Arkansas Business back issues from October 2008:
Chenal Valley experiences glut of lots.(HOSPITALS)
Oct 06, 2008; ... IF DELTIC TIMBER CORP. OFFICIALS needed more convincing that the upscale housing market was slowing down in west Little Rock, they got it on Sept. 25. [ILLUSTRATION OMITTED] Deltic's Chenal Properties subsidiary opened lot sales in its 31st neighbor hood, with prices ...
Baptist grows, other hospitals struggle: rural facilities turn to voters, sales taxes for operating dollars.(HOSPITALS)
Oct 06, 2008; ... [ILLUSTRATION OMITTED] LAST WEEK'S ANNOUNCEMENT that Baptist Health of Little Rock would take over management of Stuttgart Regional Medical Center was just another addition for the growing hospital system. In August, Baptist Health spent $14.5 million to acquire the ...
UAMS operating loss may top $46 million.(HOSPITALS)(university of Arkansas for Medical Sciences)
Oct 06, 2008; ... THE UNIVERSITY OF Arkansas for Medical Sciences, which will unveil its new $150 million hospital in January, is projecting a $46.25 million operating loss for its current fiscal year, a figure that has almost quadrupled in four years. The new hospital features 234 adult beds and ...
In hot water.(Whispers)
Oct 06, 2008 ... In case you haven't noticed, Crew Restaurant & Bar in the Pleasant Ridge Town Center has closed for good. Lou Schickel of Schickel Development hopes to have a new restaurant in soon. The restaurant wasn't open long enough for a year-over-year comparison. In April, the last month ...
Traffic accident.(Whispers)
Oct 06, 2008 ... We're going to go out on a limb and declare this to be the single most expensive two-vehicle traffic accident in Arkansas' history. In September 2006, a guard for U.S. Security Associates Inc. of Roswell, Ga., was racing to answer an alarm on Lockheed Martin Corp.'s campus in ...
A broadband philosophy.(Whispers)
Oct 06, 2008 ... Aristotle Inc. of Little Rock has bought the wireless broadband division of Internet provider Futura Inc., including equipment and its customer base of fewer that 50. During the third quarter of this year, Aristotle will be upgrading equipment in Cabot, Ward and Austin to ...
Hullabaloo in the heights.(Whispers)(property acquisition)(Brief article)
Oct 06, 2008 ... The house cost $799,000. Additions requested by the buyer cost an estimated $100,000 extra, bringing the price roughly to $899,000. The buyer's failure to follow through on the contract could cost the buyer no less than $75,000, according to a complaint filed by the ...
Baptist buy.(Whispers)(Arkansas Baptist State Convention)(PB Capitol Properties LLC.)(Brief article)
Oct 06, 2008 ... A 1.4-acre development in downtown Little Rock is under new ownership in a deal valued at $2 million. PB Capitol Properties LLC, led by Leonard Boen, bought the Arkansas Baptist State Convention quarters at 525 W. Capitol ...
Correction.(Whispers)(Correction notice)
Oct 06, 2008 ... Mark Millsap is co-owner of Foundation Resource Management of Little Rock ....
In times like these.(Editorial)(tax revenues)(Brief article)
Oct 06, 2008 ... WITH THE COUNTRY'S CREDIT market in such a mess that the only fix goes against every free market fiber of our being, it helps to take a deep, cleansing breath and look for things for which to be grateful. And to be grateful that, in Arkansas, we need not look terribly far: ...
Taking away free choice.(Letter to the editor)
Oct 06, 2008; ... For the past 70 years, the National Labor Relations Board has overseen the union-organizing process in the workplace. Workers are entitled to a federally supervised private-ballot election when deciding whether or not to unionize. Neither paid union representatives nor management can see ...
[Cartoon].(Editorial)(Cartoon)
Oct 06, 2008 ... MY GRANDPA SAID THEY WERE ...
State fair valuation.(Publisher's Note)
Oct 06, 2008; ... IT'S ARKANSAS STATE FAIR TIME, and Little Rock and North Little Rock are battling to be the future home of the annual event. At a cost reportedly ranging from $50 million to remain at the current fairgrounds on Roosevelt Road in Little Rock to the $150 million price tag being ...
Foundation acquisition.(Real Deals: A Look at Important Real Estate Transactions)
Oct 06, 2008; ... A 19,800-SF office project in west Little Rock tipped the scales at $2.3 million. Methodist Family Health Foundation Inc., led by William Altom, bought the 1600 Aldersgate Road project from Nabholz Inc. of Conway. The deal is financed with a five-year loan of $1.84 ...
Church land.(Real Deals: A Look at Important Real Estate Transactions)(Steve and Stephanie Deere)(Brief article)
Oct 06, 2008; ... A Sherwood congregation is the new owner of about 15 acres after a $1.3 million transaction. Sylvan Hills Church of Christ Inc. purchased the land at the southeast corner of Kellogg Acres Road and Miller Road from Steve and Stephanie Deere. The deal is backed with a two-year ...
Industrial assembly.(Real Deals: A Look at Important Real Estate Transactions)(Man USA Inc.)(Jane M. Baugus Ltd.)(Butterfield Investments Inc.)(Nabholz Properties Inc.)(Brief article)
Oct 06, 2008; ... About 155 acres in east Little Rock were assembled for a pipe plant in deals totaling more than $2.1 million. Man USA Inc., an arm of Man Industries (India) Ltd., acquired the property along Zeuber Road on the south side of the Little Rock Port Industrial Park. The ...
Foreclosure buy.(Real Deals: A Look at Important Real Estate Transactions)
Oct 06, 2008; ... About 60 acres in North Little Rock were recovered in a $650,000 foreclosure sale. Star Enterprises LLLP, led by Charles and Marilyn Cummings, took ownership of the property on Campbell Road after foreclosing on an August 2006 mortgage of $731,115. Ideal Solutions ...
Bright ideas sale.(Real Deals: A Look at Important Real Estate Transactions)
Oct 06, 2008; ... A Maumelle commercial project changed hands in a $475,000 transaction. Charity Pierce bought the 301 Commerce Drive project from Bright Ideas Enrichment Center Inc., led by James Billings. The deal is funded with a five-year loan of ...
Genesis purchase.(Real Deals: A Look at Important Real Estate Transactions)(Brief article)
Oct 06, 2008; ... A 7,100-SF office building in southwest Little Rock drew a $289,000 sale. Patricia Pearson purchased the former home of Genesis Environmental Consultants at 11400 Baseline Road from MDK Enterprises, led by Mark Witherspoon, ...
Prospect home.(Real Deals: A Look at Important Real Estate Transactions)(Brief article)
Oct 06, 2008; ... A 4,240-SF home in Little Rock's Prospect Terrace neighborhood tipped the scales at $1.1 million. Joseph and Kelly Eichler acquired the house from Howard and Stacy Hurst. The deal is funded with a 30-year loan of $417,000 ...
Country Club abode.(Real Deals: A Look at Important Real Estate Transactions)
Oct 06, 2008; ... A 4,400-SF home near the Country Club of Little Rock rang up a $770,000 transaction. Benjamin Butler IV and his wife, Katherine, bought the house from D&R Real Estate LLC, led by Robert Richardson Jr. The deal is backed with a 30-year loan of $250,003 from ...
Courts residence.(Real Deals: A Look at Important Real Estate Transactions)
Oct 06, 2008; ... A 5,400-SF home in The Courts neighborhood of west Little Rock's Chenal Valley development sold for $628,000. Jonathan and Paula Funk purchased the house from Carl Gray Henson Inc. The transaction is financed with a 30-year loan of $417,000 from Bank of the Ozarks and a ...
Foxcroft house.(Real Deals: A Look at Important Real Estate Transactions)(Brief article)
Oct 06, 2008; ... A 4,644-SF home in the Foxcroft neighborhood of Little Rock changed hands in a $540,000 sale. Timothy and Alice McClure acquired the house from Jonathan Shively. The deal is funded with a 30-year loan of $417,000 ...
Industrial funding.(Real Deals: A Look at Important Real Estate Transactions)(Simmons First National Bank)(Rubber and Gasket Company Of America Inc.)(Brief article)
Oct 06, 2008; ... An industrial project in North Little Rock was refinanced with a $3.34 million funding agreement. Rubber & Gasket Co. of America Inc., led by James McGhee, obtained the five-year loan from Simmons First National Bank of Pine Bluff. The ...
Office construction.(Real Deals: A Look at Important Real Estate Transactions)
Oct 06, 2008; ... Construction of a west Little Rock office project is in motion with a $1.9 million mortgage. The Arkansas Realtors Association, led by Jim Furr, received the five-year loan from Summit Bank. The 4.5-acre site, on the north side of ...
Inviting mortgage.(Real Deals: A Look at Important Real Estate Transactions)(Inviting Properties LLC)(Arvest Bank of Fayetteville)(Brief article)
Oct 06, 2008; ... The owner of a North Little Rock industrial project picked up a $1.77 million financial package. Inviting Properties LLC, led by Sarah and Robert Mitchell and Pamela Purvis, got the three-year loan from Arvest Bank of ...
Traditional financing.(Real Deals: A Look at Important Real Estate Transactions)(Traditional Development LLC)(Brief article)
Oct 06, 2008; ... Development of about 30 acres in Jacksonville is backed with a $1.72 million funding agreement. Traditional Development LLC, led by Brian Boroughs, obtained the one-year loan from First Arkansas Bank & Trust of Jacksonville ....
Preschool loan.(Real Deals: A Look at Important Real Estate Transactions)
Oct 06, 2008; ... A preschool project in Maumelle was refinanced with a $575,000 note. Hayden & Co. LLC, led by Charles Watson, received the three-year loan from Centennial Bank of Little Rock. The nearly one-acre Learning Tree ...
Shale pipeline project estimated at $1.3 billion.(CONSTRUCTION)
Oct 06, 2008; ... A natural gas pipeline estimated at $1.3 billion is in the works for the Fayetteville Shale Play, and two of the play's largest producers have signed on to the deal. Kinder Morgan Energy Partners LP of Houston and Energy Transfer Partners LP of Dallas announced last week that ...
Baldor electric sells center for $30 million.(MANUFACTURING)
Oct 06, 2008; ... Baldor Electric Co. of Fort Smith announced last week that it had recently completed the sale of a distribution center in Tennessee, a transaction valued at $30 million. A portion of the proceeds from the building sale were used to reduce the company's debt balance, the company ...
Hawker marks opening of $17 million expansion in Little Rock.(In Full View)(Hawker Beechcraft Corp.)
Oct 06, 2008; ... HAWKER BEECHCRAFT CORE OF WICHITA, Kan., announced last week that it recently delivered the first Hawker 4000 super-midsized business jet completed at its Little Rock facility. The announcement came at the opening of Hawker's Little Rock Completions Center. The $17 million ...
H.S. call center obtains client layoffs prevented.(EMPLOYMENT)
Oct 06, 2008; ... A call center in Hot Springs that announced it would lay off almost all its workers said last week that it has been selected to handle business for a new client and employ more than 500 people. Accent Marketing Services said it has been selected to provide customer service ...
UA researchers awarded $7m grant from NSF.(EDUCATION)
Oct 06, 2008; ... The National Science Foundation announced last week that it has awarded University of Arkansas researchers a five-year, $7 million grant to create alliances between K-12 teachers and university faculty in the science, technology, engineering and math fields. Gay Stewart, the ...
Arkansas native's TV show, 'Open Season,' succeeding.(NW Journal: A Look at News From Northwest Arkansas)
Oct 06, 2008; ... Joe Norman, a Kingston native whose day job is at Landers McLarty Ford-Jeep in Bentonville, has found a growing television audience for his hunting skills. Norman is a member of the pro staff for "Open Season," a family-oriented hunting and fishing television show produced by ...
Past-due loan values skyrocket 121 percent.(NW Journal: A Look at News From Northwest Arkansas)(Brief article)
Oct 06, 2008; ... Twenty-one banks doing business in Benton and Washington counties had a combined $313.8 million worth of loans on their books that were not accruing interest as of June 30. According to uniform bank performance reports filed with the Federal Financial Institutions Examination ...
The Arkansas Committee on Foreign Relations will host an event Wednesday during which Jeremy Martin will discuss the United States-Mexico relationship with a particular focus on security, the Merida initiative and energy.(Business Briefs)(Brief article)
Oct 06, 2008 ... The Arkansas Committee on Foreign Relations will host an event Wednesday during which Jeremy Martin will discuss the United States-Mexico relationship with a particular focus on security, the Merida initiative and energy. The ...
The Small Business Development Center at Arkansas State University at Jonesboro will host a pair of seminars called "Growing Your Business in Difficult Economic Times" on Monday and Tuesday.(Business Briefs)
Oct 06, 2008 ... The Small Business Development Center at Arkansas State University at Jonesboro will host a pair of seminars called "Growing Your Business in Difficult Economic ...
ClientFirst Wealth Management LLC of Little Rock was selected as one of the most dependable wealth managers of the southeast United States for 2008 by Goldline Research.(Business Briefs)
Oct 06, 2008 ... ClientFirst Wealth Management LLC of Little Rock was selected as one of the most dependable wealth managers of the ...
University of Arkansas.(Business Briefs)
Oct 06, 2008 ... The University of Arkansas at Fayetteville removed the trays from three dining halls to reduce food waste and energy consumption and to save water. The university estimates it ...
Don Tyson, former chairman and chief executive officer of Tyson Foods Inc. of Springdale, is the subject of a new book titled "I Refuse to Have a Bad Day" by former Tyson Vice President Paul Whitley.(Business Briefs)
Oct 06, 2008 ... Don Tyson, former chairman and chief executive officer of Tyson Foods Inc. of Springdale, is the subject of a new book titled "I Refuse to Have a ...
The College of Agriculture & Technology at Arkansas State University at Jonesboro will open the Bill & Alice Nix Petting Zoo on Thursday.(Business Briefs)
Oct 06, 2008 ... The College of Agriculture & Technology at Arkansas State University at Jonesboro will open the Bill & Alice Nix Petting Zoo on Thursday. The ...
Arkansas Blues & Heritage Festival.(Business Briefs)
Oct 06, 2008 ... The 23rd Annual Arkansas Blues & Heritage Festival will be held Thursday through Saturday on Cherry Street in Helena. The ...
Wal-Mart Stores Inc. has instructed its global supply base to stop sourcing cotton and cotton materials from Uzbekistan in an effort to persuade the Uzbek government to stop forced child labor in cotton harvesting.(Business Briefs)
Oct 06, 2008 ... Wal-Mart Stores Inc. has instructed its global supply base to stop sourcing cotton and cotton materials from Uzbekistan in an effort to persuade the Uzbek government to stop forced child labor in cotton ...
Sam's Club of Wal-Mart Stores Inc. announced a joint initiative with Count Me In for Women's Economic Independence to champion women entrepreneurs nationwide.(Business Briefs)
Oct 06, 2008 ... Sam's Club of Wal-Mart Stores Inc. announced a joint initiative with Count Me In for Women's Economic Independence to champion women entrepreneurs ...
Arkansas State University at Jonesboro will host "Monument & Memory," an art exhibit featuring recent works by Chicago painter and alumnus Dan Addington.(Business Briefs)
Oct 06, 2008 ... Arkansas State University at Jonesboro will host "Monument & Memory," an art exhibit featuring recent works by Chicago painter and alumnus Dan ...
The Federal Deposit Insurance Corp. revealed Sept. 26 that it entered into a consent order with Parkway Bank of Rogers on Aug. 5.(Business Briefs)
Oct 06, 2008 ... The Federal Deposit Insurance Corp. revealed Sept. 26 that it entered into a consent order with Parkway Bank of Rogers on Aug. 5. Parkway officials voluntarily agreed to the order without admitting or denying allegations. Jerry Sadler, ...
Blast from the past.
Oct 06, 2008 ... "DELTIC TIMBER CORP. ANNOUNCED today that the latest offering of residential lots in its Chenal Valley real estate development located in Little Rock was successful." The familiar proclamation was once trumpeted with the latest rollout of new neighborhoods. A sampling from the ...
Care foundation gives $500,000 for NWA campus.(Notes)(Brief article)
Oct 06, 2008 ... The northwest satellite campus of the University of Arkansas for Medical Sciences is now half-way toward its fundraising goal of $3 million with a $500,000 donation from the Care Foundation Inc. of Springdale last week. The challenge grant is meant to encourage more donations ...
AHA completes new 11,500-SF headquarters.(Notes)(Arkansas Hospital Association )(Brief article)
Oct 06, 2008 ... The Arkansas Hospital Association has completed a 4,500-SF expansion of its Little Rock headquarters at 419 Natural Resources Drive, which brings the building to 11,500 SF. The expansion adds a ...
Jonesboro telecom comes to Galveston hospital's rescue.(HOSPITALS)
Oct 06, 2008; ... WHILE FEROCIOUS WINDS and rain from Hurricane Ike tore through Galveston Island, Texas, on Sept. 12 and 13, wreaking havoc on power and telephone lines, one hospital remained online with the help of an Arkansas telecommunicationsfirm. [ILLUSTRATION OMITTED] ...
Largest hospitals & medical centers.(HOSPITALS)
Oct 06, 2008; ... <Pre> Largest Hospitals & Medical Centers Ranked by revenue according to most recent Medicare cost report available to Arkansas Business PatientHospital RevenueAddress, Phone ...
Taziki's Greek Fare.(New Businesses: A Listing of Business Start-Ups in Arkansas)
Oct 06, 2008; ... [ILLUSTRATION OMITTED] Owners: Jim Keet, Tommy Keet and Jake Keet Address: 8200 Cantrell Road, Little Rock 72227 Phone: (501) 227-8291 Fax: (501) 227-8293 Hours: Mon.-Thurs., 11 a.m.-8 p.m.; Fri.-Sat., 11 a.m.-9 p.m.; Sun., 11 a.m.-3 ...
Swank Hair Studio.(New Businesses: A Listing of Business Start-Ups in Arkansas)(Mandy Ferguson)
Oct 06, 2008; ... Owner: Mandy Ferguson Address: 400 N. Bowman, Suite 18, Little Rock 72211 Phone: (501) 221-1755 Fax: (501) 221-1917 Hours: Tues.-Sat., 10 a.m.-6 p.m.; Monday and evening appointments available Start-up: Sept. 2, 2008 ...
Calendar.(Calendar)
Oct 06, 2008 ... OCTOBER * 6--Managing a Microsoft Windows Server 2003 Environment, Course 2274 Time: 9 am.-4 p.m. Location: NorthWest Arkansas Community College, 4004 N. College Ave., Suite L, Fayetteville Fee: $2,250 For more information, call ...
National Technical Advisory Council.(EDUCATION)
Oct 06, 2008 ... Robert Costrell, a professor at the University of Arkansas at Fayetteville, has been appointed to the National Technical Advisory Council. This 16-member ...
Philander Smith College.(EDUCATION)
Oct 06, 2008 ... Rodney O. Parks has been hired by Philander Smith College at Little Rock as director of development ....
Terracon Consultants Inc.(ENGINEERING)
Oct 06, 2008 ... [ILLUSTRATION OMITTED] Quin Baber of Terracon Consultants Inc. in Little Rock was recently promoted ...
Twin City Bank.(FINANCIAL SERVICES)
Oct 06, 2008 ... [ILLUSTRATION OMITTED] [ILLUSTRATION OMITTED] Marsha Davis and Laurice Taylor have been made vice presidents at Twin City Bank of North Little Rock. Davis, who serves as a regional manager in the Little Rock and Bryant markets, ...
Arkansas Highway & Transportation Department.(GOVERNMENT)
Oct 06, 2008 ... Emanuel Banks has been promoted to assistant chief engineer for operations for the Arkansas Highway & Transportation Department in Little Rock. Other promotions ...
Arkansas Educational Television Network Commission.(GOVERNMENT)
Oct 06, 2008 ... [ILLUSTRATION OMITTED] [ILLUSTRATION OMITTED] [ILLUSTRATION OMITTED] Don Hale was elected to a second term as chairman of the ...
Arkansas Children's Hospital.(HEALTH CARE)
Oct 06, 2008 ... [ILLUSTRATION OMITTED] Val Segalla has been promoted to director of board ...
Dr. Rhonald M. Searcy has joined the medical staff of Northwest Health System at Bingham-Bledsoe Diagnostic Center in Springdale.(HEALTH CARE)
Oct 06, 2008 ... Dr. Rhonald M. Searcy has joined the medical staff of Northwest Health System at ...
Dr. Steve Mangan of Little Rock received the prestigious Fellowship Award during the Academy of General Dentistry's convocation ceremony in Orlando, Fla.(HEALTH CARE)
Oct 06, 2008 ... Dr. Steve Mangan of Little Rock received the prestigious Fellowship Award during the Academy of General Dentistry's convocation ceremony in Orlando, ...
Todd Wooten and Jon Robinson, who formerly practiced in Little Rock at Robinson Wooten PLC, have joined the Laser Law Firm PA as partners, and Chris Walsh and Allen Mazzanti have joined the firm as associates.(LEGAL)
Oct 06, 2008 ... Todd Wooten and Jon Robinson, who formerly practiced in Little Rock at Robinson Wooten PLC, have joined the Laser Law Firm PA as partners, and Chris Walsh and ...
Colson Caster Corp.(MANUFACTURING)
Oct 06, 2008 ... Kevin Osborn has been made director of operations at Colson Caster Corp ....