Arkansas Business - Articles

43,155 total articles

Business magazine on the Arkansas business community, covering people and recent news events statewide.

Arkansas Business back issues from December 1990:

NCTR's raving response. (The National Center for Toxicological Research)(Whispers)

Dec 03, 1990 ... NCTR's Raving Response The notion of forming a non-profit cooperative to attract more biotech companies to The National Center for Toxicological Research in Pine Bluff is on its way, but still hasn't received the publicity it deserves. (See Arkansas Business Nov. 5). ...

The greatest challenge of all. (Inside Business)

Dec 03, 1990; Wythe, Walker, Jr. ... The Greatest Challenge Of All When He Controls Stephens' $1.7-Billion Empire, Warren Stephens Will Wield The Greatest Economic Clout In Central Arkansas As I was working furiously last week preparing the new leaders' list for Arkansas Business Nov. 26 issue, I had little ...

"And now, a word from our sponsor...".

Dec 03, 1990; Rengers, Carrie ... "And Now, A Word From Our Sponsor ..." Businesses Hand Public Broadcasting $250,000 While Pushing For Final Say When Spectrum Weekly placed community radio station KABF on its Enemies List recently, it was just a "friendly kick in the seat to a station that we like ...

Spending spree. (Arkansas General Assembly to disburse $3 billion)

Dec 03, 1990; Pickett, John C. ... Spending Spree As State Legislators Prepare To Disburse $3 Billion In Revenues, State Agencies Can Expect Four-Percent Hike In Their Budgets In January, the Arkansas General Assembly convenes to begin a spending spree that will run through more than $3 billion -- the ...

Development in the baking. (RealDeals)

Dec 03, 1990; Waldon, George ... Development In The Baking Community Bakery Inc. has plans to breath new life into a pair of gutted buildings that have stood vacant for more than half a decade in downtown Little Rock. The company bought the two buildings at the southwest corner of 12th and Main for ...

Brooks-Pollard at the crossroads. (loss of $12 million TCBY Enterprises Inc. account)

Dec 03, 1990; Walker, Wythe, Jr. ... Brooks-Pollard At The Crossroads Losing The $12-Million TCBY Account Sliced The Agency's Ad Base To The Bone, But Hugh Pollard Says The Future Never Looked Brighter Sitting behind his expansive desk in his 29th floor office in the First Commercial building, Hugh Pollard ...

Coming, going, gone. (Little Rock, Arkansas, real estate; includes related chart)

Dec 03, 1990; Waldon, George ... Coming, Going, Gone Down By 25 Percent, Where Is Thinning Herd of Licensed Realtors Headed? A herd of 13,000 real estate agents once roamed across Arkansas -- listing property, closing sales and collecting commissions. The number has thinned to 9,700 today, and ...

Untimely demise: Laventhol and Horwath. (Whispers)

Dec 03, 1990 ... Untimely Demise Laventhol and Horwath, the nation's seventh-largest accounting firm, has filed for bankruptcy court protection. The news caught our eye because it is the same firm that conducted an analysis of the proposed Diamond Center. ...

New market keeping boat business afloat. (Small Business Consultant)

Dec 03, 1990; Bilek, Dan ... New Market Keeping Boat Business Afloat Sideline In Concrete Molds Boosts $1.7 Million Bottom Line When it rains, it pours. In 1988, Concord Boat Company's sales reached almost $3 million but two years later dropped to $1.7 million. With its sales cut ...

Maumelle's lender slips into federal hands. (San Jacinto Savings Association of Houston, Texas)

Dec 10, 1990 ... Maumelle's Lender Slips Into Federal Hands Maumelle Co. watchers noticed last week that the Resolution Trust Corporation took over insolvent $3.5-billion San Jacinto S&L in Houston, Texas. That's the thrift where Jay DeHaven has his $9.5 million loan, and some observers wondered ...

Big commercial deal. (acquisition of Freeway Medical Building, Little Rock)

Dec 10, 1990 ... Big Commercial Deal Have you heard about a local play to acquire the Freeway Medical Building, located off I-630 near University Avenue in Little Rock? We promised not to name any names just yet, but if all goes well the nine-story office condominium project will have a ...

Flipping burgers. (McDonald's, Little Rock is up for sale)

Dec 10, 1990 ... Flipping Burgers After hearing that Little Rock's McDonald's might be in financial trouble or up for sale, we called owner Joe Davis. He says he does have a sale pending for the nine restaurants, although it is "very preliminary" now. As for the financial trouble part, he can't ...

Third-quarter numbers. (third quarter earnings of Jones Truck Lines Inc.)

Dec 10, 1990 ... Third-Quarter Numbers Third-quarter numbers are out for Jones Truck Lines Inc. of Springdale. Figures show the company lost $56,000 on quarterly revenues of almost $57 million. JTL has also been in the news lately due to a class-action lawsuit filed by unhappy pension ...

This is cool. (management of Carrier Corp.)

Dec 10, 1990 ... This Is Cool A recent Business Week article outlined the challenges facing Carrier Corp. as it heads into the 90s. But what the article mentions in one sentence speaks volumes for Arkansas. "In 1991, Carrier will begin building updated rotary compressors in a new ...

Doctors try to keep focus on the family: clinic spends $1.6 million to expand, promote bedside manner. (Family Clinic of Little Rock)

Dec 10, 1990; Rengers, Carrie ... Doctors Try To Keep Focus On The Family Clinic Spends $1.6 Million To Expand, Promote Bedside Manner Remember the days of small, neighborhood doctors' offices where your physician had taken care of you since you were four years old and you knew everyone in the ...

Where's the Donaghey money? Six years after property manager took $566,000, less than $5,000 has been recovered. (George W. Donaghey Foundation)(Judith Grisham Lanehart)

Dec 10, 1990; Walker, Wythe, Jr. ... WHERE'S THE DONAGHEY MONEY? Six Years After Property Manager Took $566,000, Less Than $5,000 Has Been Recovered On August 18 of this year, Judith Grisham Lanehart, 43, a thin woman with long gray hair, was arrested by the Little Rock police for embezzling $33,000 ...

Whatever happened to Sidney Weniger? Developer wheeling, dealing despite $66 million bankruptcy.

Dec 10, 1990; Waldon, George ... Whatever Happened To Sidney Weniger? Developer Wheeling, Dealing Despite $66 Million Bankruptcy This will be the fourth yuletide season to come and go without Sidney Weniger throwing one of his famous Christmas parties. The guest list was a veritable who's who in ...

Plan for exporting also boosts image: Mountain Valley taps into Japanese market, plans to double export market. (Mountain Valley Spring Company)

Dec 10, 1990 ... Plan For Exporting Also Boosts Image Mountain Valley Taps Into Japanese Market, Plans To Double Export Market Ask Brooks Rice a simple question like why he started exporting, and your answer will be a geography, history, economics, and marketing lesson all packaged ...

The business of exports. (Modern Chemical)

Dec 10, 1990 ... The Business Of Exports With 10 Percent Of Sales Abroad, Modern Chemical Proves It's Not Just For The Big Guys Anymore Talk about stumbling upon the export business. Russ Huntley went to the mailbox one day and found an order for his company's product from Israel. ...

A can of worms. (bidding for the construction of a school building in Arkansas has put on the spot the state's Preference Law.)

Dec 10, 1990 ... A Can of Worms The recent bidding process for the construction of a new chemistry/math/science building at Westark Community College in Fort Smith re-opened a can of worms for Arkansas contractors. The can is commonly labeled the state contractor's Preference Law. It ...

Head 'em up, move 'em out. (hog industry is moving south for better conditions)

Dec 10, 1990 ... Head |Em Up, Move |Em Out Coinciding with TSI's southerly move from Massachusetts to Arkansas for (among other things) genetic engineering on pigs, the nation's hog industry is moving south for better growing conditions and also to avoid a serious disease called pseudorabies. ...

Russellville rumblings. (Russellville, Arkansas)(Whispers)

Dec 17, 1990 ... Russellville Rumblings Have you heard about the $15 million-plus retail development in the works for Russellville? The shopping center should weigh in at upwards of 300,000 SF and is described as the biggest between Little Rock and ...

No pink slips at Friday. (Friday Eldredge & Clark)(Whispers)

Dec 17, 1990 ... No Pink Slips At Friday You may have heard the same rumor we did three weeks ago that up to seven lawyers were about to be laid off at the Friday Eldredge & Clark law firm. Possibly in the bond department. "That is not so. Absolutely not so," says Herschel Friday. And, ...

Flying high II. (Flight Safety International)(Whispers)

Dec 17, 1990 ... Flying High II In our Nov. 5 issue, we were the first to let you in on the exciting news that Flight Safety International was considering Little Rock as a possible expansion site. Now we hear from our aviation source that FSI has said yes to our hometown. We called to ...

Growing money on trees. (Arkansas' seasonal Christmas tree business)

Dec 17, 1990 ... Growing Money On Trees You can get one tall enough to scrape the ceiling or small enough to sit on a table, one that is perfectly shaped or one with the natural look. Whatever the choice, Christmas trees definitely are big business in Arkansas and bring their growers more than a ...

Questionable contender. (columnist John Brummett to write for the Arkansas Democrat)

Dec 17, 1990; Rengers, Carrie ... Questionable Contender At a recent press conference at the Arkansas Democrat, about 50 people squeezed into a conference room with cameras clicking and video tape rolling. Rumors were rampant and media observers wondered if the papers had reached some agreement that might end the ...

Image Checks Inc. (Real Deals) (column)

Dec 17, 1990; Waldon, George ... Image Checks Inc. Image Checks Inc., a check printing business, is moving its sales and marketing office from the 5th floor of the First Federal Plaza to the 2nd floor of the OneBank Building. The move, involving seven staffers, should be ...

Image is everything for state, movie biz. (Arkansas' movie industry)

Dec 17, 1990; Mills, Letha ... Image Is Everything For State, Movie Biz While a new production directory will be a valuable marketing tool for the Arkansas Motion Picture Development Office, there are more important matters to consider if the state hopes to land more film business, according to Yoram Ben-Ami. ...

Penick's problem. (Ed Penick Jr., vice chairman of Twin City Bank)(includes related article)

Dec 17, 1990; Walker, Wythe, Jr. ... Penick's Problem After numerous phone calls and missed meetings, Twin City Bank's Vice Chairman Ed Penick Jr. was finally available for an interview in his Little Rock office. Unfortunately, Penick didn't want to talk about himself, his future plans and the speculation surrounding ...

"Arkansas Nickel" attracts cameras. (Arkansas Motion Picture Incentive Act)(Films)

Dec 17, 1990 ... "Arkansas Nickel" Attracts Cameras In 1983, the Arkansas Legislature passed the Motion Picture Incentive Act, guaranteeing production companies a 5 percent rebate on expenditures of at least $1 million when it is deposited in Arkansas banks and paid to Arkansas residents and ...

After the smoke clears. (newspaper wars in Little Rock, Arkansas)

Dec 17, 1990; Pickett, John C. ... After The Smoke Clears In a recent skit for a United Way fund-raiser, Arkansas Democrat columnist John Robert Starr deviated from the script and, to the delight of the audience, planted a kiss on fellow actor John Brummett. As it turns out, the scene held more ...

Intuition is insurance enough. (Joe Parsons, Jr.; Parsons Cabinet Company Inc.)

Dec 17, 1990 ... Intuition Is Insurance Enough Want to know if you can trust a foreign buyer to pay you for goods shipped overseas? Have him over to stay with you, in your home, for a few days. It worked for Joe Parsons Jr., of Osceola, president of Parsons Cabinet Company Inc. ...

Exporting with assurance. (Arkansas Development Finance Authority program) (How to Export in the 90's)

Dec 17, 1990 ... Exporting With Assurance You don't have to rely on prayers or luck to be sure you get paid for goods shipped overseas. There are more surefire methods available, among them Foreign Credit Insurance, World Traders Data Reports, and Letters of Credit. Export credit ...

Success measured in meters. (POM, Inc., manufacturer of parking meters)

Dec 17, 1990 ... Success Measured In Meters POM, Inc. of Russellville is a familiar exporting success story to some aspiring overseas traders. When a company that has been playing the game, and playing it well, for twenty five years talks about it, we should listen. Because the company ...

Help with export financing: government and bank services available. (Arkansas) (How to Export in the 90's)

Dec 17, 1990; Gibson, Carolyn ... Help With Export Financing Arkansas businesses seeking financing for their exporting efforts can look to government agencies and/or their local bank, though international departments of Arkansas banks range from small to non-existent. The Small Business Administration ...

War costs more than $100 million. (Arkansas newspaper wars)

Dec 17, 1990; Pickett, John C. ... War Costs More Than $100 Million Between 1974 and 1978, Walter Hussman formulated a plan to turn the Democrat into the only surviving newspaper in Little Rock. The plan included: * converting the Democrat from an evening to a morning newspaper; * promotional ...

Here's an idea and a chance for leadership. (suggestion on how to go about educating the voter)(Brumett & Business)

Dec 31, 1990 ... Here's An Idea And a Chance For Leadership I am thinking of a way in which the business community, the political parties, the media, the legal community and various non-profit groups could combine forces to do something good for the state and for democracy. It never ...

Boom or bust.

Dec 31, 1990 ... Boom or Bust Insiders who are keeping an eye on a major league oil drilling race near Danville (Yell Country), say something ought to give within the next sixty days. Arkla, along with about a dozen major oil companies like Texaco and Exxon, has done intensive drilling for the ...

Paying up. (Environmental Transportation, Inc.)

Dec 31, 1990 ... Paying Up Environmental Transportation, Inc. of Little Rock is cleaning up its act after being hit with a $25,000 fine by the state Pollution Control & Ecology. So far, ETI has anted up $10,000 of the fine, agreed to clean up spills on the premises and put itself up for sale. ...

News talk troubles: KARN quiet about estimated annual losses and cost cutting employee turnover.

Dec 31, 1990; Rengers, Carrie ... News Talk Troubles KARN Quiet About Estimated Annual Losses And Cost Cutting Employee Turnover "Is this going to be another Channel 11?" asks Neal Gladner, vice president and general manager at KARN, AM 920. It's the first thing Gladner says when told an ...

Reach out, but keep one hand on wallet.

Dec 31, 1990; Smith, Melody ... Reach Out, But Keep One Hand On Wallet High Cost Of Private Line Leaves Rural Customers Hanging James and Marilyn Wright of East Justice Road in Cabot are finding out that it cost folks who live in the country a little extra to "reach out and touch someone." ...

Going rate for service. (telephone rates in rural areas in Arkansas)

Dec 31, 1990; Smith, Melody ... Going Rate For Service Customers who live in rural areas outside of their telephone company's "base," pay a monthly mileage charge for a private line. Following is a sampling of what some rural customers around the state pay for service: Alltel Arkansas Inc. charges $.70 ...

Northwest nirvana: Champions Club generates $20 million in sales, membership. (Champions Golf and Country Club)

Dec 31, 1990; Steed, Stephen ... NORTHWEST NIRVANA Champions Club Generates $20 Million In Sales, Memberships After years of drawing a good paycheck or cashing in on valuable stock options, some northwest Arkansas residents yearning for a lavish lifestyle might have found their Nirvana. ...

Credit crunch with plenty of cash. (Central Arkansas bankers have $2 billion to loan but commercial bankers are still complaining)

Dec 31, 1990; Walker, Wythe, Jr. ... CREDIT CRUNCH WITH PLENTY OF CASH Central Arkansas Banks Have $2 Billion To Loan But Commercial Borrowers Are Still Complaining As head of First Commercial's commercial lending department, EVP Bob Armstrong is the first to admit that deciding why one commercial ...

Export opportunities, resources better than ever. (third in a series of three reports on export opportunities in Arkansas)

Dec 31, 1990 ... Export Opportunities, Resources Better Than Ever The Third In A Series of Three Reports On Export Opportunities In Arkansas We wrap up this series of articles as we started except for one thing. While we're still overwhelmed by the scope of the subject, we are ...

Intangible trade: Arkansas companies export $700 million in services.

Dec 31, 1990 ... Intangible Trade Arkansas Companies Export $700 Million In Services When people talk of exporting, it's usually with a picture in their minds of crates of goods being loaded on a barge or airplane. We would be remiss if we did not point out in this series of articles ...

Making international connections. (Gemini Manufacturing)

Dec 31, 1990 ... Making International Connections Gemini Manufacturing Exports With Help Of EMC Don Walzer says his company would not have gotten involved in exporting had it not been for the services offered by an export management company. "We're not big enough to have ...

Contracting for help.

Dec 31, 1990 ... Contracting For Help Export Management and Trading Companies An Important Resource Making the decision to export doesn't necessarily mean doing it alone. A company can engage the services of an intermediary firm and save itself a lot of time and effort on the ...

Strutting our stuff: new trade center ready to show off products from Arkansas.

Dec 31, 1990 ... Strutting Our Stuff New Trade Center Ready To Show Off Products From Arkansas The long awaited Mid-South International Trade Center signed a lease in late November for office space and plans to open its doors to greet the world by the first week of January, 1991. ...

Peeking inside the vault.

Dec 31, 1990 ... Peeking Inside The Vault You've heard about State First Financial Corp. in Texarkana recently buying its second Texas bank -- Atlanta National Bank. Here's some info about the deal the dailies didn't tell you. First of all, the transaction involves about $4.7 million ...

Time to buy.

Dec 31, 1990 ... Time To Buy The word being whispered around Dillard's, literally, is that the company will be making a major acquisition in early 1991. The question seems to be, what will Dillard's buy next? Three possibilities we hear mentioned are Macy's, Rich's, and Carter Hawley ...