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John Magsam

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Northwest Business Reporter
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Recent Stories

Walther Arms designs .45-caliber ACP gun

Pistol’s features similar to PPK wielded by Bond

Subscriber onlyFamous for making the pistols carried by British secret agent James Bond, German gun-maker Walther is releasing its PPQ handgun chambered in the American .45-caliber ACP cartridge. Continue reading...

Used-car dealer's earnings off mark

Car-Mart shares down 9 percent

Subscriber onlyAmerica's Car-Mart saw its share price wilt Friday, dropping 9 percent after the company released first-quarter earning results that missed analysts' profit estimates by more than 30 cents per share. Continue reading...

Retail slots all rented in orbit of Fayetteville's Whole Foods

Site near I-49, and grocer called a magnet for well-heeled

Subscriber onlyThe soon-to-open Whole Foods Market is acting like a magnet. With months to go before its grand opening in Northwest Arkansas, the specialty grocer is making its presence felt. Continue reading...

Acxiom closes sale of infrastructure arm

Subscriber onlyTwo private-equity firms have closed on their purchase of Acxiom Corp.'s information-technology infrastructure management operations. Continue reading...

Allens' trustee: Put deal to court

At issue, $11.8M paid to creditors

Subscriber onlyThe Chapter 7 trustee for bankrupt vegetable company Allens Inc. wants a judge to force Sager Creek Vegetable Co., Allens' initial buyer, to submit for court approval a nearly $12 million settlement deal it made with three of Allens' creditors. Continue reading...

Zero Mountain plans Fort Smith expansion

Subscriber onlyFort Smith-based Zero Mountain Inc. has acquired property for $4 million and will expand its facility, increasing the company's cold storage capacity to more than half a million square feet. Continue reading...

Georgia lot is Car-Mart’s 142nd overall

Subscriber onlyBentonville-based buy-here, pay-here, used-car dealer America's Car-Mart has opened dealership number 142 in Albany, Ga. Continue reading...

Ozark Beer Co. pours on growth

Equipment boosts NW Arkansas firm’s production 50%

Subscriber onlyOzark Beer Co. is expanding, adding new equipment that will allow it to brew 50 percent more beer. Ozark Beer isn't alone. Several breweries in Northwest Arkansas are making various moves to meet what they say is steadily growing demand. Continue reading...

APEI acquired by Cree of N.C.

Fayetteville firm builds tech parts

Subscriber onlyFayetteville-based Arkansas Power Electronics International has been acquired by Cree Inc., a North Carolina company that markets and produces light-emitting diode technology and semiconductor products. Continue reading...

Furniture retailer set to move to Fort Smith

Subscriber onlyFORT SMITH -- Furniture Factory Outlet Home is moving its headquarters and manufacturing operations from Oklahoma to Fort Smith. Continue reading...

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