Arkansas Business http://ualrpublicradio.org en Little Rock Port Authority Opens Resource Center http://ualrpublicradio.org/post/little-rock-port-authority-opens-resource-center <p style="margin-bottom: 0in"><font size="4">The construction of a new 2.1 million dollar Arkansas River Resource Center is heralding future economic development opportunities for the Port of Little Rock, according to city and federal officials. As KUAR’s Chris Hickey reports, the center’s presence is just one piece of a site that has become an economic engine for Central Arkansas.</font></p> Thu, 21 Aug 2014 13:47:42 +0000 Chris Hickey 28547 at http://ualrpublicradio.org Little Rock Port Authority Opens Resource Center Pine Bluff Lands $130 Million Plant To Make Wood Pellets http://ualrpublicradio.org/post/pine-bluff-lands-130-million-plant-make-wood-pellets <p>A new $130 million dollar wood pellet plant is to be built in Pine Bluff, creating 35 new jobs.</p><p>Highland Pellets announced Wednesday that groundbreaking is expected in October, with deliveries scheduled to begin in March 2016.</p><p>The facility will produce wood pellets, which can be used as an alternative fuel source.</p><p>Last month, another company announced plans for a wood pellet plant in south Arkansas. Zilkha Biomass Energy says it will build a plant in Monticello, creating 52 jobs.</p> Wed, 20 Aug 2014 16:52:34 +0000 Associated Press 28494 at http://ualrpublicradio.org Pine Bluff Lands $130 Million Plant To Make Wood Pellets Bill and Hillary Clinton National Airport Proposes Renovations http://ualrpublicradio.org/post/bill-and-hillary-clinton-national-airport-proposes-renovations <p></p><p>The Bill and Hillary Clinton National Airport announced a $20.5 million concourse renovation plan Tuesday. The proposal includes a modernized interior, additional gate seating with chargers for portable devices, new jet bridges and new arrival and departure monitors.</p><p>According to Ronald Mathieu, Executive Director of the Clinton National Airport, ridership was down five percent last year. He said interior improvements will be good for business.</p> Tue, 19 Aug 2014 19:33:55 +0000 Sarah Whites-Koditschek 28444 at http://ualrpublicradio.org Bill and Hillary Clinton National Airport Proposes Renovations Whirlpool Testing For Toxic Chemical On Boys & Girls Club Land http://ualrpublicradio.org/post/whirlpool-testing-toxic-chemical-boys-girls-club-land <p>Whirlpool Corp. is seeking additional testing for toxic chemicals in Fort Smith and the area Boys &amp; Girls Club based on new contamination findings.</p><p>The Southwest Times Record reports&nbsp;Whirlpool spokesman Jeff Noel told youth club directors Tuesday that the company is seeking permission to test for trichloroethylene. The chemical is linked to increased cancer risks.</p> Wed, 06 Aug 2014 11:24:17 +0000 Associated Press 27740 at http://ualrpublicradio.org Whirlpool Testing For Toxic Chemical On Boys & Girls Club Land Local Fast Food Workers Protest For Higher Wages http://ualrpublicradio.org/post/local-fast-food-workers-protest-higher-wages <p>After the general counsel for National Labor Relations Board <a href="http://www.nytimes.com/2014/07/30/business/nlrb-holds-mcdonalds-not-just-franchisees-liable-for-worker-treatment.html?_r=0" target="_blank">said this week</a> fast-food chain McDonald’s could be held liable along with its franchises for any labor violations, a demonstration was held outside one Little Rock restaurant on Friday.&nbsp;&nbsp;</p> Fri, 01 Aug 2014 22:14:11 +0000 Chris Hickey 27550 at http://ualrpublicradio.org Local Fast Food Workers Protest For Higher Wages Wood Pellet Manufacturer Locates In Monticello http://ualrpublicradio.org/post/wood-pellet-manufacturer-locates-monticello <p>Monticello will soon be the site of a facility specializing in the production of a dense, water resistant wood pellet, marketed as an alternative to coal fuel. The Houston, Texas-based Zilkha Biomass Energy will locate the first facility of its kind in the state, choosing an area known for its timber production and densely forested lands. The company says it will employ 52 people and invest 90 million dollars in the area, according to a news release.</p> Wed, 30 Jul 2014 22:13:36 +0000 Chris Hickey 27384 at http://ualrpublicradio.org Wood Pellet Manufacturer Locates In Monticello Tyson Foods Selling Mexico & Brazil Poultry Operations To Pilgrim's Pride http://ualrpublicradio.org/post/tyson-foods-selling-mexico-brazil-poultry-operations-pilgrims-pride <p>Tyson Foods says it will sell its poultry businesses in Mexico and Brazil for $575 million in cash to help pay debt tied to its acquisition of Hillshire Brands.</p><p>The company expects the sale to JBS' Pilgrim's Pride, which is based in Greeley, Colorado, to be completed by the end of the year.</p><p>Tyson's Mexico and Brazil operations employ more than 10,000 people combined.</p><p>Springdale, Arkansas-based Tyson says it still plans to expand its international operations, especially in Asia, but the businesses it plans to sell didn't have the scale to gain leading market positions.</p> Mon, 28 Jul 2014 17:19:27 +0000 Associated Press 27259 at http://ualrpublicradio.org Tyson Foods Selling Mexico & Brazil Poultry Operations To Pilgrim's Pride Wal-Mart CEO Of Domestic Operations To Resign Next Month http://ualrpublicradio.org/post/wal-mart-ceo-domestic-operations-resign-next-month <p></p><p><span style="line-height: 1.5;">The CEO of Wal-Mart’s domestic operations is stepping down. The Arkansas-based retailer announced Thursday that Bill Simon will resign August </span>8th<span style="line-height: 1.5;">. &nbsp;He's being replaced&nbsp;</span><span style="line-height: 1.5;">by Greg </span>Foran<span style="line-height: 1.5;">, who is head of the company’s Asia division. </span></p> Thu, 24 Jul 2014 15:53:22 +0000 Michael Hibblen 27068 at http://ualrpublicradio.org Wal-Mart CEO Of Domestic Operations To Resign Next Month Arkansas-Based Tyson Foods Moving Forward With Hillshire Deal http://ualrpublicradio.org/post/arkansas-based-tyson-foods-moving-forward-hillshire-deal <p></p><p>Tyson Foods Inc. has signed a definitive deal to purchase Hillshire Brands Co. for $7.75 billion, two days after the maker of Jimmy Dean sausages and Ball Park hot dogs was let out of its agreement to buy Pinnacle Foods.</p><p>Chicago-based Hillshire agreed to buy Pinnacle Foods Inc. for $4.23 billion in May. But then Tyson and Pilgrim's Pride got into a bidding war for Hillshire, with Hillshire accepting Tyson's $63 per share offer last month.</p> Wed, 02 Jul 2014 12:55:13 +0000 Associated Press 25803 at http://ualrpublicradio.org Arkansas-Based Tyson Foods Moving Forward With Hillshire Deal Ft. Smith Tops Economic Index Of Arkansas Cities http://ualrpublicradio.org/post/ft-smith-tops-economic-index-arkansas-cities <p>The city of Fort Smith is atop a latest ranking of the economic performance of Arkansas cities.</p><p><a href="http://www.atu.edu/atbi/" target="_blank">The Arkansas Tech Business Index</a> tracks retail sales, construction, the housing market and unemployment rates of 16 Arkansas cities.</p><p>Ft. Smith beat out Bentonville, which had been atop previous months’ rankings in business activity. Mark Fusaro is an economist with Arkansas Tech and compiles the business index. He says Ft. Smith’s retail sales have always been strong.</p> Mon, 23 Jun 2014 22:59:57 +0000 Nathan Vandiver 25303 at http://ualrpublicradio.org