Agriculture

Tyson CEO Donnie Smith: Hillshire Opens Door to More Growth
Donnie Smith

Tyson CEO Donnie Smith: Hillshire Opens Door to More Growth

Donnie Smith, CEO and president of Tyson Foods Inc. of Springdale, said Wednesday that it's an exciting time to be in the food business, especially as the company moves forward after its $8.55 billion acquisition of Hillshire Brands Inc. of Chicago.
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Tyson Family Stock Nears $3 Billion; Waltons No. 1 On Top Stockholders List

The second-wealthiest family in northwest Arkansas, the Tysons, saw their stock holdings increase by nearly $1 billion over the past year — an increase of more than 40 percent.
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Corps Repairs Causing Barge Delays on Mississippi River

The U.S. Army Corps of Engineers says delays of barge traffic have run about 10 hours since the Corps began closing a three-mile stretch of the Mississippi River from dawn to dusk to reinforce a section of river bank between Memphis, Tennessee and Greenville, Mississippi.
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UAPB, UA Receive $2.2M in Grants

The University of Arkansas at Pine Bluff and the flagship institution of the UA System, the University of Arkansas at Fayetteville, have received a combined $2.2 million in grant funding this week.
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DRA Investing $3.7M in Delta Projects

The DRA estimates the eight Arkansas investments can help create and retain 1,050 local jobs for local residents. The projects include water and sewer improvements for the Big River Steel project in Osceola. read more >

Tyson Foods Posts Record Quarterly Sales

Tyson Foods Inc. of Springdale reports a 47 percent decline in quarterly net income on record sales of $10.1 billion as the meat processor continues to integrate the biggest acquisition of its history, Hillshire Brands Inc. of Chicago. read more >

Johnelle Hunt on Shifting Gears After Trucking To Reach Pinnacle

Arkansas Business talks with Johnelle Hunt, who, along with her late husband, J.B., founded J.B. Hunt Transport Services of Lowell. read more >

Cameron Smith & Associates' Mission To Put More Women in Public Company Boardrooms

Diversity on corporate boards has been an issue for years. Most companies recognize that having directors from varied backgrounds isn't simply a theoretical matter of equity; it's a matter of performance. Cameron Smith wants to use the contacts built up over 20 years of helping to put women on corporate boards. And women — particularly in Arkansas — could use his help. read more >

Brad Phelps Named Associate General Counsel for Arkansas State University System (Movers & Shakers)

Brad Phelps, formerly chief deputy attorney general for the state of Arkansas, has been named associate general counsel of the Arkansas State University System. read more >

Barbara Goswick, Don Smith Top List of CFO of the Year Honorees

Arkansas accounting professionals took an unaccustomed turn at center stage last Wednesday at the Arkansas Business CFO of the Year Awards luncheon at the Embassy Suites in west Little Rock. read more >

Agriculture Agencies Distributing Draft Grain Buyer Legislation

State agriculture agencies are floating draft legislation that would require grain buyers to be licensed in the state before conducting business. read more >

Report: Midwest Economic Index Drops Again

A monthly economic survey index for nine Midwestern and Plains has dropped again. Creighton University economist Ernie Goss oversees the survey, and he says sharp declines in grain and crude oil prices drove down the overall index for the month. He says the index figure points to slow economic gains ahead. read more >

Anthony Puts Heat on Insurance Company After Sawmill Fire

Anthony Forest Products Co. is hauling its insurance carrier into court for allegedly failing to pay off a claim for a 2013 fire that caused $5.6 million in damage. read more >

Ag-Pro Deal Raises Number of Greenway Dealerships to 28

The sale of a string of seven Arkansas John Deere dealerships in September bumps the dealership total to 28 for Greenway Equipment Inc., which also owns five John Deere projects in southeast Missouri. read more >

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