Arkansas Business: Early slide on U.S. manufacturing report

LITTLE ROCK, Ark. (Arkansas Business) -- Stocks erased an early slide after a report on U.S. manufacturing was revised higher. The Institute for Supply Management said Monday that manufacturing in the U.S. grew at a brisk pace last month correcting an earlier report that growth had slowed.

The ISM issuing not one but two corrections to its monthly manufacturing report, snowing its monthly manufacturing index in line with what economists were expecting.

That report is closely watched by investors.

Environmental Protection Agency's new plans

Arkansas legislators and energy industry executives reacted to the Environmental Protection Agency's new plans to cut carbon dioxide emissions from power plants by nearly a third over the next 15 years.

The 645-page rule, expected to be finalized next year, is a centerpiece of President Obama's plans to tackle climate change.

Members of Arkansas' congressional delegation including Mark Pryor, Tom Cotton and Tim Griffin each issuing statements saying the plan threatens jobs and could make electricity more expensive.

The Electric Cooperatives of Arkansas also weighed in, it said the plan will reduce its use of coal, which it called its most economical and reliable fuel to generate electricity.

Southwind Milling Co. to build new rice mill

Southwind Milling Co. says it will build a rice mill at the Port of Pine Bluff. The plant, which will employ 25 people, will be running by February.

Executives behind the mill say the plant will be built on property the company purchased in 2013 from the Pine Bluff-Jefferson County Port Authority.

The company says it will wants to expand the port operation in the "near future," doubling the mill capacity and adding a rice flourmill.

LR Whole Foods market getting a new home

The Little Rock Whole Foods Market is getting a new Little Rock home next year.

The high-end grocery store on North Rodney Parham Road plans to move into the former Linens N Things store on South Bowman Road near Best Buy.

A manager at the Little Rock Whole Foods said the store's current location doesn't provide enough space for shoppers.

And exact date for the move hasn't been announced.


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