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John Magsam

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Northwest Business Reporter

Northwest Business Reporter

Recent Stories by John Magsam

ArcBest profit soars, but stock sinks

posted: 08/01/2014 2 a.m. Discuss

ArcBest Corp., a Fort Smith-based trucking and logistics company, said Thursday that its second quarter was the most profitable in six years on an earnings-per-share basis, but it still missed analyst estimates significantly and its stock sagged.

Aluminum-wheel maker closing Rogers plant

posted: 07/31/2014 5:28 a.m. Comment 1

Superior Industries International Inc., the nation's largest maker of aluminum wheels for cars and light trucks, said Wednesday that it's closing its Rogers plant, cutting about 500 jobs, to cut costs.

In Allens case, law firms bill $400,000

posted: 07/27/2014 2:20 a.m. Discuss

Three law firms involved in the bankruptcy case of Siloam Springs-based Veg Liquidation, formerly know as Allen's Inc., have filed bills for more than $400,000 in fees and expenses with the court this month.

GM shops on front lines of handling recall crisis

posted: 07/05/2014 3:02 a.m. Discuss

Arkansas auto dealers are doing what they can to battle a negative perception and customer fears generated by recalls of millions of General Motors Co. vehicles.

Water-testing device measures up

posted: 06/30/2014 2:15 a.m. Discuss

LOWELL -- A new water-testing device that was put through its paces by the Beaver Water District recently gained the approval of the Environmental Protection Agency.

Missouri turbine facility to close

posted: 06/28/2014 1:53 a.m. Discuss

Premier Turbines, an operation that overhauls helicopter engines, will close its plant in Neosho, Mo., early next year, leaving about 80 workers without jobs as its parent company shifts operations to Texas.

On list, state in big leagues

posted: 06/22/2014 2:35 a.m. Discuss

It's been 20 years since service companies were first listed on the Fortune 500, and over those two decades, Arkansas companies have distinguished themselves with rapid revenue growth and job creation.

Geothermal energy heats up, cools off Booneville factory

posted: 06/16/2014 2:20 a.m. Discuss

Rockline Industries is using geothermal technology to heat and cool its Booneville wet-wipe plant and is considering using a similar system at its new Russellville operation.

Judge weighing cannery's objection

posted: 06/11/2014 2:58 a.m. Discuss

A bankruptcy judge Tuesday took under advisement objections by Veg Liquidation, formerly known as Allens Inc., to claims made under the Perishable Agricultural Commodities Act by one of its top vegetable suppliers.

Canner disputes unpaid claims

posted: 06/10/2014 2:34 a.m. Discuss

Veg Liquidation, formerly known as Allens Inc., disputed on Friday unpaid claims made by one of its vegetable providers in the largest -- and likely final -- claim the bankrupt vegetable canner faces under the Perishable Agriculture Commodities Act.


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