Business Services Archive

UPDATE: Canadian Firm Buys Two Arkansas Lumber Companies

by Jan Cottingham 4/4/2014 10:55 am

Canadian firm West Fraser Timber has bought two Arkansas sawmill and lumber manufacturing operations: Travis Lumber Co. of Mansfield and Bibler Brothers Lumber of Russellville.

Murphy Oil Considers Closing UK Refinery

by Luke Jones 4/4/2014 10:52 am

Murphy Oil Corp. of El Dorado has announced that it was "entering into a period of consultation" regarding the future of its crude oil refinery in Milford Haven, Wales, implying that the refinery may cease operation following the failure of Murphy to sell it.

Video: High School Startup Weekend Kicks Off in LR

by Mark Carter 4/4/2014 09:04 am

The first-ever High School Startup Weekend will be held Friday through Sunday from the University of Arkansas Clinton School of Public Service in Little Rock.

US Employers Add 192k Jobs; Rate Stays at 6.7 Percent

by Associated Press 4/4/2014 08:50 am

U.S. employers added jobs at a solid pace in March and hired more in January and February than previously thought. Friday's government report sent a reassuring signal that the economy withstood a harsh winter that had slowed growth.

Arkansas Tech Introduces Business Index

by Lee Hogan 4/2/2014 12:47 pm

On Wednesday, the Arkansas Tech University's College of Business launched a business index hoped to provide a snapshot of economic activity throughout the state.

PPGMR Law Opens El Dorado Office

by Lee Hogan 4/1/2014 11:46 am

Perkins Peiserich Greathouse Morgan Rankin (PPGMR) Law PLLC has announced a partnership with Brian Ratcliff of Shackleford Phillips & Ratcliff to open an El Dorado office.

Dillard's Signs Credit Card Agreement With Wells Fargo

by Mark Friedman 4/1/2014 09:58 am

Dillard's Inc. of Little Rock says that Wells Fargo & Co. will handle the publicly traded department store chain's credit cards.

UA Receives $7.8M for College of Engineering

by Mark Carter 3/31/2014 09:32 am

The University of Arkansas announces an estate gift valued at more than $7.8 million to its College of Engineering from alumnus Robert H. Biggadike.

NanoMech Starts Work on New $10M Headquarters

by Mark Carter 3/31/2014 09:00 am

The new building, expected to be complete by September, will adjoin the company's existing facility on a recently expanded 9-acre corporate campus. An initial production facility will be ready by July, the company said.

Flashbacks of Arkansas Business' First 30 Years (Editor's Note)

by Gwen Moritz 3/31/2014 12:00 am

To celebrate Arkansas Business' 30th anniversary, the staff decided to pull out and reprint some of the stories that we felt were the most important, the most interesting and the most fun. Arkansas Business is still reporting on the state economic scene with business executives as its readership, sticking to its mission of providing the revealing, memorable and important business news available in Arkansas.

George Gleason II: The Wizard of Ozark Bankshares

by George Waldon 3/31/2014 12:00 am

When a restless George Gleason II turned his energies from securities law at the Rose Law Firm toward banking, he also met the familiar face of success. Working with business veteran Carl Holt and a young staff, he built the Bank of Ozark with 35 employees and total assets of $28 million into today's Ozark Bankshares Inc., with more than 100 employees and assets totaling $150 million.

Sam's Show: The Spectacle of Wal-Mart's 1988 Shareholders' Meeting

by George Waldon 3/31/2014 12:00 am

Standing here in northwest Arkansas amid the appreciative gathering with sky blue “What's Important Is You” banners hanging from the rafters and scoreboard, the messes is clear: God, America, Wal-Mart. Welcome to the pageantry and spectacle of Sam Walton's capitalism rally — the 1988 Wal-Mart Shareholders' Meeting — touted as the largest shareholders' meeting in America, if not the world.

Kidnapped! Johnny Allison Describes Shocking Incident That Changed His Life

by John Haman and David Smith 3/31/2014 12:00 am

Johnny Allison, the manufactured-home magnate who apparently was kidnapped June 5 by escaped convict James Avery Slack and escaped by crashing his car into a dump truck, spoke to Arkansas Business about the ordeal after returning home to Conway last week.

6-Inch Error in Laying Concrete Puts Alltel Arena Project Behind Schedule

by David Smith 3/31/2014 12:00 am

Construction on Alltel Arena is more than a month behind schedule because of an error in geometric calculations by the concrete contractor, the senior project manager for the $53 million construction job says.

Harvey & Bernice Jones Trust ‘Frost' Bitten?

by John Haman 3/31/2014 12:00 am

H.G. “Jack” Frost Jr. was only a part-time employee of the Harvey and Bernice Jones Charitable Trust 1 in his position as trustee, but in fiscal year 1994 his salary tripled, giving him an annual compensation package of more than $350,000 in salary and consultation fees.

Despite Name, Arkansas Casino Corp. Operator Closely Tied to Texas, Idaho

by Michael Whiteley and Mark Friedman 3/31/2014 12:00 am

As an officer of Arkansas Casino Corp., the Dallas civil trial attorney feared that what happened in 1998 would happen again. That year, the company failed to round up enough signatures to put an initiative before the voters that would allow it to operate six casinos in Arkansas as well as pave the way for a state-run lottery and legalize charitable bingo.

M. David Howell's Debts May Total $60 Million

by Gwen Moritz 3/31/2014 12:00 am

M. David Howell, the former bank CEO in Little Rock and Fayetteville who died in a Beverly Hills hotel on Oct. 23, may have received $60 million or more from investors to whom he promised exorbitant returns, sources have told Arkansas Business.

Andrew Kilgore: Portraits in Black and White

by Arkansas Business Staff 3/31/2014 12:00 am

Beginning with the last issue of 1984 and continuing into 1988, Andrew Kilgore photographed business legends and up-and-comers for the cover of Arkansas Business.

15 Years Later, Shocking Markle Murder-Suicide Case Fades From View

by Gwen Moritz 3/31/2014 12:00 am

But as the 15th anniversary of the deaths of John, Christina, Amy and Suzanne Markle nears, the only lingering attention comes from a handful of conspiracy theorists who insinuate — but never quite allege — that Bill Clinton or Jack and Witt Stephens may have been involved in the annihilation of the prosperous Little Rock family.

‘Any Willing Provider' Bill Returns, This Time Without Wilson Off to Races

by Mark Friedman 3/31/2014 12:00 am

A bill that has occupied lawyers for a full decade might have been a mere blip in the state's long legislative history had Nick Wilson, the powerful and ultimately disgraced state senator from Pocahontas, not been so eager to get to the horse races on one particular day in February 1995.