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Superior Industries to close Rogers plant, 500 jobs lost
story by Kim Souzaksouza@thecitywire.comSuperior Industries announced early Wednesday (July 30) that it would close its Rogers wheel manufacturing plant as “part of an initiative to reduce costs and...
View ArticleZilkha to build $90 million biomass pellet plant in Monticello
Zilkha Biomass Energy, a producer of biomass solutions to electric utility customers, today announced Wednesday (July 30) its plan to build a $90 million pellet production plant in Monticello, Ark.,...
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Number of employed continues to decline in the Fort Smith metro
A continued decline in the size of the workforce and the number of employed edged the Fort Smith metro jobless rate to 6.4% in June compared to 6.3% in May. The rate was lower than the 8.2% in June...
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Northwest Arkansas employed, labor market size down in June
The Northwest Arkansas jobless rate in June was the lowest metro rate in Arkansas, but declines continued in the size of the regional labor force and the number of employed.The June rate of 4.9% was...
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Superior Industries job losses painful even for NWA economy
story by Kim Souzaksouza@thecitywire.comThe seemingly unstoppable Northwest Arkansas economy was punched in the gut Wednesday (July 30) as Superior Industries announced the closure of its wheel making...
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Fayetteville, Fort Smith libraries push plans for ‘maker spaces’
story by Ryan Saylorrsaylor@thecitywire.comIt was just more than a month ago that Fort Smith business and civic leaders said a concept similar to North Little Rock's Arkansas Innovation Hub was needed...
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Attorneys McCutchen, Campbell join forces in new law firm
story by Ryan Saylorrsaylor@thecitywire.comTwo prominent attorneys who have been in the news in recent weeks and months due to their legal wrangling with the city of Fort Smith have joined forces to...
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Northwest Arkansas homebuilding pace tapers in June
story by Kim Souzaksouza@thecitywire.comThe local homebuilding pace appears to be stabilizing among the majority of the large cities in the two-county area. Commercial projects, including multifamily...
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Second quarter positive for ArcBest, first half 2014 revenue up 12.6%
Fort Smith-based ArcBest (formerly Arkansas Best Corp.) appears to be on its way to two consecutive years of positive financial results, with net income for the first six months of 2014 at $12.015...
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Second quarter income positive for USA Truck – finally
One positive quarter does not a turnaround make, but Van Buren-based USA Truck posted second quarter net income of $722,000, better than the $1.398 million loss in the same quarter of 2013 and the...
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Manufacturers' study: New EPA rules could cost Arkansas 10,000 jobs
story by Wesley Brownwesbrocomm@gmail.comA study released by the National Association of Manufacturers (NAM) on Thursday said the Environmental Protection Agency’s (EPA) new ozone standards could cause...
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Retailers, shoppers gear up for Arkansas’ tax free weekend
story by Kim Souzaksouza@thecitywire.comRetailers from Wal-Mart to local boutiques expect a busy weekend as Arkansas shoppers take advantage of the state-sponsored tax holidays beginning Aug. 2 and...
View ArticleBank of the Ozarks acquires Intervest Bancshares in $228.5 million deal
Bank of the Ozarks and Intervest Bancshares Corp. plan to merge in a deal worth $228.5 million.Intervest, the parent company of Intervest National Bank, operates seven offices — six in West Central...
View ArticleTyson Foods declares dividend for investors
The board of directors for Tyson Foods announced Thursday (July 31) plans to pay a cash dividend of 7.5 cents per share to its Class A investors and 6.75 cents per share to Class B shareholders — the...
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Superior Industries reports lower profits amid higher expenses
story by Kim Souzaksouza@thecitywire.comSuperior Industries disappointed Wall Street Thursday (July 31) as it missed earnings predictions for the second quarter and indicated a softer back half of...
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Van Buren loses ‘Rural Development’ status for home loan aid
story by Ryan Saylorrsaylor@thecitywire.comVan Buren's eligibility for the Rural Development loans appeared safe following passage of a new federal Farm Bill earlier this year, but the community was...
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Five Rivers to build new bulk warehouse at port of Van Buren
story by Ryan Saylorrsaylor@thecitywire.comThe port of Van Buren is expanding with the addition of a new 15,000-square-foot bulk storage building to be built by Five Rivers Distribution, according to...
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Sam’s Club will return with Springdale store in 2016
story by Kim Souzaksouza@thecitywire.comThe positive news keeps coming for Springdale, the city in the middle of the growing Northwest Arkansas region. Wal-Mart announced Friday (Aug. 1) plans to build...
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Local educators discuss collaboration with business community
story by Kim Souzaksouza@thecitywire.comThere is a strong link between economic opportunity and education, and even though Northwest Arkansas has several top-rated schools in the state and some of the...
View ArticleNanoMech hosts chief U.S. government scientist
The chief scientist for the U.S. Government Accountability Office (GAO) Dr. Timothy Persons met with NanoMech in Springdale on Friday (Aug. 1) and also toured the company’s Fayetteville laboratory on...
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