Arkansas Business back issues from June 1992:
Saving rural Arkansas.
Jun 01, 1992; Rengers, Carrie ... 20 Percent Of Arkansans Work For Manufacturers: Do They Have A Future? It's a dreary Tuesday afternoon following a cloudy Memorial Day weekend. The people filing into the Silver Knight room in downtown Little Rock's Camelot Hotel complain that it feels more like a Monday ...
Partee time in Magnolia: "Cal" Partee made his money in oil, lumber and banking.
Jun 01, 1992; Webb, Kane ... It's the day after the Preakness Stakes, 15 days after the Kentucky Derby. For thoroughbred racing fans, the "now" horse is Pine Bluff, an Arkansas-owned colt who captured the second jewel of the Triple Crown at Baltimore's Pimlico Racecourse. Kentucky Derby winner Lil E ....
Hitting the heights: neighborhood's banks a mixture of the old and the new. (Inside Banking in Arkansas) (Industry Overview)
Jun 01, 1992; Taylor, Tim ... Pulaski Heights is Little Rock's oldest suburb. It was created in 1891 when a group of land developers purchased 800 acres for $80,000 in an attempt to escape downtown congestion. The area that has come to be known simply as the Heights grew quickly. The Heights had a ...
The little bank that could: First Community Bank of Conway making money after only four months. (Inside Banking of Arkansas) (Company Profile)
Jun 01, 1992; Waldon, George ... Proponents of a new Conway bank were up to their ears in regulatory red tape at this time four years ago. They had spent almost a year trying to get Faulkner County National Bank off the ground. The venture was beset by strong opposition from competitors and mistakes by its ...
Arkansas' best: more than 100 Forbes, Fortune 500 companies have Arkansas ties.
Jun 01, 1992; Fleisch, Shelley ... General Electric Co., No. 5 on the Fortune 500, was the highest-ranked company with operations in Arkansas, according to the magazine's latest ranking. GE, based in Fairfield, Conn., ranked first on Forbes' "Super 50." That is the list of the Forbes 500 companies with the highest ...
As easy as rolling off a log: log home builders say updated dwellings are both pretty and practical. (River Oak Log Homes Inc.)
Jun 01, 1992; Taylor, Tim ... Everyone thinks he knows what a log cabin looks like. Log cabins are supposed to be misshapen dwellings, made of rough-hewn timber and mud, with dirt floors and windows that are nothing more than holes hacked out of the walls. Think again. The products of River ...
Computerizing the big rigs: Stuttgart's Harold Ives Trucking Co. installs latest communications technology.
Jun 01, 1992; Harper, Kim ... The last thing most people would expect to find in a tractor-trailer rig is a computer. But that's what you will find in trucks owned by the Harold Ives Trucking Co. of Stuttgart. The new computer system is the latest in vehicle communications. CoveragePLUS, the ...
For the soil's sake: Terra International at Blytheville is working for farmers and the environment.
Jun 01, 1992; Taylor, Tim ... The term "dry flowable" might seem like an oxymoron, but to Charlie Shive it makes perfect sense. Terra International Inc., based at Sioux City, Iowa, is one of the nation's leading producers of fertilizer, seeds and other agricultural service products. Shive, 48, manages ...
A successful equation: Poulan Industries continues impressive growth at Nashville plant.
Jun 01, 1992; Harper, Kim ... A company with operations at Nashville has found the equation for success. Employee and customer satisfaction, a waste management program and in-state purchasing of parts and supplies are elements that have produced a 15 percent annual growth rate for Poulan Industries. ...
Texarkana's hometown boy: down on the border, billionaire Ross Perot is a living legend. (includes related article)
Jun 08, 1992; Webb, Kane ... The boyhood home of Henry Ross Perot is an undistinguished, though well-kept, one-story brick dwelling on the Texas side of Texarkana, just blocks from the Arkansas state line. A visitor driving down shady Olive Street, where the house sits at the corner of 29th Street, would not ...
More home work: office product sales are booming as workers stay home for a living. (home labor in Arkansas)
Jun 08, 1992; Waldon, George ... Offices across Arkansas and the country may never be the same again as a revolution continues to reshape the business world. The advent of facsimile machines, computer modems and other affordable communication links are giving some employees the flexibility to work out of their own ...
A partnership goes to waste: Jefferson County and Waste Management of North America Inc. form the state's first private-public landfill partnership.
Jun 08, 1992; Harper, Kim ... When the Arkansas subsidiary of Waste Management of North America Inc. ran out of room at its Pine Bluff landfill, Jefferson County officials were quick to propose a solution. Why not join forces, close the Waste Management site and the landfill operated by the county, and build a ...
Public improvement: most of Arkansas' publicly held companies improve or hold their own in most recent quarter.
Jun 08, 1992; Fleisch, Shelley ... Most Arkansas-based publicly held companies had good news for shareholders in their most recent quarterly reports. Wal-Mart Stores Inc. of Bentonville reported a 26 percent increase in net earnings per share for the quarter that ended April 30, compared with the first quarter of ...
Can Reynolds save DHS?: former hospital CEO taking the helm at troubled state agency. (Jack Reynolds, new director of Arkansas Department of Human Services)(includes related article on the negotiation between Gov. Bill Bowen and Jack Reynolds)
Jun 15, 1992; Webb, Kane ... Before Jack Reynolds accepted the job as director of the state Department of Human Services, he sat down and read a month's worth of press clippings concerning the troubled agency. He still took the job. Reynolds' friends and former associates were shocked. Isn't ...
Trying times: readers, advertisers have varied opinions following six issues of the weekly Arkansas Times.
Jun 15, 1992; Rengers, Carrier ... "The only thing wrong with this paper is that it doesn't come out every day." That is what Alan Leveritt, president of the Arkansas Writers' Project Inc., says he is hearing about the new weekly Arkansas Times. Leveritt founded the Union Station Times in September 1974 when ...
New kid on the block: Thomas Feurig takes over as chief executive officer at Little Rock's St. Vincent Infirmary Medical Center.
Jun 15, 1992; Webb, Kane ... In the cafeteria line at Little Rock's St. Vincent Infirmary Medical Center, Thomas Feurig puts down his tray to introduce himself to a doctor in green surgical garb. "And what do you do?" the doctor asks the tall, blond-haired man with the boyish, unfamiliar face. "I'm ...
Mckay & Co. heads the list: Little Rock real estate firm tops Real Estate Central of North Little Rock as Pulaski County's first-quarter residential leader. (Residential Real Estate) (Industry Overview)
Jun 15, 1992; Waldon, George ... The residential real estate market in Pulaski County generated more than $59 million in single-family home sales during the first three months of 1992. McKay & Co. of Little Rock edged out Real Estate Central of North Little Rock for the top spot in the first quarter. The two firms ...
Driving to the green: Chenal Valley scores lot sales worth $14 million in West Little Rock. (Residential Real Estate)
Jun 15, 1992; Waldon, George ... The pounding of hammers and the whir of golf carts makes pinpointing the hot spot of upscale residential building activity in Little Rock easy. Covering 2,500 acres, Chenal Valley is touted as the largest private land development ever undertaken in the state. An 18-hole ...
Too much of a good thing?: A $20 million retail project is on the drawing board for West Little Rock. (Residential Real Estate )
Jun 15, 1992; Waldon, George ... A proposed 300,000-SF to 350,000-SF shopping center in west Little Rock has been greeted with a precedent-setting wave of support. No one can remember such a large rezoning request going before the Little Rock Planning Commission without someone speaking out against it. ...
Selling Central Arkansas: Arkansas may be the only place that's a buyer's market.
Jun 15, 1992; Fleisch, Shelley ... The national housing sector may have been depressed in 1991, but in central Arkansas and most of the state, the residential real estate market continued to make gains. Despite the drop of interest rates on conventional 30-year, fixed-rate mortgages to their lowest levels in a ...
Greening Little Rock: Ernest Green Story could mean $750,000 for Central Arkansas economy. (movie production)
Jun 15, 1992; Rengers, Carrie ... Muskie Harris, the 1990 Republican nominee for lieutenant governor, sits crouched in a doorway at 1121 Pulaski St. in Little Rock. He's in clergyman's dress. Does the white collar signify another new direction in the life of the property manager for J.M. Realty Co.? ...
An area preview: Fayetteville publisher promotes Northwest Arkansas attractions in new magazine. (Tom Brennan publishes 'Northwest Arkansas Preview')
Jun 15, 1992; Taylor, Tim ... Almost 1.2 million tourists visited Washington and Benton counties in 1990. They spent $176 million. Tom Brennan is well aware of the area's popularity, and he has some ideas about how tourists can spend their money. Brennan is the one-man staff behind Northwest ...
By leaps and bounds: Simmons First National Corp. restructuring to facilitate further growth.
Jun 15, 1992; Harper, Kim ... Simmons First National Corp. of Pine Bluff is growing by leaps and bounds. The 90-year-old financial institution recently announced first-quarter earnings of $1.5 million. That's a 69.5 percent increase over the same period for 1991. Simmons First National Bank of Pine ...
Hernando says 'gracias': Hot Springs awards honor outstanding tourism advocates. (Hot Springs Advertising and Promotion Commission presents the Hernando Awards)
Jun 15, 1992; Harper, Kim ... Outstanding television achievements are honored with Emmy Awards, presented by the National Academy of Television Arts and Sciences. Outstanding motion picture achievements are honored with Oscars, presented by the Academy of Motion Picture Arts and Sciences. In southwest ...
Merging interests: Worthen negotiations with Union nearing completion; Price Could Be $100 Million. (Worthen Banking Corp.; Union of Arkansas Corp.)
Jun 22, 1992; Waldon, George ... The biggest bank buy in Arkansas history could become a reality any day now. The proposed sale of Union of Arkansas Corp. to Worthen Banking Corp. will approach the $100 million mark. Insiders believe an announcement confirming the merger of the two Little Rock-based ...
The die is cast; following an eight-month search, Hendrix College chooses Ann Die as its ninth president.
Jun 22, 1992; Rengers, Carrie ... The colorful flowers and ancient trees that cover the Hendrix College campus at Conway sometimes play a role in attracting students to the liberal arts school. But flowers and trees are not what attracted Ann Die, the dean and chief executive officer of H. Sophie Newcomb Memorial ...
A damming debate: Corps of Engineers attempts to justify $167.5 million lock and dam in Southeast Arkansas.
Jun 22, 1992; Griffe, Carol ... The Mississippi River at Cairo, Ill., already is 15 feet lower than it was when a 1988 drought hampered barge navigation throughout the river basin. Jim Phillips, director of the Arkansas Waterways Commission, fears a disastrous summer and fall are ahead for barge shipping on the ...
Making a move in May. (Arkansas Economic Analysis)
Jun 22, 1992; Taylors, Tim ... Consumer Sentiment Improved As 6,400 Additional Arkansans Went To Work May unemployment figures for Arkansas reflected what economic investigators at the University of Arkansas at Little Rock already knew. The recovery is taking hold. The state's unemployment rate ...
On the rebound: a $1.5 million stock offering could propel First Exchange Bank of Little Rock toward public company status.
Jun 22, 1992; Waldon, George ... Little Rock hasn't seen a new public company emerge from the financial community since the high-flying days of the savings and loan associations a decade ago. That could change before the turn of the century. Executives and investors at First Exchange Bank of Little Rock ...
Ready for takeoff: Little Rock Regional Airport has a new runway, but will it ever get a hub? (Special Report: Transportation in Arkansas)
Jun 22, 1992; Webb, Kane ... James Rodgers, manager of the Little Rock Regional Airport, ticks off the airlines that have ceased operations or merged with other companies in recent months. "Let's see," he says. "Eastern is no more. Pan Am is no more ..." Among those in bankruptcy are TWA Inc., ...
Survival of the fittest: airlines struggle to outlast industry slump. (Industry Overview)
Jun 22, 1992; Fleisch, Shelley ... It was a turbulent year for the air transportation sector in 1991. In fact, on a national level, 1991 resulted in the worst financial performance in industry history. The Department of Transportation reports that the airline industry will suffer an operating loss of $3.95 ...
The northwest passage: the new U.S. 71 from Alma to Fayetteville will be a $220 million answer to prayers. (Special Report: Transportation in Arkansas)
Jun 22, 1992; Webb, Kane ... Like many Arkansans who have made the trip from Alma to Fayetteville along U.S. 71, Bobby Hopper has a story of a near miss. Hopper is a member of the state Highway and Transportation Commission. Shortly after being appointed to the commission, he was heading back to his home in ...
Buttering them up: Ozark Folk Center finds a market for its homespun products in Hong Kong.
Jun 22, 1992; Taylor, Tim ... The Homespun brand of peach and apple butter is produced and sold at the Ozark Folk Center at Mountain View. If you have a taste for apple or peach butter and a trip to Mountain View is out of the question, you could always try your neighborhood SOGO department store. That ...
Gown helping town: Arkansas State University's importance to Jonesboro illustrated by economic impact study.
Jun 22, 1992; Taylor, Tim ... How important is Arkansas State University to the economy of Jonesboro? A recent economic impact study conducted by ASU faculty members and commissioned by the school and the Greater Jonesboro Chamber of Commerce answers that question. The study was conducted by Dan Hoyt, ...
United we stand: United Way officials attempt to ride out a nationwide scandal. (United Way of Pulaski County Inc. dissociates itself from United Way of America scandal)(includes related article)
Jun 29, 1992; Rengers, Carrie ... The national scandal surrounding William Aramony's resignation as president of the United Way of America shook the nation's fund-raising community. The aftershocks could be felt all the way to Little Rock. Aramony's lavish expenditures -- his first-class travel tickets, ...
Better to give ...: more than 1,000 professional fund-raisers battle recession, tight pockets in Arkansas.
Jun 29, 1992; Webb, Kane ... It is not the best time to be a fund-raiser. The United Way of America, one of the nation's best-known charities, is plagued with scandal. A two-year recession has taken a bite out of corporate contributions. In Arkansas, Gov. Bill Clinton's presidential campaign ...
Giving back: corporations continue altruism despite lean times. (corporate charities)
Jun 29, 1992; Fleisch, Shelley ... What's the state of corporate philanthropy in Arkansas? A group of corporations studied by the Winthrop Rockefeller Foundation of Little Rock contributed more than $1.8 million to fund almost 700 Arkansas projects in 1989. Arkla Inc., which did not channel its funds through ...
Return of the bucket shop: a Little Rock broker is accused of taking a West Virginia City to the cleaners. (Little Rock, Arkansas)(securities broker Donald Gates)
Jun 29, 1992; Webb, Kane ... Elkins is a town of about 8,000 people in north-central West Virginia. Its nearest "big city" neighbor is Morgantown, W.Va., which is an hour's drive away. Two months ago, most people in Elkins were probably as unfamiliar with Little Rock as Little Rock residents are with ...
A $100 million lawsuit: two Burlington Industries employees from Monticello file suit over ESOP. (employee stock ownership plans)
Jun 29, 1992; Harper, Kim ... Two employees of Burlington Industries Inc., a Greensboro, N.C.-based textile manufacturer, recently filed one of the largest class-action lawsuits ever involving an employee stock ownership plan. Damages sought are estimated at $100 million. The suit was filed June 3 in ...
Recycling by the river: Tyson Foods Inc. expands Logan County plant on the Arkansas River.
Jun 29, 1992; Taylor, Tim ... The poultry industry has been blamed by some for water-quality problems in northwest Arkansas. Tyson Foods Inc. of Springdale is moving toward its goal of eliminating runoff into rivers and streams by expanding its River Valley By-Products facility in north Logan County. ...
