by - February 17, 2020 12:30 pm
Top 5 Arkansas business stories of the decade
Arkansas’ economy was a tad wobbly entering the 2010 decade. The Great Recession continued to be a little too great, with the state’s jobless rate at 8.2% in January 2010…
Manufacturing
by - February 17, 2020 10:29 am
Industrial, manufacturing output declined in January
Industrial production fell 0.3% in January as unseasonably warm weather led to declines in the output of utilities and as a manufacturer decreased production of civilian aircraft, according to the…
by - February 16, 2020 12:25 pm
Cleanup of dangerous chemical continues near former Whirlpool plant
Eight years after Whirlpool shuttered the doors, cleanup of a cancer-causing chemical continues at the former site of its 1.2 million square foot manufacturing plant on Jenny Lind. The appliance…
by - February 13, 2020 11:17 am
Dick Latta, owner of Latco Truss in Lincoln, dies at 73
Fayetteville businessman Dick Latta, the owner and founder of poultry equipment and construction supplier Latco Truss Co. of Lincoln, died Tuesday (Feb. 11) at Circle of Life Hospice in Springdale….
by - February 12, 2020 4:08 pm
Tyson Foods names McNamara as vice chairman
Tyson Foods Board of Directors recently voted to appoint Kevin McNamara as board vice chairman. McNamara will continue his role as lead independent director and vice chairman with a $125,000…
by - February 11, 2020 4:50 pm
Tyson Foods invests in joint venture with Jacob Stern & Sons
Tyson Foods’ beef and pork subsidiary and Jacob Stern & Sons of Houston, Texas, launched a joint venture known as JST Global that intends to serve the global fats and…
by - February 11, 2020 11:25 am
Canadian firm Structurlam hoping Walmart campus, Conway plant will spur mass timber popularity in U.S.
In early 2018, Structurlam Mass Timber Corp. hired Hardy Wentzel as its new CEO. He had a prioritized strategic plan: Expand the Canadian-based manufacturing company with a southern U.S. facility….
by - February 6, 2020 7:16 pm
Glatfelter revenue up 7% in 2019, company to move headquarters to Charlotte
York, Pa.-based Glatfelter, which has a manufacturing operation in Fort Smith, posted an adjusted net income of $33.15 million in 2019, well ahead of the $9.198 million in 2018. The…
by - February 6, 2020 1:59 pm
Tyson Foods approves director slate, talks sustainability at annual meeting
Tyson Foods Chairman John Tyson said he has fond memories of spending time on Emma Ave., in his hometown of Springdale, where his grandfather John W. Tyson and his father…
by - February 6, 2020 12:48 pm
Net income up more than 1% for Tyson Foods in the first fiscal quarter; revenue misses estimates
Tyson Foods reported Thursday (Feb. 6) better overall results in its first quarter ending Dec. 28, with net income of $557 million, up from $551 million in the year-ago period….
by - February 3, 2020 5:08 pm
Tyson Foods earnings estimated to rise 7% in fiscal 2019
Springdale-based Tyson Foods is expected to see first-quarter net income rise 7% from a year ago with per share net income to be $1.70 per share. Consensus revenues are expected…
by - February 3, 2020 12:47 pm
PMI expanded in January, first time since July 2019
The Purchasing Managers’ Index (PMI) rose 3.1 percentage points to 50.9% in January, from December, as economic activity in the manufacturing sector expanded after falling for five consecutive months, according…
by - February 3, 2020 8:06 am
UA economist discusses trade deals, job growth
Despite breakthroughs on two international trade deals and low unemployment in Arkansas, economist Mervin Jebaraj doesn’t expect much to change with the Arkansas economy in 2020. Jebaraj, who appeared on…
by - February 2, 2020 11:26 am
Arkansas aerospace and defense leader sees breakthrough on trade benefiting state manufacturers
Arkansas Aerospace and Defense Alliance executive director Chad Causey thinks breakthroughs on two trade fronts will stimulate his industries’ sales. Appearing on this week’s edition of Talk Business & Politics,…
by - January 31, 2020 6:42 am
Westrock Coffee to acquire North Carolina coffee and tea company in $405 million deal
Westrock Coffee Co., the Scott Ford startup, announced Friday (Jan. 31) it has entered into a definitive agreement to acquire North Carolina-based S&D Coffee & Tea from publicly-traded Cott Corp….
by - January 30, 2020 3:43 pm
At least 74 workers laid off at a welded pipe mill in Blytheville
At least 74 people will be laid off at TMK-IPSCO, a welded pipe mill in Blytheville. The company was acquired by Tenaris earlier this month and the move was expected….
by - January 29, 2020 10:01 pm
Nucor earnings beat projections in 4Q, down for the year
Nucor Corp. reported Tuesday (Jan. 28) $107.8 million in net earnings during the fourth quarter of 2019, slightly higher than projections, but still lower when compared to the same quarter…
by - January 28, 2020 6:32 pm
Hytrol to add jobs in Jonesboro, change shifts
Hytrol Conveyor Company will hire 35 new employees and change its shift schedule, according to Talk Business & Politics’ content partner KAIT. The company has announced it will shift its…
by - January 28, 2020 10:02 am
Manufactured goods orders increased 2.4% in December
New orders for manufactured durable goods rose 2.4%, or by $5.7 billion, to $245.5 billion in December, from November, according to the U.S. Census Bureau. The Census Bureau on Tuesday…
by - January 26, 2020 1:04 pm
Ranger Boats founder Forrest Wood has died
Forrest Wood, the founder of Ranger Boats who is often hailed as the founder of the modern bass boat, died Jan. 24. He was 87. Wood is survived by his…