Northwest Arkansas

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Farmer Doesn’t Travel Pharr to Buy Business

Gene Pharr of Lincoln has purchased a 67-acre farm on Cane Hill Road in Lincoln where he plans to produce chickens for George’s Inc. Pharr received a $700,000 mortgage March…

Resses Piece Addition to Farm

Keith and Kaye Reese of 20296 Garner Road in Gentry bought a second poultry farm March 15 for $612,000. They received a mortgage from Regions Bank in Rogers for the…

Huge Home Nears Completion

Rogers lawyer David R. Matthews and his wife, Mary Elizabeth Matthews, received a $560,000 mortgage March 4 from First National Bank & Trust. The note is for their 6,075-SF home…

Goshen is Her Kind of Town

Laura “Alexander” Skoning of Chicago, purchased 220 acres from Claudette Warren on March 17 for $475,000. The Goshen acreage at 288 Paul Pray Drive was previously farmland that has been…

NationsBank’s Market Share Slips; McIlroy Bank & Trust Moves Up

NationsBank Corp.’s share of bank deposits in the Washington County market slipped dramatically in 1998. Figures from the Federal Deposit Insurance Corp. show that NationsBank’s deposits dropped 32 percent between…

Hutchinson/Ifrah Opens Local Offices

Hutchinson/Ifrah, a financial planning and investment managing company based in Little Rock, has opened an office in the Bella Vista branch of First Western Bank and Trust of Rogers. Additionally,…

Simmons First Pushes into Washington County

The acquisition of the Bank of Lincoln by Simmons First Bank of Northwest Arkansas was scheduled for completion on May 1. Joe Mills, president of Simmons First, says the Simmons…

First Security Plans Rogers Branch for 2000

First Security Bank, the Searcy-based bank that expects to open its new 14,000-SF building in Fayetteville in early June, is planning to build a similar facility in Rogers. Jim Taylor,…

Northwest Arkansas Banks Should be ‘A-OK’ Despite Y2K

Jan. 3, 2000, should be business as usual, officials from most area banks and savings institutions say. As the first weekday of the new year, that could be the day…

Dykema Leads Charge into Internet Banking

Dan Dykema was first in line to get Arkansas National Bank of Bentonville online. The bank president says in 1996 he began to view the Internet as another potential delivery…

Area Banks Struggle to Meet State Average

The Northwest Arkansas Business Journal’s list of banks gives some indication of just how competitive banking is in the region. Just a handful of institutions fared as well or better…

Bentonville Opens New Birthing Center

Bates Medical Center in Bentonville is back in the baby business. The hospital recently opened its $2 million Family BirthPlace, a facility that allows Bates to deliver babies for the…

$13.5 Million Gift to Fund Senior Health Care

A $13.5 million gift from the Schmieding Foundation will provide for the building and operating of a new senior health and education center in Springdale. The donation, announced April 5…

Prescriptions Go On-line at The Medicine Shoppe

Ted Borgstadt, who owns three Northwest Arkansas drugstores, recently got permission from the state Board of Pharmacy to accept prescription refill orders over the Internet. Borgstadt says customers often transfer…

British Stocks Jump on Work of Wal-Mart Meeting

The price of British supermarket shares jumped in heavy trading April 22 after verification from Downing Street that executives from Bentonville-based Wal-Mart Stores Inc. had met with British Prime Minister…

Sears Renovatoin Nears Completion

Renovation of the Sears store in Fay-etteville’s Northwest Arkansas Mall should be completed around July 1, says Greg Day, who took over as the store’s manager in January. Day previously…

Baker Publishes Book About eBay

Mike Baker of Springdale (not the Michael Baker who owns Houndstooth Clothing Co. of Fayetteville) has published a booklet about Internet auctions. Titled “Strike It Rich On EBAY,” Baker’s 74-page…

Broiler Chick Placement Heats Up Before Summer

Arkansas broiler growers placed 24,847,000 chicks on their farms the week of April 3. That translates into about $45.3 million worth of live birds when they’re taken to market in…

University Study Cooks Up Profits

A team of UA researchers is using a computer to simulate the cooking of food in poultry processing plants. Led by Bradley P. Marks, an associate professor with the Department…

Holy Cow Peas, Variety is a Success

Ted Morelock, a professor of horticulture at the University of Arkansas, developed a variety of southern peas in December 1995 that has become one of the most widely used by…

Methodist Village to build early learning center, add 19 jobs

ORT ridership exceeds 345,000

ARDOT wants feedback on final segment of Springdale Northern Bypass

Walmart announces top executive leadership changes (Updated)