Business

Parks and trails and the quality of life

Parks and trails have long been a staple in major cities and smaller communities. When buying or selling a house, this is often a sought-after feature: “only minutes from the…

CACHE wants participants for economic impact study

Regional arts organization Creative Arkansas Community Hub & Exchange (CACHE) is seeking feedback from arts and culture organizations and their attendees for a nationwide economic impact study. CACHE is part…

NSF awards $750,000 to UA Institute for Integrative and Innovative Research

The National Science Foundation has awarded a nearly $750,000 grant to the University of Arkansas’ Institute for Integrative and Innovative Research. The institute, referred to as I³R, is a cross-disciplinary…

Judge voids Pope County casino license granted to Cherokee Nation

The contentious path to building a casino in Pope County took yet another turn Thursday (Jan. 12) when Pulaski County Circuit Court Judge Tim Fox ruled that Arkansas officials “unconstitutionally”…

Sharon Tallach Vogelpohl named to National Advertising Review Board

BBB National Programs announced this week that it has selected Sharon Tallach Vogelpohl, president and CEO of MHP/Team SI, as one of the 91-panel pool members of the 2023 National…

The health care landscape: Looking back at 2022 and ahead to 2023

The year 2022 is behind us, and although we began last year hoping for a gradual return to normal after two years in a public health emergency, we continue to…

Clint O’Neal named executive director of AEDC

Gov. Sarah Sanders announced Thursday (Jan. 12) that she will name Clint O’Neal executive director of the Arkansas Economic Development Commission (AEDC). He will report to Secretary of Commerce Hugh…

Electric Cooperatives hire Brandon Lohse as CFO

Brandon Lohse was recently selected as the Chief Financial Officer for the Electric Cooperatives of Arkansas. Prior to joining the electric cooperatives, Lohse worked more than 26 years in the…

Food inflation continues to pressure consumer households

Consumers are still paying an average of 11.8% more for the food bought at U.S. grocery stores compared to the same time last year, according to the December Consumer Price…

Prairie Grove-based PolyTech Plastic Molding has a new owner

Arcane Capital Partners, a private family office in Little Rock led by Michael Hickmon, Sam Ford and Will Ford, announced Thursday (Jan. 12) that it is the new owner of…

Venture Center hires Arthur Orduña as new executive director

Following a national search, The Venture Center board of directors has unanimously appointed Arthur Orduña as the organization’s next executive director. He succeeds Wayne Miller who helmed the nonprofit startup…

Jonathan Seaborn to lead UA Little Rock Public Radio

Jonathan Seaborn, chief content officer at Texas Tech Public Media, has been named the new general manager of UA Little Rock Public Radio, the station announced Thursday (Jan. 12). UA…

Economists say decline in used vehicle prices may not spur demand

Used vehicle prices in the United States are expected to moderate as rising interest rates and new vehicle supply impact used vehicle demand, according to vehicle market economists. However, used…

Arvest launches subsidiary to provide alternate funding for small businesses

Fayetteville-chartered Arvest Bank disclosed details Thursday (Jan. 12) of a new funding mechanism for small businesses that fall below bank loan policy requirements. According to a news release, the Arvest…

Colliers Arkansas names new principals, shareholders

Commercial real estate firm Colliers Arkansas recently announced several additions to its leadership team. New principals include Kim Battle, Mason Lewis, Justin Bentley in the Little Rock office and Megan…

Arkansas River commercial tonnage up almost 3% in 2022

A more than 16% gain in outbound shipments and gains in sand, gravel, rock and iron/steel shipments resulted in a 2.94% gain in commercial tonnage shipped on the Arkansas River…

Tyson Foods invests $180 million in Illinois plant, will add 400 jobs

Tyson Foods continues to add capacity across its expansive U.S. processing business with plans to invest $180 million in its Caseyville, Ill., prepared foods plant that makes Hillshire Farm deli…

Lyon College names founding dean for dental school

Lyon College appointed Wednesday (Jan. 11) Dr. Burke Soffe of Roseman University of Health Sciences College of Dental Medicine (CODM) in South Jordan, Utah, as founding dean of the Lyon…

Sales tax collections in Northeast Arkansas set records in 2022

Despite interest rate hikes, slower wage growth, and surging inflation, the city of Jonesboro did something in 2022 that it hasn’t done in several years. City sales and use tax…

Fort Smith city water leaks rise more than 43% in 2022

Aging infrastructure, a shortage of repair workers, and a deep winter freeze were primary reasons for 43.4% more leaks in 2022, a pending list of 371 leaks at year end,…