Arkansas teacher system to back pellet-maker's $150 million loan

Posted: July 21, 2018 at 4:30 a.m.

George Hopkins, executive director Arkansas Teacher Retirement System, is shown in this file photo.

The Arkansas Teacher Retirement System will guarantee a $150 million loan and interest owed by Highland Pellets LLC, which operates a wood-pellet manufacturing plant in the Pine Bluff industrial park near White Hall, the system's trustees decided Friday.

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