News in brief

Little Rock airport sees gain in May passengers

A total of 197,424 passengers went through Bill and Hillary Clinton National Airport/Adams Field in May, a 4.34 percent increase over the same month a year ago and the highest total for the month in six years.

The increase represented 8,213 more passengers last month than the 189,211 passengers the state's largest airport reported in May 2017.

The total is the highest since May 2012 when 197,811 passengers went through the airport.

For the first five months of 2018, passenger traffic at Clinton National has increased 1.99 percent, to 810,787, compared with the same period last year when 794,992 passengers went through the airport.

Northwest Arkansas Regional Airport at Highfill reported 138,747 passengers in May, a 5.22 percent increase over the same month in 2017.

A total of 583,786 passengers went through the airport in the first five months of 2018, or 5.39 percent more than during the same period last year.

-- Noel Oman

Molex unit finishes its move to Conway

Molex, a subsidiary of Koch Industries, has completed the move of its design center from Maumelle to Conway, the Lisle, Ill., firm said Tuesday.

The new center at 1000 Southwestern Energy Drive employs more than 100 engineering and technical professionals to support demand for Molex's high-speed technology solutions used in data centers, cloud computing and 5G hardware applications. The new location will provide a modern work environment that will benefit employees, said Chad Jameson, general manager for Molex.

Molex has been in central Arkansas for more than 30 years and will continue to operate a manufacturing plant in Maumelle.

The center will serve as a primary innovation hub to support Molex's Data Center solutions. It will focus on product design and high-speed technology development. It also will include development labs.

-- David Smith

State index climbs 2.82, ends at 447.89

The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, climbed 2.82 to 447.89 Tuesday despite a poor day for U.S. stocks.

Total volume for the index was 22 million shares.

"More trade-war barbs between the U.S. and China continue to rattle investors, pushing U.S. stocks lower Tuesday along with bond yields and agricultural commodities," said Chris Harkins, managing director with Raymond James & Associates in Little Rock.

The index was developed by Bloomberg News and the Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.

Business on 06/20/2018

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