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Financial outlook improves for Arkansas Best, USA Truck
story by Michael Tilleymtilley@thecitywire.comThe outlook for two trucking operations that employ more than 1,000 in the Fort Smith region – and many of those being good-paying jobs – is improving....
View ArticleStaples to shutter 225 stores
Office supply retailer Staples will close 225 stores in North America by the middle of next year seeking to trim costs amid a weaker sales climate.Staples said it is aiming to save $500 million...
View ArticleCrystal Bridges teams up with NWACC for musical, lecture events
NorthWest Arkansas Community College has joined forces with Crystal Bridges Museum of American Art to bring “Vivaldi’s Sounds of Spring” to life for local audiences on March 19 and 21.The Vivaldi...
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Rising consumer debt also linked to lackluster retail results
story by Kim Souzaksouza@thecitywire.comConsumer debt, and not just wicked winter weather, is having a chilling effect on retail sales. Consumer debt rose by $241 billion in the fourth quarter of 2013,...
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Union Pacific chief says energy, agri markets boosting business for railroads
story by Roby Brock, a TCW content partner and owner of Talk Businessroby@talkbusiness.netThe CEO of Union Pacific Corp., the railroad transportation giant, told a Little Rock audience that he sees...
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The Supply Side: More men in the grocery aisle, opportunity for brands
story by Kim Souzaksouza@thecitywire.comEditor’s note: The Supply Side section of The City Wire focuses on the companies, organizations, issues and individuals engaged in providing products and...
View ArticleJohn H. Tyson redeems $12.9 million of company stock
Tyson Foods Chairman John Tyson sold 336,895 shares of Tyson Foods stock for an estimated $12.9 million earlier this week, according to a filing with the Securities and Exchange Commission.Following...
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The Friday Wire: Hispanics, taxes and chicken
A dearth of political candidates for legislative seats, tough allegations against the poultry industry, growth in Hispanic buying power and comments about “intimidator” Putin are part of the Northwest...
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The Friday Wire: A short list of candidates and a happy trucker
A dearth of political candidates for legislative seats, tough allegations against the poultry industry, thoughts on “New Tech” schools and an excited trucking exec are part of the March 7 Friday Wire...
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Private Option insured 94,000 by end of February
story by Ryan Saylorrsaylor@thecitywire.comMembers of the Fort Smith Regional Chamber of Commerce received an update Friday morning (March 7) on the current state of the so-called Private Option,...
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Superior Industries' profit slides amid capacity constraints
story by Kim Souzaksouza@thecitywire.comVan Nuys, Calif.-based Superior Industries, one of Northwest Arkansas' largest manufacturers, reports a challenging start to 2014, as its biggest customers Ford,...
View ArticleJ.B. Hunt Transport to raise $500 million in bond underwriting
J.B. Hunt Transport Services Inc. recently entered into an underwriting agreement with J.P. Morgan Securities, Goldman, Sachs and Morgan Stanley on the issuance and sale of $500 million in new bonds,...
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Northwest Arkansas commercial development picks up steam
story by Kim Souzaksouza@thecitywire.comPrivate investment is beginning to trickle back into the commercial real estate sectors in Benton and Washington counties. Several announcements and other...
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Peco Foods to invest $165 million, add 1,000 jobs in NE Arkansas
Tuscaloosa, Ala.-based Peco Foods will invest $165 million in the construction of a new fully integrated processing operation near Pocahontas in northeast Arkansas. The operation is expected to employ...
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UFCW still pushing for union vote at three O.K. Foods facilities
story by Ryan Saylorrsaylor@thecitywire.comA vote on unionization at O.K. Foods that was expected to take place in late 2013 is now likely to take place later this year, according to a union that has...
View ArticleGeorge’s recalls chicken breast from undeclared allergen
Springdale-based George's Inc. recalled approximately 29,200 pounds of seasoned raw chicken breast strips because of a labeling error involving a known allergen, according to the U.S. Department of...
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Optimism builds, hiring expected to grow in NWA small business sector
story by Kim Souzaksouza@thecitywire.comJobs continue to be the catalyst that drives Northwest Arkansas’s regional economy and for the first time since 2009 the small business sector is more optimistic...
View ArticleEcoArk Inc. acquires Eco3d
EcoArk Inc., a Rogers-based company focused on sustainability and waste stream recovery, recently acquired Eco3d, a Phoeniz, Ariz.-based firm that provides the integration of 3d technology and 3d...
View ArticleP.A.M. Transportation shares rally to new high
Shares of the thinly traded P.A.M. Transportation Services Inc. hit a 52-week high on Tuesday (March 11) rising 3% to $23 on heavier than usual trading in the morning session.P.A.M. share price has...
View ArticleMemco, M&M Poultry Equipment break ground on new facility
Memco and M&M Poultry Equipment broke ground Tuesday (March 11) for a new warehouse and distribution center at 3001 E. Huntsville Ave., in Springdale. Investment costs were not disclosed in the...
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