by - December 16, 2024 10:28 am
DW WH Conway, LLC, an investment group led by Andrew Wiechern and Isaac Smith of Colliers | Arkansas, closed on a 641,698-square-foot industrial facility at 600 Dave Ward Drive in…
by - December 12, 2024 4:28 pm
Welspun Tubular LLC on Thursday (Dec. 12) held the groundbreaking ceremony for the expansion of its High Frequency Induction Welded (HFIW) pipe manufacturing facility in Little Rock. The expansion at…
by - December 11, 2024 10:41 am
Van Buren-based Five Rivers Distribution has acquired the Van Buren operations of Covington, La.-based Consolidated Terminal and Logistics Company, according to Five Rivers President Marty Shell. Terms of the deal…
by - December 9, 2024 2:37 pm
Atlanta-based Georgia-Pacific will spend $90 million to expand its mill in Crossett, Ark., and add 50 jobs. The work is expected to be completed in 2025, according to a Monday…
by - December 5, 2024 11:46 am
Butterball will shutter its Jonesboro turkey processing facility next year impacting about 180 workers. The tentative plan is to close the plant by Feb. 3, 2025, according to a release…
by - December 4, 2024 12:20 pm
Two small Tyson Foods’ plants in Philadelphia are slated to close over the next two months. The Original Philly cook beef plant and the Original Philly raw plant acquired by…
by - December 3, 2024 11:51 am
More than 800 employees at Tyson Foods’ meat processing plant in Emporia, Kan., learned Monday (Dec. 2) they will lose their jobs when the plant there is shuttered in February…
by - November 18, 2024 5:07 pm
Weyerhaeuser Company, one of the world’s largest private owners of timberlands, announced Monday (Nov. 18) plans for a $500 million investment to build a new, state-of-the-art timber processing facility near…
by - November 14, 2024 3:05 pm
Steve Clark, president and CEO of the Fayetteville Chamber of Commerce, will retire after 16 years with the organization. His last day in his role will be Tuesday (Nov. 19)….
by - November 13, 2024 9:13 am
Tontitown-based metal manufacturer Central States Inc. has become a member of Certified Employee-Owned (Certified EO), a certification program for American employee-owned companies. Central States is 100% employee-owned by its 1,400…
by - November 12, 2024 1:33 pm
Tyson Foods beat analyst estimates in its fiscal fourth-quarter with net income of $357 million, reversing a loss of $450 million a year ago. Adjusted earnings per share was 92…
by - November 7, 2024 6:13 pm
Little Rock-based Westrock Coffee reported slightly stronger sales in its third quarter, but still finished in the red as company leaders cited “a challenging macroeconomic environment.” Westrock Coffee reported quarterly…
by - November 7, 2024 1:33 pm
The National Retail Federation has warned that President-elect Donald Trump’s proposed tariffs could cost consumers between $362 to $624 annually per household for the purchase of goods imported from China….
by - November 7, 2024 11:17 am
Business executives at U.S. retailers and manufacturers have strategically reshaped supply chains to achieve greater efficiencies as global supply chains have proven vulnerable to disruptions and geopolitical and economic uncertainty….
