Today’s Power Inc. (TPI) has reached an agreement to provide a one-megawatt AC solar array for Ozarks Electric Cooperative of Fayetteville. Ozarks Electric plans to offer its members the opportunity to subscribe to solar energy produced by the system.
Double-digit home sales growth in Northwest Arkansas helped drive an almost 9% home sales gain during July in the state’s four largest metro markets. For the first seven months of 2015, home sales in the four markets are up 8.63%, with the total sales ticket for those homes up more than 14%.
As gasoline prices move closer and maybe below the $2 a gallon price point, Arkansas and U.S. travelers are expected to flood the roadways, airways and tourism destinations during the upcoming Labor Day holiday that will bring an end to the nation’s traditional summer vacation season.
As part of the company’s pledge to do more more members, Sam’s Club is now offering assistance with car and truck purchases. The warehouse club giant announced Thursday (Sept. 3) a new partnership with TrueCar, an online auto marketplace that seeks to take the hassle out of price negotiation.
Longtime Wal-Mart Stores supplier Ranir recently made a $3 million investment to expand its manufacturing facility in Grand Rapids, Mich. The expansion will allow the company to make an additional 5 million power toothbrush heads per year in Michigan instead of having the heads made in China.
Despite a healthy banking climate across the nation and in Arkansas, recovery for some institutions has been slower than others. Pinnacle Bank of Rogers and Allied Bank of Mulberry remain saddled with too many unperforming loans.
Plano, Texas-based Anderson Merchandisers, a retail-services agency, recently hung a new shingle in Bentonville within close proximity of Wal-Mart Stores and its suppliers, according to company officials.
The most recent impressive pace of Northwest Arkansas job growth that began in early 2014 continues, with the number of jobs in July up more than 4% and the size of the workforce up more than 3% compared to July 2014.
Apple, as a retailer, sets the bar high with its state-of-the-art, non-traditional formats in select major metropolitan areas. The technology giant recently applied for $1.5 million building permit for a new location in the Germantown area of Memphis.
Apartment vacancy rates in every market in the two-county area are at the lowest levels ever recorded by the Skyline Report – so low that new construction is needed to avoid significant lease rate increases, according to Kathy Deck, director of the Center for Business and Economic Research at the
Officials with Cree, one of the more successful startups to emerge from the University of Arkansas Research and Technology Incubator, took time Tuesday (Sept. 1) to celebrate the receipt of a $4.1 million contract from the U.S. Air Force.
Arvest Bank announced two executive changes in its mortgage division on Monday (Aug. 31). Matt Kendall was promoted to executive director of mortgage operations, and Kathleen Craig was hired as director of mortgage production operations.