Business and Economics

Subcategories:
Clear

Entry Category: Business and Economics - Starting with A

Acme Brick Company

Acme Brick Company began operation in 1891 and is now the largest American-owned brick and masonry manufacturer in the United States, with more than $175 million in sales in 2007. Although Acme operates a number of companies that produce a variety of construction materials, bricks remain its primary product, making more than one billion of them each year. The company started production in Texas, but, in 1921, Acme opened a plant in Hot Spring County. Since then, the company has expanded its presence in Arkansas to become the major producer of bricks in the state. George E. Bennett founded the company and served as its first president. A native of Ohio, Bennett arrived in Dallas, Texas, in 1876. Several years …

Acxiom

The consumer data marketing company Acxiom began in Conway (Faulkner County) in the late 1960s as Demographics, Inc. In the twenty-first century, Acxiom has become a major national and international enterprise that collects, analyzes, and markets customer and business information for use in targeted advertising. Charles Ward founded the company in 1969 to develop a mailing list to be used by the Democratic Party in its campaign efforts. At first, the company processed data for only a small number of clients, including what became IC Corporation, a large bus-manufacturing company located in Conway. It significantly expanded its reach in subsequent years. In 1978, Ward sold the company to a member of the management, Charles D. Morgan, who became president and …

Adler, Simon

Simon Adler, born in Bavaria in 1832 (according to his tombstone), was one of the first Jewish immigrants to settle in Batesville (Independence County). He established a successful business career, operating a general merchandise store, working as a real estate speculator and agent, and serving as a cotton broker, as well as founding his own bank. He was a popular and respected man, for census records show that he had at least a dozen namesakes during the late nineteenth and early twentieth centuries. Simon Adler, along with three of his brothers, moved to Batesville to join yet another brother, Israel Adler, who had formed a business partnership in a general store with French immigrants Aaron and Samuel Hirsch. Simon Adler’s …

Agricultural Wheel

The Agricultural Wheel was a state farmers’ union, founded in the Arkansas Delta, which expanded into ten other states, mostly in the South but reaching as far north as Wisconsin. Although the Agricultural Wheel was short-lived as an independent farmers’ union, it influenced the future formation of other such unions in Arkansas and led, in part, to the rise of the Populist movement in the state. After the Civil War, Arkansas (and Southern) farmers returned to growing primarily cotton, in part because bankers had insisted on farmers raising a cash crop as a condition for providing them with financing. Cotton acreage therefore increased, but prices fell due to overproduction, leading farmers to compensate by planting yet more cotton, which led …

Albert Pike Hotel

The Albert Pike Hotel in downtown Little Rock (Pulaski County) opened in 1929 and was one of the state’s best-known hotels for decades. In 1971, Little Rock’s Second Baptist Church bought the hotel for $740,000 and transformed it into a residence hotel. It was placed on the National Register of Historic Places in 1978. It remains a residential facility for individuals aged fifty-five and older. The block on which the hotel was built had once been occupied by a house constructed in 1827 for Robert Crittenden, the secretary of the Arkansas Territory. The Crittenden House was among the first brick residences built in Little Rock. Facing financial problems, Crittenden attempted to trade the house for ten sections of undeveloped land, …

Alderson, Edwin Boyd Jr.

Edwin Alderson Jr. became a prominent lawyer, jurist, and businessman in Arkansas in the late twentieth century. A lifelong booster of his hometown of El Dorado (Union County), he was also an entrepreneur and philanthropist. Edwin Boyd Alderson Jr. was born on May 16, 1940, to Edwin Boyd Alderson and Jewell Sample Murphy Alderson. The couple’s oldest son, he was a sixth-generation resident of Union County. After graduating from El Dorado High School in 1958, Alderson earned a bachelor’s degree in philosophy from the University of the South in Sewanee, Tennessee, in 1962. He did postgraduate study in philosophy for a year at the University of Georgia before moving to the University of Arkansas (UA) in Fayetteville (Washington County), where …

Allens, Inc.

aka: Allen Canning Company
aka: Sager Creek Vegetable Company
Allens, Inc., began canning vegetables at Siloam Springs (Benton County) in 1926. From its inception, the Allen family owned and operated the company, which, by 2013, employed more than 1,000 people nationwide and produced canned and frozen vegetables with eleven brand names: Allens, Butterfield, Freshlike, Popeye Spinach, Princella, Royal Prince, Sugary Sam, Sunshine, Trappey’s, Veg-All, and Wagon Master. Company offices were in downtown Siloam Springs, and processing plants are located across the United States. In late 2013, the company declared bankruptcy and put itself up for sale. After its purchase by Sager Creek Acquisition Corp., it was renamed Sager Creek Vegetable Company, although brand names were retained. In 2015, the company was purchased by Del Monte. Earl and Shadye Allen established …

Alley, Gerald Byron

Gerald Byron Alley is the founder of Con-Real, LP, which is the leading black-owned construction and real estate firm in Texas, with other offices located in Arkansas and California. He was inducted into the Arkansas Black Hall of Fame in 2013 and the Arkansas Business Hall of Fame in 2020. Gerald Alley was born in Pine Bluff (Jefferson County) on September 30, 1952. He was the youngest of five children of Troy Alley, a local businessman who started the Alley ESSO Service Station, and Gladys Gray Alley, an educator who had taught at Philander Smith College before marriage. After attending local public and private schools, and working in his father’s station, Alley enrolled in the University of Arkansas (UA) in …

Alltel

Alltel Corporation, a wireless communications company, began as a technical service provider to small-town Arkansas telephone companies in 1943 and evolved into one of the largest telecommunications companies in the world. Before its merger with a private equity firm and the acquisition of most of its assets by Verizon Communications in 2008, Alltel operated one of the largest wireless networks in the United States and served more than 13 million customers in thirty-four states. Three generations of the founding family led the company, based in Little Rock (Pulaski County), for sixty-five years until the merger. Brothers-in-law Hugh Randolph Wilbourn Jr. and Charles Beverly Miller, both of Little Rock, went to work as construction crewmen for Southwestern Bell Telephone Co. in …

Altheimer, Benjamin Joseph, Sr.

Benjamin Joseph Altheimer Sr. was a lawyer and philanthropist who was known as a “real trailblazer” in promoting agricultural research and education in Arkansas. He created the Ben J. Altheimer Foundation, which has provided funding for civic, legal, and agricultural endeavors. Ben J. Altheimer was born on September 30, 1877, in Pine Bluff (Jefferson County), the only son of Joseph and Matilda Josephat Altheimer. He had one sister. His parents were German–Jewish immigrants who were members of Pine Bluff’s Congregation Anshe Emeth. Joseph’s brother Louis had brought him to Pine Bluff, where he had established and operated a mercantile store. The two brothers became land developers and, together, founded the town of Altheimer (Jefferson County). Ben Altheimer was educated at …

American Viticultural Areas

aka: Viticultural Areas
American Viticultural Areas (AVAs) were established in 1979 and are “official” grape-growing areas in the United States. They are designated by the Alcohol and Tobacco Tax and Trade Bureau (TTB) as recognized and defined in federal regulations. About 200 AVAs exist, with new areas approved yearly. AVAs are geographic areas defined on maps that have similar climate, geology, soils, physical features, or elevation. They are established through petition to the TTB by growers and wineries. There are no limits to an area’s size, grape cultivars grown, viticultural practices, or winemaking procedures, and one AVA may exist within another. When an AVA designation appears on a wine label, at least eighty-five percent of the juice from which the wine was produced …

American Wine Society – Arkansas Chapter

The American Wine Society–Arkansas Chapter was a non-profit organization dedicated to the dissemination of knowledge about—and the cultivation of an appreciation of—wine and its role in culture and cuisine. The American Wine Society–Arkansas Chapter was co-founded on May 16, 2005, by Robert G. Cowie and Mary Jane Cains in Ozark (Franklin County). Cowie is the founder and owner of Cowie Wine Cellars in Paris (Logan County), while Cains is from the family of the Mount Bethel Winery of Altus (Franklin County). When the national society was created in 1967, Al Wiederkehr of Wiederkehr Wine Cellars in Altus was a member of the organizing meeting. He and Justin Morris of the University of Arkansas (UA) in Fayetteville (Washington County) were honorary …

Ancient Order of United Workmen

In the quickly industrializing world of the late nineteenth century, so-called “friendly societies” or fraternal orders organized to provide life insurance to average workers, which helped to remedy the danger of poverty that other alternatives presented. One of these societies, the Ancient Order of United Workmen (AOUW), developed quickly in the United States in the late nineteenth century and soon established itself firmly as an Arkansas institution. In 1868, the Ancient Order of United Workmen was founded in Meadeville, Pennsylvania, by John J. Upchurch (a former Mason). Each member paid one dollar into the insurance fund to cover policies of about $500. Following the same model, AOUW lodges were formed across the United States, organized democratically by members, which allowed the …

Andrews, Glen

Glen Daniel Andrews Sr. is considered one of the all-time great professional bass anglers. Bobby Murray, two-time Bassmaster Classic champion, describes him as “the first true professional bass angler.” He mentored such fishing greats as Bill Dance, Billy and Bobby Murray, Ray Scott, and Jerry McKinnis. In addition, Andrews manufactured lures, promoted tournaments, wrote a syndicated outdoor column for the Springdale News called “Anglers World,” and wrote Techniques of Bass Fishing, a manual he used to teach fishing classes across Arkansas and throughout the Midwest. Andrews was inducted into Garry Mason’s Legends of the Outdoors National Hall of Fame in 2010. Glen Andrews was born on May 31, 1931, the third of seven children, to Earl and Ruth Andrews on …

Anthony Timberlands, Inc.

Formed by John Ed Anthony in 1974, Anthony Timberlands, Inc. (ATI) operates five mills in southern Arkansas and also provides consulting services to private timberland owners and management services to other private companies. ATI’s operating principles derive from the knowledge and experience of various branches of the Anthony family during the twentieth century. The Anthony family first settled in southern Arkansas in the 1840s. In 1907, Garland Anthony started a small sawmill near Bearden (Ouachita County). Other members of the family, along with outside partners, started similar operations in southern Arkansas, eastern Texas, and northern Louisiana. Between 1910 and 1930, Garland and his brothers Frank, William, and Oliver formed Anthony Brothers Lumber and built their first permanent mill in Hopeville …

Antimony Mining

Antimony (Sb) is a hard, brittle, silver-white metal with a relatively high specific gravity (6.69) and a relatively low melting temperature. Antimony is a constituent in some alloys. The presence of this metal hardens the alloy, lowers the melting point, and decreases contraction during solidification. The metal’s main use is to impart stiffness and hardness to lead alloys. Antimony compounds are used in medicines, paint pigments, enamelware glazes, and as fireproof coatings on clothing. They are also used in the rubber and patent-leather industries. Many minerals contain antimony; however, stibnite and antimonial lead ores are the main sources of the metal. Stibnite (Sb2S3) and its alteration oxide, stibiconite (Sb3+Sb25+O6(OH)), were the only minerals mined in Arkansas for this metal. Stibnite …

Apple Industry

Seventy-five years after their introduction in Arkansas, apples became a dominant agricultural crop and an economic engine for the northwest part of the state. However, their importance declined measurably in the last half of the twentieth century. The apple of commerce, Malus domestica, is not native to North America. It is a complex hybrid of Malus species with origins in Asia and Europe. Malus domestica was introduced to North America by sixteenth-century explorers and later by colonists. Settlers arriving in Arkansas from Tennessee, the Carolinas, and Georgia brought apple seeds and scion wood with them. The Arkansas Gazette reported in 1822 that apples were being grown on the farm of James Sevier Conway west of Little Rock (Pulaski County). While …

Aquaculture

Aquaculture—the farming of aquatic plants and animals—includes private sector, commercial fish farms, state and federal hatcheries that produce fish to stock public waters, and farm pond owners who stock ponds for recreational fishing. Overall sales place aquaculture in the top ten agricultural industries in the state. Arkansas is the birthplace of warmwater aquaculture in the United States. The first commercial fish farms were built in Arkansas in the 1940s to raise goldfish. The industry in Arkansas has diversified into production of more than twenty species of fish and crustaceans. These species supply food-fish markets, recreational fishing markets and waters, retail pet markets, gardening supply markets, and markets for aquatic weed and snail control. Arkansas ranks second in aquaculture-producing states. It …