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Grady Bean

Hot Springs Health & Fitness at 281 Lake Hamilton Drive in Hot Springs.
Health Care / Legal

Hot Springs Health & Fitness Sued for $5.1MLock Icon

Hot Springs Health & Fitness faces foreclosure lawsuit. read more >
Bean Lumber Co. of Glenwood planned to receive $10 million in funding in 2010, but the money never arrived as promised. (Photo by Mark Friedman)
Banking & Finance / Business Services / Legal / Manufacturing

Bean Lumber Case Closed Over ‘Failure To Communicate’

U.S. District Judge James Moody Jr. recently tossed out a case that Grady Bean, CEO of the defunct Bean Lumber Co. of Glenwood, and his company filed back in 2013 because of Bean’s “failure to communicate,” according to Moody’s order. read more >
Bean Lumber Co. of Glenwood planned to receive $10 million in funding in 2010, but the money never arrived as promised. (Photo by Mark Friedman)
Banking & Finance / Construction / Insurance / Investments / Legal / Manufacturing / Small Business / Transportation

Bean Lumber Bankruptcy Blamed On Scam

Almost four years ago, Willy Andreas “Andy” Kirsch, the director of Malteco Business Consulting Group Inc. of Irving, Texas, offered to invest $10 million in Bean Lumber Co. of Glenwood in exchange for 25 percent ownership of the company. All Bean Lumber had to do was pay $125,000 to Malteco before it received the $10 million. read more >