Business Briefs for February 5, 2007

by Arkansas Business Staff  on Monday, Feb. 5, 2007 12:00 am  

• Camaco LLC of Novi, Mich., an auto-parts maker, is closing its plant at Marianna, putting 91 employees out of work. Camaco makes metal seat and wire frames, brackets and reinforcements for vehicle-interior systems suppliers at the 188,000-SF plant.
• Paul Suskie, city attorney for North Little Rock since 2000, has been named to the Arkansas Public Service Commission by Gov. Mike Beebe. He replaces Commissioner Randy Bynum, whose term expired this year.
• Teresa Marks, deputy attorney general for public protection under Mike Beebe, was named to replace Marcus Devine as the new director of the Arkansas Department of Environ-mental Quality. In 2003, Marks helped negotiate an agreement among Arkansas, Oklahoma and the Environmental Protection Agency to reduce phosphorus levels in waterways in northwest Arkansas.
• U.S. District Judge Eldon Fallon has approved a $330 million settlement between Murphy Oil Corp. and thousands of St. Bernard Parish homeowners over an oil spill that occurred when Hurricane Katrina hit in August 2005. Fallon called the settlement "fair, reasonable and adequate." Murphy will also have to pay more than $36 million in attorney fees and costs.
• Advanced Environmental Recycling Technologies Inc. of Springdale will be awarded the Society of Plastics Engineers' 2007 Plastics Recycling Award this March at Orlando, Fla. AERT says it is upgrading its recycling technologies and using more plastic waste stream products in its manufacturing process.
• FedEx Corp. of Memphis said its FedEx Express unit had completed its acquisition of its Indian service provider, Prakash Air Freight Pvt. Ltd., a privately held company that is one of the largest domestic express companies operating in India.
• The Arkansas Foodbank Network distributed more than 8 million pounds of food and grocery products to its member agencies for Arkansans in need in 2006, according to Execu-tive Director Phyllis Haynes. The organization, which procures and distributes food to more than 400 hunger relief organizations in central and southern Arkansas, increased distribution 30 percent from 2005.
n Federal and state officials will spend $9.4 million to enroll up to 6,250 acres of land in northeast Arkansas in a program to restore hardwood forests, boost animal populations, improve water quality and sequester carbon. The Arkansas land reserve will come from the Cache River/Bayou De-View watersheds in Monroe, Prairie and Woodruff counties.
• Clefton Vaughan, vice president, treasurer and chief financial officer of Deltic Timber Corp., will retire May 1. Vaughan, 65, has been a member of Deltic's executive management since 1996, the year Deltic became publicly traded. Kenneth Mann, currently Deltic's controller, will succeed Vaughan in his position. Mann, 48, has been with Deltic since 1991.
• The Arkansas Division of Medical Services has awarded LogistiCare of Atlanta a contract to manage the state's Medicaid non-emergency medical transportation (NEMT) program for three regions. Beginning Feb. 1, LogistiCare will manage the northwest, north-central and the central parts of the state. The contract is worth $10.5 million to LogistiCare and is structured as a one-year deal with six one-year renewal options. LogistiCare will operate a call center at Little Rock.
• Rep. John Boozman, R-Ark., has been named the ranking Republican leader of the House Veteran Affairs Committee's subcommittee on economic opportunity. When the GOP was in control of the House, Booz-man was chairman of the subcommittee.
• Gentiva Cardiopulmonary, which specializes in home therapies for heart and lung patients, will hold an open house from 11:30 a.m. to 4:30 p.m. on Feb. 6. The office is at 203 Executive Court, Suite 100, Little Rock.
• Baptist Health Rehabilitation Institute has been named a 2006 Summit Award Winner by Press Ganey Associates. The award recognizes top-performing facilities that maintain the highest level of customer satisfaction for three or more consecutive years. BHRI's outpatient and satellite therapy centers under the Outpatient Services Department have maintained a 95 percentile or higher on their patient satisfaction surveys for the past consecutive six years.

 

 

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