Energy Archive

Arkansas Unemployment Rate Rises to 5.7 Percent in April

by Alexis Hosticka 5/27/2015 08:43 am

Arkansas' unemployment rate ticked up one-tenth of percentage point from March, coming in at 5.7 percent in April, according to a report Wednesday by the state Department of Workforce Servics.

Landowner Disputes Diamond Pipeline's Claim of Eminent Domain

by Arkansas Business Staff 5/25/2015 12:00 am

A Conway County landowner filed a challenge to the proposed Diamond Pipeline project, arguing the company behind the project should not have the power of eminent domain.

First Electric's Don Crabbe on Measuring Energy Conservation by the Meter

by Arkansas Business Staff 5/25/2015 12:00 am

Don Crabbe leads First Electric Cooperative Corp., which was created in 1937 and now serves more than 91,000 members.

Architect Bunny Brown Elected President of Jackson Brown Palculict

by Arkansas Business Staff 5/25/2015 12:00 am

In his promotion to president, H.F. “Bunny” Brown IV succeeds Brooks Jackson, who will remain with Jackson Brown Palculict as chairman emeritus.

Vacancy Rate Declines in Central Arkansas Office Space

by Arkansas Business Staff 5/25/2015 12:00 am

The vacancy rate for office space in central Arkansas continued its decline in the first quarter of 2015, falling to 8.4 percent compared with 8.8 percent in fourth-quarter 2014 and 11.1 percent in the year-earlier quarter, first-quarter 2014, according to the Central Arkansas Commercial Data Exchange.

Big Companies, Big Revenue: 75 Largest Private Companies in Arkansas Bring In $32.8B

by Gwen Moritz 5/25/2015 12:00 am

The 75 largest private companies in Arkansas generated total revenue — self-reported and estimated — of $32.8 billion in their most recent fiscal years, up nearly 7 percent in a year.

Coulson Oil Plots Growth With Change

by Sean Beherec 5/25/2015 12:00 am

From its founding in 1969, Coulson Oil Co. Inc. of North Little Rock has made changes in its business based on the market and newfound opportunities.

Summerwood Partners Uses Lessons Learned Over Two Retail Careers

by Jan Cottingham 5/25/2015 12:00 am

David and Doug Hendrix learned the retail grocery business from the bottom, starting as sackers at Safeway and working their way up to district managers at Harvest Foods Inc. of Little Rock, the company that emerged from the 1989 merger of Safeway and Skaggs Alpha Beta stores.

Arkansas Business Hall of Fame Seeks Nominations

by Arkansas Business Staff 5/21/2015 11:01 am

The selection committee for the Arkansas Business Hall of Fame is now accepting nominations for the 2016 class of inductees.

Picasolar Dedicates New HQ at UA Tech Park

by Arkansas Business Staff 5/20/2015 03:16 pm

The 2,300-SF space in the Enterprise Center at the UA tech park will enable Picasolar, an Innovate Arkansas client firm, to reduce the time it takes to produce its patent-pending product.

Arkansas' Top Exporters Recognized, Officials Call for Ex-Im Bank Renewal

by Mark Carter 5/19/2015 02:39 pm

At an awards ceremony recognizing the state's top exporters, Arkansas small business owners and an official with the U.S. Export-Import Bank called for the bank charter's renewal.

AECC to Add 108 Megawatts of Wind Energy

by Sean Beherec 5/19/2015 10:38 am

The AECC said it has reached an agreement to purchase energy from the Drift Sand Wind Farm outside of Oklahoma City.

Kohl's Store Rings Up $9 Million Transaction (Real Deals)

by George Waldon 5/18/2015 12:00 am

An 89,724-SF department store in Sherwood weighed in at $9 million. An 18,680-SF electrical subcontracting complex in North Little Rock shifted ownership in a $636,000 transaction. And an 8,316-SF commercial building in west Pulaski County changed hands in a $506,096 foreclosure sale.

Tech Park Board Chooses WDD Architects for Phase 1 of Project

by Mark Carter 5/14/2015 03:55 pm

The Little Rock Technology Park Authority Board has selected Wittenberg Delony & Davidson as the architect for the first phase of the tech park, planned for the Main Street corridor in downtown Little Rock.

Report: US Truckers Generated Record $700B in Revenue Last Year

by Lance Turner 5/12/2015 11:22 am

A new report from the American Trucking Associations says the U.S. trucking industry generated a record $700.4 billion in revenue.

The Business Value of Listening (Barry Goldberg On Leadership)

by Barry Goldberg 5/11/2015 12:00 am

There are reams of articles on listening, with approaches that vary widely. Most of what is required to listen, however, is to pay attention, remove distractions and remain fully present for the work in front of us.

West Memphis Moves Forward with $10.9M Rail Project

by Mark Friedman 5/11/2015 12:00 am

The city of West Memphis hopes to get the final approval by the end of this month to start work on a $10.9 million project to expand railroad infrastructure to service the city's port.

$10M Monticello Water Project Lands in Court

by Mark Friedman 5/11/2015 12:00 am

An attorney for the city of Monticello was shocked to learn that an Illinois contractor hired for a $10 million water project sued the city on April 21, the very day the two parties were in mediation. The origins of the dispute date back to 2011, when Siemens Industry Inc. of Buffalo Grove, Illinois, began looking at the water system in the city of about 10,000 people.

Enrollment Continues Post-Recession Slump at Top Universities, Colleges

by Gwen Moritz 5/11/2015 12:00 am

College enrollment in Arkansas topped out in the 2011-12 academic year, the second year of lottery scholarships when the state's unemployment rate was near its post-recession peak.

Professional Degrees Edge Doctoral in Earnings, Unemployment Rates

by Arkansas Business Staff 5/11/2015 12:00 am

The education categories in the graphic reflect only the highest level of education attained. They don't take into account completion of training programs in the form of apprenticeships and other on-the-job training, which may also influence earnings and unemployment rates.