Posted 8/28/2006 12:00 am
Updated 11 months ago
• Chuck Banks, the former U.S. attorney for the Eastern District of Arkansas who recently sought the Republican nomination for lieutenant governor has formed The Banks Law Firm along with two other lawyers who had been with the Little Rock office of Armstrong Allen along with Banks — Josh King and Jeff Priebe. The firm is in the Morgan Keegan Building on 100 Morgan Keegan Drive in Little Rock.
• CRH PLC of Dublin, one of Europe's largest building materials suppliers, has agreed to buy the highway construction unit of Ashland Inc. for $1.3 billion in cash to expand in the U.S. Midwest and South. Ashland Paving & Construction, North America's biggest road builder, has rock and asphalt divisions in 14 states, including Arkansas, where it has more than 500 employees.
• Stephens Inc. has bought Mutual Assurance Administrators, a third-party administrator of insurance claims based in Oklahoma City. Terms of the deal were not disclosed. Stephens has been a client of Mutual and bought the company as an investment.
• Bell-Corley Construction Co. of Little Rock ranks No. 44 in Inc. magazine's Top 500, a list of the nation's fastest-growing private companies. The commercial construction company boasts a three-year growth of 1,266.8 percent and revenue of $24.2 million. It was founded in 2001 by brothers-in-law Matt Bell and Boyd Corley.
• Kay Palmer, executive vice president of technical services and chief information officer for J.B. Hunt Transport Services Inc. of Lowell, and John White, chancellor for the University of Arkansas at Fayetteville, have been named co-chairs of the 2006 Arkansas Venture Conference by the Arkansas Venture Forum. The event is slated for Nov. 16-17 at the John Q. Hammons Center in Rogers.
• Tyson Foods Inc. is consolidating its beef plants in the Pacific Northwest to operate its fresh meats business more profitably. Effective Oct. 16, Tyson Fresh Meats Inc. will permanently close its beef slaughter plant at Boise, Idaho, and scale back processing operations at its Pasco, Wash., complex.
• Tyson Foods Inc. has named Robert T. DeMartini as group vice president, consumer products. DeMar-tini will join Tyson in September, filling a position that has been open since last fall. He will oversee operations, marketing and sales for all divisions within Tyson's consumer products business, including deli, processed meats, wholesale clubs and retail. He comes to Tyson from the Gillette Co., where he was SVP and general manager of the company's $2.2 billion grooming division.
• Jim Cooper of Melbourne has been named to the state Board of Education by Gov. Mike Huckabee. He replaces Shelby Hillman, whose term ended June 30. Cooper, 42, is president and CEO of Cooper Management Corp. His term expires June 30, 2013.
• The 78th annual meeting of the Arkansas State Chamber of Commerce/Associated Industries of Arkansas has been set for Sept. 26 at the Hot Springs Convention Center and Embassy Suites. The Arkansas Awards for Performance Excellence presentation dinner will be held Sept. 25 at the convention center. The cost of that event is $85 a person. For more information, call Barbara Harvel at (501) 373-1300. The State Chamber/ AIA, Arkansas Manufacturing Solutions and the U.S. Export Assistance Center will host a seminar from 8-11 a.m. Sept. 26 at the convention center titled "Growing Your International Business: Successful Export Strategies for Manufacturing CEOs." It costs $25 and includes breakfast. Cost for the annual meeting is $100 per participant and $75 per guest. To register, call Deb Mathis at (501) 372-2222 or click here.
• Arkansas Tech University's Professional Development Institute in Russellville is offering a free Project Management Webinar Series at 11 a.m. or 7 p.m. on Sept. 13. It will focus on the power of project management to boost career performance and boost the company's bottom line by making managers more effective. To register, click hereor call Michael Roys at (479) 964-0541 for more information.