Arkansas Business back issues from April 1992:
Crisis in the schools: consolidation might be PCSSD's only alternative if tax increase fails. (Pulaski County Special School District)
Apr 06, 1992; Webb, Kane ... The doors were locked last week at the administrative offices of the Pulaski County Special School District. It was spring break. That used to mean students played while administrators pushed pencils. Not this year. It was decided it would cost too much ...
The corporate load: Arkansas' corporate tax load is about average when compared with other states.
Apr 06, 1992; Webb, Kane ... The state Department of Finance and Administration's Office of Economic Analysis and Tax Research recently issued a revenue summary. Under the category dealing with corporate income tax collections was this: "Corporate income tax revenues |net of refunds~ are now declining at an ...
Branching out: if the Worthen-Union merger occurs, 18 Pulaski County bank branches could be up for grabs. (Worthen Banking Corp.; Union of Arkansas Corp.)
Apr 06, 1992; Waldon, George ... The central Arkansas banking market remains in a state of flux following the collapse of the savings and loan industry. The Resolution Trust Corp. recently sold $1.3 billion in deposits from 51 branch locations operated by Home Federal Savings Association of Kansas City, Mo. ...
Pieces of the pie: the Janet Jones Co. has the biggest slice of the $143 million Little Rock housing market.
Apr 06, 1992; Waldon, George ... Dozens of real estate firms compete in the Little Rock residential market. But the playing field traditionally has been dominated by a handful of companies. Those firms keep internal tabs on who has the biggest slice of the pie. Who's No. 1 these days? That ...
The American dream: competition doesn't keep Arkansas' advertising entrepreneurs from starting their own shops. (Industry Overview)
Apr 06, 1992; Rengers, Carrie ... "When I made the decision, it was the equivalent of jumping off a 20-story building headfirst." That's how Carol Davis describes going into business for herself after working at other advertising and public relations firms for 17 years. Davis and a longtime friend, Joe ...
Call my lawyer: when Little Rock advertising agencies split, the attorneys often profit. (Industry Overview)
Apr 06, 1992; Rengers, Carrie ... In the beginning there was S.M. Brooks. At least that's the way Little Rock's veteran advertising executives tell it. S.M. Brooks was the advertising agency that spawned other agencies. Those agencies spawned firms of their own, eventually leading to a highly competitive ...
A rocky year: breakups and stiff competition highlighted advertising industry in 1991. (Industry Overview)
Apr 06, 1992; Fleisch, Shelley ... Arkansas' advertising sector will remember 1991 as a year marked by a national recession, the breakup of two of the state's largest agencies and the end of a 13-year newspaper war. Nationally, clients treated advertising as an expense to be carefully analyzed and justified. ...
Back on track: production picks up at Cooper Tire & Rubber Co.'s Texarkana plant following a slow 1991.
Apr 06, 1992; Harper, Kim ... With 1,600 employees, Cooper Tire & Rubber Co. now manufactures 38,000 radial passenger tires per day at Texarkana. The facility accounts for 25 percent of the company's $1 billion in annual sales. Texarkana Chamber of Commerce President Robert E. "Swede" Lee says Cooper, ...
Moving to the Morning: there's a new newspaper war, and this time it's in Northwest Arkansas. (The Morning News; Northwest Arkansas Times)
Apr 06, 1992; Taylor, Tim ... Call it "The Newspaper War: Part II." Fans of the Little Rock newspaper war, which ended Oct. 18 when Arkansas Democrat Publisher Walter E. Hussman Jr. purchased the assets of the Arkansas Gazette and combined the two newspapers, can look to northwest Arkansas for the latest ...
So long, Sam: Sam Walton became working-class hero, retailing billionaire. (Wal-Mart Stores Inc. founder dies of cancer) (Sam Walton: 1918-1992) (Obituary)
Apr 13, 1992; Waldon, George
On the rebound: Arkansas' unemployment figures show state moving ahead while parts of the country remain stagnant.
Apr 13, 1992; Taylor, Tim ... Arkansas continues to shake off the shackles of recession more easily than most other states. That is evident in recent unemployment figures from the state Employment Security Division. An unseasonably mild winter allowed construction and agricultural workers to ply their trades in ...
'Call me Sam'; snapshots from the life of a business giant. (Sam Walton, founder of Wal-Mart Stores Inc.) (Sam Walton: 1918-1992) (Obituary)
Apr 13, 1992 ... March 29, 1918: Samuel Moore Walton is born in Kingfisher, Okla., the first child of Thomas and Nancy Walton. The couple's second son, James L. "Bud" Walton, is born three years later. The family moves from Kingfisher in 1923. During the next 10 years, the Waltons live in four Missouri ...
Wal-Mart after Walton. (Wal-Mart Stores Inc; Sam M. Walton)(includes related article on Wal-Mart Stores Inc.'s executives) (Sam Walton: 1918-1992) (Company Profile)
Apr 13, 1992; Rengers, Carrie ... Its Founder Is Gone, But Analysts Expect A Bright Future For Wal-Mart Retail analysts say Wal-Mart Stores Inc. founder Sam Walton was one of a kind. American retailing, they say, won't be the same without him. In the same breath, however, they are quick to predict ...
Her honor. (Arkansas Mayor Melinda Baran promotes the city to tourists) (Selling Arkansas, part 1)
Apr 13, 1992 ... Hot Springs' Outspoken Mayor Looks For Ways To Attract More Tourists -- Even Foreign Ones Rome. Paris. Milan. Hot Springs? Don't laugh. Long recognized for its therapeutic waters and natural beauty, Hot Springs is trying to join the ...
Competing for conventions. (Arkansas' hotels and motels) (Selling Arkansas, part 1) (Industry Overview)
Apr 13, 1992; Harper, Kim ... Meetings Account For As Much As 70 Percent Of The Profits For Some Arkansas Hotels It is easy to recognize conventioneers. Name tags adorn their lapels. Their arms are loaded with pamphlets. They scurry about the hotel lobby, glancing at their watches, ...
Traveling Arkansas. (tourist industry continues to grow despite the recession) (Selling Arkansas, part 1) (Industry Overview)
Apr 13, 1992; Fleisch, Shelley ... There's A Recession, But The Natural State's Tourism Sector Continues to Grow While the country as a whole posted a marginal 4.1 percent increase in travel expenditures last year, expenditures in Arkansas increased 7.7 percent. A record 16.3 million visitors passed through ...
Joining forces: metalworkers increase competitiveness through industrial network. (Metalworking Connection Inc.)
Apr 13, 1992; Harper, Kim ... One way for small companies to improve competitiveness and marketing services is through networks. Such companies usually cannot afford full-time quality improvement and marketing staffs. Networks allow them to join forces and solve common problems. The Metalworking ...
A recipe for growth: Bradley County hopes to spark industrial growth with $1.25 million project. (Bradley County Industrial Development Corp. to construct a building)
Apr 13, 1992; Harper, Kim ... For the past two years, Mollie's at Warren has served breakfast to members of the Bradley County Industrial Development Corp. each Monday at 7 a.m. Over pancakes and coffee at the restaurant, BCIDC members discuss the county's future. Big plans are cooking at the diner. ...
Blowing the doors off: West Memphis trucking operation stays in touch with its drivers. (Schneider National Carriers' no-doors policy)
Apr 13, 1992; Taylor, Tim ... Schneider National Carriers has taken the open-door policy one step further. Its massive West Memphis trucking operation has a no-doors policy. A recently completed expansion, which cost $6 million, gave the complex additional office space, a cafeteria, a lounge area and an ...
Dillard's. (Proxy Report Excerpts) (Company Profile)
Apr 13, 1992 ... Arkansas Investor Company Spotlight Company: Dillard Department Stores Inc. Ticker: DDS Industry: Retail Headquarters: Little Rock CEO: William Dillard Sr. Profile Dillard's operates about 200 conventional department stores located primarily in the Southwest and ...
Wet and dry: tiptoeing through the liquor laws in Arkansas is no happy hour. (includes related article on Alcoholic Beverage Control violations)
Apr 20, 1992; Webb, Kane ... If nothing comes of an FBI investigation into the issuance of liquor permits in Texarkana, the headline-making mischief in Miller County could make for a good made-for-television movie script. It has the juicy elements: alleged public corruption, the Feds snooping around, alleged ...
A triumph over secrecy. (Shelby Frost's struggle for public school boards to open meetings to the public)
Apr 20, 1992; McCord, Robert S. ... Waldron School Board Member Shelby Frost Boldly Took Her Peers To Court In An Attempt To Open Meetings To The Public The battle for government in the open in Arkansas has a new heroine. She is Shelby Frost, 47, a member of the Waldron School Board who challenged her colleagues on ...
Where does the money go? Parks and Tourism has a $5 million plan. (Arkansas's Parks and Tourism Department)
Apr 20, 1992; Rengers, Carrie ... In 1989, the Arkansas Department of Parks and Tourism traded an old problem for a new headache. But to hear Executive Director Richard Davies talk, it was worth it. Until 1989, the department languished without the funds it needed to generate more interest and dollars in the state ....
Preserving history: manager of two historic Hot Springs hotels continues renovation and restoration. (Southwest Hotels Inc.; Arlington Resort Hotel & Spa; Majestic Resort-Spa)
Apr 20, 1992; Harper, Kim ... Since 1875, the Arlington Resort Hotel & Spa has been an integral part of life in Hot Springs. Shirley Abbott, a Hot Springs native who recounted her childhood memories in a 1991 article for Smithsonian, remembers the Arlington as a "stately" edifice that "towered over the town like ...
Open wide: Hot Springs manufacturer discovers the market for dental instruments is wide open to new products. (Gaston Medical Instruments Inc.) (Company Profile)
Apr 20, 1992; Harper, Kim ... A new company in Hot Springs is revolutionizing the dental instruments industry. Gaston Medical Instruments Inc. designs and manufactures disposable dental instruments. The company has attracted more than 50 regular clients since it began operations last September ....
Practicing what they preach: Fort Smith companies honored for business tactics. (Harry G. Barr Co., Spurling Fire & Burglar Alarm Co.)
Apr 20, 1992; Taylor, Tim ... Two Fort Smith companies recently were recognized for their innovative business practices -- practices that they will be sharing soon with the rest of the country. The Harry G. Barr Co. and Spurling Fire & Burglar Alarm Co. received word March 20 that they had been chosen as state ...
A plan for progress: Pine Bluff's partners in progress sponsors city improvement campaign, enlists community support. (Greater Pine Bluff Chamber of Commerce; Jefferson County Industrial Foundation)
Apr 20, 1992; Harper, Kim ... In the spring of 1988, the Jefferson County Industrial Foundation and the Greater Pine Bluff Chamber of Commerce joined forces to sponsor a community and economic development campaign. They called it Partners in Progress. It's been an instant success, motivating more than 300 ...
The conscience of Arkansas: PB's Paul Greenberg is raising his profile with move to capital. (Pine Bluff)(includes related excerpts from Greenberg's columns and editorials)
Apr 27, 1992; Rengers, Carrie ... When a relative asked Sarah Greenberg what her college-aged son wanted to do with his life, she replied, "He wants to be a scribbler." The word was her Yiddish translation of "writer." Although it wasn't meant to be derogatory, it was taken that way. "A ...
The annual meeting. (Wal-Mart Stores Inc.)
Apr 27, 1992; Kinzel, Bruce ... All one had to do was attend an annual meeting of Wal-Mart Stores Inc. shareholders to get a sense of the genius behind the company. Sam Walton was rich. Sam was a retail wizard. But above all, Sam knew what was important if he was ever going to make a buck in the ...
Arkansas picks: Alltel Corp. and Worthen Banking Corp. top the list of quarterly favorites. (Arkansas Business Quarterly Investment Round Table, part 1) (Panel Discussion)
Apr 27, 1992 ... This is the first in a series of quarterly round tables during which brokers and analysts discuss publicly held companies based in Arkansas. The panelists who met earlier this month were Michael Parnell, vice president of investments in the Little Rock office of PaineWebber Inc.; ...
Untapped potential: regional associations try to claim their share of Arkansas' $2.5 billion tourism industry. (Selling Arkansas, part 3)
Apr 27, 1992; Harper, Kim ... When Jim Hankins became tourism development manager for the state Department of Parks and Tourism in 1989, he had one goal -- convincing Arkansas communities of their tourism potential. "I once visited a small east Arkansas town for a meeting," Hankins says. "I pulled into a gas ...
Beating the odds. (Oaklawn Park's race track) (Selling Arkansas, part 3) (Industry Overview)
Apr 27, 1992; Webb, Kane ... While The Rest Of The Industry Struggles, Oaklawn Park At Hot Springs Continues To Post Winning Numbers It trained sporadically on the more than 67,000 fans who squeezed into Oaklawn Park at Hot Springs for the season-ending Arkansas Derby. A heavy thunderstorm hit not long ...
Flying into Fort Smith. (Fort Smith Municipal Airport)
Apr 27, 1992; Taylor, Tim ... Its Airport Has Plenty Of Runway, But Fort Smith Soon May Have Competition From A Regional Facility The longest commercial runway in Arkansas is at Fort Smith. That might come as a surprise. What might be an even bigger surprise is that even though the Fort Smith ...
Business is heating up: Pocahontas company breaks new ground with its heating-cooling system. (Hdyro-Temp Corp.) (Company Profile)
Apr 27, 1992; Taylor, Tim ... Mike Jones claims to have an advantage over his competition. "We're not playing on a level field," says the president of Hydro-Temp Corp. The Pocahontas firm produces what are known as earth-coupled heat pumps. There are major differences between a normal heat pump, used to ...
The best of both: Pine Bluff plant combines manufacturing practices of United States and Korea. (Y.G-1 Tool Co.) (Company Profile)
Apr 27, 1992; Harper, Kim ... One of the world's largest producers of metal-cutting tools has chosen Pine Bluff as the site for its first United States production facility. Y.G-1 Tool Co., based in Incheon, Korea, will invest $1 million in a plant that will manufacture industrial end mills, which are used by ...
Tired of waste: smackover company converts waste tires into marketable products. (Mid-South Reclamation Industries Inc.) (Company Profile)
Apr 27, 1992; Harper, Kim ... On April 2, 1991, Mid-South Reclamation Industries Inc. of Smackover gave new meaning to the phrase "burning rubber." Mid-South had begun recycling used and defective tires in August 1989. The company grinds and processes tires into marketable products such as fuels and rubber turf ...
Convention and corporate meeting planner. (Arkansas' convention facilities)(includes related articles)
Apr 27, 1992; Simmins, Hallie ... Arkansas offers the geography and facilities for meetings or conventions of every kind -- from secluded retreats on sparkling lakes to wilderness cabins on mountaintops to bustling hotels in the city. Activities range from scuba diving in a wet suit and flippers to trout fishing in waders to ...
