Agriculture Archive

No Daily Report, E-newsletters on Friday

by Arkansas Business Staff 7/3/2014 10:01 am

Arkansas Business will not send the Daily Report or weekly industry e-newsletters on Friday, the Fourth of July. Arkansas Business Publishing Group offices will be closed Friday as well, reopening on Monday. ABPG wishes everyone a happy Fourth.

Tyson Foods Moving Forward with Hillshire Deal

by Marty Cook 7/2/2014 09:34 am

Tyson Foods Inc. of Springdale announced Wednesday it had signed a definitive deal to purchase Hillshire Brands Co. of Chicago for approximately $8.55 billion.

NLR Acreage Acquisition Approaches $2.7 Million (Real Deals)

by George Waldon 6/30/2014 12:00 am

More than 420 acres on the eastern edge of North Little Rock changed hands in a transaction valued at $2.69 million. The sale of two Citgo convenience stores added up to a $1.4 million combo deal. And a 7,460-SF industrial project in North Little Rock changed hands in a $450,000 sale.

Revised Figures Show Improved Rate for Arkansas Growth

by Arkansas Business Staff 6/30/2014 12:00 am

A government report earlier this month on gross domestic product included revised figures that affected data on Arkansas' growth rate back to 1997, according to Michael Pakko, the state economic forecaster.

Ending Hunger Will Require Compromise (Jo Luck Commentary)

by Jo Luck 6/30/2014 12:00 am

After more than two decades working alongside sustainable development experts at Heifer International, I am confident that world hunger can be eliminated with the appropriate approach and collaboration.

Burgundy Book: Slight Economic Improvement in Arkansas

by Mark Carter 6/24/2014 09:07 am

According to a May survey of business leaders in the state, the near-term outlook for the Little Rock zone improved slightly.

GDP in U.S. Grows 1.8% in 2013, Arkansas Sees 2.4% Rise

by Arkansas Business Staff 6/23/2014 12:00 am

Real gross domestic product grew 1.8 percent in the United States last year, a slowdown when compared with 2012, when GDP rose 2.5 percent.

Arkansas Business Presents the 40 Under Forty Class of 2014

by Gwen Moritz 6/23/2014 12:00 am

This week, Arkansas Business presents its 21st class of 40 Under 40 honorees. This year's honorees represent our state's geography — Pine Bluff, England, Jonesboro, Conway, Fort Smith, Rogers — and the diversity of our business community — farming, finance, medicine, academia, nonprofits.

Pay Tops $1 Million For Seven on Highest-paid Nonprofit Employees List

by Gwen Moritz 6/16/2014 12:00 am

Seven nonprofit employees in Arkansas who earned more than $1 million in the 2012 tax year are either medical doctors or hospital administrators, as are the vast majority of the 262 nonprofit employees whose compensation exceeding $215,000 is reported in this issue.

Jerry Bullard Named CEO of First Financial Bank of El Dorado

by Arkansas Business Staff 6/12/2014 10:03 am

Jerry Bullard, COO of First Financial Bank of El Dorado, has succeeded Steve Cameron as CEO of the lender, the bank said Thursday.

Tyson Foods Would Boost Prepared Foods in $8.5B Hillshire Deal

by Lance Turner 6/9/2014 11:32 am

Meat producer Tyson Foods Inc. has won a bidding war for Hillshire Brands, the maker of Jimmy Dean sausages and Ball Park hot dogs, with a $63 per share offer. Both Tyson and Pilgrim's Pride had been bidding of Hillshire. Pilgrim's Pride says it is withdrawing its offer.

Southwind Milling Co. to Build Rice Mill at Pine Bluff Port

by Arkansas Business Staff 6/2/2014 01:48 pm

Optimum Group says it will build a rice mill at 4215 Emmett Sanders Road at the Port of Pine Bluff. The plant, which will employ 25, will be running by February.

Oaklawn's Eric Jackson Sees Hot Springs Tourism Staying on Track

by Arkansas Business Staff 6/2/2014 12:00 am

Eric Jackson has worked in an administrative capacity at Oaklawn since 1978. In the 1980s, he helped develop the park's interstate full-card simulcasting with merged pool wagering system. Simulcasting of this type now accounts for 80 percent of wagering placed on horse racing in North America. He became Oaklawn's general manager in 1987 and has served on Oaklawn's board of directors since 1994.

Simmons Foods Sees Revenue Increase in 2013

by Arkansas Business Staff 6/2/2014 12:00 am

CEO Todd Simmons believes 2014 should show more of the same. Simmons said the private company is showing strong growth in the first half of this year.

Update: Tyson Foods Wants to Buy Hillshire Brands In $6.8B Deal

by Lance Turner and Marty Cook 5/29/2014 11:44 am

Tyson Foods Inc. of Springdale proposes the biggest acquisiton in its history, offering to purchase Hillshire Brands for $50 per share, or about $6.8 billion. The offer comes as Hillshire weighs another merger proposal by Pilgrim's Pride and the purchase of Pinnacle Foods.

Four Join List of 75 Largest Private Companies in Arkansas

by Gwen Moritz 5/26/2014 12:00 am

The 75 largest private companies in Arkansas generated total revenue — self-reported and estimated — of $31.15 billion in their most recent fiscal years, and the price of entry to the list was $88.8 million.

Little Rock's Replacement Parts Inc. Bumping Century Mark

by George Waldon 5/26/2014 12:00 am

Replacement Parts Inc. of Little Rock has gone about its business quietly growing into a regional concern. The venture's wholesale and retail subsidiaries generated combined revenue of $215 million in 2013, its 94th year of operations.

Producers Rice Finds Its Own Niche

by Luke Jones 5/26/2014 12:00 am

Since Producers began in Stuttgart, it's expanded to 11 locations throughout eastern Arkansas and western Mississippi. It manufactures milled rice, parboiled rice, brown rice, instant rice and rice flour.

Agricultural Firms Note Strong Growth

by Arkansas Business Staff 5/26/2014 12:00 am

Most large private agricultural enterprises in Arkansas posted double-digit growth last year, and the chiefs of at least two of those companies expressed cautious optimism that the worst of the recession is behind them.

Your Brain on Lists (Editorial)

by Arkansas Business Editors 5/26/2014 12:00 am

There is something in the human brain that likes to see data organized in lists. In our newsroom, we know that our weekly lists are primarily used for sales leads — that's a service to our audience that we are happy to perform.