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Thank you for stopping by the website. We are currently under construction, so please excuse the mess. In this future, this site will be a place to find local & national news stories that may directly impact your small business! This portion of the website is expected to be completed September 1st.

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10.19

» Mitsubishi to bring 400 jobs to Fort Chaffee

Mitsubishi Power Systems Americas has announced it will build a $100 million wind turbine manufacturing plant on 90 acres at Fort Chaffee that will employ up to 400 once fully operational. Ivy Owen, executive director of the Fort Chaffee Redevelopment Authority (left), and Fort Smith City Administrator Dennis Kelly share a laugh prior to the start of a press conference detailing the decision by Mitsubishi to build a plant at Fort Chaffee. Construction on the 200,000-square-foot building is set to begin in early 2011. The company issued a press release around noon on Friday (Oct. 16), and officials with the Fort Smith Regional Chamber of Commerce, city of Fort Smith, University of Arkansas at Fort Smith, Fort Chaffee Redevelopment Authority (FCRA) and the Arkansas Economic Development Commission gathered at 1 p.m. at the chamber for a press conference. “We are very excited to announce today the future MPSA Wind Turbine manufacturing site in Fort Smith, Arkansas,” Koji Hasegawa, president and CEO of MPSA, based in Lake Mary, Fla., said in the Mitsubishi statement “After an intensive site selection process conducted during the last fifteen months, we concluded that Fort Smith, Arkansas offers the most attractive site and community support for building and operating our wind turbine plant.”

Click to read more via The City Wire

Link posted at 9:47 AM (2 years ago) | Permalink

Tags: Mitsubishi, Mitsubishi Power Systems Americas, MPSA, Fort Smith, Ft. Smith, Arkansas, Business, Small Business, Business News, Fort Chaffee, Manufacturing, Wind Turbine, Energy, Green,


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10.19

» Whirlpool: Recall of 150 workers possible

A few laid off Whirlpool workers and, indirectly, the area economy may have a financially brighter holiday season. Whirlpool Corp. confirmed Friday the possible recall of up to 150 workers to support increased refrigerator production planned at its Fort Smith plant for at least the remainder of 2009. Sources have told The City Wire that up to 200 could be recalled, and that seven previously scheduled plant shutdown days around the Thanksgiving and Christmas holidays are now scheduled for production. Also, the sources said production is planned for seven Saturdays between Oct. 31 and Dec. 19. The only catch to the Whirlpool production increase is the ability of vendors to supply parts for the extra work. Suppliers to Whirlpool are not always able to bring back employees and ramp up production as fast as Whirlpool can generate the demand for parts.

Click to read more via The City Wire

Link posted at 9:32 AM (2 years ago) | Permalink

Tags: Arkansas, Business, Business News, Economy, Fort Smith, Ft. Smith, Jobs, Local, News, Small Business, Unemployment, Whirlpool, Manufacturing, Factory,


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08.29

FSM: Cap and trade bill will wreck U.S. economy

Former energy executive Claiborne Deming told a Friday lunch gathering of about 100 Fort Smith area business and civic leaders that the proposed federal cap and trade bill is “extraordinarily draconian,” will destroy the U.S. economy, and it was “hijacked” by environmental extremists in the Democrat Party. And those were the kind things he had to say.

The American Clean Energy and Security Act of 2009, commonly referred to the cap and trade bill and the Waxman-Markey bill, was approved by the U.S House of Representatives on June 26 on a 219-212 vote. U.S. Rep. Vic Snyder, D-Little Rock, was the only member of Arkansas’ delegation in the House to vote for the bill. It is now on the Senate calendar.

Among its numerous provisions, the proposed bill establishes a national energy production standard requiring 20% of retail electric sales to come from combined renewable energy and energy efficiency by 2020. The bill also establishes greenhouse cap and trade provisions that cover 85% of the overall economy, including electricity producers, oil refineries, natural gas suppliers, and energy-intensive industries like iron, steel, cement and paper manufacturers, according to the filing by Entergy Arkansas.

Read the full article at The City Wire

Posted at 2:49 PM (2 years ago) | Permalink

Tags: FSM, Cap and Trade, Cap and Tax, Energy, Green, Environment, Global Warming, Democrat, Republican, Freedom, Tax, Taxes, Arkansas, Fort Smith, Ft. Smith, Local, Claiborne Deming, Business, Businesses, Business News, News, Small Business, Small Business News,


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08.02

Whirlpool to slash 300 jobs

Whirlpool Corp. plans to cut as many as 50 salaried jobs by late August and about another 250 hourly positions in September at its Fort Smith plant. The factory manufactures side-by-side refrigerators and icemakers.

Company officials announced Thursday between 40 and 50 salaried jobs would be eliminated, Jill Saletta, Whirlpool spokeswoman, stated in an e-mail. Whirlpool will offer severance benefits and support service, including outplacement service to those employees.

“Yesterday’s announcement affects salaried positions only; however, we anticipate there will be an hourly layoff that will coincide with an anticipated schedule change in September, although no estimate of the number affected has been made yet,” she stated.

Read the full story via: Times Record

Posted at 10:26 AM (2 years ago) | Permalink

Tags: Fort Smith, Ft. Smith, Arkansas, Jobs, Jobless, Employment, Unemployment, Whirlpool, Whirlpool Corp., Job Cuts, Economy,


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07.29

FORT SMITH : Proposed rule bans signs along city streets

BY DAVE HUGHES

FORT SMITH - The city’s enforcement against signs in rights of way has been so lacking that many people believe the practice is legal, a staff member told city directors Tuesday. Wally Bailey, director of planning, presented a draft ordinance to city directors Tuesday that would for the most part ban placement of signs next to city streets. Signs for businesses, real estate, schools and special events have proliferated in city rights of way to the point they could be an eyesore and distraction to motorists, Bailey said.

Read the full article @ Arkansas Democrat Gazette

Posted at 9:14 AM (2 years ago) | Permalink

Tags: Fort Smith, Arkansas, City Ordinance, Signs, Ft. Smith, FSM,


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07.27

“ Questions continue about the possibility of Whirlpool Corp. losing its contract to manufacture refrigerators for Sears, with Whirlpool officials continuing to manufacture vague answers to the questions. In February, Whirlpool employees told The City Wire they were told the Sears contract was in jeopardy. During a Feb. 12 series of meetings at Whirlpool’s Fort Smith plant, Whirlpool managers, including plant chief Ken Thompson, told Fort Smith employees that 2009 marks the last year of the refrigerator contract with Sears. Whirlpool spokesman Jill Saletta said in February that Whirlpool would continue to produce products for Sears but refused to say if that would include refrigerators. Whirlpool makes several products for Sears in addition to refrigerators. Now comes David MacGregor, a research analyst at Independence, Ohio-based Longbow Research, who asked Whirlpool officials during a July 22 second-quarter earnings conference call about the Sears contract. “I wonder if I could just get you to address a point that you didn’t cover in the call, and that is the Sears relationship and what happens with Kenmore in 2010? That’s probably the issue on most investor’s minds these days and just wondering if you could give us some sense of magnitude with respect to earnings and revenue impact,” MacGregor asked in this transcript from Seeking Alpha. Michael Todman, the president of Whirlpool-North America, said the “relationship with Sears is strong” but that the company does not have a contract in place for 2010. „
Questions linger about Whirlpool, Sears relationship - The City Wire

Quote posted at 9:23 AM (2 years ago) | Permalink

Tags: Whirlpool, Fort Smith, Ft. Smith, Arkansas, Jobs, Sears,


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