Arkansas Economy

Manufacturing
8:18 am
Thu August 8, 2013

Remington To Break Ground On Arkansas Plant Expansion

Boxes of Ammunition
Credit Judd McCullum / flickr.com

Remington Arms Company is breaking ground on a $32 million expansion of its ammunition plant in Arkansas.

Gov. Mike Beebe, U.S. Sen. Mark Pryor and other officials were expected to be on hand Thursday for the expansion of the ammunition plant in Lonoke. Remington announced in May it would expand the facility, which was established in 1969.

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Local & Regional News
3:12 pm
Mon August 5, 2013

Delta Region Awarded Grant To Improve Healthcare

The Delta Region has been awarded $6.2 million to fund projects to promote healthy living in the workplace.

The Delta Regional Authority and Health Resources Services Administration awarded the funds through their Delta States Rural Development Grant Program to multiple counties in Alabama, Arkansas, Illinois, Louisiana, and Mississippi.

Authority Co-Chairman Christopher Masingill says a healthy workforce is vital to the strength of the Delta Region.

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Local & Regional News
8:19 am
Thu August 1, 2013

Arkansas Experts Seek Quick End To China Chicken Ban

Poultry experts hope China will quickly lift restrictions put in place after nine Arkansas chickens were exposed to a strain of avian flu.

The U.S. Department of Agriculture told Arkansas' congressional delegation that China had stopped importing Arkansas chicken parts. Nine birds in Scott County were exposed to a non-pathogenic strain of avian flu during floods in June.

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Local & Regional News
6:00 am
Wed July 31, 2013

The Cost Of Solar Energy In Arkansas

Credit Maggie Carroll/KUAR News

The South is starting to use more solar energy to power businesses and households. Texas led a 2012 spike in purchases of solar energy by ordering over 12 percent of the country's solar wattage, something until recently, almost exclusively done by the east and west coasts. 

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Employment
6:12 pm
Tue July 30, 2013

Entergy To Lay Off 165 Arkansas Workers

Entergy says it will be laying off about 800 workers in several states, including about 165 workers in Arkansas. Entergy currently employs about 3,000 workers in the state.

Entergy Arkansas Spokeswoman Sally Graham says some of those layoffs will occur at their Arkansas Nuclear One plant in Russellville and all the local layoffs will be made by the end of the year.

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Local & Regional News
5:41 pm
Tue July 30, 2013

Meeting To Discuss Native American Artifacts Found At Location For Steel Mill

Grant Tennille speaking Tuesday in North Little Rock.
Credit Michael Hibblen/ KUAR News

Arkansas Economic Development Director Grant Tennille, the state archeologist and other officials will be meeting Wednesday with representatives of the Quapaw Tribe.

They’re hoping to reach an agreement about preserving Native American artifacts, discovered near where the proposed Big River Steel mill is to be built in Osceola.

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Local & Regional News
5:42 am
Mon July 29, 2013

Arkansas 2013 Sales Tax Holiday Set For Aug. 3-4

This year's back-to-school sales tax holiday in Arkansas is set for the first weekend in August, allowing consumers to save on clothing and school supplies.

Purchases made on Aug. 3-4 won't be subject to the state sales tax of 6.5 percent and will also be exempt from local sales taxes.

The exemption applies to clothing and footwear priced at less than $100, clothing accessories and equipment that costs less than $50 and various school supplies.

Local & Regional News
1:49 pm
Wed July 24, 2013

Pryor: Arkansas Banks Increase Earnings As National Economy Improves

Senator Mark Pryor
Credit pryor.senate.gov

Senator Mark Pryor says he's encouraged by economic growth in the U.S. and Arkansas.

He says Arkansas’ auto registrations are up 14 percent. He says some local banks are also showing increases in earnings.

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Local & Regional News
4:57 pm
Mon July 22, 2013

What Report Says About Growth, Employment, And Housing in Central Arkansas

The regional planning agency Metroplan is releasing its 2013 report on demographics and employment in Central Arkansas.

Research planner Jonathan Lupton notes population estimates show the region is still growing on trend - a little faster than the state and national average.

The report shows the region’s fastest growth is in Faulkner and Saline Counties, fed mainly by in-migration rather than natural increase. 

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Economic Development Incentives
6:55 pm
Wed July 10, 2013

Economic Development Director Says HP Will Return Some Of Incentives Package

Grant Tennille
Credit Mike Pirnique/ Arkansas Business

State Economic Development officials say Hewlett Packard no longer fulfills a benchmark that allows them to receive the same incentives established when its Conway facility opened in 2010.

Grant Tennille, director of the Arkansas Department of Economic Development, told KUAR News that after laying off 500 employees, HP no longer has the 1,000 workers at its service center which was a requirement for the computer company to receive its full-incentive package from the state.

He said the state will work with HP to determine how much money needs to be returned.

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