Author: Paul Gatling

Paul Gatling

Rapid Prototypes Adds New Printing Technology

The Bentonville packing services company says the addition will turn the local packaging and display world on its head.

Federal Agency Grants HOS Exemption to McKee Foods

Team drivers for Tennessee-based McKee Foods Transportation LLC will be given more flexibility in how they split their sleeper berth time, while still being required to take 10 consecutive, off-duty hours.

Longtime Employee Acquires Seeburg Muffler & Brake

Kenneth and Lois Schulte of Nixa, Missouri, recently bought the Missouri-based auto repair shop, which has locations in Springdale, Rogers and Fayetteville.

Schmieding Produce Co. Sold to Florida Group

H.C. Schmieding Produce Co., a wholesale distributor of fruits and vegetables, was acquired by Woerner Holdings Inc., in a multimillion-dollar deal.

Bentonvilles CPI Sells Remaining Assets To Warren Buffets BH Media Group

Community Publishers Inc. of Bentonville has closed on a deal to sell its remaining newspapers in Oklahoma to Warren Buffetts company, BH Media Group.

ArcBest Corp. Will Break Ground Wednesday on New HQ

The approximate 200,000-square-foot building is expected to be completed in late 2016.

Credit Union Brings Virtual Reality to New Branch

United Federal Credit Union is using telepresence video communication at its new Springdale branch, inside the Walmart Supercenter at the Elm Springs Road exit.

First National Bank Targets NWA to Continue Growth

Locations on Pinnacle Hills Parkway in Rogers and Southeast Walton Boulevard in Bentonville opened in the last six months, and a third location on East Mission Boulevard in Fayetteville is planned to open in June.

Arizona REIT Takes Boomerang Properties for $7.38M

A publicly traded Arizona REIT now owns two Boomerang Car Wash properties in Benton County and another in Washington County after completing a sale-leaseback deal for a combined $7.38 million.

First Security Bank Tops ROA List

The Searcy-chartered bank had a return on assets of 2.26 percent, easily beating the No. 2 bank Todays Bank of Huntsville, which had an ROA of 1.75 percent.

Reserve Ratio of Arkansas Banks Is Second in Eighth District

In the fourth quarter of 2014, statewide banks had a collective loan loss reserve ratio of 1.52 percent.

Largest NWA Banks Ranked By Assets

Arvest Bank led privately owned banks in Arkansas at the end of 2014, with assets of $14.94 billion, according to the Federal Deposit Insurance Corp.

BOZ Tops List of 2014 Regional Bank Rankings

Little Rock-based lender Bank of the Ozarks Inc. was ranked the No. 1 top-performing regional bank in the nation, according to information compiled by SNL Financial LC.

Southern Swim Launches First Signature Product

The e-commerce startup is partnering with Turk Trunks swimwear line for the project.

Mercy Trailhead Wins Top Prize for CEI Engineering

The American Council of Engineering Companies presented CEI Engineering Associates Inc. with the Grand Conceptor Award for a water quality improvement project tied to a Razorback Regional Greenway trailhead in Rogers.

Chinese Manufacturer Files $33M Countersuit Against Redman

Sales Chief is alleging damages due to defamatory statements made by Redman in articles published in the Northwest Arkansas Business Journal and Arkansas Business, a weekly publication headquartered in Little Rock.

Cracker Barrel Off to Booming Start in Bentonville

The Bentonville location of restaurant chain Cracker Barrel Old Country Store has yet to celebrate its first birthday, but sales totaled $2.55 million in the eight months it was open during 2014.