News
Oaklawn Racing and Gaming today announced plans to build an expansion project in excess of $100 million that includes the construction of a high-rise hotel, multi-purpose event center, a larger gaming area, and additional on-site parking. The project is one of the largest hospitality investments in the history of Arkansas. Click here to read the story.
HOT SPRINGS, AR. AUGUST 20, 2018 – Veranda Luxury Pontoons announces the purchase of a 377,000 square-foot manufacturing facility, formerly General Cable plant in Hot Spring County, AR. Veranda Luxury Pontoons is a 12-year-old company built on an innovative, patented interlocking deck system that creates the finest platform for luxury and performance pontoons in the…
Triumph Airborne Structures announced it plans to hire 40 new employees after being awarded repair and maintenance contracts with a U.S. airline operator and for an unspecified military cargo aircraft. They recently held a job fair to recruit mechanically skilled aerospace employees. Triumph Airborne Structures employs about 225 people at its Hot Springs facility and…
(Hot Springs, AR) June 11, 2018 – The Hot Springs Metro Partnership announced the addition of Michelle Ratcliff as economic development manager.In this role, she will work primarily with existing businesses and industry to maintain a database of pertinent information that can facilitate assistance in helping Hot Springs region employers in achieving their growth goals.…
Chamber Celebrates 100th Business to Open in Downtown Hot Springs since the 2014 Majestic Hotel Fire
(Hot Springs, AR) May 3, 2018 – On Thursday, the Greater Hot Springs Chamber of Commerce celebrated the 100th new business to open in downtown Hot Springs since the 2014 Majestic Hotel fire with a special ribbon cutting at Vault, the highly anticipated new downtown restaurant. “One hundred new businesses opening in four years is…
(Hot Springs, AR) March, 12, 2018 – The Hot Springs Metro Partnership is taking a new entrepreneurship development approach to economic development in addition to helping businesses expand in the region and attracting new ones. Thermal Fusion, a new business incubator, is designed to inspire a new generation of entrepreneurs and is the first stage…
HOT SPRINGS, Arkansas (January 9, 2018) – To continue to support its rapid growth, Timber Automation is investing more than $3.5M in new customer support, engineering and manufacturing jobs as well as capital equipment at its 145,000 square foot facility in Hot Springs.“We’re fortunate to be in a position where one of our biggest challenges…
Jim Fram has been appointed to the Accredited Economic Development Organization Advisory Committee by the International Economic Development Council (IEDC). Fram, who transitioned from President and CEO of the Hot Springs Metro Partnership to Special Project Manager is remaining with Partnership staff through the end of 2017. “I am honored with this appointment as it…
MOUNTAIN PINE, Arkansas (September 27, 2017) – Morfe Manufacturing Company today announced it is expanding its facility in Mountain Pine, Arkansas (Garland County). As part of the expansion, the company will invest approximately $3.8 million in the facility and create 123 new jobs. “It’s great to be home,” said Morgan Wiles, co-owner and CEO of Morfe…
The Hot Springs Metro Partnership will join the International Economic Development Council to celebrate National Economic Development Week May 8-13, 2017.“The celebration this week is an opportunity to recognize those professional economic developers and their partners with the city, the county and the state who work diligently to help businesses bring new jobs and new…