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John Deere dealer now state's largest

Greenway Equipment on Monday became the state's largest John Deere dealership with its purchase of Maus Implement Co., Greenway said.

Based in Weiner in Poinsett County, Greenway purchased Maus and its dealerships in Damascus, Morrilton and Russellville. The deal closed Monday.

The Maus properties expand Greenway beyond its heavily eastern-Arkansas presence.

"This growth will enhance our footprint in the central, western and northwestern parts of Arkansas," Marshall Stewart, Greenway's chief executive officer, said in a news release. "We feel this is a great opportunity for not only Greenway, but for the customers and employees in the Maus organization."

Greenway now has 31 dealerships, with five in southeast Missouri and 26 in Arkansas.

Maus was founded in Morrilton. It had 45 employees at the three dealerships.

-- Stephen Steed

Russellville reactor halts for refueling

Entergy has shut down operations on a nuclear reactor at its Russellville plant. The utility announced Saturday that Arkansas Nuclear One's Unit One reactor is undergoing a regularly scheduled refueling.

Entergy announced plans for an additional 1,200 support personnel to work alongside the plant's 1,100 full-time employees during the refueling. Nuclear One employees and the supplemental workers will perform maintenance and testing activities to prepare the station for its next operating cycle.

There is no timetable for the reactor to go back into service, with Entergy officials noting that the process typically takes several weeks. Unit One was last taken off the grid for refueling in 2018. The shutdown lasted from March 24 through May 22 of that year.

Nuclear One is a dual-unit site, housing two nuclear reactors. Unit Two will continue operating during the refueling of Unit One. Entergy provides electricity to more than 700,000 customers in Arkansas.

-- Andrew Moreau

Index falls by 2.25, ends day at 425.54

The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, closed Monday at 425.54, down 2.25.

"U.S. stocks finished Monday's session slightly lower as investors continue to worry about news that Beijing was increasingly reluctant to agree to a broad trade deal ahead of scheduled talks next week," said Chris Harkins, managing director at Raymond James & Associates in Little Rock.

Shares of Murphy Oil Corp. fell 3.7%. P.A.M. Transportation shares rose 2%.

The index was developed by Bloomberg News and the Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.

Business on 10/08/2019

Print Headline: John Deere dealer now state's largest Russellville reactor halts for refueling Index falls by 2.25, ends day at 425.54

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