Northwest Arkansas Archive

Allens' Successor Sager Creek Also Faced Financial Trouble

by Mark Friedman 3/23/2015 12:00 am

The company that bought Allens Inc. of Siloam Springs out of bankruptcy was just a week away from filing its own Chapter 11 bankruptcy in February, according to the trustee for Allens. Sager Creek Vegetable Co. “had significant cash-flow problems,” Allens' Chapter 7 Trustee R. Ray Fulmer II of Fort Smith told Arkansas Business.

Larry Crain To See Trial in Suit As One Ends

by Sean Beherec 3/23/2015 12:00 am

The civil dispute over a Little Rock radio station has come to an abrupt end with businessman Larry Crain buying out his disgruntled partner's interest.

Recent Crystal Bridges Acquisitions Believed to Total $64 Million

by Jan Cottingham 3/20/2015 12:11 pm

Crystal Bridges Museum of American Art on Friday announced a number of new acquisitions, bringing to $64.4 million the estimated value of recently announced art purchases.

Judge Refuses to Dismiss Redman & Associates' Lawsuit Against Sales Chief

by Marty Cook 3/19/2015 09:45 am

A federal judge denied a Chinese toy manufacturer's partial motion to dismiss four counts in a $40 million lawsuit filed against it by a Rogers company.

Greg Leding Drops Bill to Add LGBT Protections

by Associated Press 3/17/2015 11:39 am

An Arkansas lawmaker says he's dropping his proposal to expand Arkansas' anti-discrimination protections to include sexual orientation and gender identity.

Amazeum Tells Opening Date, Changes Name to Honor Scott Family

by Arkansas Business Staff 3/17/2015 11:12 am

Leaders of the Amazeum, a $21.5 million children's museum under construction in Bentonville, announced that the museum will open July 15 and that it has changed its name to the Scott Family Amazeum.

Justin Harris Resigns from Two Legislative Leadership Posts

by Associated Press 3/16/2015 05:32 pm

An Arkansas lawmaker who gave his adopted daughters to a man who later admitted to sexually assaulting one of the them has resigned from two leadership posts.

Walmart Foundation Gives $250K to Jones Center

by Marty Cook 3/16/2015 03:28 pm

The Walmart Foundation donates $250,000 to the Jones Center in Springdale.

J.B. Hunt CEO's Pay at $4.3M in 2014

by Marty Cook 3/16/2015 10:10 am

John N. Roberts III, the president and CEO of J.B. Hunt Transport Services Inc. of Lowell, was paid more than $4.3 million in 2014 and exercised stock options for another $906,752.

Social Media Add Twist to Modern Marketing

by Marty Cook 3/16/2015 12:01 am

Marketing is still marketing, even if it looks a whole lot different in today's social media world, according to Randy McLeod, a professor and director of the professional sales department at Harding University in Searcy.

Fuzzy's Taco Shop Headed to Rogers

by Arkansas Business Staff 3/16/2015 12:00 am

Fuzzy's Taco Shop of Fort Worth is ready to try northwest Arkansas again.

Bentonville Plaza Refills After Hillshire's Departure

by Arkansas Business Staff 3/16/2015 12:00 am

When Tyson Foods of Springdale acquired Hillshire Brands for $8.55 billion last year, it cost Bentonville Plaza its seventh-floor tenant.

NanoMech Expanding, Plans To Hire 30

by Sean Beherec 3/16/2015 12:00 am

NanoMech of Springdale is already outgrowing its new production facility as the company plans to continue to expand its manufacturing capacity.

Arkansas Home Sales Up 4.5 Percent in 2014

by Arkansas Business Staff 3/16/2015 12:00 am

Home sales in Arkansas rose 4.5 percent last year compared with 2013, according to a report from the Arkansas Realtors Association.

Nursing Home King Michael Morton Expanding His Empire

by Mark Friedman 3/16/2015 12:00 am

Even though Michael Morton has been hit by shrapnel from former Faulkner County Circuit Judge Michael Maggio's bribery scandal, the Fort Smith nursing home magnate is pushing forward with plans to expand his empire.

Expecting More Work, Crafton Tull Hires 2 in Rogers

by Marty Cook 3/13/2015 02:52 pm

Crafton Tull of Rogers, one of the largest engineering firms in the state, has hired two project managers for its Rogers' office.

ArcBest Corp. CEO Gets $2.3M in 2014 Compensation

by Marty Cook 3/13/2015 12:00 pm

ArcBest Corp. CEO Judy McReynolds made more than $2.3 million in 2014 thanks to a combination of cash incentives that totaled more than $1.3 million, the company said in its annual proxy statement.

Two New Restaurant Projects Announced for Downtown Bentonville

by Arkansas Business Staff 3/13/2015 11:58 am

Two new restaurant projects for downtown Bentonville were announced Friday: The Belfry and the relocation of the Pressroom. RopeSwing, a boutique hospitality company in Bentonville, is behind the projects, which will hold soft openings this summer.

Melody Kouchehbagh Joins UA Bumpers College Staff

by Arkansas Business Staff 3/13/2015 10:03 am

Melody Kouchehbagh has joined the staff of the University of Arkansas Dale Bumpers College of Agricultural, Food and Life Sciences as development and external relations coordinator, the school announced Friday.

USA Truck Expands West Memphis Terminal to Train Drivers

by Marty Cook 3/12/2015 11:53 am

USA Truck of Van Buren is expanding its West Memphis terminal in the hopes of adding to its operations in the future. Burton Weis says USA Truck is studying possible expansion at facilities in other markets but no decision has been made.