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John Magsam

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Northwest Business Reporter

Northwest Business Reporter

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Recent Stories by John Magsam

Car-Mart CEO will exit post, enter adviser role

posted: 08/19/2017 2:06 a.m. Discuss

Hank Henderson, CEO of America's Car-Mart, said he will step down as the company's top officer at the end of the year -- and the company reported first-quarter results that barely missed analysts' estimates for profit and revenue.

Arkansans contrive faster ammo-maker

posted: 07/30/2017 1:58 a.m. Discuss

Avid sportsman and gun dealer Jason Pruett of Blytheville started a small ammunition-making business a few years ago, producing complete cartridges with a single pull on the arm of his Dillon press. Then his arm got tired -- really tired.

Dogs at offices in Arkansas? It's heads or tails

updated: 07/03/2017 4:30 a.m. Comments 3

Mr. Frunkles, a young Welsh corgi, waits by the front door to greet all visitors, regardless of species. Maddie Cate, a shy schnauzer, sits in a sheltered spot, keeping a close eye on her human who works at the reception desk. Alli, a black Labrador retriever, barges through a door left slightly ajar, making sure a meeting in progress doesn't need her input.

Rogers family's business brewing

posted: 06/25/2017 2:21 a.m. Discuss

ROGERS -- When customers roll up to 7 Brew Coffee they're to be greeted with a smile, polite banter and quick, courteous service.

City in Arkansas building 'instant downtown'

updated: 06/12/2017 4:30 a.m. Discuss

JOHNSON -- Many of the larger cities along Interstate 49 in Northwest Arkansas are seeing renewed interest in development, both residential and commercial, centered on their growing and evolving downtown districts.

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

posted: 06/11/2017 2:14 a.m. Discuss

FAYETTEVILLE -- 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.

Car-Mart's 4Q earnings top forecasts

posted: 05/24/2017 4:30 a.m. Discuss

Bentonville-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.

SurfTech awarded $1.2M federal grant

posted: 05/12/2017 1:44 a.m. Discuss

Fayetteville-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.

Tyson profit falls 21% in 2Q

posted: 05/09/2017 4:30 a.m. Discuss

Tyson 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.

Husqvarna building warehouse in state

posted: 05/03/2017 2:04 a.m. Discuss

Outdoor 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.






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