This week’s news primarily focuses on some changes that are taking place among businesses that are considered industrial or small business/retail but there are also a few restaurant openings in the mix.
Nucor Corporation of Charlotte, North Carolina recently sold its 124-acre industrial site in Conway for $4.4 million. The 288,137-square-foot plant at 1800 Sturgis Road was built in 1995 for Nucor Fasteners at a cost of $7 million. It made alloy steel hex head cap screws, structural bolds and finished hex nuts and employed 114 with a payroll of $5 million. The plant has been vacant since Nucor closed it in 2000.
The complex was purchased by 287 Partnership LLC, 2801 US-180, Mineral Wells, TX, an affiliate of New York’s Eliken Property Management.
Molex of Lisle, Illinois will open a new design center in the SWN Building, 100 Southwestern Energy Drive. The center, moving from Maumelle, will employee more than 100 engineering and technical workers and would serve as a “primary innovation hub.”
Molex has been a subsidiary of Koch Industries since it was purchased in 2013 for $7.2 billion. The manufacturing plant in Maumelle will continue to operate there.
Those driving through Central Landing might have noticed that Acxiom's building in the Industrial Park is now more visible. The roads in that area have been getting some asphalt in recent weeks as well.
Work has begun on gutting the old skating rink next to the bowling alley. Salter Properties has purchased the property at 1120 E. Oak and will renovate it into three spaces called the District on Oak. Cold Stone Creamery has already leased the space that is closest to First Security Bank.
Site work has also begun on the Baker Retail Center, a mixed-use office building, located next to Baker Eye Institute on Harkrider. Corco Construction is the general contractor for this building that was designed by Rik Sowell Architects. Croft Buildings LLC, owned by Dr. Nina Baker and Dr. David Baker, Jr., purchased the old Pizza Hut property several years ago.
Openings: Burge’s Famous Smoked Meats will open tomorrow, Monday, July 2. The Conway menu of smoked meats and cheeses includes turkey, chicken, Peking duck, and various pork products like country ham, BBQ pork ribs, spiral sliced ham and honey-glazed ham. They also have smoked summer sausage.
The new restaurant, which originated in Lewisville, AR, is located at 405 E. Dave Ward Drive just east of Acxiom. Hours are 10 a.m.-7 p.m. M-F and Saturday 10 a.m.-5 p.m.
The second location for Andy’s Frozen Custard, at 201 Oak Street, had its grand opening this past Friday. Freddy’s Frozen Custard and Steakburgers, at 820 E. Oak, plans to be open by mid-July. The building and signage went up quickly.
Take 5 Oil Change at 415 W. Oak Street is now open. The shop opens every day at 7 a.m. except Sundays when it opens at 10 a.m. It closes at 7 p.m. weekdays making it convenient to go there after work. Oil changes take place while you stay in your car; no appointment is necessary.
Western Sizzlin’ Express in Greenbrier is also getting closer to an opening but it will probably be mid-July. It will have seating inside for 80.
Closings: Paintball Arkansas, 558 Sturgis Road, closed yesterday after having been open for 20 years.
Cindy Beckman writes about business rumors and happenings for the Log Cabin Democrat bi-monthly in "A Look Forward." Send rumors and new business tips to email@example.com.