LITTLE ROCK — Aircraft cabinet firm to move to Sherwood
Custom Aircraft Cabinets Inc. is moving from North Little Rock to Sherwood and will create new jobs in the process.
Sherry Brewer, the office manager for the aircraft interior cabinet construction company, said she wasn’t sure yet how many jobs would be created. The company will leave its old facility July 20, but it will not move into the former National Home Center until November.
“We’ve been hiring up until this point. Now we’ve filled this building, and we can’t get any more in,” Brewer said. “We hope to hire quite a few when we get into the [new] building.”
Custom Aircraft Cabinets currently employs about 135 people, she said.
The company refurbishes, upholsters and constructs aircraft cabinets and interiors for aircraft manufacturers such as Hawker Beechcraft and Dassault Falcon Jet.
Association releases energy-usage ideas
To help generate conversation about developing an energy policy for the state, the Arkansas Advanced Energy Association has released recommendations for expanding alternative fuel usage and increasing energy efficiency.
The association, founded last year, includes energy industry manufacturers, entrepreneurs and researchers who promote energy development and technologies in the state. Members met Thursday at the Cox Creative Center of the Central Arkansas Library System in Little Rock with others in the energy industry to discuss the recommendations.
The association’s goal is for lawmakers to use the recommendations to form an energy plan for Arkansas.
“If we can get some of these adopted in the future we will consider that a big win,” said Steve Patterson, the executive director.
The recommendations focus on alternative fuel options, use of renewable energy, and research in the field. The association also proposed a Clean Energy Standard for the state that includes a program to give monetary assistance for in-state solar, wind and biomass electrical production.
Arkansas Index rises as 7 stocks advance
The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, was up 1.01 to 221.71 on Thursday.
Seven stocks advanced and nine declined.
First Federal Bancshares in Harrison jumped 9.1 percent on four times its average volume.
Deltic Timber fell 1.4 percent in light trading.
Home BancShares traded at a 52-week high of $30.26 before closing at $30.24, up 1.3 percent.
Windstream traded within 6 cents of its 52-week low.
Volume was 27.8 million shares, compared with average daily volume of 28.1 million shares.
The index was developed by Bloomberg News and the Arkansas Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.
Business, Pages 29 on 06/29/2012