Agriculture Archive

Donnie Smith, Wife Pledge $3.2M to University of Tennessee Foundation

by Lance Turner 2/5/2014 02:57 pm

Donnie Smith, the CEO of Tyson Foods Inc. of Springdale, and his wife Terry are giving $3.2 million to the University of Tennessee Institute of Agriculture.

Jobless Rates Down in 3 of 6 Arkansas Metros

by Arkansas Business Staff 2/5/2014 10:28 am

Unemployment rates were down or steady in four of six Arkansas metropolitan areas surveyed by the U.S. Bureau of Labor Statistics, data released Wednesday by the agency revealed.

Allens' Auction Ends at $160M

by Mark Friedman 2/4/2014 02:20 pm

Sager Creek Acquisition Corp. was the high bidder Monday in an auction to buy Allens Inc. of Siloam Springs, according to a source close to the sale.

Duck Club New Feather in the Cap for Leland Tollett

by Arkansas Business Staff 2/3/2014 12:00 am

Leland Tollett, retired chairman and CEO of Tyson Foods Inc., completed his purchase of the Adolph Thomas Farm & Hunting Club for $10.86 million.

Tyson Profit Up 47 Percent; Chicken Demand in China Slows

by Lance Turner and Marty Cook 1/31/2014 01:31 pm

Tyson Foods Inc. of Springdale says quarterly earnings rose 47 percent, driven by record first-quarter sales in its chicken, beef and prepared food segments.

Mike Beebe Appoints 40 to Boards and Commissions

by Arkansas Business Staff 1/30/2014 08:40 am

Gov. Mike Beebe on Wednesday announced 40 appointments to various state boards and commissions.

Arkansas Jobless Rate Falls to 7.4 Percent

by Mark Carter 1/28/2014 09:12 am

The unemployment rate in Arkansas dropped one-tenth of a percentage point to 7.4 percent in December, according to the Arkansas Department of Workforce Services.

Allens' Losses Add Up

by Arkansas Business Staff 1/27/2014 12:00 am

Between October and the end of 2013, Allens Inc., the Siloam Springs cannery, lost $14.1 million.

Get Tickets Now for 26th Arkansas Business of the Year Awards Banquet

by Arkansas Business Staff 1/23/2014 10:41 am

Tickets are available now for the 26th Annual Arkansas Business of the Year Awards banquet, which honors the state's most outstanding businesses, nonprofit organizations and executives.

Another Tyson Foods Acquisition in the Works?

by Lance Turner 1/21/2014 02:34 pm

Reuters says Tyson Foods Inc. of Springdale is eyeing another major acquisition.

ASU Prepares for 20th Agribusiness Conference

by Arkansas Business Staff 1/21/2014 10:30 am

Arkansas State University is preparing for its 20th Agribusiness Conference, which this year includes presentations by Arkansas Secretary of Agriculture Butch Calhoun, agricultural economist David Kohl and J.B. Penn, chief economist for Deere and Co.

Tyson Foods Buys Bosco's Pizza of Michigan

by Jan Cottingham 1/20/2014 01:42 pm

Tyson Foods Inc. of Springdale has bought the assets of Bosco's Pizza Co. of Warren, Mich.

From Allens to Rogers Bancshares, Bankrupt Firms Still Entice Buyers

by Mark Friedman 1/20/2014 12:00 am

Businesses have been buying businesses out of bankruptcy for years and the trend should continue, said Michael Stewart, a partner in Faegre Baker Daniels LLP of Minneapolis, a 750-attorney law firm that focuses on financial restructuring services.

$100 Million-Plus Deals Dominate Biggest Deals of 2013 List

by Gwen Moritz 1/20/2014 12:00 am

The number of high-value mergers and acquisitions in Arkansas — those believed to be worth $9 million or more — dropped in 2013 to 73 compared with 80 in 2012. But the number of really high-value deals — those worth $100 million or more — jumped from 14 in 2012 to 26 in 2013.

Lawsuit Makes Splash Against Mountain Pure

by Arkansas Business Staff 1/20/2014 12:00 am

Georgia-Pacific Corrugated LLC of Atlanta, a supplier of cardboard packing material, has filed a civil lawsuit in Pulaski County Circuit Court alleging that Mountain Pure and its related entities, Mountain Pure MS LLC and Mountain Pure Texas LLC, haven't paid their bills.

Ducks Unlimited CEO to Speak at Rice Council, Rice Farmers Event

by Arkansas Business Staff 1/16/2014 11:27 am

The Arkansas Rice Council and Arkansas Rice Farmers will hold its annual meeting and trade show beginning at 9 a.m. Thursday Jan. 30 in at the Grand Prairie Center in Stuttgart.

House Designed by Frank Lloyd Wright Will Move to Crystal Bridges

by Arkansas Business Staff 1/15/2014 01:51 pm

Crystal Bridges Museum of American Art in Bentonville has acquired a Frank Lloyd Wright Usonian house, known as the Bachman Wilson House, in Somerset County, N.J. The museum will move the house to Bentonville.

Retail, Transport Among Central Arkansas' Strengths in Economic Recovery

by Arkansas Business Staff 1/13/2014 12:00 am

Metroplan recently released its latest “Metro Trends: Economic Review and Outlook” report, in which the agency examines the region's rate of economic recovery four years after the official end of the Great Recession in June 2009.

In Bankruptcy, Allens Retains GA Keen Realty Advisors to Sell Property

by Arkansas Business Staff 1/9/2014 03:05 pm

Allens Inc. of Siloam Springs retains GA Keen Realty Advisors to market and sell excess, "non-core" industrial properties, vacant land and a home in Arkansas, Louisiana, Mississippi and Oklahoma.

Tyson Foods Asks Hog Farmers to Make Animal Welfare Adjustments

by Lance Turner 1/9/2014 11:26 am

Tyson Foods Inc. of Springdale said Thursday that it has asked its hog farmers to adopt new methods of raising, monitoring and euthanizing animals and said it would increase supplier inspections in 2014.