Manufacturing

Losses continue for Canoo

Canoo, the electric vehicle maker that has abandoned plans to build a headquarters in Bentonville, continues to bleed money. The company posted a second quarter loss of $6.037 million, which…

AG Griffin finds no ‘prohibited’ ownership of former Trane site in Fort Smith

The Fort Smith industrial property that Gov. Sarah Sanders brought attention to with a pre-investigation concern of being connected to Chinese communists, has been found to not have any connections…

Tyson Foods to cut hundreds of jobs in North Carolina chicken complex

Last week Tyson Foods began handing out pink slips to plant workers in the Wilkesboro, N.C., fresh chicken facility, according to local news reports. Around 500 jobs are expected to…

Tyson Foods marks 3 years with its Bright Blue Health Clinics

Healthcare access continues to be a hurdle for many working Americans, especially in rural areas. Three years ago, Springdale-based Tyson Foods began offering medical care to employees in several areas…

Colliers closes on major industrial properties in North Little Rock, Nashville

A North Little Rock flex property featuring both office and warehouse space was sold on Thursday, July 25 for $1.3 million. Located at 241 Newman Drive, the property totals 12,000…

Westrock Coffee posts smaller Q2 loss

Westrock Coffee posted another quarterly loss – albeit a smaller one than a year ago – as the Conway-based coffee, tea and extract company continues to search for its footing…

Tyson Foods declares quarterly dividend

Shareholders of Tyson Foods will receive a 49-cent cash dividend for the last quarter of fiscal 2024, ending Oct. 1. Tyson’s restricted class B shares held by the family trust…

Tyson Foods posts quarterly gains in net income, revenue (Updated)

Tyson Foods on Monday (Aug. 5) reported fiscal third-quarter net income of $191 million, a wide swing from a $417 million loss in the same quarter of 2023. Revenue was…

‘America First’ means hitting China where it hurts – their pollution

As conservative members of the Arkansas General Assembly, we are committed to advancing policies that strengthen our nation’s economic foundation, protect American jobs, and uphold the principles of fairness laid out in the…

Some cooling noted in Northwest Arkansas industrial space

A recent mid-year 2024 industrial property update from Palmer Hays suggests that industrial space is still a growing market in Northwest Arkansas, but recent trends show some cooling. Hays, an…

Tyson Foods expected to see 300% net income gain in third fiscal quarter

All eyes will be on Tyson Foods on Aug. 5 as analysts expect a big quarter thanks to improved operating metrics in chicken and pork. Tyson is expected to post…

Tyson Foods rolls out ‘Razorback Nuggets’ ahead of football season

Research and development workers at Springdale-based Tyson Foods wanted to develop a Razorback-inspired food that might be a hit at tailgating events for University of Arkansas fans. The result is…

American Fuel in Magnolia receives national award for exports

American Fuel Cell and Coated Fabrics in Magnolia was formally presented a national award on Friday (July 26) by U.S. Representative Bruce Westerman, R-Hot Springs. The U.S. Department of Commerce…

Shannon Powers, Marcus Jarrett join Allen Engineering executive team

Allen Engineering Corp. of Paragould has added two members to its executive team. Shannon Powers is the new director of Finance and Administration and Marcus Jarrett has been promoted to…

Tyson Foods tags five startups to focus on supply chain innovation

Tyson Ventures, the venture capital arm of Tyson Foods, recently held its annual pitch event for startups using technology to improve the supply chain and selected five companies to work…

Losses continue for electric vehicle maker Canoo, stock sale announced

It’s a mystery as to how much longer Canoo – the electric vehicle maker that once planned to be based in Bentonville – can remain a going concern. The company…

O.K. Industries settles antitrust case on price collusion

Fort Smith-based O.K. Industries, a subsidiary of Mexico-based Industrias Bachoco, has settled its part of a federal class action suit in the Northern District of Illinois over allegations of driving…

Taber Extrusions to invest $60 million in Russellville expansion

Arkansas economic officials announced a $60 million, 70-job expansion in Russellville on Tuesday (July 23) while in London. Taber Extrusions is expanding its facility in Russellville facility introducing the largest…

Gov. Sanders announces trade mission to U.K., Germany

Arkansas Gov. Sarah Sanders announced Thursday (July 18) she will take part in an overseas trade mission to the United Kingdom and Germany the week of July 22. The trip…

Brazilian pulp manufacturer acquires Pine Bluff paper mill for $110 million

Pactiv Evergreen Inc. announced it has signed a definitive agreement to sell its Pine Bluff, Arkansas paper mill and Waynesville, North Carolina extrusion facility to global paper and pulp producer…

LR Fed official praises Warsh start amid economic uncertainty

Beechwood Hospitality starts operating Fayetteville hotel

Crystal Bridges names 3 to executive leadership jobs

Lawrence Healthcare hires Anthony Knighton as president