Northwest Arkansas Archive

Arkansas to Increase Some Football Ticket Prices This Fall

by Associated Press 2/3/2016 09:13 am

Arkansas has announced plans to raise football season ticket prices for many sections of Reynolds Razorback Stadium in Fayetteville this fall.

ArcBest CEO Judy McReynolds to Replace Board Chair Robert Young

by Arkansas Business Staff 2/2/2016 03:31 pm

ArcBest Corp. of Fort Smith says President and CEO Judy McReynolds has been elected chairman of the publicly traded company's board of directors. She will replace Robert Young III, a former company CEO, who is retiring.

Kathy Deck Joins St. Louis Federal Reserve Council

by Arkansas Business Staff 2/2/2016 03:20 pm

Kathy Deck, director of the Center for Business and Economic Research in the Sam M. Walton College of Business at the University of Arkansas, has been named to the Real Estate Industry Council of the Federal Reserve Bank of St. Louis.

USA Truck 4Q Profit Up 8 Percent

by Marty Cook 2/2/2016 10:29 am

USA Truck Inc. of Van Buren on Tuesday reported fourth-quarter profit of $3.9 million, an 8 percent increase from $3.6 million in the same quarter of last year.

Crain Automotive Expands to Fort Smith

by Arkansas Business Staff 2/1/2016 12:00 am

The Crain Automotive Group is adding two more dealerships to its portfolio. Crain bought the Kia dealership and will rename it Crain Kia of Fort Smith, and it also bought the Hyundai dealership and will rename it Crain Hyundai of Fort Smith.

The Art of the Plea Deal (Gwen Moritz Editor's Note)

by Gwen Moritz 2/1/2016 12:00 am

While the sentence was up to Judge Holmes, defense lawyer W.H. Taylor of Fayetteville negotiated a deal in which Dennis Smiley Jr. pleaded guilty to only a single count of bank fraud — but he had to accept responsibility and restitution for more than 20 bank victims and their combined losses of nearly $5 million.

Tim Gunter To Lead New Band Program at Central Baptist College (Movers & Shakers)

by Arkansas Business Staff 2/1/2016 12:00 am

Tim Gunter, the director of athletic bands at the University of Arkansas at Fayetteville for 15 years, has been named director of bands and an associate professor of music for Central Baptist College's new band program.

Deck: Northwest Arkansas to Add 5,000 Jobs in 2016

by Marty Cook 1/29/2016 03:59 pm

Northwest Arkansas, Jonesboro and Little Rock were bright spots for the state's economy in 2015, according to economist Kathy Deck.

Update: Dennis Smiley Sentenced to 97 Months, Restitution of $4.9M

by Marty Cook 1/28/2016 11:16 am

H. Dennis Smiley Jr., the former bank president who pleaded guilty last year to bank fraud, was sentenced Thursday to 97 months in federal prison followed by two years of supervised release.

UA Board Votes to Continue Plans for $160M Razorback Stadium Expansion

by Alexis Hosticka 1/27/2016 05:13 pm

The University of Arkansas board of trustees on Wednesday voted to move forward with the estimated $160 million expansion and renovation of Donald W. Reynolds Razorback Stadium.

Wal-Mart's Shutdown Creates New Food Deserts

by Associated Press 1/27/2016 01:15 pm

An Associated Press analysis shows that the closing of more than 150 Wal-Mart stores nationwide will create three food deserts in Alabama, Kansas and Arkansas.

NOWDiagnostics Moves Production to Arkansas, Could Hire 12 This Year

by Marty Cook 1/26/2016 04:43 pm

NOWDiagnostics of Springdale expects to hire as many as 12 new employees in the coming year, the company said Tuesday.

UA Graduate's Design for WWI Memorial Wins Competition

by Alexis Hosticka 1/26/2016 03:08 pm

University of Arkansas at Fayettevile graduate Joseph Weishaar's design was selected as the winning entry for a World War I memorial to be built in Washington, D.C.

Razorbacks Seek Approval for $160M North End Zone Redesign, Expansion

by Mark Carter 1/26/2016 09:48 am

The University of Arkansas athletic department will seek approval from the university's board of trustees to redesign an end zone of Donald W. Reynolds Razorback Stadium.

Fort Smith Plastics Manufacturer Restructured Under New Name

by Arkansas Business Staff 1/25/2016 09:49 am

Quantum Ventures of Auburn Hills, Michigan, has consolidated its plastics processing companies, including River Bend Industries in Fort Smith, under the Quantum Plastics name.

Automobile Dealers Expand Their Holdings

by Marty Cook 1/25/2016 12:00 am

Mark McLarty, whose McLarty Automotive Group has purchased a handful of dealerships in Arkansas and Missouri in the past 18 months, isn't alone in building a dealership portfolio.

As Sentencing Approaches, Dennis Smiley Attorney Says Banks Share Responsibility

by Arkansas Business Staff 1/25/2016 12:00 am

H. Dennis Smiley Jr., the former president of Arvest Bank's Benton County market, expects to go to federal prison after he is sentenced Thursday for bank fraud.

Big Plans for Community Surround Planned Osteopathic College in Fort Smith

by Arkansas Business Staff 1/25/2016 12:00 am

Arkansas Colleges of Health Education CEO Kyle Parker has hired a first-rate lineup of consultants to devise the best way to build a residential-retail-commercial community.

Indiana Firm Pays $4.3M for 17.7 Acres (NWA Real Deals)

by Marty Cook 1/25/2016 12:00 am

Watermark Residential of Indianapolis bought 17.7 acres at the northeast corner of Steele Boulevard and Van Asche Drive in Fayetteville for $4.3 million.

More Moe's On the Way, Owner Says

by Jan Cottingham 1/25/2016 12:00 am

Melanie Hoggard, owner of six Moe's Southwest Grill locations in Arkansas, is planning to roll out three more Moe's in the next two years: in Fayetteville and Jonesboro with the third location to be determined, but potentially Fort Smith.