Business

A-State receives $2 million in funding for academic and workforce consortium

Arkansas State University has been awarded about $2 million in funding during the next five years from the Office of Postsecondary Education, a subdivision of the U.S. Department of Education,…

Tyson Foods to acquire the closed Cargill plant in Springdale

Tyson Foods will acquire the shuttered Cargill turkey plant located on Randall Wobbe Road in Springdale, with the city council on Tuesday (Nov. 25) approving the issuance of revenue bonds…

Fort Smith sales tax revenue up in October, beats budget estimate

Fort Smith sales tax revenue in the October report showed higher revenue than the same time in 2024 for the second month in a row, and the monthly revenue also…

Conditions improve at Hope Campus, but challenges remain

Changes in who administers the grants and a drop in community donations left Hope Campus feeling the pinch earlier this year. But conditions are improving for the Fort Smith facility…

October online grocery sales rose 10.5% from a year ago

U.S. consumers spent $11.6 billion buying groceries online in October, up 10.5% from a year ago, according to the Brick Meets Click Grocery Shopper Survey, sponsored by Mercatus. The survey…

Connections: Washington Regional adds doctors, The Compton hires executive chef

Fayetteville-based Washington Regional Medical System has hired doctors for its emergency department and to direct its infection prevention and control program. Following are recent new hires, promotions, awards, and appointments…

Bentonville Farmers Market sales hit record of $3 million

For the fourth consecutive year, the Bentonville Farmers Market has set a sales record, reaching $3 million this year. Sales rose by 3.4% to $3 million this year from $2.9…

Simmons family, employees give $1 million to UA scholarship

The University of Arkansas announced Tuesday (Nov. 25) that the Simmons family and employees of Siloam Springs-based Simmons Foods will give $1 million to the UA’s Land of Opportunity Scholarship…

National Cold War Center raises $400,000

The National Cold War Center (NCWC) in Blytheville recently raised more than $400,000 during its annual Cold War Gala and Cold War Conversation events earlier this month. The amount raised…

UAMS receives $1.5 million NCI grant to pursue cancer technology efforts

The University of Arkansas for Medical Sciences (UAMS) has received a $1.5 million, multiyear grant from the National Cancer Institute (NCI) to create a new graduate-level certificate program focused on…

Soybean volume drops in Arkansas; cotton yield estimate questioned

The volume of soybeans harvested in Arkansas is down significantly as compared to last year, according to the U.S. Department of Agriculture’s (USDA) monthly Crop Production report. Arkansas’ overall 2025…

Work to begin in January on new Bricktown in downtown Fort Smith

Construction to rebuild what was once the Bricktown Brewery restaurant on Garrison Avenue in downtown Fort Smith is set to begin in January, according to Rick Griffin, manager of Fort…

Formal approval given for Singapore facility work at Ebbing in Fort Smith

While it has been a planned part of the process since 2021, the U.S. Department of State has approved an estimated spend of $353 million to build facilities at Ebbing…

Northwest Arkansas sales tax revenue down 2.02% in November report

Sales tax revenue in Bentonville, Fayetteville, Rogers and Springdale totaled $9.61 million in the November report, down 2.02% from a year ago. It was the first deficit in more than…

FDIC-insured banks post a combined 13.5% gain in Q3 net income

Banks insured by the Federal Deposit Insurance Corporation (FDIC) posted combined net income of $79.3 billion in the third quarter, up 13.5% compared with the previous quarter, and up 21.2%…

Real Deals: Fayetteville industrial building sells for $15 million

A 24,750-square-foot industrial building in southeast Fayetteville recently changed hands for $15 million. The purchase price equals $606 per square foot. Multi-Management Services Inc., an affiliate of Little Rock-based health…

UA receives various gifts for Land of Opportunity scholarship campaign

The University of Arkansas recently received more than $1 million in gifts for its Land of Opportunity Scholarship endowment. UA alumnus Bruce Woody and his wife, Rebecca, gave $1 million…

The Supply Side: Holiday sales expected to exceed $1 trillion for first time

Consumer spending between Nov. 1 and Dec. 31 on holiday gifts is expected to exceed $1 trillion for the first time in history, according to the National Retail Federation. Sales…

R2S opens new missile manufacturing plant at Camden

R2S, a joint venture between Rafael Advanced Defense Systems and Raytheon, an RTX business, on Friday (Nov. 21) opened its new manufacturing facility in East Camden, Ark. Plans for the…

Fort Smith Metro News Briefs: Student registration change, a Cocoa Crawl, and tourism office opening

Following are news brief items from the Fort Smith metro. Student Registration The Fort Smith Public School District is opening new student registration Dec. 1, a month before the state’s…