Arkansas Business back issues from July 1994:
Entrepreneurs build lodging cooperative; GuestHouse International raises capital to take on motel franchises.
Jul 04, 1994; ... WITH THE LEADership of a proven Little Rock entrepreneur, a limited liability company called GuestHouse International is raising up to $1.5 million in capital to launch a cooperative for the hotel and motel lodging industry.The venture, believed to be unprecedented in the lodging ...
Pulaski County faces reappraisal; property taxes go up, down on $12.8 billion in real estate.
Jul 04, 1994; ... MELVIN SIMON & Associates Inc. is facing a combined property tax of more than $1 million on University Mall in Little Rock and McCain Mall in North Little Rock. The Indianapolis-based developer isn't happy about footing this annual bill, either.The company filed suit June 17 in ...
Alltel's Steuri tops execs with $4 million. (John Steuri, chairman and CEO of Systematics Information Services Inc.)
Jul 04, 1994; ... 17 of 132 Executives Exceed $1 MillionJOHN STEURI, CHAIRMAN and chief executive officer of Systematics Information Services Inc., an Alltel Corp. subsidiary, was the highest paid executive of an Arkansas public company last year, earning $4.2 million.Steuri's stock ...
Capital Hotel plans to kick off two-year ad campaign.
Jul 04, 1994; ... New Manager Wants to Soften the Hotel's 'Intimidating' AtmosphereJOSEPH RANTISI HAS BIG plans for the Capital Hotel in downtown Little Rock.Operations are already changing just three months into his tenure as general manager. Renovations have been made, the hotel ...
Hope springs industrial; new plants and expansions should produce more than 150 jobs. (Hope, Arkansas)
Jul 04, 1994; ... THE GOOD ECONOMIC NEWS just keeps coming in Hope, where recent announcements of two new plants and two industrial expansions were made.These four new or growing operations are projected eventually to generate more than 150 new jobs. This comes on top of an impressive industrial ...
Long John Silver's pursues market growth.
Jul 04, 1994 ... Company Aims to Add New-Look Stores in AreaLONG JOHN SILVER'S LIKES the central Arkansas market and is aggressively pursuing expansion here."We're real excited about Arkansas and Little Rock, and we think there are a lot more opportunities to grow our brand there," says ...
State's industrial recruiting offer faces hidden agenda. (Arkansas)
Jul 04, 1994; ... Arkansas' Recruiters Take Steps to Strengthen StrategiesLIKE LANDING A JOB, INDUStrial recruiting is sometimes not how you present yourself, but whom you know.Arkansas' industrial recruiters make numerous pitches to companies in search of a location for new operations ....
Union tries to make inroads in NW Arkansas; United Foods & Commercial Workers targets poultry industry employees.
Jul 04, 1994; ... UNION ACTIVITY IN NORTHwest Arkansas is on the rise as the United Food & Commercial Workers International Union pushes to expand its presence in the poultry industry.UFCW officials have targeted Simmons Foods Inc. of Siloam Springs, a privately held company employing 3,500 with ...
Mammoth Fort Smith warehouse filling need. (Crain Industries Inc.)
Jul 04, 1994; ... H.C. "DUDE" CRAIN, PRESIdent of $230 million Crain Industries Inc., acquired 600,000 SF of warehouse space in Fort Smith earlier this year, and he had nothing to put in it.And Fort Smith already had an abundance of warehouse space.But Crain and Don Emerson, a former ...
Waterloo Industries keeps growing in Pocahontas.
Jul 04, 1994; ... 93,000-SF Addition Is Plant's Sixth Expansion Since Opening in 1972WATERLOO INDUSTRIES Inc., a toolbox manufacturer, is expanding its Pocahontas operation for the sixth time since opening in 1972.N. Ray Campbell, a Pocahontas native and plant manager, says the latest ...
Plastic-paper battle goes beyond the environment; decision by consumers, companies can impact several state communities.
Jul 04, 1994; ... "PAPER OR PLASTIC, ma'am?"In Arkansas, shoppers hear this question thousands, maybe millions, of times each day. And while consumers are lectured and tutored by various organizations on how to respond, maybe they're not looking at the whole picture.This is more than an ...
State to see 19 plant expansions worth $132.5 million. (Arkansas)
Jul 04, 1994; ... SEVEN NEW INDUSTRIES announced start-up plans in Arkansas in the past three months.Industry expansion, though, was the big news since March with 19 plant expansions announced. The total investment in the expansions was $132.5 million, and 2,130 jobs were expected to be created. ...
CDI pursues healthy balance: high-profile projects cast contractor as more than Dillard alter ego. (CDI Contractors Inc.; Dillard Department Stores Inc.)
Jul 11, 1994; ... SINCE ITS INCEPTION IN 1987, CDI Contractors Inc. has made a solid name for itself and is closing in on the billion-dollar mark in total billings, largely because of its interdependent relationship with Dillard Department Stores Inc.But in the past year or so, it has been ...
Rubber meets the road: jackrabbit sales spurt registers $661 million for five top auto dealerships in Arkansas.
Jul 11, 1994; ... POWERED BY A SURGE IN sales, five auto dealerships with combined annual revenues of more than $661 million charted positions on Arkansas Business' annual list of Top 50 private companies.The biggest of the bunch was Harold Gwatney Chevrolet in Jacksonville, with estimated 1993 ...
Donrey buy moves Stephens Group to no. 3 among private companies: Stuttgart's Riceland Foods remains state's largest with $692 million in revenues in 1993. (Donrey Media Group; Stephens Group Inc.; Riceland Foods Inc.)
Jul 11, 1994; ... WITH ITS ACQUISITION OF Donrey Media Group last August, Stephens Group Inc. of Little Rock became Arkansas' third-largest private company.Including Donrey's 1993 totals, Stephens Group had $550 million in revenues last year, based on figures from the Dun & Bradstreet Information ...
Harps Food's presence grows in Northwest: family-owned, $187 million food chain experiences eventful '94. (Harp's Food Stores Inc.)
Jul 11, 1994; ... SITTING IN HIS OFFICE SURrounded by wildlife prints, a stuffed pheasant, deer antlers and a gun case full of rifles and antique pistols, it's quickly apparent that Gerald Harp is an avid sportsman. A boyish grin spreads across his face as he describes an upcoming trip to Alaska to fish for ...
Kurre's exit further depletes KATV anchor lineup; will loss of strong talent take toll on 'Spirit of Arkansas?' (KATV-TV anchor Gina Kurre)
Jul 11, 1994; ... FIRST KATV-TV, CHANNEL 7, said goodbye to evening news anchor Andy Pearson, then to 5 p.m. anchor Betsy Pilgrim. Now the farewells are for anchor Gina Kurre.The veteran reporter is scheduled to leave the "Spirit of Arkansas" before the end of the summer. Many credit Kurre as one of ...
Augusta turns it around: ITW Paslode move signals resurgence. (ITW Paslode Corp.; Augusta, Arkansas)
Jul 11, 1994; ... ITW PASLODE CORP.'S DECIsion to build a second plant in Augusta continues an industrial resurgence for the Woodruff County seat.The Lincolnshire, Ill.-based ITW Paslode will locate a new 117,000-SF facility on 20 acres in Augusta to manufacture collated fasteners for the ...
Bill Bristow vs. the Establishment: down-home Jonesboro lawyer relishes Arkansas' high-profile. (Jonesboro, Arkansas)
Jul 18, 1994; ... BILL BRISTOW DOESN'T DISplay the flashy persona one would expect from a high-profile trial lawyer. His demeanor, particularly before jurors, is decidedly Arkansan with a robust down-home flair.But this mild-mannered Jonesboro lawyer was suggesting conspiracy theories in Arkansas ...
Good help is harder to find: shortage has contractors turning to prisoners. (Arkansas)
Jul 18, 1994; ... LOOKING FOR DEPENDable workers willing to perform a day's work for good wages. Fringe benefits vary with skill level. No skills? We'll train you.The want ads in the classified sections of Arkansas newspapers are awash in solicitations for all types of construction workers, and the ...
Depositions due in Mangieri lawsuit against ASU Board. (John Mangieri; Arkansas State University)
Jul 18, 1994; ... FORMER ARKANSAS STATE University President John Mangieri's lawsuit against the ASU Board of Trustees isn't expected to go to trial until 1995, but depositions are scheduled to begin this week.A notice for depositions by Mangieri and his wife, Debbie, on July 20-21 was filed last ...
Don't stop the presses: Magie Enterprises calls in next generation to keep papers coming. (Magie Enterprises Inc.; Lonoke County, Arkansas)
Jul 18, 1994; ... AFTER ALMOST 40 YEARS OF publishing community newspapers in Lonoke County, Bett and Cone Magie of Cabot are passing the presses off to their capable children. But if you were to bump into the Magies around town, chances are you'd still spot newspaper ink on their fingers."We've got ...
Pine Bluff's economy expects boost from bypass; idea conceived more than 35 years ago finally sees light at end of tunnel. (Pine Bluff, Arkansas; U.S. Highway 65 bypass)(includes related article)
Jul 18, 1994; ... STATE AND FEDERAL FUNDING of the U.S. Highway 65 bypass in Pine Bluff will exceed well over $75 million by the time it is completed in 1998 or '99.Like most highway projects, this bypass carries a heavy financial weight. However, a transportation official believes taxpayers will ...
Monticello builds bigger spokes: economic growth elevates city to regional commercial hub status. (Arkansas)
Jul 18, 1994; ... ECONOMIC ACTIVITY IN Monticello looks wonderfully disproportionate to its population of 8,116. Scores of new jobs and homes are arising in the Drew Count seat.This marks a change for the better that comes on the heels of a time when the opposite was true.A 40-unit Day's ...
Pine Bluff progresses: downtown investment nears $20 million. (Pine Bluff, Arkansas)
Jul 18, 1994; ... FIVE YEARS AFTER CIVIC-minded people in Pine Bluff decided to band together to reverse the fortunes of their decaying downtown, the landscape has changed dramatically.By the end of this year, more than $20 million will have been dropped into the downtown area in the form of new ...
Gibson building grass-roots democratic support. (Bynum Gibson; Democratic Party, Arkansas)
Jul 18, 1994; ... REP. BYNUM GIBSON'S fourth and -- for now anyway -- final term in the state Legislature expires in December, but that doesn't mean the Dermott lawyer will fade from the political scene.Gov. Jim Guy Tucker nominated him in February to succeed George Jernigan as state Democratic ...
Growth spurs more stringent regulations: group of developers threatens lawsuit over new Fayetteville rules. (Fayetteville, Arkansas)
Jul 18, 1994; ... WITH CONSTRUCTION continuing at its torrid pace, northwest Arkansas communities are moving toward controlling growth with new development requirements.Building permit valuations for Benton and Washington counties in 1993 totaled just under $369 million, according to the Northwest ...
J.A. Riggs Tractor dwarfs state's equipment dealers: LR firm 3 times larger than others. (J.A. Riggs Tractor Co.; Little Rock, Arkansas)
Jul 18, 1994; ... J.A. RIGGS TRACTOR CO., with 455 employees and seven locations, is Arkansas' largest heavy equipment dealer, at least three times larger than any other dealer in the state.Riggs, a family-owned company in its fourth generation in Little Rock, is the Caterpillar dealer for 66 ...
When seeking loan, be ready with data: bankers want financial, company information and goals before lending. (Commercial Lending Directory)
Jul 18, 1994; ... BEING SUCCESSFUL IN YOUR business means more than knowing how to make a good hamburger or how to operate a retail store.To a banker making a commercial loan, that businessman must have good, accurate financial information about his company. He must have pro-forma plans detailing ...
Taking issue with success: Beverly's recovery strong, but detractors question care. (Beverly Enterprises Inc.)
Jul 25, 1994; ... WITH A 41 PERCENT increase in net income and a 19 percent increase in earnings per share for the first half of the year, Fort Smith-based Beverly Enterprises Inc. continues to bask in good news about earnings.Following a rocky period in the 1980s, the turnaround of the nation's ...
Union Planters deals with competing partners; owners of Mid South Bancshares are Worthen Corp. executives. (Union Planters Corp.'s plan to acquire Mid South Bancshares Inc.; Worthen Banking Corp.)
Jul 25, 1994; ... <Pre> UNION PLANTERS CORP. Arkansas Banks (Dollars in millions. For year ended Dec. 31, 1993) BANK (City) Total Assets Mercantile Bank (Jonesboro) $253.0 Mercantile Bank (Hardy)24.1 Mercantile Bank ...
Numbers point to fewer jobs for nurses in hospitals.
Jul 25, 1994; ... Job Opportunities Still Abound in Other Areas Like Home Health ServicesMANY HEALTH PROFESsionals claim the state's nurses are catching the tail end of a national trend that has finally reached Arkansas.Those in the nursing field have seen their perks dwindle, freezes ...
Health care executive makes the rounds in state; connection to Columbia/HCA draws Denman to Health Wise of Arkansas. (Jim Denman; Columbia/HCA Healthcare Corp.)
Jul 25, 1994; ... HEALTHWISE OF ARKANSAS, which opened for business this month, is the newest entrant to the ever-shifting market of Arkansas health maintenance organizations.But its chief executive officer is already a veteran of the health care wars, where insurers compete for a share of the ...
USAble Systems signs agreement with Tandem Computers. (USAble Systems Inc.; Tandem Computers Inc.)
Jul 25, 1994; ... Tandem Projects at Least $300 Million in Revenues From VentureLITTLE ROCK-BASED USABLE Systems Inc. has struck a major alliance with Tandem Computers to develop and market health insurance computer systems.The agreement, which involves Tandem translating USAble Systems' ...
In vitro success: UAMS program gives new life to couples coping with infertility. (University of Arkansas for Medical Sciences)
Jul 25, 1994; ... ABOUT 100 BABIES HAVE been born to couples who struggled with infertility problems, thanks to the in vitro fertilization program at the UAMS Medical Center, the only such program in the state.Dr. Glenn Weitzman, director of the IVF program, says in vitro fertilization is really an ...
UAMS laboratory unravels DNA code, diagnoses genetic disorders and more. (University of Arkansas for Medical Sciences)
Jul 25, 1994; ... THE AWARENESS OF DNA testing has grown in prominence through exposure in high-profile murder cases like the O.J. Simpson saga.The trial of Scharmel Bolling Burnett in Little Rock served as an Arkansas media platform even before that. In fact, the director of the DNA laboratory at ...
North Arkansas Medical Center grows rapidly.
Jul 25, 1994; ... Harrison Facility Moves to Become Regional Provider With Expansion, AcquisitionsTHE BOOM IN THE NORTHwest Arkansas health care industry is not limited to Benton and Washington counties. North Arkansas Medical Center in Harrison (Boone County) is completing a $1.5 million expansion ...
Facial prosthetics give hope to cancer victims.
Jul 25, 1994; ... WHEN AN INDIVIDUAL loses a limb, it can be traumatic. But when a person loses part of his face, it's the loss of part of his identity.It was Daniel Eaton's compassion for people who, for one reason or another, have had to have parts of their faces removed that convinced him to ...
Searcy nursing home: state's most profitable; 50 centers earn more than $229,000. (Arkansas; Beverly Enterprises Inc.'s Leisure Lodge) (Arkansas Business Rankings)
Jul 25, 1994; ... LEISURE LODGE, A 245-BED nursing home in Searcy, was the state's most profitable facility last year with a net income of almost $893,000, according to annual cost reports filed with the Arkansas Department of Human Services.Leisure Lodge, one of 40 Arkansas nursing homes owned by ...
Arkansas Women's Journal turns 1 year old.
Jul 25, 1994; ... Niche Publication in the Black as Circulation IncreasesNEXT WEEK, JO STEWART IS celebrating a birthday -- not her own, but that of her slightly-off-the-trodden-path Arkansas Women's Journal.The monthly tabloid-sized newspaper, for women by women, turns 1 year old in ...
IRS cracks down on tax cheats in trucking industry.
Jul 25, 1994; ... IN AN EFFORT TO RECOVER hundreds of millions of dollars in lost revenues annually, the Internal Revenue Service has begun to crack down on the use of untaxed diesel fuel in the trucking industry.The IRS has hired two inspectors for Arkansas who are now combing the state testing ...