by - December 12, 2019 10:39 am
Manufacturers are optimistic about growth in 2020, with all 18 manufacturing industries expecting revenue to rise, according to the Institute for Supply Management (ISM). Meanwhile, the U.S. economy is expected…
by - December 9, 2019 11:43 am
Structurlam Mass Timber Corp., a company selected to help build Walmart’s expansive new corporate campus in Bentonville, will expand into the United States with a $90 million investment in an…
by - December 6, 2019 3:46 pm
Editor’s Note: The following story appeared in the Nov. 25 issue of the Northwest Arkansas Business Journal. “Then & Now” is a profile of a past member of the Business…
by - December 3, 2019 5:08 pm
Consumers are not letting tariffs or other economic fears put a damper on their holiday spending this year, according to Jack Kleinhenz, chief economist for the National Retail Federation (NRF)….
by - December 2, 2019 10:42 am
The Purchasing Managers’ Index (PMI) fell 0.2 percentage points to 48.1% in November, from October, as economic activity in the manufacturing sector contracted for the fourth consecutive month and at…
by - November 28, 2019 10:29 am
New orders for manufactured durable goods rose 0.6%, or by $1.5 billion, to $248.7 billion in October after declining 1.4% in September, according to the U.S. Census Bureau. The Census…
by - November 25, 2019 5:29 pm
About 100 workers have been told they will be laid off at the Tenaris manufacturing facility in Hickman, on the edge of Mississippi County. A timetable for the layoffs was…
by - November 25, 2019 12:52 pm
Hot Springs-based manufacturer Radius Aerospace, formerly a Triumph Group Division, broke ground Monday (Nov. 25) on a $24 million expansion of its titanium components plant and will add 65 employees…
by - November 19, 2019 10:08 am
Hot Springs-based Radius Aerospace, Inc. announced it has acquired Doncasters Group Limited’s Aerospace Forming and Fabricating Business in Sheffield and Shrewsbury, located in the United Kingdom. The new division will…
by - November 18, 2019 10:32 am
Industrial production and manufacturing production decreased by 0.8% and 0.6%, respectively, in October, from September, according to the Federal Reserve. Much of the decline can be attributed to the 7.1%…
by - November 12, 2019 12:12 pm
Springdale-based Tyson Foods posted record sales of $42.405 billion in fiscal year 2019, up 5.87% from the prior year. But net income fell $1 billion short of last year at…
by - November 12, 2019 11:32 am
Superior Group of Companies announced a “significant” expansion and upgrades to its Eudora, Ark., distribution center. The company will invest $10 million in the next three years and add 125…
by - November 11, 2019 2:51 pm
Privately held Big River Steel in Northeast Arkansas has closed on its deal announced last month to make United States Steel Corp. a minority stakeholder of the company’s scrap recycling…
by - November 9, 2019 10:50 am
Tyson Foods will report fiscal 2019 earnings on Tuesday (Nov. 12) and the fourth quarter results ending Sept. 30. Wall Street expects per share net income of $1.29 per for…
by - November 8, 2019 11:13 am
Editor’s Note: The following story appeared in the Oct. 28 issue of the Northwest Arkansas Business Journal. “Then & Now” is a profile of a past member of the Business…
by - November 8, 2019 9:23 am
Mission Critical Electronics (MCE), a California company that makes electronic power products, has acquired Lowell-based electrical products manufacturer Purkeys Fleet Electric. Financial terms of the deal were not disclosed. Purkeys…
by - November 7, 2019 7:22 pm
As Gov. Asa Hutchinson wraps up his fourth Far East trade mission, a new report released Wednesday (Nov. 6) by a coalition of U.S. trade groups says the ongoing trade…
by - November 7, 2019 8:17 am
Manufacturing employment in Arkansas has been growing faster than in the rest of the economy the past 18-20 months, while overall job growth has occurred mostly in Northwest Arkansas, central…
by - November 6, 2019 2:25 pm
“The world is changing too fast.” That’s one of a litany of concerns that Ted Abernathy outlined for about 600 statewide business leaders on Wednesday (Nov. 6) at the Arkansas…
by - November 6, 2019 11:19 am
Steel can manufacturer Ball Metalpack plans to close its Springdale plant and cut 76 full-time positions there by the end of the second quarter of 2020. The company will gradually…
