Your ArkansasBusiness.com headlines for Monday

 

LITTLE ROCK, Ark. (KTHV) - Work continues to bring about 1,000 jobs to northeast Arkansas.

Arkansas Business newspaper this week took a look inside the new Peco Foods plant, which was announced in March last year.

Work on the $200 million integrated poultry operation continues on a 200-acre site near Pocahontas. Construction of the 272,000 square foot plant and a dozen supporting structures had been delayed by weather.

The plant had been scheduled to open in January, but now it's set for the end of February or the first of March.

When fully staffed at about 1,000 employees and operating at capacity, the two-line plant will be capable of processing 1.3 million chickens per week.

Also last week, world of supermarkets saw a deal.

City Market, a small chain of grocery stores based in Little Rock, signed an asset purchase agreement with Mayflower Food Stores, Inc. The deal means City Market will buy that company's two stores—one in Stuttgart and another in Carlisle.

The purchase price was not disclosed.

City Market currently owns five grocery stores: two in Little Rock, one in North Little Rock, one in Hazen, and another in Des Arc.

And finally, Little Rock entrepreneurs take note. The Venture Center is holding its latest Build IT "fireside chat" speaker series on Tuesday, This edition features the founders of Little Rock's Mainstream Technologies.

Founders Johnny Burgess, Mark McClelland, and Jeff Byers will discuss the rise of their software development firm. The event is free and begins at 5:30 p.m. at the Venture Center in downtown Little Rock.

Mainstream has been named to the Inc 5000 list of the fastest-growing, private companies in the U.S. for three consecutive years.


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