Business Services Archive

Galley Support Innovations Announces Sherwood Expansion

by Mark Carter 4/2/2015 03:24 pm

Galley Support Innovations Inc. of Sherwood announced Thursday that it completed a 3,800-SF expansion and plans to add another 21,000-SF on property adjacent to its Manson Road headquarters.

Power Technology's Illumina Laser Projection System on Full Display

by Mark Carter 3/30/2015 01:31 pm

The Illumina laser projection system from Power Technology Inc. of Alexander represents a potential win-win for movie-goers and theater owners, and that double score was on full display Monday at the Ron Robinson Theater in Little Rock's River Market District.

CDI Contractors Sees Sales Continue To Build

by Arkansas Business Staff 3/30/2015 12:00 am

The construction company, which is owned by Dillard's Inc., reported sales of $130.7 million for the fiscal year that ended Jan. 31. That's up 42 percent from the previous year “due to an increase in construction projects,” according to the Little Rock retailer's annual report, which was released last week.

Bean Lumber Case Closed Over 'Failure To Communicate'

by Arkansas Business Staff 3/30/2015 12:00 am

U.S. District Judge James Moody Jr. recently tossed out a case that Grady Bean, CEO of the defunct Bean Lumber Co. of Glenwood, and his company filed back in 2013 because of Bean's “failure to communicate,” according to Moody's order.

Sam's Club Buys Land for Store in Springdale

by Marty Cook 3/30/2015 12:00 am

The new 136,000-SF store will be on 56th Street north of Arvest Ballpark after a dual purchase earlier this month. Sam's Real Estate Business Trust of Bentonville paid $12.4 million for approximately 71 acres near the intersection of 56th Street and Highway 412.

Arkansas Labor Force Rises by 9,000

by Arkansas Business Staff 3/30/2015 12:00 am

As the unemployment rate in Arkansas is falling the size of the labor force is increasing, as these charts by Michael Pakko, the state's economic forecaster, show.

Jonesboro Developer Bruce Burrow's Pyrrhic Victory

by George Waldon 3/30/2015 12:00 am

Officially launched 11 years ago, The Mall at Turtle Creek represents a landmark development long envisioned for the property by Bruce Burrow. The hybrid retail project — part mall and part lifestyle center — became a high-water mark in his storied career.

PAM Executives Got Pay Bumps After Profitable 2014

by Marty Cook 3/27/2015 10:33 am

President and CEO Dan Cushman received total compensation of $1.38 million in 2014, according to a proxy statement filed with the SEC. Cushman made $720,034 in 2013. The pay increase came after a year in which PAM posted net income of $13.5 million, an increase of 129 percent from 2013.

Arkansas Jobless Rate Down to 5.5 Percent

by Arkansas Business Staff 3/27/2015 09:47 am

The state's unemployment rate fell to 5.5 percent in February, down a tenth of a percentage point from January, according to data released Friday by the state Department of Workforce Services.

Asa Hutchinson Names Mike Preston as New AEDC Director

by Arkansas Business Staff 3/26/2015 10:58 am

Gov. Asa Hutchinson on Thursday announced Mike Preston as the new executive director of the Arkansas Economic Development Commission.

Windstream Board Gives Final Approval for REIT

by Sean Beherec 3/26/2015 10:09 am

The company said that the board's decision to spin off certain network assets into the new company, Communications Sales & Leasing Inc., will also result in a prorated cash dividend upon its closing.

Arkansas State University to Hold Women's Business Leadership Conference April 2

by Arkansas Business Staff 3/23/2015 02:41 pm

Arkansas State University in Jonesboro is holding a Women's Business Leadership Conference on April 2 in Centennial Hall at the Carl R. Reng Student Union and at the Delta Center for Economic Development.

Pediatrics Plus Purchase Leads Off Recent Million-Dollar Deals

by Arkansas Business Staff 3/23/2015 12:00 am

Two west Little Rock properties, a children's health care and learning center and an office-retail/bowling alley project, top this week's six-pack of seven-digit deals.

Conway Builders Enjoying Boom as City Expands

by Sean Beherec 3/23/2015 12:00 am

The city of Conway is on the verge — if it hasn't reached it yet — of a boom in commercial real estate availability. Just up Interstate 40 from Little Rock, the city has been the host of several recent development projects and is set to begin more in the coming years.

Beall Barclay Adds Two to Team (Movers & Shakers)

by Arkansas Business Staff 3/23/2015 12:00 am

Josh Masters has been admitted as a member of Beall Barclay & Co. PLC, and Travis Teague has been admitted as a member of Beall Barclay Wealth Management LLC, both in Fort Smith.

Eileen Denne Leaving Arkansas Pharmacists Association

by Sean Beherec 3/23/2015 12:00 am

Eileen Denne, director of communications at the Arkansas Pharmacists Association, is leaving the association at the end of the month after four years to start her own consulting business.

Saline Memorial Breaks Ground on Bryant Campus

by Arkansas Business Staff 3/18/2015 10:10 am

The campus will be called the Saline Memorial Bryant Medical Campus. It will be located at the intersection of Market Place Drive and Highway 5, just north of the Ashley Furniture Home Store and Wal-Mart in Bryant.

Four Winners Named at Helena Startup Challenge

by Arkansas Business Staff 3/16/2015 01:39 pm

Four Helena-West Helena businesses were named winners and split $80,000 in prize money at Southern Bancorp's Helena Startup Challenge.

Jonesboro's Hytrol Conveyor Gifts $200k to ASU College of Engineering

by Arkansas Business Staff 3/16/2015 11:07 am

Arkansas State University has received a $200,000 gift from Hytrol Conveyor Company Inc. of Jonesboro to endow scholarships in the ASU College of Engineering, the school announced Monday.

Innovate Arkansas Connects Client Firms to Funding Options

by Mark Carter 3/16/2015 12:00 am

Over the past six years, Innovate Arkansas has helped its client firms raise $197 million in private capital.