Arkansas Economy

Aircraft cabinets
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A Sherwood-based company that makes furnishings for airplanes on Wednesday opened a new facility.

It is also expanding its workforce, creating 150 additional jobs.

KUAR’s Kezia Nanda was at the grand opening. You can listen to her report above.

A large crowd was on hand as Custom Aircraft Cabinets opened the new facility on Landers Road, the building which had previously housed a National Home Center.

Mike Gueringer co-founded the company, which makes cabinetry and upholstery for aircraft, 24 years ago in North Little Rock.

Michael Hibblen

A major new employer will be coming to east Arkansas IF the legislature approves start-up funding for the project.

Governor Mike Beebe announced Tuesday that a much talked about super-project involves a steel mill in Osceola.

"It is a $1.1 billion investment.  It is 525 direct, immediate jobs with an average salary of $75,000 a piece," Gov. Beebe said to applause in a packed conference room at the Capitol.

About 2,000 temporary construction jobs would also be created as the mill is being built.

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With taxpayers to soon be getting their annual tax statements, officials say there are several things to keep in mind. 

Mark Steber, the chief tax officer of Jackson Hewitt tax service, said, “The smart best practice is start early. Collect those documents that will be coming in the next few weeks, find yourself a preparer that you’re comfortable with… There’s no real reason to wait.”

Despite various opinions on the deal to avert the fiscal cliff, Steber says this is a good year for taxpayers. 

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