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 March 1992:

A taxing debate: 'populist' governor's record doesn't match his campaign rhetoric. (Gov. Bill Clinton)

Mar 02, 1992; Webb, Kane ... While campaigning in New Hampshire prior to the nation's first presidential primary last month, Gov. Bill Clinton took a roundhouse right at corporate America. The issue was excessive executive pay. "How can we run a country with a president who's codling people he ought ...

New businesses: a listing of new businesses in Central Arkansas. (Company Profile)

Mar 02, 1992; Harper, Kim ... English Tailors Co. Owners: Adam and Penelope Roberts Address: The Russian Villa, 634 Prospect Ave., Hot Springs, 71901, 321-0963 Start-up date: late 1991 Adam and Penelope Roberts started by purchasing a historic house, The Russian Villa in Hot Springs ....

A writer's bonanza - three paragraphs for $17,500. (controversial payment made to Walt Patterson for revision of medical fee schedule of the Workers' Compensation Commission allegedly influenced by Sen. Nick Wilson)

Mar 02, 1992; Griffee, Carol ... Yet Another State Contract For Walt Patterson Creates Controversy At The Capitol There is a new controversy swirling around Walt Patterson, the former director of the state Department of Human Services who is now a Little Rock-based consultant. The state Workers' ...

Merger mania: will a Worthen-Union combination top the $70 million sales mark? (Worthen Banking Corp.; Union of Arkansas Corp.)

Mar 02, 1992; Waldon, George ... Rumor became reality Feb. 20. It was on that day that officials of two of the state's largest bank holding companies, Worthen Banking Corp. and Union of Arkansas Corp., confirmed that merger talks are under way. A transaction between the Little Rock-based companies could ...

All of the pleasure, none of the guilt? There's a new face at TCBY Enterprises Inc., but lawsuits persist. (Charles Cocotas appointed president and CEO of TCBY Systems Inc.)

Mar 02, 1992; Rengers, Carrie ... In late 1989, Michigan franchisee Steve Sherwood warned TCBY Enterprises Inc. that it was heading for trouble. Now, the Little Rock-based yogurt giant, which is struggling to come back from a $12 million decline in profits in 1991, is paying consultants to tell it the same thing. ...

Working on water: government agencies work together to protect Northwest Arkansas' threatened lakes, rivers and streams.

Mar 02, 1992; Taylor, Tim ... Animal waste is a natural concern in northwest Arkansas. It's natural because of the abundance of poultry, cattle and swine producers in the Ozarks. Despite the huge amounts of animal waste produced annually, only one of the state's 77 largest publicly owned lakes has been ...

Holding their own: bank holding companies perform well again in net earnings per share. (Industry Overview)

Mar 02, 1992; Gibson, Carolyn ... For a second straight quarter, Arkansas' four publicly held bank holding companies dominated the net-earnings-per-share category of the Arkansas Business public company survey. The holding companies ranked first, second, fifth and seventh. Simmons First National Corp. of Pine Bluff ...

Landing R&G Sloane: how did Little Rock reel in 500 jobs and a $25 million plant? (R&G Sloane Manufacturing Company Inc.)

Mar 09, 1992; Waldon, George ... The best employment news to hit central Arkansas in years began with a simple telephone call to the Little Rock offices of the Arkansas Industrial Development Commission. Dick Heil, industrial project manager at AIDC, fielded the routine inquiry from a Los Angeles consulting firm. ...

A listing of new businesses in Central Arkansas. (New Businesses)

Mar 09, 1992; Harper, Kim ... Futurevisions Co-owners: Paul Hodge and Jeffery Hokett Address: 220 N. Willow St., North Little Rock, 72114, 374-0514 Start-up date: Jan. 21 Paul Hodge says he and his partner, Jeffery Hokett, are offering the public an alternative to cable television. ...

Taking flight. (liberal economic policies benefiting the aerospace industry)(includes related articles)

Mar 09, 1992; Webb, Kane ... The Legislature Supplies A New Round Of Corporate Tax Breaks, This Time Aimed At Attracting Aerospace Industries The setting last week was the governor's conference room on the second floor of the state Capitol. The news was good. Lt. Gov. Jim Guy Tucker, filling ...

Never sounded better: Klipsch & Associates Inc. of Hope introduces two more lines of speakers. (stereo speakers) (Company Profile)

Mar 09, 1992; Harper, Kim ... There's a musical at Radio City Music Hall in New York. What does the audience hear? According to Woody Jackson, the audience hears "symphonic sound" created by speakers made at Hope. Jackson, the president of Klipsch & Associates Inc. since 1988, says Klipsch ...

Rediscovering the waterways: more Pine Bluff industries are turning to the Arkansas River.

Mar 09, 1992; Harper, Kim ... One of the oldest forms of transportation is being rediscovered in southeast Arkansas. In 1991, Pine Bluff-Jefferson County Port Authority facilities were the busiest they had been in five years, according to Wallace Gieringer, the authority's executive director. The value ...

Paving Arkansas: a year after passage, a $2.5 billion program is beginning to pay off. (Raising Steel: Focus on Construction, Part I)

Mar 16, 1992; Waldon, George ... The auditorium was packed, and the mood was expectant. The site was the Arkansas Highway and Transportation Department headquarters in southwest Little Rock. The date was Jan. 22. Contractors crowded in to see who would get a piece of the largest letting by the ...

Missing the mark. (analysts' forecasts of Arkansas Freightways Corp.'s earnings fall short of actual earnings)

Mar 16, 1992; Webb, Kane ... Analysts Were Off On Earnings Projections For Arkansas Freightways Corp.; Here's Why When Arkansas Freightways Corp. announced its 1991 earnings per share, more than a few eyebrows were raised in the investment community. The earnings were $1.21 per share, down from $1.33 ...

The verdict is in: female attorneys consistently earn less than their male counterparts in Arkansas.

Mar 16, 1992; Rengers, Carrie ... A prominent attorney with a Little Rock firm is said to have referred repeatedly to his female clerk as "little lady." The clerks says she asked the attorney to call her by her name, but he ignored the requests. Is that discrimination? The attorney denies having ...

Building for the future: having dodged the recession, Arkansas contractors optimistic about 1992. (Raising Steel: Focus on Construction, Part 1) (Industry Overview)

Mar 16, 1992; Webb, Kane ... It is difficult to convince Arkansas commercial contractors there is a recession. The numbers indicate the state's construction industry may have weathered the latest economic storm. And contractors say the industry's growth markets -- educational facilities, hospitals, ...

Go Fish: Tommy Fish proves a good catch for AGC. (Associated General Contractors of America Inc.) (Raising Steel: Focus on Construction, Part 1)

Mar 16, 1992; Rengers, Carrie ... The first thing that strikes you about Tommy Fish, the new executive director of the Arkansas chapter of Associated General Contractors of America Inc., is that he looks like Gov. Bill Clinton. Except for his nose, which is less bulbous than Clinton's, Fish's facial features are the ...

Constructive legislation: special session keeps ACIC busy. (Arkansas Construction Industry Council) (Raising Steel: Focus on Construction, Part 1)

Mar 16, 1992; Rengers, Carrie ... When Bob Tyler, president of Nabholz Construction Corp. at Conway, formed the Arkansas Construction Industry Council in 1989, his goal was to unite the state's construction organizations. Now, whenever issues affecting the industry come up, "we're not going off in 10 or 12 ...

Consumer concern: Arkansans are more concerned about the national economy than they are about the state's. (consumer survey)

Mar 16, 1992; Taylor, Tim ... Most of the Arkansans polled in the latest Arkansas Consumer Sentiment Survey said their financial status will be no worse at this time next year. The quarterly survey was conducted Feb. 12-19 by the Arkansas Institute for Economic Advancement and the Arkansas Institute of ...

The final chapter? Little Rock's Camelot Hotel files Chapter 11 bankruptcy.

Mar 16, 1992; Rengers, Carrie ... When Mohan Mehta purchased downtown Little Rock's failing Camelot Hotel for $2.5 million on July 10, he also bought newspaper advertisements featuring himself and his wife in what they described as their "curtsy" to Little Rock. On Jan. 23, Mehta filed for reorganization under ...

Trying to rebound: Arkansas catfish farmers attempt to take advantage of new markets.

Mar 16, 1992; Harper, Kim ... In 1991, 400 million pounds of catfish were sold for more than $200 million nationwide. Those figures placed the catfish just behind salmon, shrimp and crabs when it comes to Americans' fish favorites. That was the good news. The bad news was that overproduction depressed ...

The next boom? Reynolds Metals Co. to invest $50 million in Clark County.

Mar 16, 1992; Harper, Kim ... In the 1960s, Reynolds Metals Co. of Richmond, Va., pioneered aluminum recycling. Reynolds recently became a major recycler of plastics through a subsidiary, Presto Products Co. The company, purchased by Reynolds in 1988, produces plastic bags, food wrap and stretch film. ...

Making the most of Morrilton: insurance monitoring company named Shell Oil's top supplier. (American Management Corp.)

Mar 16, 1992; Taylor, Tim ... What was a California native doing at Hendrix College in Conway? Better yet, what is a nationally recognized insurance firm doing in Morrilton? The answers to both questions are easy, according to Steve Strange, president and chief executive officer of American Management ...

An uncertain future: future-Little Rock's steering committee tackles LR problems: is it worth the price? (includes related articles)

Mar 29, 1992; Rengers, Carrie ... Future-Little Rock is an extraneous concept to most Little Rock residents. A 3-month-old steering committee is directing the goal-setting and strategic planning program for the state's largest city. But that committee's actions have had little effect on Little Rock. ...

Starting over at 47: Phil Carter tackles a new challenge at I Care. (president and chief operating officer of I Care Cos.)

Mar 29, 1992; Rengers, Carrie ... R.P. "Phil" Carter, 47, appears to be a genteel Southerner. In other words, he's not the type of man one would expect to be embroiled in a controversy. The former president of Conway's Acxiom Corp. handles questions about his departure last fall with accommodating ease ....

Premium price: rising workmen's compensation costs nail contractors. (includes related articles) (Raising Steel, part 2) (Industry Overview)

Mar 29, 1992; Waldon, George ... Workmen's compensation insurance is considered the least profitable line of business for carriers. It also generates the highest administrative costs for insurers. This combination is forcing construction companies to pay a high cost for coverage -- if coverage can be ...

Building on the border: Siloam Springs is home to a multimillion-dollar construction project list. (City of Siloam Springs, Arkansas; industrial construction projects) (Raising Steel, part 2) (Industry Overview)

Mar 29, 1992; Waldon, George ... Siloam Springs is about as far northwest as you can go in Arkansas. But it is a center of construction activity. The city of 8,151 residents on the Oklahoma border saw building permits for $7.63 million of construction work issued last year. There was supposed to ...

Safety never suffers: Conway construction company dedicated to the idea of avoiding accidents. (Nabholz Construction Co.) (Raising Steel, part 2)

Mar 29, 1992; Taylor, Tim ... The words "construction" and "safety" are hardly synonymous. But at Conway's Nabholz Construction Corp., officials make an effort to see that they go hand in hand. In 1990, there were 2,100 work-related deaths in the U.S. construction industry, according to the National ...

Building a better image: construction industry promotes training programs in an attempt to avoid labor shortage. (Associated General Contractors of America Inc.) (Raising Steel, part 2)

Mar 29, 1992; Harper, Kim ... The construction industry is facing a major challenge -- building a better image. Recent studies reveal that young people nationwide have little interest in construction careers. Why? They perceive construction workers as poorly paid manual laborers who "lack ...

Reviving the boom: El Dorado's revitalized downtown has 96 percent occupancy rate. (commercial buildings) (Across Arkansas)

Mar 29, 1992; Harper, Kim ... Six years ago, Elizabeth and Mike Eggleston of El Dorado made a major move. The two business owners relocated their specialty shop, Kitchens & Baths, from a proven location to El Dorado's downtown square. Why was the move significant? It helped set the stage for ...

Hammering out a business: Stone County Ironworks hopes to expand European sales. (Stone County Ironworks Co.) (Across Arkansas: Southwest) (Company Profile)

Mar 29, 1992; Taylor, Tim ... David Mathews of Stone County Ironworks always is looking for new markets. These days, Mathews is looking to Europe. Mathews, the founder and chief executive officer of the Mountain View iron products company, spent last week on a marketing expedition to Germany. He says ...

Going public: Burlington Industries Inc. ready to return to Wall Street. (Across Arkansas: Southeast)

Mar 29, 1992; Harper, Kim ... Burlington Industries Inc., the largest employer in Monticello, is going public again in an attempt to extinguish long-burning debt. A reorganization plan filed with the Securities and Exchange Commission would allow Burlington to issue 57 million shares of common stock at an ...

In our back yard: J.B. Hunt Transport Services remains a good buy after all these years. (Stock Talk) (Company Profile)

Mar 29, 1992; Parnell, Michael ... Peter Lynch once wrote that some of the best buys are in your back yard. Let's face it. J.B. Hunt Transport Services Inc. of Lowell is a name common to almost every Arkansan. But how many Arkansans actually own J.B. Hunt stock? Hunt founded the company in 1962. ...

Arkla Inc. (Proxy Report Excerpts) (Company Profile)

Mar 29, 1992 ... Arkansas Investor Company Spotlight Company: Arkla Inc. Ticker: ALG Industry: Natural Gas Headquarters: Little Rock CEO: Thomas F. McLarty Profile This integrated natural gas company is engaged in the transmission, distribution, exploration and production of ...

The S&L witch-hunt: officers, directors of Arkansas thrifts feeling Resolution Trust Corp.'s sting.

Mar 30, 1992; Webb, Kane ... Jeanne Anthony was co-owner of the Anthony Schools in Little Rock and Pine Bluff. The schools bill themselves as places where the "best and brightest" receive an education. Anthony is affectionately known as Miss Jeanne. For a decade, Miss Jeanne served as a ...

Making waves: Boatmen's Bancshares enters Arkansas waters in a $29 million deal.

Mar 30, 1992; Waldon, George ... On March 20, one of the largest banking holding companies in the country officially made its entry into Arkansas. Executives from Boatmen's Bancshares Inc. of St. Louis and Superior Federal Bank of Forth Smith met in St. Louis to complete a $29 million deal. With a flurry ...

Good as gold: the timber industry celebrates a birthday at Crossett and Fordyce. (Crossett Company Inc.; Fordyce Co.) (Across Arkansas)

Mar 30, 1992; Harper, Kim ... The pine tree often is referred to as the gold of south Arkansas. The dense forests that dominate the Gulf Coastal Plain also dominate the region's economy. Towns in Ashley, Cleveland, Dallas and other south Arkansas counties came about because of the timber industry and ...

Up from the ashes: American Cedar Inc. A product of 1986 fire. (Across Arkansas) (Company Profile)

Mar 30, 1992 ... A 1986 fire that destroyed a large part of Mid-America Products Inc. at Hot Springs sparked the beginning of Julian McKinney's cedar products business, American Cedar Inc. McKinney recently was selected as the Small Business Administration's Arkansas Small Business Person Of The ...

A cable controversy: Fayetteville awards public-access contract to a new organization. (Across Arkansas)

Mar 30, 1992; Taylor, Tim ... The controversy over public-access television in Fayetteville may have reached a climax. On March 17, the Fayetteville Board of Directors awarded the contract to operate cable Channel 4 to Access 4 Fayetteville. The non-profit organization will provide public-access services for the ...

An Ozark inventor: Sharp County magnet manufacturer turns to pollution-free vehicles. (Les Adam of AZ Industries Inc.) (Across Arkansas)

Mar 30, 1992; Taylor, Tim ... Les Adam was convinced something needed to be done. After hearing a National Aeronautics and Space Administration scientist's gloomy declaration in 1985 that mankind's only chance of survival was to learn to breathe tainted air, Adam began searching for alternatives. ...

R&G Sloane makes Little Rock home: a special look at what attracted the plastic pipe manufacturer to the city.

Mar 30, 1992; Waldon, George ... Manufacturer Comes To Little Rock With 500 Jobs And A $25 Million Plant With the coming of an early spring in 1992, Little Rock also enjoyed another sort of rejuvenation -the announcement that it would get one of its biggest economic boosts in years. R&G Sloane Co. of Sun ...

Lots of activity at LR Port now: with infrastructure in place, industry is coming again. (Little Rock)

Mar 30, 1992; Nelson, Rex ... Bob Brave, the Little Rock Port Authority's executive director sees the port complex as having everything going for it: * Water -- The McClellan-Kerr Arkansas River Navigation System, one of the federal government's last massive capital improvement programs before the pork ran out, ...

LR Chamber targets Southern California: offers Arkansas as alternative to pressured West Coast business climate. (Greater Little Rock Chamber of Commerce)

Mar 30, 1992; Donald, Leroy ... California, particularly Southern California with its year around good climate and wide open space, was the land of milk and honey for decades. Now the milk is souring slightly and the honey is getting too sticky. And Arkansas is going after those who have decided to leave, ...