The latest Arkansas Business is online now. This week, reporter Mark Hengel takes a look at how North Little Rock Mayor Patrick Hays and Little Rock Chamber executives Jay Chesshir and Joey Dean worked to lure Caterpillar to North Little Rock:
The outcome can be attributed to two factors: One, the years-long courting by area economic development officials of national site-selection companies, and two, the success of that courtship, which created a momentum prompted by other recent economic development announcements. It’s an economic snowball effect and it was intentional.
The complete story here.
Also this week:
- Before he resigned last week, former CDI Contractors CEO William Clark was among the bidders trying to buy back the construction firm his father co-founded.
- Warren Stephens wants to skip a deposition in the legal case regarding Jennings Osborne’s former company, Arkansas Research Medical Testing LLC.
- As the General Assembly begins this week, two Arkansas legislators want to take on DWT — driving while texting or talking on a cell phone. Also: the growth of text messaging.
- The battle for television service subscribers continues to ramp up as a telecommunications giant recently introduced its U-verse system to a string of northwest Arkansas communities.
More stories from this week’s edition here.