Back to John's profile

Stories by John Magsam

RSS

Fayetteville startup's chief says operation small, but thinking big

Subscriber onlyFAYETTEVILLE -- Casey Kinsey, president of Lofty Labs, never considered he'd be building a software development and data analytics company when he struck out on his own and began working as a freelance software consultant in 2014. Continue reading...

Car-Mart's 4Q earnings top forecasts

Subscriber onlyBentonville-based America's Car-Mart reported fourth-quarter earnings late Monday that beat analysts' estimates, and Wall Street reacted favorably to the report, pushing the buy here, pay here used-car company's shares up more than 12 percent in morning trading. Continue reading...

SurfTech awarded $1.2M federal grant

Subscriber onlyFayetteville-based technology startup SurfTech LLC has been awarded $1.2 million from the U.S. Department of Energy to further develop its friction-reducing coating. Continue reading...

Tyson profit falls 21% in 2Q

On track for year, CEO says; plant fires, late Easter noted

Subscriber onlyTyson Foods on Monday reported a 21 percent drop in second-quarter profit, noting two plant fires hurt its chicken segment for the period and confirming it had received a request for information from the Florida attorney general in a price-fixing investigation. Continue reading...

Husqvarna building warehouse in state

Subscriber onlyOutdoor power toolmaker Husqvarna is building a new Arkansas warehouse operation in Nashville where it will eventually consolidate its distribution operations currently in De Queen and Shreveport. Continue reading...

Tacos 4 Life expands philanthropic goal

Subscriber onlyA Conway-based restaurant chain is working to make a profit while it tries to feed the world's hungry -- one taco at a time. Continue reading...

Furniture firm asks to hold a final sale

Subscriber onlyFurniture retailer I.O. Metro, which does business as Erdos at Home, has filed for bankruptcy protection and is asking a judge to allow the company to hold a going-out-of-business sale. Continue reading...

Tyson buying AdvancePierre for $4.2B

Cincinnati company specializes in prepared sandwiches, snack foods, entrees

Subscriber onlyFood giant Tyson Foods is acquiring AdvancePierre Foods, a supplier of meat, sandwiches and snacks, in a deal valued at $4.2 billion, the companies said Tuesday. Continue reading...

Tribal casinos are on a roll, outpacing national industry

Subscriber onlyOklahoma casinos owned and operated by American Indian tribes saw gambling revenue rise in 2015 and their associated hotels and restaurants made strong gains in nongambling revenue. Continue reading...

Ozark Beer raising the bar in Rogers

Location has more space for brewing, 2 taprooms

Subscriber onlyROGERS -- Beer lovers stepping into Ozark Beer Company's new taproom and brewery in downtown Rogers are greeted with bright yellow tables and benches, a bar featuring custom signs that tout the company's signature suds, and the crisp smell of fresh paint. Continue reading...

Gunmaker's sights on new niche

Firm designs pistol aimed at concealed-carry market

Subscriber onlyThe smell of metalworking oil is in the air, and the room buzzes and hums as machines turn billets of metal into custom parts for Wilson Combat's latest pistol. Continue reading...

Slim Chickens flying to Mideast

Company will earn above $100M by year’s end, CEO says

Subscriber onlyFayetteville-based Slim Chickens is continuing its growth strategy, opening its 51st operation in the United States and gearing up to start serving chicken at its first restaurant in the Saudi Arabia peninsula in May. Continue reading...

Allens trustee seizes $4.8M

Settlement gets OK from judge

Subscriber onlyA judge in the Allens Inc. bankruptcy case approved a $4.8 million settlement -- nearly all of an insurance policy covering three of the defunct company's former directors. Continue reading...

Herbicide bills filed in Legislature

Fines increased for drift damage; Senate targets dicamba

Subscriber onlyNew bills increasing the penalty for the egregious use of herbicides in Arkansas were filed in both the House and Senate on Tuesday. Continue reading...

Arkansan's business bites back

Mosquito-controller following nation’s franchise uptick

Subscriber onlyBrad Simon didn't dream that someday he'd be eliminating blood-sucking pests from people's yards, but he knew he wanted his own business, to be his own boss, and to build something for himself and his family. Continue reading...