Business Services Archive

Delta Entrepreneurship Network Headed to Little Rock

by Mark Carter 8/3/2015 01:02 pm

The Delta Entrepreneurship Network, which launched the Delta Challenge pitch contest earlier this year, has scheduled a second round of six competitions including a contest in Little Rock scheduled for November.

Acxiom Finalizes $190M Sale of IT Management Business

by Lance Turner 8/3/2015 11:31 am

Acxiom Corp. of Little Rock has finalizes the $190 million sale of its IT Infrastructure Management business to Charlesbank Capital Partners of Boston and New York and M/C Partners.

Stuttgart Mess Leads to Lawsuit for Mid-South Industrial

by Arkansas Business Staff 8/3/2015 12:00 am

A contractor has been hit with a $2.6 million lawsuit for allegedly failing to clean up after itself at a Stuttgart food plant in 2013.

Lawsuit, Liens Hit Scott Reed's Main Street Projects

by George Waldon 8/3/2015 12:00 am

Contractors have more than $1.5 million in claims for unpaid work on two unfinished Main Street redevelopments in downtown Little Rock. The liens and lawsuit add to a track record of overreaching, underfinanced, subsidy-supported development in the city.

What $100 Means in Arkansas: A State-by-State Analysis

by Arkansas Business Staff 8/3/2015 12:00 am

The Tax Foundation, a nonprofit that studies tax policy, last month published a map showing the real value of $100 in each state in the country.

Regions Insurance's Fred Stone on the Most Important Item Your Company Should Protect

by Arkansas Business Staff 8/3/2015 12:00 am

In 2005, Fred Stone became CEO of Rebsamen Insurance, which changed its name in December 2007 to Regions Insurance. Stone lives in Rogers and commutes most weeks to Little Rock.

Mark Wilson Promoted to SVP/Chief Credit Officer at First Arkansas Bank & Trust (Movers & Shakers)

by Arkansas Business Staff 8/3/2015 12:00 am

Mark Wilson, who has been with First Arkansas Bank & Trust of Jacksonville since 2001, has been promoted to senior vice president and chief credit officer. Since he joined the bank as a loan officer, Wilson has been involved in supervising online banking, debit cards and the Customer Service Call Center.

Alliance Rubber Debuts ‘Mover Bands'

by Austin DuVall 8/3/2015 12:00 am

Alliance Rubber Co. of Hot Springs has added Mover Bands, heavy-duty rubber bands capable of stretching to nearly twice their resting length, to its list of products, the company announced recently.

ALB Plans to Expand Workforce

by Arkansas Business Staff 7/30/2015 10:54 am

Arkansas Lighthouse for the Blind plans to expand its workforce by 40 percent and is looking to add "dozens" of full-time jobs in its sewing operations department for people who are blind or visually impaired, it said.

Citing Demand, Metova Plans 100 New Jobs in Conway

by Mark Carter 7/30/2015 10:47 am

Mobile app development firm Metova, which opened an RFID operations center in downtown Conway earlier this year, has announced expansion plans.

Low Oil Prices Drive Murphy to $73.8M Quarterly Loss

by Sean Beherec 7/29/2015 04:49 pm

Murphy Oil Corp. of El Dorado on Wednesday reported a second-quarter loss of $73.8 million, noting that earnings were "greatly impacted by the drop in WTI and Brent oil prices by 44 percent between the comparative quarterly periods."

American Railcar to Invest $10.5M, Add 75 Jobs in Marmaduke

by Alexis Hosticka 7/29/2015 04:01 pm

American Railcar Industries Inc., a designer and manufacturer of hopper and tank railcars, is expanding its tank railcar manufacturing facility in Marmaduke.

Arkansas Capital Corp. Gets CDFI Designation

by Arkansas Business Staff 7/28/2015 01:28 pm

The exclusive designation as a CDFI was made by the U.S. Department of Treasury Community Development Financial Institutions Fund. A CDFI is a specialized financial institution working in market niches underserved by traditional financial institutions.

Fayetteville Firm Gets NASA Grants to Make Circuits for Venus Probe

by Mark Carter 7/28/2015 10:46 am

Ozark Integrated Circuits of Fayetteville has received two grants from NASA to develop heat-resistant circuits that can operate on the surface of Venus and AEDC board approval to further develop its patent-pending UV detector.

Zero Mountain Plans Expansion at Fort Smith Headquarters

by Mark Carter 7/28/2015 10:06 am

Zero Mountain Inc., which provides cold and dry storage warehousing, is planning a $14 million, 90,000-SF expansion and has acquired a 206,000-SF warehouse adjacent to its headquarters on Highway 45 South.

Venture Center Launches Pitch 'N Pint Contest

by Arkansas Business Staff 7/27/2015 03:11 pm

The Venture Center launched its Pitch 'N Pint series of startup pitch contests at the Flying Saucer in Little Rock's River Market District.

Community Banks Feel Regulatory Pinch

by Marty Cook 7/27/2015 12:00 am

The Dodd-Frank Act celebrated its fifth anniversary last week, but it's probably safe to assume many community bankers in Arkansas didn't feel like partying.

Simmons First National Ramps Up Growth Via Acquisition

by George Waldon 7/27/2015 12:00 am

Simmons First National Corp. covered some serious ground among growth-minded Arkansas lenders on the acquisition trail. Tandem out-of-state, stock-swap purchases during the first quarter increased the size of the Pine Bluff bank holding company by a whopping 65 percent.

NLR Medical Office Draws $1.1M Sale (Real Deals)

by George Waldon 7/27/2015 12:00 am

Innovative Real Estate LLC, led by Ahmed Ghaleb, bought the former home of Stonebriar Imaging at 3320 Springhill Drive from Arvest Bank of Fayetteville.

EquityNet's Judd Hollas Sees Plenty of Room in Crowdfunding

by Arkansas Business Staff 7/27/2015 12:00 am

Before founding EquityNet in 2005, Judd Hollas was division manager for Beta-Rubicon Inc. of Fayetteville, a consulting firm specializing in technology assessment and business due diligence services. He has 20 years of experience as an independent technology analyst and investment manager in the private and public domains.