by - January 4, 2023 1:20 pm
Economic activity in the U.S. manufacturing sector and the overall economy contracted in December, according to the Institute for Supply Management (ISM). December was the first month that ISM data…
by - December 21, 2022 10:50 am
Tyson Foods, the largest U.S. meat processor, reported a record fiscal revenue of $53.28 billion and net income of $3.249 billion, which led to higher pay for most company’s executives,…
by - December 19, 2022 3:16 pm
Gränges, a a Swedish company that specializes in the production of rolled aluminum products for heat exchanger applications and other niche products, broke ground Monday (Dec. 19) on an expansion…
by - December 11, 2022 10:01 pm
Lifeplus International, a creator of wellbeing products, broke ground Friday (Dec. 9) on the first of four new buildings at its flagship manufacturing facility in Batesville. The company plans to…
by - December 11, 2022 5:28 am
Little Rock-based The Stephens Group, LLC announced it finalized its acquisition of Quality Valve, Inc. from Pfingsten, a Chicago-based private equity firm formed in 1989. Terms of the transaction, which…
by - December 4, 2022 9:31 am
Hytrol Conveyor Co. announced Thursday (Dec. 1) a change in its leadership structure moving several employees into C-suite positions and promoting others. The company said the change will open mid-…
by - December 1, 2022 3:01 pm
Economic activity in the manufacturing sector contracted in November for the first time since May 2020 after 29 consecutive months of growth, according to the Institute for Supply Management (ISM)….
by - November 16, 2022 8:04 pm
Gov. Asa Hutchinson announced Tuesday (Nov. 15) the creation of the Arkansas Manufacturing Workforce Training Center, a joint venture between the Arkansas Office of Skills Development and the Conway Development…
by - November 15, 2022 5:37 pm
Fort Smith Public School’s Peak Innovation Center, which opened in March, has received a $500,000 grant from the OGE Energy Corp. Foundation to support the new OG&E “Live Safely” initiative…
by - November 15, 2022 5:18 pm
Envirotech Vehicles, the only auto manufacturer in Arkansas, posted third quarter net income of $126,749 in the first quarter as a publicly held company. The gain was a wide swing…
by - November 15, 2022 3:29 pm
Tyson Foods will spend $1.5 million to help immigrant employees defray legal and citizenship expenses. Over the past two years, Tyson has spent $2.4 million to support Immigrant Connection, a…
by - November 15, 2022 2:58 pm
Italy-based ammunition manufacturer Fiocchi announced Tuesday (Nov. 15) it was building a second manufacturing facility in Little Rock that will employ 120 people. The company announced it had selected a…
by - November 15, 2022 10:43 am
Pernod Ricard USA is entering the ready-to-drink (RTD) market and doing so by investing $22 million into its Fort Smith plant. The investment will provide the facility with canning capabilities…
by - November 14, 2022 4:33 pm
Little Rock-based Westrock Coffee boosted third quarter sales by 27% but posted a net loss of $13.018 million, above the $3.89 million loss in the same quarter of 2021. The…
by - November 14, 2022 10:54 am
Tyson Foods’ fiscal fourth-quarter net income was down 60%, but the Springdale-based company ended fiscal 2022 with record revenue of $53.282 billion, up 13.2% from the prior year. Net income…
by - November 14, 2022 9:17 am
NEA Outstanding Business of the Year Award Hytrol Conveyor Large Employer award One of Jonesboro’s largest businesses has been aggressively expanding during the pandemic and in the post-pandemic world. Hytrol…
by - November 11, 2022 5:59 am
Envirotech Vehicles’ first five electric school buses are in final assembly and are expected to be produced by the end of this year or in the next quarter, said Executive…
by - November 10, 2022 4:13 pm
Tyson Foods is expected on Monday (Nov. 14) to report fourth-quarter net income of $577 million for the period ending Sept. 30. Estimated earnings per share of $1.60 would be…
by - November 9, 2022 6:04 pm
Specialty chemical maker Albemarle Corp. said Wednesday (Nov. 9) it planned to invest up to $540 million to expand and modernize two bromine facilities in Magnolia. The company said the…
by - November 7, 2022 12:22 pm
Rheem, which produced its first unit in Fort Smith in August 1970, is investing another $20 million into the Fort Smith plant in an expansion that will add an estimated…
