Construction

Arkansas Business Presents the 2014 Power List

Arkansas Business Presents the 2014 Power List

Arkansas Business introduced “The Power List” in 2006, and after updating it annually for a few years, we decided to spread it out. That means there have been a lot of changes in 20 industries and professions since our last installment in 2011, so we've been doing a lot of rounding up of resumes and photos in the last few weeks.
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A Closer Look: Arkansas Unemployment and Employment

The unemployment rate in Arkansas fell in June to 6.2 percent, but the number of people employed “continues to be a source of concern,” state economic forecaster Michael Pakko noted recently.
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Value Place Hotel Visited by $4M Sale (Real Deals)

A 121-room hotel in west Little Rock tipped the scales at $4.08 million. A 6,450-SF warehouse in southwest Little Rock is under new ownership after a $1.26 million sale. And a 1.57-acre office site in west Little Rock changed hands in a $374,848 transaction.
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Big River Steel's John Correnti on Government's Role in Private-Sector Projects? 'Stay Out'

John Correnti, chairman and CEO of Big River Steel LLC, has more than 40 years of experience in the steel industry. Big River Steel, a $1.3 billion project, is being built in Mississippi County near Osceola. It's expected to employ more than 525 workers with average yearly compensation of $75,000. read more >

Brandon Barber Should Serve About 20 Years, Feds Say

Brandon Barber's day of reckoning approaches — he's scheduled for sentencing in Fort Smith on Aug. 13 — and federal prosecutors think the bankrupt northwest Arkansas real estate developer should spend a very, very long time in prison. read more >

Maverick Transportation Opens $4M Driving Training Center

Arkansas Gov. Mike Beebe was on hand as Maverick Transportation LLC of North Little Rock opened its $4 million driver training center on Thursday. read more >

Deltic Timber 2Q Net Down Against One-Time Gains

Deltic Timber Corp. of El Dorado reports second-quarter net income of $5.3 million or 42 cents per share, down 53 percent from the same time last year. read more >

Junior League Starts Work on Nonprofit Center

The Junior League has started work on a nonprofit center that it hopes will help several up-and-coming nonprofits. The center is set to open in February. read more >

Fort Smith Stays on Top of Arkansas Tech Business Index

For the second consecutive month, Fort Smith had the highest ATBI value in April. The city saw a decrease of 1.6 points between March and April, however, its 106.99 rating was good enough to best its closest competitors. read more >

Wal-Mart Execs Naturally Dominate List of Executive Compensation

Top executives at the world's largest company continue to dominate Arkansas Business' annual list of public company executive compensation, starting with the new CEO, Doug McMillon. read more >

Proposal Would Raise Arkansas' Minimum Wage Rate

Arkansas' minimum wage of $6.25 an hour, which applies to all employers with four or more employees, is one of only four state minimums that remain below the federal wage of $7.25 hourly. read more >

Lessons Learned (Editorial)

One of our best additions to the pages of Arkansas Business in our redesign three years ago has turned out to be the weekly Executive Q&A. It's a good way of getting new voices into the paper, voices largely unfiltered by editors because the Q&As are usually done via email and we publish the answers largely as written (though sometimes abbreviated because of space constraints). read more >

Ashley Group Could Bring New Life to Pleasant Crossing in Rogers

The Ashley Group of North Little Rock, one of the largest commercial property managers in the state, is looking to buy a mostly undeveloped 30.5-acre piece of the Pleasant Crossing development in Rogers. read more >

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