Business Services Archive

Tyson Pledges $50M to Help End Hunger

by Arkansas Business Editors 9/3/2015 08:56 am

Tyson Foods Inc. of Springdale is pledging $50 million in cash and in-kind donations over the next five years in the fight against hunger, after donating 100 million pounds of food over the past 15 years.

VentureBeat: Fayetteville's Qbox Raises $2.4M

by Mark Carter 9/2/2015 03:05 pm

Qbox is a cloud-based, search database for businesses. Formerly known as StackSearch, it won the ARK Challenge accelerator in 2012. The funding round was led by Vulcan Ventures and other funds based in Silicon Valley.

Beige Book Indicates Economic Growth in St. Louis District

by Arkansas Business Staff 9/2/2015 02:04 pm

Economic activity in the St. Louis District has continued to increase at a moderate pace since the previous "Beige Book" in July and year-over-year home sales in June increased 7 percent in Little Rock.

Cree Rebrands Division That Includes Fayetteville as Wolfspeed

by Mark Carter 9/2/2015 08:32 am

Semiconductor manufacturer Cree Inc. has rebranded its power and radio frequency division, which includes the former Arkansas Power Electronics International of Fayetteville, as Wolfspeed, the publicly traded company announced.

Startup Junkie's 2.7.0 Accelerator Launches with 11 Firms

by Mark Carter 9/1/2015 02:32 pm

Promoting startups owned by women, minorities and military veterans is the aim of the 2.7.0 accelerator from Fayetteville's Startup Junkie that began its 14-week run on Tuesday.

Southern Bancorp Community Partners Raises $2.5M to Expand Loans

by Arkansas Business Staff 9/1/2015 10:38 am

Southern Bancorp Community Partners has raised $2.5 million toward a $5 million goal to expand its revolving loan fund for underserved communities in Arkansas and Mississippi.

Bentonville Retains Top Spot on ATBI

by Mark Carter 9/1/2015 09:33 am

Bentonville retains its spot atop the Arkansas Tech Business Index, while eight of the 18 cities listed on the index finished the second quarter of 2015 with a rating greater than 100.

Cree Fayetteville Receives $4M from USAF for F-35 Power Module

by Mark Carter 9/1/2015 09:03 am

Cree Inc., the LED and semiconductor manufacturer that purchased Arkansas Power Electronics International of Fayetteville in July, received a $4.1 million contract from the U.S. Air Force.

WLR Storage Property Packed in $6 Million Deal

by Arkansas Business Staff 8/31/2015 12:00 am

A west Little Rock mini-storage development, a grand home near the Country Club of Little Rock and residential lots in Sherwood debut as this week's trio of million-dollar transactions.

Park Avenue Lofts Sells In $36M Transaction (Real Deals)

by George Waldon 8/31/2015 12:00 am

ER Park Avenue Apartments LLC, an affiliate of Equity Resources LLC of Birmingham, Alabama, purchased Park Avenue Lofts at 320 S. University Ave. The development previously was linked with a February 2012 mortgage of $21.6 million held by Arvest Bank of Fayetteville.

Koutroumbis Buys High Point Terrace Apartments (NWA Real Deals)

by Marty Cook 8/31/2015 12:00 am

Koutroumbis Properties of Fayetteville acquired the six-unit High Point Terrace apartment complex at 922 Hughes St. in Fayetteville for $512,000.

Central Arkansas Industrial Space Vacancy Rate Slips

by Arkansas Business Staff 8/31/2015 12:00 am

The vacancy rate for industrial space in central Arkansas fell slightly in the second quarter compared with the year-ago quarter, to 11.7 percent compared with 11.9 percent in second-quarter 2014.

Little Rock's Original Fern Bar: How Buster's Birthed Dave & Buster's

by Jan Cottingham 8/31/2015 12:00 am

Next summer, Dave & Buster's, based in Dallas and co-founded by Corley and Corriveau in 1982, will be opening a location in Little Rock, its first in Arkansas. D&B now has almost 11,000 employees and 73 stores, including one in New York's Times Square. The Arkansas arrival comes 33 years after its founders opened Buster's in Little Rock's Union Station.

Economic Benefits Touted for Osteopathic Locations

by Mark Friedman 8/31/2015 12:00 am

The two osteopathic medical schools under development in Arkansas are expected to give their areas a financial lift.

USA Truck Names Head of Mexico Operations

by Arkansas Business Staff 8/28/2015 10:40 am

Nichols was most recently the director of international sales at U.S. Xpress Inc. and was director of business development for Con-Way. He has worked in the trucking industry for 35 years, including 20 years of experience involving Mexico.

Build IT to Feature Mainstream Technologies Founders

by Arkansas Business Staff 8/28/2015 10:18 am

Next week's Venture Center Build IT "fireside chat" speaker series features the founders of Little Rock's Mainstream Technologies.

Phyzit Adds Former A Briggs Passport Chief Mike Blanchat as President

by Mark Carter 8/28/2015 08:44 am

Blanchat is the former president for A Briggs Passport & Visa Expeditors, which was sold last fall to CIBT. Phyzit, founded by Little Rock pediatric urologist Stephen Canon and his father Mike, has developed an app that enables doctors and patients to communicate post-visit via telemedicine and mobile messaging.

Online Research Tool Helps Spur Economic Development in Delta

by Arkansas Business Staff 8/26/2015 04:27 pm

A new online research tool from the Delta Regional Authority connects economic developers and civic leaders to demographic and economic data.

The Hive, LR's Newest Entrepreneurial Space, Goes Live Sept. 1

by Mark Carter 8/24/2015 03:31 pm

The Hive is being billed as a co-working lifestyle space for creatives and entrepreneurs. It's part of Bespoke Media Group's new headquarters at 2207 Cantrell Road.

Weis Says Decision To Leave USA Truck His To Make

by Arkansas Business Staff 8/24/2015 12:00 am

Former USA Truck executive Burton Weis said it was his decision to resign from the Van Buren trucking company and he hoped to stay in northwest Arkansas with his next job.