Energy Archive

Arkansas' Unemployment Rate Falls to 4.4 Percent

by Alexis Hosticka 3/14/2016 10:36 am

Arkansas' seasonally adjusted unemployment rate dropped three-tenths of a percentage point from December to 4.4 percent in January, according to a report Monday by the Arkansas Department of Workforce Services.

Exception to Road Rule Helps Northeast Arkansas Get I-555

by George Jared 3/12/2016 12:27 pm

It has taken more than four decades, but northeast Arkansas finally has an interstate. "This will significantly impact the economy in this part of the state," Arkansas Highway and Transportation Department district 10 Engineer Walter McMillan said.

Window Mart to Expand in Hot Springs

by Arkansas Business Staff 3/11/2016 09:02 am

Window Mart of Royal (Garland County) plans to expand its existing facility at 5760 Albert Pike Road with a $6.5 million investment over the next two to three years.

Drones: Farmers' Eyes Take To Arkansas Skies

by Jan Cottingham 3/7/2016 12:00 am

Drones have the potential to revolutionize agriculture in Arkansas, but the nature of that revolution remains unclear, farmers and those who work with them say.

Powers Promotes Keen to President (Movers & Shakers)

by Arkansas Business Staff 3/7/2016 12:00 am

Steve Keen has been promoted to president of Powers of Arkansas, a North Little Rock HVAC company. Keen, who has worked for Powers of Arkansas for 10 years, was formerly president of HVAC and controls.

GLO Airlines CEO Trey Fayard on Trimming Layovers from Flyover Country

by Arkansas Business Staff 3/7/2016 12:00 am

Trey Fayard is the founder and CEO of GLO Airlines, which has direct flights from Little Rock's Clinton National Airport to New Orleans and, beginning in late March, to Destin-Fort Walton Beach, Florida.

You Can Make Nominations Now for Arkansas Business 40 Under 40

by Arkansas Business Staff 3/4/2016 07:00 am

For the 23rd consecutive year, Arkansas Business is seeking nominations for its 40 Under 40 program, which recognizes 40 professionals under the age of 40 who excel in their profession and are leaving their mark on the Arkansas business and nonprofit community.

Former ThermoEnergy CFO Andrew Melton Convicted of 17 Counts

by Gwen Moritz 2/29/2016 11:20 am

A federal court jury convicted Melton, 69, of stealing $109,000 to pay an interior decorator's bill and of failing to remit $1.8 million in payroll taxes to the IRS.

M&M Cleanup Company Meets Messy End

by Mark Friedman 2/29/2016 12:00 am

Instead of soaring under new ownership, M&M Environmental Group, which provided environmental services to the oil and gas industries, went into a tailspin. So did the relationship between McFadin and the Omega Group; eventually the two sides deadlocked on whether to file for bankruptcy protection late last year.

ASU Partners with Johnson Controls On Energy Initiative

by Arkansas Business Staff 2/25/2016 03:40 pm

Johnson Controls and Arkansas State University have signed a $15 million energy performance contract that will advance the university's sustainability initiatives.

Sierra Club Asks Entergy to Shut Down White Bluff, Independence Plants

by Alexis Hosticka 2/24/2016 10:18 am

The Sierra Club on Tuesday released the “2016 Arkansas Clean Air Solution,” a plan to clean up air pollution from coal plants owned by Entergy Arkansas that outlines a solution to meet federal clean-air safeguards under the Regional Haze Rule.

Andrew Card Joins Energy Firm Led by Wesley Clark, Rodney Slater

by Arkansas Business Staff 2/22/2016 12:00 am

Not only is Energy Security Partners led by Clinton-era Democrats Rodney Slater and Wesley Clark, but Andrew Card, former chief of staff for George W. Bush, will join the board.

Little Bird Systems of Fayetteville Puts 'Internet of Things' to Industrial Use

by Marty Cook 2/22/2016 12:00 am

Bryon Western and Edgar Cilio of Little Bird Systems bonded over taekwondo, work for chicken feed and love figuring out ways to work on the “Internet of Things.”

American Silica LLC on Target to Open in Black Rock

by George Jared 2/19/2016 10:49 am

American Silica LLC will employ at least 50 workers at its new processing plant, which is now under construction in Lawrence County.

Firm Led by Clark, Slater Eye Jefferson County for $3B Energy Plant

by Arkansas Business Staff 2/16/2016 11:44 am

An energy company led by retired U.S. Army Gen. Wesley Clark and former U.S. Secretary of Transportation Rodney Slater is considering Jefferson County among possible sites for a $3 billion natural gas-to-liquid plant.

Unemployment Falls in Arkansas Metros in 2015

by Arkansas Business Staff 2/15/2016 12:00 am

Unemployment in Arkansas' metropolitan areas has fallen significantly in the last year, notes Michael Pakko, an economist at the University of Arkansas at Little Rock.

Arkansas Business Recognizes Finalists of 28th Annual Business of the Year Awards

by Arkansas Business Staff 2/15/2016 12:00 am

Since 1988, Arkansas Business has honored the state's top executives, small businesses and nonprofits with the annual Arkansas Business of the Year Awards. Readers make nominations and an independent panel of judges selects the winners.

First Electric Adds Solar With Today's Power

by Arkansas Business Staff 2/9/2016 02:06 pm

First Electric Cooperative of Jacksonville recently entered into a service agreement with Arkansas-based Today's Power Inc. (TPI) to install a one-megawatt AC solar array.

Arkansas Sees Volume, Value of Biggest Deals Drop

by Jan Cottingham 2/8/2016 12:00 am

The value of mergers and acquisitions last year reached a record high worldwide and in the United States, but Arkansas was a different story. The known value of big deals in the state — those worth $9 million or more — fell 53 percent in 2015 compared with 2014, to $8.8 billion compared with $16.6 billion.

Personal Income in Arkansas Metro Areas See Increase

by Arkansas Business Staff 2/8/2016 12:00 am

The eight metropolitan areas of Arkansas reported increases in local area personal income in 2014, with growth ranging from 1.6 percent in Pine Bluff to 4.1 percent in Fort Smith.