Arkansas Business articles from February 2008

Arkansas Business archives from February 2008

Power list profiles 180 industry leaders.(THE POWER LIST)
February 4, 2008... ARKANSAS BUSINESS' ANNUAL POWER LIST IS BACK THIS WEEK and more powerful than ever. The Power List draws primarily from the nearly 50 businessrelated lists that appear in this publication during the course of a year. It is a collection of...

Bank buy.(Whispers)
February 4, 2008... $22.75 million. That's how much Farmers & Merchants Bankshares Inc. of Stuttgart expects to pay for Perry County Bancshares Inc. of Perryville. Chart Bank, the lone PCB bank, recorded a $900,000 profit through the first nine months of...

Payday coming.(Whispers)(ownership of the holding company for Perryville's Chart Bank is divided evenly among a quartet of shareholders)(Brief article)
February 4, 2008... Who will profit from the sale? Ownership of the holding company for Perryville's Chart Bank is divided evenly among a quartet of shareholders. The resulting split means nearly $5.7 million each for Herby Branscum Jr. and his wife, Billie...

Hauled to court.(Whispers)
February 4, 2008... Days after a former chief financial officer at Continental Express Inc. pleaded guilty to a federal charge of aiding and abetting mail fraud, the Little Rock trucking company sued its auditor. Continental Express has accused BKD LLP of...

Bale takes on IRS.(Whispers)
February 4, 2008... Bale Chevrolet Co. of Little Rock has sued the IRS in an attempt to get back more than $100,000 in fines. The fines stem from an IRS audit of Bale's compliance with the Form 8300 requirement, which car dealerships are supposed to file when...

Moving on up.(Arkansas ranks 15th in economic ranking)(Editorial)
February 4, 2008... IN THE AMERICAN LEGISLATIVE Exchange Council's first economic ranking of all 50 states, Arkansas, with its low property and business taxes, no estate tax, low workers' compensation costs and "right-to-work" laws, ranked 15th out of the 50...

Emotional economics.(Editorial)(Brief article)
February 4, 2008... A CENTURY AND A HALF HAS passed since Thomas Carlyle branded economics "the dismal science"--and it still seems dismal most of the time, but less and less like a science. In the 21st century, you'd think that economics would have been refined...

[Cartoon].(Editorial)(Cartoon)
February 4, 2008... IF AN ARKANSAN WINS THE PRESIDENCY, SOMEHOW WE WILL GET BLAMED! [ILLUSTRATION OMITTED]

The jobs crisis.(Publisher's Note)
February 4, 2008... HIGHER UNEMPLOYMENT rates in Arkansas and across the United States are getting most of the attention as we endure the economic slowdown or even recession. The underlying fundamentals of the labor force, from demographics to education and...

Townhome transaction.(Real Deals: A Look at Important Real Estate Transactions)
February 4, 2008... A 28-unit townhome project in Maumelle is under new ownership after a $1.35 million sale. K&M Holdings LLC, led by Robert and Janie Kehler and Glenn and Leanna McClendon, bought Pine Forest Apartments at 301 Pine Forest Drive. The seller...

Condo acquisition.(Real Deals: A Look at Important Real Estate Transactions)(Harold S. Tenenbaum Revocable Trust acquires condo space from Argenta Place LLC)(Brief article)
February 4, 2008... Condo space in downtown North Little Rock rang up an $834,000 transaction. Harold S. Tenenbaum Revocable Trust acquired the 3,098-SF unit on the third floor at 301 Main St. from Argenta Place LLC, led by John Gaudin. The 0.44-acre...

Industrial acreage.(Real Deals: A Look at Important Real Estate Transactions)(Triavictus Lodging LLC purchases land from J.G. Construction Co.)(Brief article)
February 4, 2008... A 16.8-acre commercial tract in Maumelle changed hands in a $624,000 deal. Triavictus Lodging LLC, led by David Haas, Marc Yelenich and Benjamin Eiler, purchased the land near the northwest corner of Murphy and Carnahan drives. The seller...

Edgehill residence.(Real Deals: A Look at Important Real Estate Transactions)(Edgehill LLC purchases home )(Brief article)
February 4, 2008... A 3,500-SF home in Little Rock's Edgehill neighborhood tipped the scales at a reported $925,000. 50 Edgehill LLC, led by Noelle Nikpour, bought the house from Frank Lyons Jr. and his wife, Marilyn. The sale is financed with a six-month...

Rivers Edge abode.(Real Deals: A Look at Important Real Estate Transactions)
February 4, 2008... A 2,872-SF home in Little Rock's Rivers Edge neighborhood drew an $845,000 sale. James and Betty Tucker acquired the house from Brian and Helen Kay. The Kays bought the property for $700,000 in June 2003 from Donald and Barbara Munro.

Chenal sale I.(Real Deals: A Look at Important Real Estate Transactions)
February 4, 2008... A 5,200-SF home in west Little Rock's Chenal Valley neighborhood is under new ownership in a $720,000 deal. James and Sara Batcheller purchased the house from David and Sarah Wengel. The deal is funded with a 25-year loan of $324,562 and a...

Heights home.(Real Deals: A Look at Important Real Estate Transactions)(Morgan Keegan and Company Inc. brings house from Jessica N. Waschka Living Revocable Trust)(Brief article)
February 4, 2008... A 2,780-SF home near the Country Club of Little Rock rang up a $570,000 sale. Morgan Keyes bought the house from the Jessica N. Waschka Living Revocable Trust. The deal is financed with a 30-year loan of $417,000 from A.G. Edwards Mortgage...

Foxboro house.(Real Deals: A Look at Important Real Estate Transactions)
February 4, 2008... A 3,900-SF home in Little Rock's Foxboro neighborhood rang up a $540,000 transaction. Ann Wrotny acquired the house from Anthony and Janet Dillon. The residence previously was linked with a January 2004 mortgage of $400,000 held by Arrest...

Chenal sale II.(Real Deals: A Look at Important Real Estate Transactions)
February 4, 2008... A 4,246-SF home in west Little Rock's Chenal Valley neighborhood changed hands in a $500,000 deal. Jamaal Anderson purchased the house from James and Zada Adametz. The deal is backed with a 30-year loan of $400,000 from Suntrust Mortgage...

Bottling mortgage.(Real Deals: A Look at Important Real Estate Transactions)
February 4, 2008... The owner of a bottled water venture in southwest Little Rock received an $8.9 million financial package. Mountain Pure LLC, led by John Stacks, picked up the 32-month loan from Metropolitan National Bank of Little Rock. The 9.93-acre...

Church financing.(Real Deals: A Look at Important Real Estate Transactions)
February 4, 2008... A North Little Rock congregation landed a $6.1 million funding agreement. Summit Church got the fiveyear loan from BancorpSouth Bank. The 7.7-acre development at 6600 Crystal Hill Road previously was tied to an October 2006 mortgage of $2.4...

Apartment funding.(Real Deals: A Look at Important Real Estate Transactions)
February 4, 2008... A 133-unit apartment project in southwest Little Rock was used to secure a $3 million mortgage. Little Rock Group LLC, led by Stephen St. Clair, obtained the loan from Imperial Capital Bank of Glendale, Calif. The 4.35-acre Willow...

Industrial loan.(Real Deals: A Look at Important Real Estate Transactions)(Industrial Properties Corp. receives loan from One Bank and Trust)(Brief article)
February 4, 2008... A 2.3-acre industrial property in south Little Rock is backing a $1.4 million mortgage. Industrial Properties Ltd., led by Dan Lasater, received the five-year loan from One Bank & Trust. The limited partnership acquired the 4300 W....

KRL note.(Real Deals: A Look at Important Real Estate Transactions)
February 4, 2008... The one-time Little Rock home of Madison Guaranty Savings & Loan is behind a $1.34 million funding agreement. KRL Properties LLC, led by Mark Leverett, landed the five-year loan from Summit Bank of Arkadelphia. The one-acre development...

Pizza mortgage.(Real Deals: A Look at Important Real Estate Transactions)
February 4, 2008... The owner of a Maumelle restaurant project picked up a $1.06 million financial package. KAC Limited LLC, led by Keith Hardin and Mike Arnold, got the three-year loan from One Bank & Trust. The 3.2-acre Jim's Razorback Pizza development at...

Whirlpool to close 2 plants, add 275 jobs.(MANUFACTURING)
February 4, 2008... Whirlpool Corp. of Benton Harbor, Mich., said it would be moving production of its built-in refrigerator from a manufacturing facility in La Vergne, Tenn., to Fort Smith. The new product line will add about 275 jobs, bringing Whirlpool's...

Champion Parts converts to Chapter 7 bankruptcy.(Inside Business)
February 4, 2008... Champion Parts Inc. of Hope, which filed for reorganization under Chapter 11 last October, converted that petition to Chapter 7 on Jan. 25 and will be liquidated. In its October filing with the Securities & Exchange Commission, the company...

Baldor 4q profit up 92 percent.(Public Company Reports)(Financial report)
February 4, 2008... Baidor Electric Co. of Fort Smith said fourthquarter profit increased by 92 percent to $23.4 million, or 51 cents a share, compared with $12.2 million, or 37 cents a share in the final quarter of 2006. Figuring into the growth was Baldor's...

Murphy Oil reports profits in 4th quarter $201.1 million.(Public Company Reports)(Financial report)
February 4, 2008... Murphy Oil Corp., boosted by higher oil and natural gas production while prices were rising, reported fourth-quarter earnings of $201.1 million, or $1.07 a share, compared with $88.4 million, or 47 cents a share, for the final period of 2006....

First Federal 4q earnings decrease by 54 percent.(Public Company Reports)
February 4, 2008... First Federal Bancshares of Arkansas Inc. of Harrison said fourth-quarter net income dropped about 54 percent. Earnings fell to $549,000, or 13 cents a share, from $1.4 million, or 29 cents a share, during the same quarter last year, the...

J.B. Hunt earnings slide, but beat expectations.(Public Company Reports)(Financial report)
February 4, 2008... J.B. Hunt Transport Services Inc. said fourthquarter earnings fell year-over-year but still handily beat Wall Street expectations. The trucking company reported fourth-quarter earnings of $54.3 million, or 42 cents a share, a 6 percent...

Tyson's profit falls 40 percent; higher production costs cited.(Public Company Reports)(Financial report)
February 4, 2008... Tyson Foods Inc. said first-quarter profit dropped 40 percent amid higher production costs and added that it will raise prices to offset those costs. The world's largest meat processor also withdrew earnings guidance for the year because...

Arkansas best 4q profit falls.(Public Company Reports)(Arkansas Best Corp.)(Financial report)(Brief article)
February 4, 2008... Arkansas Best Corp. said fourth-quarter profit fell to $13.5 million, or 54 cents a share, compared to $14.2 million, or 56 cents a share during the same quarter last year. The holding company said revenue increased to $459.3 million from...

Heifer gets $42.8m from Gates Foundation.(NONPROFIT)
February 4, 2008... Heifer International has received a four-year, $42.8 million grant from the Bill & Melinda Gates Foundation for a project designed to stimulate the agricultural economy in East Africa. The grant, announced by Heifer President and CEO Jo...

Good Faith Fund wants tax for scholarships.(Inside Business)
February 4, 2008... The Southern Good Faith Fund says increased severance tax revenue from the Fayetteville Shale Play could eventually turn the E1 Dorado Promise into an Arkansas Promise. The nonprofit entered the severance tax funds debate last week,...

MNB gets deposition sealed in Terminella suit.(NW Journal: A Look at News From Northwest Arkansas)
February 4, 2008... Metropolitan National Bank of Little Rock won a battle in its case against Fayetteville developer Tom Terminella when a Washington County Circuit Court judge ruled that the deposition of MNB loan officer Susan Slinkard be placed under seal. ...

Wal-Mart, UA, CaseStack discuss sustainability push.(NW Journal: A Look at News From Northwest Arkansas)
February 4, 2008... Wal-Mart Stores Inc. and University of Arkansas representatives welcomed CaseStack Inc. employees to northwest Arkansas with an informational luncheon at the World Trade Center in Rogers Jan. 16. CaseStack of Santa Monica, Calif., is a...

KNWA promotes employee to news director position.(NW Journal: A Look at News From Northwest Arkansas)(KNWA-TV promotes Brook Thomas)(Brief article)
February 4, 2008... Fayetteville's NBC affiliate, KNWA-TV, Channel 51, announced in mid-January that it had promoted Brook Thomas to be the station's news director. Thomas previously was assistant news director of KNWA. He replaces Scott Pickey, who was the...

The Arkansas Aerospace Summit will be held Feb. 21 at the University of Arkansas at Little Rock's Bailey Center from 2-4 p.m.(Business Briefs)(Brief article)
February 4, 2008... The Arkansas Aerospace Summit will be held Feb. 21 at the University of Arkansas at Little Rock's Bailey Center from 2-4 p.m. Five additional locations--Bentonville, Camden, Jonesboro, Hot Springs and Mena--will host the summit through live...

ABF Freight System Inc., the largest subsidiary of Arkansas Best Corp., reached a tentative collective bargaining agreement with the International Brotherhood of Teamsters last week for a new five-year labor agreement.(Business Briefs)
February 4, 2008... ABF Freight System Inc., the largest subsidiary of Arkansas Best Corp., reached a tentative collective bargaining agreement with the International Brotherhood of Teamsters last week for a new five-year labor agreement. ABF's Teamster employees...

The 34th annual Arkansas Governor's Conference on Tourism will be held March 9-11 at Rogers.(Business Briefs)(Conference news)
February 4, 2008... The 34th annual Arkansas Governor's Conference on Tourism will be held March 9-11 at Rogers. This year's theme is "Time to Travel the Road to Arkansas." More than 650 members of the tourism industry are expected at the Embassy Suites Northwest...

Space Photonics Inc. of Fayetteville received $3.83 million from Small Business Innovation Research programs during 2007.(Business Briefs)
February 4, 2008... Space Photonics Inc. of Fayetteville received $3.83 million from Small Business Innovation Research programs during 2007. Already Arkansas' leading SBIR breadwinner, the company has now received 26 SBIR contract awards, bringing the value of...

Sharon Priest, executive director of the Downtown Little Rock Partnership, has been reappointed to a three-year term on the board of directors of the Little Rock Branch of the Federal Reserve Bank of St. Louis.(Business Briefs)
February 4, 2008... Sharon Priest, executive director of the Downtown Little Rock Partnership, has been reappointed to a three-year term on the board of directors of the Little Rock Branch of the Federal Reserve Bank of St. Louis. She is also on the board of...

The Arkansas Farm Bureau will stock Little Rock's Ronald McDonald House food pantry for the next three months in commemoration of Food Check-Out Week, a national observance Feb. 3-9 to draw attention to the point in the year when the average American wage-earner will have earned enough to pay for his or her family's food supply for the entire year.(Business Briefs)
February 4, 2008... The Arkansas Farm Bureau will stock Little Rock's Ronald McDonald House food pantry for the next three months in commemoration of Food Check-Out Week, a national observance Feb. 3-9 to draw attention to the point in the year when the average...

The Arkansas Chamber of Commerce Executives will hold its 2008 Mini-Institute on volunteer leadership training Feb. 3-6.(Business Briefs)
February 4, 2008... The Arkansas Chamber of Commerce Executives will hold its 2008 Mini-Institute on volunteer leadership training Feb. 3-6 at the LaQuinta Inn & Suites Conference Center in Little Rock.

Bee Safe Data Services of Benton is offering $5 criminal background checks to nonprofit organizations seeking information on volunteers.(Business Briefs)
February 4, 2008... Bee Safe Data Services of Benton is offering $5 criminal background checks to nonprofit organizations seeking information on volunteers. For more information call John Riegler at (501) 372-1841.

Washington Regional Medical Center at Fayetteville has installed a new cardiac imaging system in its cardiac catheterization lab in the Walker Heart & Vascular Institute.(Business Briefs)
February 4, 2008... Washington Regional Medical Center at Fayetteville has installed a new cardiac imaging system in its cardiac catheterization lab in the Walker Heart & Vascular Institute. The Axiom Artis dTC cardiac angiography system from Siemens Medical...

Aetna Inc.(Business Briefs)
February 4, 2008... Aetna Inc. has begun selling health plans for individuals and their families throughout Arkansas. Consumers will be able to purchase health insurance directly from Aetna or through independent insurance agents or brokers. Individuals may choose...

Nabholz Construction Corp.(CONSTRUCTION)
February 4, 2008... Joey Ryan has been promoted to safety director for the Ozark operation of Nabholz Construction Corp. in Rogers.

Tom W. Dillard has received the 2008 Salute to Greatness Award from the Arkansas Martin Luther King Jr. Commission.(EDUCATION)(Brief article)
February 4, 2008... Tom W. Dillard has received the 2008 Salute to Greatness Award from the Arkansas Martin Luther King Jr. Commission. Dillard is an Arkansas historian and head of the special collections department of the University of Arkansas at Fayetteville...

Inyong Park, of the department of chemistry and physics at the University of Arkansas at Pine Bluff, has been selected as a Kavli Institute for Theoretical Physics Scholar.(EDUCATION)
February 4, 2008... Inyong Park, of the department of chemistry and physics at the University of Arkansas at Pine Bluff, has been selected as a Kavli Institute for Theoretical Physics Scholar. The program, based at the University of California at Santa Barbara, is...

Allied Bank.(FINANCIAL SERVICES)
February 4, 2008... Alex Golden has been named chief executive officer of Allied Bank in Little Rock. Golden has served as president of Allied Bank since August 2000.

Union Bank.(FINANCIAL SERVICES)
February 4, 2008... [ILLUSTRATION OMITTED] Lori Lemons has been promoted to assistant vice president of Union Bank in Bryant.

Arkansas Early Childhood Commission.(GOVERNMENT)
February 4, 2008... [ILLUSTRATION OMITTED] Evelyn Bass, early childhood coordinator for the Arkansas Educational Television Network, has been appointed to the Arkansas Early Childhood Commission by Gov. Mike Beebe.

Pulaski County Medical Society.(HEALTH CARE)
February 4, 2008... Dr. Kemp Skokos has been elected president of the Pulaski County Medical Society. Other new officers include Dr. Carl Covey, president-elect; Dr. Graham Greene, vice president; Dr. Chad Rodgers, secretary; and Dr. Ashley Deed, treasurer. Dr....

Pulaski County Medical Exchange.(HEALTH CARE)
February 4, 2008... Dr. Deane Baldwin has been reelected president of the Pulaski County Medical Exchange. Other new officers include Dr. Charles Phillips, vice president; Dr. John Brizzolara, treasurer; and Carolyn Clayton, secretary.

Cranford Johnson Robinson Woods.(MEDIA/MARKETING)
February 4, 2008... [ILLUSTRATIONS OMITTED] Steve Allen has joined Cranford Johnson Robinson Woods in Little Rock as chief financial adviser. Allen has more than 16 years of CFO experience. Melissa Coggins has also joined the agency as a controller.

Public Relations Society of America.(MEDIA MARKETING)
February 4, 2008... [ILLUSTRATIONS OMITTED] Mary Hunter Wagoner, president of Abacus Image, has been named president of the 2008 board of directors of the Arkansas chapter of the Public Relations Society of America. Other new board members include Natalie...

Arkansas Sheriffs' Youth Ranches.(NONPROFITS)
February 4, 2008... Robin Brock has been named to the board of directors, foundation board and board of visitors for the Arkansas Sheriffs' Youth Ranches in Batesville. [ILLUSTRATION OMITTED] Brock is senior vice president of the trust department of the...

The Arkansas Flower & Garden Show L.L.C.(NONPROFITS)
February 4, 2008... Krista Quinn has been hired as executive director by The Arkansas Flower & Garden Show L.L.C.

Main Street Arkansas.(NONPROFITS)
February 4, 2008... [ILLUSTRATION OMITTED] Michael J. Drake, executive director of Main Street Argenta Inc., has been selected by Main Street Arkansas as outstanding executive director of the year. Main Street Arkansas awards recognize outstanding...

Glenn Tyson has joined CryeLeike Realtors in Benton as a sales associate.(REAL ESTATE)
February 4, 2008... [ILLUSTRATION OMITTED] Glenn Tyson has joined CryeLeike Realtors in Benton as a sales associate. Tyson is a licensed real estate sales associate and specializes in residential real estate.

Irwin Partners.(REAL ESTATE)
February 4, 2008... Margi Tucker has been hired as a broker by Irwin Partners' northwest Arkansas team in Springdale. Tucker has 25 years of real estate sales and marketing experience. Matt Brown has also joined the northwest Arkansas team as a broker.

Stock summary.
February 4, 2008... Stock Summary 1/31/2008 Weekly YTD Arkansas Public Company Stocks Close Change Change Acxiom Corp. (ACXM) 10.61 1.92% -59.43% A.E.R.T....

Home info.(Outtakes: An Inside Look Into Arkansas Media)
February 4, 2008... Some "Arkansas celebrities" will soon be gracing a handful of national television networks while helping Ron Sherman Advertising of Little Rock launch TheHomeImprovementNet.Com. About 90 percent of the ad agency's efforts are geared toward...

Legal notices.(Public notice)
February 4, 2008... IN THE CIRCUIT COURT OF PULASKI COUNTY, ARKANSAS PROBATE DIVISION--17TH IN THE MATTER OF THE ESTATE OF No. PAA2007-1945 ANNA RUTH PETTY, DECEASED NOTICE Last known address of decedent: 5811 Kentucky Derby Court Austin, TX 78746 ...

On the march.(Outtakes: An Inside Look Into Arkansas Media)
February 4, 2008... You may remember the scandal leading up to the February 2006 annual Arkansas Advertising Federation local awards show, when the big firms that traditionally provided about 70 percent of the contest's entries decided to sit on the bench. It...

Morning biz.(Outtakes: An Inside Look Into Arkansas Media)(KTHV-TV, Channel 11)(Brief article)
February 4, 2008... By now you're used to seeing Arkansas Business personalities on KTHV-TV, Channel 11, our news partner, weekdays during its noon newscast and Mondays during its 6 p.m. newscast. Starting today the weekday morning shows are in the mix, which...

Jacuzzi name remains an icon for family business, home spa.(Family-Owned Businesses)(Jacuzzi Brothers)
February 11, 2008... [ILLUSTRATION OMITTED] IN ITS HEYDAY, JACUZZI BROTHERS INC. was recognized as the consummate family business and iconic American success story. The manufacturing enterprise is remembered as an innovative venture where scores of Jacuzzis...

J&M Foods, tops in cheese straws, keeping ovens hot.(Family-Owned Businesses)
February 11, 2008... MORE THAN 20 YEARS AGO, JAMIE PARHAM of Little Rock was going through a divorce and needed cash. So she fired up her oven and started baking and selling her grandmother's cheese straws, those gourmet pastries about the size of a pinkie...

Big deal.(Whispers)
February 11, 2008... Two west Little Rock projects are part of a $1.7 billion apartment portfolio sale. A joint venture between DRA Advisors LLC of New York and Steven D. Bell & Co. of Greensboro, N.C., is acquiring the Shadow Lake and Turtle Creek projects...

Nip that bud rumor.(Whispers)
February 11, 2008... Rumors of widespread evictions from the Regions Building in downtown Little Rock have been greatly exaggerated. But there is a nugget of truth in there. The inimitable Bud Whetstone, whose law office has been a fixture on the 29th...

Juanita's for sale.(Whispers)
February 11, 2008... Juanita's Cafe & Bar, the Little Rock restaurant that features live music and Mexican food, is for sale. We're hearing the asking price is $1.1 million for the joint at 1300 S. Main St. that is in its 22nd year of business. We don't...

Down from the tower.(Whispers)(Brief article)
February 11, 2008... The one voice missing from the saga of KATV-TV, Channel 7's tower collapse on Jan. 11 was finally heard from last week. Longtime General Manager Dale Nicholson, who says he's had his hands full, was eating lunch with News Director Randy...

It really is the economy!(Editorial)
February 11, 2008... ONE OF THE THINGS TO come out of the Super Tuesday presidential primaries, other than the fact that the nominating process will continue, is that voters are more concerned about the economy than just about anything else. There is a true...

Where's Boozman?(Letters)(Letter to the editor)
February 11, 2008... Surely missing U.S. Rep. John Boozman, R-Ark., as one of Arkansas' more influential business leaders (in government) was an oversight! The man has devoted a remarkable amount of time to business-friendly activities. Too bad I cannot say that...

Not so fast!(Letter to the editor)
February 11, 2008... Dear Gov. [Mike] Beebe, Mr. [Sheffield] Nelson, Arkansas Legislators and fellow citizens of Arkansas: We are the National Association of Royalty Owners and NARO-Arkansas and want you to know that any severance tax increase is not just a tax...

[Cartoon].(Editorial)(Cartoon)
February 11, 2008... THEY'RE NOT BITING, SHEF! [ILLUSTRATION OMITTED]

Community news.(Editor's Note)
February 11, 2008... BY THE TIME YOU READ THIS column, I hope John Glasgow has returned safely to his family. The idea that anyone could disappear into what his brother Roger called "thin blue air" is shocking, and for the missing person to be a solid, respected...

Executive development in hard times.(On Leadership)
February 11, 2008... IF YOU ARE READING THIS, you are likely aware that Arkansas Business and I are offering a leadership development seminar in March. I try to be fastidious about not using this forum to sell services. But I am also preparing to speak at the...

Mobile transaction.(Real Deals: A Look at Important Real Estate Transactions)
February 11, 2008... The Pulaski County portion of a mobile home park purchase tipped the scales at $4 million. Knollwood Mobile Home Park LLC of Birmingham, Mich., bought the 57-acre K-Mobile Home Park development at 17102 N. Alexander Road from Willie Aaron...

Motel purchase.(Real Deals: A Look at Important Real Estate Transactions)
February 11, 2008... A 52-room motel in southwest Little Rock is under new ownership after a $1.65 million transaction. Sai Lodging Inc., led by Ishvery Govind, purchased the Super 8 Motel at 8115 Frenchman's Lane. The seller is LK Investments of Little Rock...

Motel land.(Real Deals: A Look at Important Real Estate Transactions)
February 11, 2008... A 1.73-acre motel site in west Little Rock changed hands in a $713,000 deal. Akshar 12 LLC, led by Shailest Vora, acquired the location near the southeast corner of Shackleford and Kanis roads from BancorpSouth Bank of Tupelo, Miss. ...

Apartment sale.(Real Deals: A Look at Important Real Estate Transactions)
February 11, 2008... A small apartment project in Little Rock rang up a $500,000 sale. Ricks Properties LLC, led by Georganne and Jett Ricks, bought the 115 N. Fillmore St. project. The seller is Richmond Holdings Inc., led by Sidney Richmond Jr. The...

Vending acquisition.(Real Deals: A Look at Important Real Estate Transactions)
February 11, 2008... An industrial project in southwest Little Rock drew a $265,000 transaction. Automatic Vending of Arkansas Inc., led by F.M. Bellingrath III, purchased the 9809 Mann Road property from Robert Grable. The deal is financed with a...