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Truman Arnold Cos.

Doug Hendrix, left, and his brother David Hendrix own Summerwood Partners LLC of Bryant, which owns convenience store chain Big Red and this year ranked No. 5 for revenue growth among the largest private companies in Arkansas.
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2021: A Good Year for Big Private CompaniesLock Icon

For most of the businesses on this year’s list of Arkansas’ 75 largest private companies, top-line revenue in 2021 was significantly better than in 2019, before any of us had heard of COVID-19. read more >
Bryan Malinowski, executive director of Clinton National Airport: The airport’s debt-free status “allowed us to ... keep construction going, keep people employed.”
Business Services / Construction / Government & Politics / Restaurants & Food / Retail / Tourism / Transportation

Travelers, Projects Taking Off at LITLock Icon

Two years after the COVID-19 pandemic essentially halted passenger air travel, Bill & Hillary Clinton National Airport in Little Rock is seeing travelers return to the skies — though traffic is not normal yet. read more >
The former Central Flying Service lobby now bears the TAC Air touch. Plans are in the works to renovate the executive terminal. 
Retail / Transportation

Seeds of Truman Arnold Began with Road Runner

TAC Air was launched nearly 30 years ago as Road Runner Aviation, a subsidiary of Truman Arnold Cos. ranked by Forbes at No. 215 among the largest private companies in America with more than $2.1 billion in revenue. read more >
Banking & Finance / Business Services / Construction / Real Estate / Tourism / Transportation

Aircraft Hangar Lands $9.2M Transaction (Real Deals)

The sale of a 45,117-SF hangar at Clinton National Airport weighed in at $9.2 million while down the street, a 75,100-SF industrial facility in east Little Rock changed hands in an $800,000 deal. read more >
Investments / Real Estate / Transportation

Stephens Family Acquires Multimillion-Dollar Hangars at Clinton National Airport

Real estate improvements associated with fixed-base operations at the Clinton National Airport in Little Rock generated tandem multimillion-dollar deals. read more >
Business Services / Transportation

TAC Air to Buy Supermarine FBO at Clinton National Airport

TAC Air agrees to purchase the assets of Supermarine of Little Rock LLC’s fixed base operation at Clinton National Airport in Little Rock. read more >
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Texarkana’s Truman Arnold Cos. Off Largest Private Companies List After Execs Move to Dallas

Truman Arnold Cos. worked its way up to No. 1 for the first time in 2001 and held that position most years since then. But their subtraction from the 2013 list means Stephens Inc. is on top of Arkansas Business' list of top private firms. read more >
Sandra Byrd
Energy

Energy Revenue Changes Little; Truman Arnold Cos. Departs List

This year’s list of private energy companies hews very closely to the previous year’s, with a few major changes. The biggest change is that this year, Truman Arnold Cos., which last year was the largest company on the list with annual revenue of $3 billion, is missing completely. read more >
The North Little Rock terminal operations for TAC Energy, a division of Truman Arnold Cos. 
Energy / Transportation

North Little Rock TAC Facility Transfers to JP Energy

JP Energy Partners LP of Dallas announces it that it would receive ownership of two TAC Energy terminals in North Little Rock and Caddo Mills, Texas. read more >

Energy Companies See Revenue Jump

The recession seems far off for Arkansas' private energy companies, with almost all of those represented on Arkansas Business' list of the state's largest private companies having significant jumps in revenue since last year. read more >
This is the 25th year for Arkansas Business' annual list of the state's 75 largest private companies.
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Revenue at Largest Private Companies Ranges From $80 Million to $3 Billion

Truman Arnold Cos. returned to the top of Arkansas Business' annual list of the state's largest private companies last year and remains there with 2011 annual revenue that is more than double the next-highest confirmed figure on the list. read more >