Arkansas Business back issues from October 1990:
A recession coming? Tell me something new.
Oct 08, 1990 ... A Recession Coming? Tell Me Something New Hats off to the Office of the Comptroller of the Currency and other federal banking regulators for scaring the pants off bankers across the nation and pushing the economy into a recession. Like a drunk-turned-prohibitionist, the fast and ...
Kudos for Rockefeller Foundation and IBM. (for educational and civic grants)
Oct 08, 1990 ... Kudos For Rockefeller Foundation And IBM Business is the great driving wheel of the modern state, and with the decline of the Cold War, consumer-driven capitalism is now emerging as the guiding ethos of the world. For many, it is the only religion they know. Corporate ...
Revelry and reverie: Little Rock Chamber's 'Business After Hours' is back from the dead, while the dream of expanding convention facilities lives on. (A Liberal Dose)
Oct 08, 1990; Lynch, Pat ... Revelry And Reverie Little Rock Chamber's "Business After Hours" Is Back From The Dead, While The Dream Of Expanding Convention Facilities Lives On If your memory is good enough, you might recall when "Business After Hours" was the most appreciated public service of the ...
Economic slowdown arrives: an Arkansas economist listens in on an international conference of 500 world leaders in Washington, D.C.
Oct 08, 1990; Johnston, Robert ... Economic Slowdown Arrives An Arkansas Economist Listens In On An International Conference of 500 World Leaders In Washington, D.C. "Slowdown," "Recession," "Stagflation," "Oil Crisis," "Defense Cut," and "An Increasingly Complex Economy." These themes ...
Homespun technology. (Arkansas Computer Systems) (company profile)
Oct 08, 1990 ... Homespun Technology While most folks sip lemonade and watch the sunset from their back porches, Robert W. Ruffin and his son, Steve, have used their porch for a more enterprising pastime. The duo operates a computer-aided design systems company that grossed $33,000 in ...
Commercial banker. (profile of Frank Huggins, vice president with Twin City Bank)
Oct 08, 1990 ... Commercial Banker Frank Huggins is a VP with Twin City Bank who might also be called a commercial success. When he's not trying to develop new business or marketing strategies for TCB, he appears in print ads and television commercials. Huggins began his entertaining ...
Pain in the assets: J.B. Hunt's OneBank Group will no longer suffer asset growth at the expense of profitability. (company profile)
Oct 08, 1990; Waldon, George ... PAIN IN THE ASSETS J.B. Hunt's OneBank Group Will No Longer Suffer Asset Growth At The Expense Of Profitability Last month, One National Bancshares launched a new advertising campaign tailored around trucking magnate J.B. Hunt, the self-made multimillionaire who ...
Sometimes the system works; ARTECH of Clarksville shows how ASTA's seed capital program is supposed to work. (Arkansas Science and Technology Authority)
Oct 08, 1990; Ford, Kelly ... Sometimes The System Works ARTECH Of Clarksville Shows How ASTA's Seed Capital Program Is Supposed To Work "Chasing the butterflies" is how Jerald Stokes describes looking for venture capital in Arkansas. "It does not exist," says the president of Arkansas ...
Back from bankruptcy: Pickens-Bond's new owner, Hensel Phelps, has revved up revenues to $100 million in 1990. (company profile)
Oct 08, 1990; Lorenzen, Rod ... Back From Bankruptcy Pickens-Bond's New Owner, Hensel Phelps, Has Revved Up Revenues To $100 Million In 1990 In January of 1989, Colorado-based construction giant Hensel Phelps sent Bob Daniels to Little Rock to untangle the affairs of its new acquisition. After ...
Catching a big one: with $790 million in 1987 retail sales, fish farming is booming all around Arkansas.
Oct 08, 1990; Hunter, Renee ... Catching A Big One With $790 Million In 1987 Retail Sales, Fish Farming Is Booming All Around Arkansas By 1987, the retail value of farm-grown fish reached $790 million. Two years later, fish consumption reached a record of 15.9 pounds of edible fish per person -- a ...
A healthy practice: urban doctors flourish in central Arkansas with some pulling down salaries of over $1 million. (includes related article on McFarland Eye Surgery Center)
Oct 15, 1990; Rengers, Carrie ... A Healthy Practice Urban Doctors Flourish In Central Arkansas With Some Pulling Down Salaries Of Over $1 Million A smell of newness permeates the air of the office of Little Rock plastic surgeon Jim English. The waiting room resembles the lobbies of finer hotels ...
How do I look? (image and news building plans of KARK, Channel 4 in Little Rock, Arkansas)(OutTakes)
Oct 15, 1990; Rengers, Carrie ... How Do I Look? It's time for a face lift at Channel 4. KARK recently employed Peters Productions out of San Diego in addition to the Frank N. Magid Co. for image and news consulting. Competitors project these professionals could cost the station as much as $150,000 ...
No competitive edge. ("The Winning Edge", a quarterly publication of radio station KWNN, Little Rock, Arkansas)(OutTakes)
Oct 15, 1990; Rengers, Carrie ... No Competitive Edge Media watchers' eyes popped open when Cliff Ford, KWNN AM 1050 owner, announced the station's quarterly publication The Winning Edge would start going monthly Jan. 1. Could it be yet another business pub in the Little Rock market? Yes, but not a ...
The taxman cometh. (County Assessor B.A. McIntosh of Pulaski County, Arkansas)
Oct 15, 1990; Waldon, George ... THE TAXMAN COMETH He's Made His List And Checked It Twice On Property Assessments In The Millions Real estate wags still remember a time in the not-so-distant past when getting a favorable reassessment on property taxes was a simple matter of bluff and guff. All it ...
Toning up the workplace. (Acxiom Corp.)
Oct 15, 1990; Tyrrell, Michelle ... Toning Up The Workplace Acxiom's 5,000-SF Wellness Center Is Just One Example Of A Growing Trend Toward Fit Employees At Acxiom Corp. in Conway, a 5,000-SF Wellness Center built in 1988 houses the latest equipment for exercise buffs. It includes free-weights, ...
Lifting corporate spirits. (specialization services of hospitals)(Charter Hospital; Central Arkansas Rehabilitation Hospital)
Oct 15, 1990; Rengers, Carrie ... Lifting Corporate Spirits Challenging Outward Bound Ropes Program Keeps High-Stress Executives' Feet On The Ground Remember when hospitals were simply places you visited when someone was sick or had to get an appendix removed? Doctors used to be the only ones who ...
The computer phoenix: Micro Computer Center rises from the ashes of near-bankruptcy to soar with sales close to $30 million. (company profile)
Oct 15, 1990; Ford, Kelly ... The Computer Phoenix Micro Computer Center Rises From The Ashes Of Near-Bankruptcy To Soar With Sales Close To $30 Million By late 1985, Micro Computer Center was struggling under a too-rapid expansion program that had left it with a hefty $500,000 debt and was teetering ...
Troubled waters: with $3.5 million in federal funds, the G&FC is building lakes for private developers. (Game and Fish Commission of Arkansas)
Oct 15, 1990; Griffee, Carol ... Troubled Waters With $3.5 Million In Federal Funds, The G&FC Is Building Lakes For Private Developers In what some claim is a misuse of federal funds, the state Game and Fish Commission has begun using sportsmen's taxes to build public fishing lakes costing millions ...
Fairfield's book value $7.80 per share. (StockTalk)
Oct 15, 1990; Ford, Kelly ... Fairfield's Book Value $7.80 Per Share Fairfield's plunge into bankruptcy court last week took the company's 10.9 million shares along with it. The stock has plunged from a high of nearly $6 last October to around $0.50 a share today. With millions of bondholders in the ...
Melvyn Bell update. (Whispers)
Oct 22, 1990 ... Melvyn Bell Update More info has surfaced regarding Melvyn Bell's troubled real estate development in west Little Rock (Arkansas Business Sept. 24, 1990). Insiders say Bell's efforts to restructure the funding for the $6.72-million Carriage Creek Improvement District ...
Sign of the times. (closure of real estate companies in Little Rock,Arkansas)(Whispers)
Oct 22, 1990 ... Sign Of The Times Another real estate company is joining the growing list of firms to close their doors in the Little Rock market. Company signs should begin disappearing soon for the Lee Gibson Co. Our sources tell us that employees were given the word the company ...
Signature Life update. (Signature Life Insurance Co. of America)(RealDeals)
Oct 22, 1990 ... Signature Life Update What's going on with the proposed Signature Life project at Chester and LaHarpe in downtown Little Rock? The building has been down-scaled by 50 percent to a 5,000-SF one-story structure, and construction bids should be let in January. A ...
Weeping Willow. (Willow Creek Apartments)(RealDeals)
Oct 22, 1990 ... Weeping Willow Willow Creek Apartments is under new ownership after going through a $2 million foreclosure. The 133-unit complex is now held by two general partnerships: Willow Rock Partnership of Humbolt, Minn., and Nashville/Little Rock Investor in Tennessee. The two ...
Gambling on the future: business, political elite look at Arkansas' future. (Survey)
Oct 22, 1990 ... Gambling On The Future It was fairly exclusive company - legislators, bankers and members of the Good Suit Club - in short, the people who generally get to make all the decisions about Arkansas' future. They were talking about ways they could get rid of their country ...
Tough-talking Tyson. (Arkansas' chicken king Don Tyson)(includes related article)
Oct 22, 1990; Lorenzen, Rod ... Tough-Talking Tyson At election time two years ago, some of the state's wealthiest people paid more than $20,000 for a last-minute television blitz they hoped would shoot down the proposed Fair Tax Amendment. Although some of his cronies in the Arkansas Poultry ...
Insightful occupation. (designing artificial eyes)(Venture)
Oct 22, 1990 ... Insightful Occupation While some artists envision their work, Mary Fran Griffin eyeballs hers. Griffin, a self-employed "ocularist," makes artificial eyes. Griffin, who was once an illustrator at the University of Arkansas for Medical Sciences, has been designing ...
Simplistic support. (new display technique from Simplex Truss System Inc.)(Venture)
Oct 22, 1990 ... Simplistic Support Theatre is coming to merchandising: Lights, camera, Truss! Truss? A light guage metal support system, Truss is the new product being introduced into the merchandising business by Simplex Truss System Inc. of Little Rock. The idea of using truss as a ...
Investing is saving. (Small Business Consultant)
Oct 22, 1990; Bilek, Dan ... Investing Is Saving Last year Equity Service Corp.'s 16-hotel chain found it was spending between $80,000 to $100,000 a year on printing expenses. Like any hard-nosed corporate executive, Equity's CEO Greg Fess was searching for ways to lower his overhead. Reducing his printing ...
The bad check business. (Arkansas business based on bounced checks)
Oct 22, 1990; Worthen, Gene ... The Bad Check Business Every business day of the year, 8,000 Arkansas open their daily mail to discover an overdraft notice from their banks. According to figures released by the Federal Reserve Bank in Little Rock, Arkansas will write nearly $900 million in bounced checks in ...
Ungreasing the skids. (New policies pull five Jiffy Lube stores out of the pit)(Whispers)
Oct 22, 1990 ... Ungreasing the skids An ownership change and some new policies look like they've pulled Greater Little Rock's five Jiffy Lube stores out of the pit. Even recent, higher petroleum prices haven't hurt, says district manager Mike Kemper. Pennzoil bought a controlling ...
Recession revisited.
Oct 22, 1990; Pickett, John C. ... Recession Revisited The inability of Washington to agree on tax increases and budget cuts has grave implications for Arkansas and the rest of the nation. Adding the effects of the budget impasse to the current economic downturn magnifies the already uncertain outcome ....
Japanese rice blockade. (Arkansas rice farmers locked out of the Japanese market)
Oct 22, 1990; Hunter, Renee ... Japanese Rice Blockade The prospect of selling rice to Japan has kept Arkansas farmers on an emotional roller coaster for a decade. The rice industry has waged a public relations war in Japan since the U.S. government's rejection of two petitions charging the Japanese ...
Next in Line? (Rebsamen Company's divestment activities)(Whispers)
Oct 22, 1990 ... Next in Line? The Rebsamen Company recently sold off its Mail Marketing Services and the rumor going around is that another Rebsamen company, ...
Wrapping up loose ends. (Arkansas Development Authority goes to court to collect late payment from Yellow Bend Harbor)(Whispers)
Oct 22, 1990 ... Wrapping Up Loose Ends The Arkansas Development Finance Authority expects to meet in court soon with state Senator Jack Gibson, a partner in Yellow Bend Harbor, whose company defaulted on a $235,000 ADFA loan (see Arkansas Business, Oct. 21). Gibson and Co. have missed ...
Risky business. (motivational format in Little Rock,Arkansas' radio station KWNN 1050)
Oct 22, 1990; Rengers, Carrie ... Risky Business Perched high atop a flag pole in the middle of the Fair Park swimming pool, Little Rock's first rock n' roll disc jockey, Cliff Ford, sat for eight days and nights spinning records on turntables strapped to the pole promoting radio station KLRA. Today, ...
Alarming trend. (false security alarms in Little Rock, Arkansas)
Oct 22, 1990; Waldon, George ... ALARMING TREND When police are dispatched to answer a security alarm in Little Rock, chances are that nine out of 10 times they're wasting their time. A burglar is no where to be found, and there's no visible sign of forced entry. The reason? There was ...
Hubba Hubba. (new runway places Little Rock Regional Airport as economic, transportation hub)
Oct 22, 1990; Flake, John ... Hubba Hubba Next spring, a $50-million runway and navigation system at Little Rock Regional Airport will be completed. The new runway - the airport's fourth - will double capacity and permit simultaneous landings, as well as provide a valuable backup in bad weather. ...
The Matthews saga continues. (financial problems of Matthews/Crestwood Co.)(Whispers)
Oct 29, 1990 ... The Matthews Saga Continues Another branch of the Matthews/Crestwood Co. tree, Precision Business Forms, has just been chopped off. With its doors closed now, PBF is supposed to close a deal Oct. 29 with Bank and Business Forms, selling its soul and customer base to the ...
"Wood" you come to Hope? (Temple-Inland, a lumber and particle board firm; Hope, Arkansas)(Whispers)
Oct 29, 1990 ... "Wood" You Come To Hope? People would rather choke than talk about it, but Hope's economy is about to get a big boost. We hear Temple-Inland, a huge lumber and particle board concern out of Diboll, Texas has picked a site outside of the city's industrial park to locate ...
Turning bad claims into good business; management plan for receivables may help in field of healthcare. (Capital Management Systems)
Oct 29, 1990; Lorenzen, Rod ... Turning Bad Claims Into Good Business Management Plan For Receivables May Help In Field of Healthcare Allan Roberts is a guy who acts like he's sitting on a gold mine these days, and the one-time Realtor may be doing just that. What Roberts is excited about is the ...
Going through the roof: top of TCBY Tower provides perfect perch for antennas.
Oct 29, 1990; Rengers, Carrie ... Going Through The Roof Top Of TCBY Tower Provides Perfect Perch For Antennas When Flake and Co. built the TCBY Tower in 1986, the architects thought about more than just floor plans. The roof of the building has grown to be a profitable leasing space for the company ...
A new Eclipse? (Mitsubishi Motor Company's dealership in Little Rock, Arkansas)(Whispers)
Oct 29, 1990 ... A New Eclipse? Mitsubishi Motor Company -- home to Eclipses, Galants, Monteros, Mirages, etc. -- is reportedly scouting out a dealership for North Little Rock, probably on the Miracle Mile. Mitsubishi has talked to at least five area businessmen in its search for a ...
New office building. (Cottondale Building in Riverdale, Little Rock, Arkansas)(Bailey Corp.; Thomas Harding Construction Co.)(RealDeals)
Oct 29, 1990; Waldon, George ... New Office Building Plans for a $1.2 million development in Little Rock's Riverdale area are becoming more definitive with the construction of a 13,000-SF office building slated to begin in January. The players to date are Bailey Corp., which is developing the ...
Watching Westhaven. (Westhaven, Little Rock, Arkansas)(RealDeals)
Oct 29, 1990; Waldon, George ... Watching Westhaven Parkway West Ltd. is moving closer to a payday in west Little Rock that's been six years in the making. The property has frontage along Chenal Parkway and Bowman Road. The limited partnership intends to build a new street called Westhaven Drive that ...
Bill Bowen's baby: for four years Bill Bowen has been talking up a think tank for Arkansas, but will it succeed? (includes related article on think tank success stories)
Oct 29, 1990; Walker, Wythe, Jr. ... Bill Bowen's Baby For Four Years Bill Bowen Has Been Talking Up A Think Tank For Arkansas, But Will It Succeed? Dressed in an elegant tuxedo, a dapper Bill Bowen began fund-raising efforts early this October for his latest brainchild: the proposed Arkansas Research ...
Strikeout at Morrilton Plastic Products. (company profile)
Oct 29, 1990; Waldon, George ... STRIKEOUT AT MORRILTON PLASTIC PRODUCTS Management And Labor Are Still Swinging Away At Each Other, But Will Anyone Emerge A Winner? All is quiet on the picket line at Morrilton Plastic Products in Conway County today. The only sign of activity is a lone striker ...
Arkansas won't shake recession; food processing and light industry keep state economy stable, forecast says.
Oct 29, 1990; Johnston, Robert ... Arkansas Won't Shake Recession Food Processing and Light Industry Keep State Economy Stable, Forecast Says Arkansas has outpaced the nation since May 1989 in new jobs but will probably follow the United States into a mild recession. These two conclusions ...
Health costs spiral to dizzying heights; improvement in medical technology, fear of lawsuits cited as factors. (costs of healthcare and health insurance in Arkansas)
Oct 29, 1990; Meins, Jan ... Health Costs Spiral To Dizzying Heights Improvement In Medical Technology, Fear of Lawsuits Cited As Factors Laissez-faire, free enterprise, capitalism and competition have long been words associated with the American way of life. Competition is supposed to keep ...
Shopping for a new store. (W.B. Loyd)(Whispers)
Oct 29, 1990 ... Shopping For A New Store With his namesake on R Street in the Heights, former men's store owner W.B. Loyd is looking to open another upscale men's shop after a three-year hiatus of ownership. "Where did you hear that?" (we got that a lot this week) asked a surprised ...
Bye-bye Bennigan's. (Victor Bulloch)(Whispers)
Oct 29, 1990 ... Bye-Bye Bennigan's If you've eaten at Bennigan's on University in the last month you may have noticed something is missing -- namely, managing partner Victor Bulloch. Bulloch had been with the chain 17 years and helped open the Little Rock hot spot 10 years ago. We ...
