Fervor Burns On for $3.5B Gas-to-Liquid Plant
Roger Williams’ eight-year path to his dream — a $3.5 billion plant to make ultra-clean diesel near the banks of the Arkansas River — is intersecting with a quite literal road, perhaps the state’s sturdiest. read more >
by Kyle Massey -
Big River Steel Announces Partnership with Koch Metallics
Big River Steel of Osceola enters an agreement with Koch Metallics LLC under which Koch will act as the exclusive agent to Big River Steel for metallics procurement. read more >
by Lance Turner -
With Two Hoops Cleared, ESP Plant Closer to Reality
Visions of a $3.5 billion plant to turn natural gas into liquid fuel have tantalized Jefferson County while doubters have touted the project as pie in the sky. With two of four crucial environmental permits in hand, that pie could be going into the oven soon. read more >
Energy Security Partners Plant Still in Works
The GTL project, touted as the biggest economic endeavor ever in Arkansas, has naturally had its skeptics. read more >
State Offices, Rather Than Raytheon, Relocate to Riverdale
Plans are still taking shape to move 977 state employees into the six-story building at 1 Verizon Drive in the Riverdale area. read more >
by George Waldon -
Arkansas Pension Funds Seek Lawyers For Lawsuits
Two of Arkansas’ largest retirement funds are looking for law firms to represent them in securities class-action lawsuits, which could mean huge paydays for the firms but not for the funds. read more >
by Mark Friedman -
Silver Development Offers Niche for Graying Generation
Silver Development Co., Larry Crain Jr.’s non-car venture, is watching its 188-unit Chenal Village fill up as the high-end duplex project beckons 55-and-up renters. read more >
by Kyle Massey -
Arkansas Teacher Retirement System Names Director
The Arkansas Teacher Retirement System's board of trustees has hired Clint Rhoden, a 17-year veteran of the ATRS, as its executive director. read more >
Director of Arkansas Teachers’ Retirement Plans to Leave
The head of the retirement system for Arkansas' public school teachers is leaving his job by the end of the year. read more >
by Associated Press -
Gas-to-Liquid Plant Near Pine Bluff Takes Major Financing Step
With a $30 million investment commitment from the Arkansas Teacher Retirement System, plans to build a $3.5 billion plant to turn natural gas into refined liquid fuel near Pine Bluff reached a significant landmark this week. read more >
by Kyle Massey -
Supreme Court Justices’ Data Offers a Peek Beyond Pay
The seven justices who sit on the Arkansas Supreme Court have a wide range of business investments, from property to tower rent for a radio station. read more >
by Mark Friedman -
ATRS to Get Part of $300M Class-Action Settlement
Arkansas Teacher Retirement System will receive a percentage of a $300 million class-action settlement it reached last week with its custodial bank in connection with overcharging fees. read more >
by Mark Friedman -
No Charge From Nabholz for Insurance Department Building Budget
Arkansas Insurance Department spokesman Ryan James said the department asked Nabholz to run some numbers “for informational purposes.” No bids or proposals were sought and no payment made for the one-page estimate dated April 25. read more >
Arkansas Insurance Department Puts Out Feelers on New Space
The Arkansas Insurance Department may have its eye on a new office building. read more >
Big River Steel Mill Rises in Northeast Arkansas
The construction of the Big River Steel mill is a project defined by superlatives: at $1.3 billion, the biggest economic development project in Arkansas history; at $700 million, the biggest construction project in the state; one of the most technologically advanced, etc. read more >
by Jan Cottingham -
Public Pension Funds Branch Out Globally
Public employee pension funds, including those in Arkansas, increasingly have moved into “alternative investments” as a way to spread risk and boost returns. read more >
by Jan Cottingham -
Woodland Heights Sells In $13.9M Transaction (Real Deals)
A 142-unit independent living center in Little Rock tipped the scales at $13.9 million. A nearly 1,150-acre farm in southeast Pulaski County weighed in at $2.25 million. And a 3,708-SF residence-turned-business in Little Rock’s Hillcrest area changed hands in a $525,000 deal. read more >
by George Waldon -
Arkansas’ Impending Shortfall (Erick Elder Commentary)
The Arkansas state public pension system has six different plans, the largest two of which represent 90 percent of the active members and more than 85 percent of total pension funds. There are more than 65,000 retired members associated with these two pensions, namely, the Arkansas Teacher Retirement System and the Arkansas Public Employees Retirement System. read more >
by -
Compass Pointe Plans To Purchase Woodland Heights
Compass Pointe Healthcare Systems of Baltimore has struck a deal to buy the 142-unit independent living center from the Arkansas Teacher Retirement System. read more >
Sweet: ‘A Pure Arkansas-Flavored Investment’ for Arkansas Teachers Retirement System
The Arkansas Teacher Retirement System, the state’s largest pension fund, has invested about $73 million in 14,580 acres of cropland since it began building its roster of farm holdings four years ago. read more >
by George Waldon -