Business

HGL consumption rises 12%, price falls 47%

Between 2010 and 2016, consumption of hydrocarbon gas liquids (HGL) in the United States rose 12% to 928 million barrels as HGL prices fell 47% and HGL expenditures fell 41%,…

Arvest Bank names Mike Willard president/CEO of North Central Arkansas region

Arvest Bank has promoted Mike Willard to president and CEO of its North Central Arkansas/West Plains, Missouri bank market. Willard currently is the president and CEO of the bank’s Prairie…

2018 a significant year for Don Pitts, United Built Homes

2018 is a year of milestones for Springdale businessman Don Pitts. Pitts, who will turn 80 in December, is the chairman of Springdale-based United Holding Co., the family owned entity…

Sun Paper plant, other Chinese operations not yet open in Arkansas

Three Chinese manufacturers from the Shandong Province that announced plans to locate in Arkansas following one of Gov. Asa Hutchinson’s frequent Far East trade missions have not yet moved out…

Sherwood Urgent Care to open location in Hot Springs

Sherwood Urgent Care will open a clinic Aug. 27 at 201 Airport Road in Hot Springs. Sherwood Urgent Care – Hot Springs will be open daily: 8 a.m. to 8…

Introducing the 2018 class of Women in Business honorees

The Northwest Arkansas Business Journal is pleased to introduce our 10 honorees for the 2018 Women in Business awards program. Honorees represent women from a variety of careers, who have…

Facebook announces ‘Community Boost’ program coming to Little Rock

Facebook is bringing a “Community Boost” to Little Rock on Dec. 11-12, 2018. The program was started last November and is part of Facebook’s commitment to visits U.S. cities with…

Former Razorbacks football coach Bret Bielema sells Fayetteville estate, adds to windfall from UA ouster

Former University of Arkansas football coach Bret Bielema was fired following the 2017 season, and the school agreed to pay the coach nearly $12 million for the final three years…

U.S. House passes farm bill; Senate to soon consider its farm bill

It’s now up to the U.S. Senate to move on a farm bill after the U.S. House narrowly passed a farm bill that would remove millions from the Supplemental Nutrition…

Chinese garment manufacturer hiring in Little Rock; Adidas clothing maker began production in January

A Chinese clothing maker that signed one of several deals with Gov. Asa Hutchinson to bring manufacturing jobs back to the U.S. has begun production and posted “help wanted” signs…

Walmart adding up to 2,000 technology jobs, some in Bentonville

Walmart Labs Chief Technology Officer Jeremy King has said the retail giant will add to its tech workforce this year, creating around 2,000 full- and part-time jobs. The jobs will…

GAO: U.S. deficit jumps 13.5% to $666 billion in 2017, projected to top $1 trillion by 2020

A report submitted to Congress on Thursday (June 21) by the U.S. Office of Government Accountability (GAO) warns that action is needed on the nation’s growing federal deficit, which grew…

Tight trucking capacity, high fuel prices driving intermodal demand

Rising fuel prices and tightening capacity in the trucking industry have some shippers transporting more freight via rail as carriers feel the effects of high fuel prices, which are expected…

Walton Family Foundation has awarded $6.2 billion in grants in 30 years

The Walton Family Foundation began 30 years ago and has given $6.2 billion in grants to a wide variety of groups in Arkansas and around the country. Last year, 47…

Then & Now: Kindhearted Kimbrough at home in Fort Smith

EDITOR’S NOTE: The following story appeared in the June 11 issue of the Northwest Arkansas Business Journal. “Then & Now” is a profile of a past member of the Business Journal’s…

Nathan Slaton appointed assistant director of Arkansas Agricultural Experiment Station

Nathan Slaton, head of the Arkansas Soil Testing Lab, has been appointed assistant director of the Arkansas Agricultural Experiment Station, the statewide research component of the University of Arkansas System’s Division…

Riverfront Drive Skate and Bike Park pushed to September opening

The Riverfront Drive Skate and Bike Park slated to open by Memorial Day may have missed its deadline, but Fort Smith Parks and Recreation Director Doug Reinert told the city’s…

Owen returning to FCRA by July meeting, school’s Chaffee Crossing presence discussed

Fort Chaffee Redevelopment Authority (FCRA) Executive Director Ivy Owen is “well on his way to recovery” after an extended illness, according to FCRA Chairman Dean Gibson. Gibson told Talk Business…

U.S. Supreme Court ruling opens door for Arkansas, other states to tax e-commerce

State lawmakers and others working to overhaul the state’s cumbersome tax code applauded an almost-split decision issued Thursday (June 21) by the U.S. Supreme Court that could allow Arkansas and…

Leadership lessons, technology challenges part of Women’s Empowerment Summit

Trusting your “gut” in making business changes, putting the right people in the right jobs, and pursuing “inclusive” leadership were just a few of the topics covered Thursday (June 21)…

University of Arkansas to receive $5 million from state for food science center

Tyson board chairman’s new contract includes $40 million cash incentive

Officials from Fort Smith and Poland sign Friendship Pact, mark arrival of F-35 jets

Grow for the Green Soybean Yield Challenge slated for its 16th year