Businesses

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Entry Category: Businesses - Starting with M

Mountainaire Hotel Historic District

The Mountainaire Hotel Historic District consists of two Art Moderne buildings constructed in 1947 as a hotel along Park Avenue in Hot Springs (Garland County). The district was added to the National Register of Historic Places on February 11, 2004, but is abandoned and dilapidated. The thermal waters in Hot Springs attracted travelers to the city for decades before a quality road system was installed linking the area to other settlements. With the paving of what is now Arkansas Highway 5 between Little Rock (Pulaski County) and Hot Springs in 1925, tourists could more easily visit the springs to seek relief for medical problems. When the highway entered Hot Springs, it became Park Avenue, and a number of businesses catering …

Murphy Oil Corporation

Murphy Oil Corporation developed from family timberlands in southern Arkansas and northern Louisiana that were owned by Charles H. Murphy Sr. Officially formed in 1950 by the children of Murphy, the Murphy Oil Corporation now operates oil production facilities and processing plants across the world. The company was based in El Dorado (Union County) until 2020, when it was announced that Murphy Oil was consolidating its offices in Houston, Texas, following the collapse of oil prices that year. When oil was discovered in the Caddo Field north of Shreveport, Louisiana, in 1907, Charles Murphy Sr., the owner of timber and banking interests in Union County, decided that his timber company should purchase land on a scattered non-contiguous pattern to provide …