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Last updated on Friday, March 22, 2013, 10:58 am
$4 Million Metal Processing Facility Coming to Chaffee Crossing
Phoenix Metals Co. of Atlanta announced on Thursday plans to build a $4 million metal processing center and warehouse on 11 acres at Chaffee Crossing in Fort Smith. The company is intends to invest $8 million in new equipment for the facilities, according to a news release. The announcement means the creation of as many as 40 new jobs over the next three years with average wages of $15 per hour. "Phoenix Metals has been looking to add a service center somewhere along the I-40 corridor from Russellville to Tulsa to take care of our customers in that region," PMC branch manager Don Gray said in the release. "The Chaffee Crossing development and the Fort Smith Regional Chamber of Commerce sold us on the Fort Smith area." Fort Smith Chamber president Tim Allen called PMC's decision "a testament... [ MORE ]-
AERT Receives $15 Million in Funding
AloStar Business Credit has given the Springdale-based manufacturer an $8 million line of credit and $7 million term loan. [ MORE ] -
Duck Deal Helping Infinity Take Flight
Popular reality series a boon for local manufacturer. [ MORE ] -
BioBased Bought by Rhino Linings Corp.
Alliance should allow Springdale firm to focus on renewable and sustainable products for the chemical industry. [ MORE ] -
Pump Firm with Local Office Acquires Nashville Company
Tencarva Machinery Co. recently bought the assets of Southern Sales Co. [ MORE ] -
NanoMech Raises $2M According to Filing
Investment being offered was listed as equity. [ MORE ] -
Rheem to Lay Off Nearly 100 Workers in Fort Smith
The company said the layoffs, effective Jan. 11, are due to "seasonal adjustments in volume." [ MORE ] -
Walther Arms Locates in Fort Smith, Umarex USA Expands Operations
Companies will invest more than $7 million over five years. [ MORE ] -
Daisy Going Hog Wild With New Red Ryder Gun Offering
The Daisy Red Ryder Carbine will feature a laser engraved Arkansas Razorback on the left side of the wooden stock. [ MORE ] -
UA Team Wins Prestigious Supply Chain Competition
Department chair deems victory the equivalent of "the BCS championship in football." [ MORE ] - See more Manufacturing stories >
