Favorite

Deltic in brief 

Deltic in brief Though it seems to exercise the same sort of influence over legislators, Deltic Timber Corp. is not as well known to the average Arkansan as Arkansas corporate giants like Wal-Mart and Tyson Foods. Headquartered in El Dorado, Deltic describes itself on its web site as “a natural resources company focused on the ownership and management of timberland. … [T]he Company’s operations are located primarily in Arkansas and north Louisiana. Deltic owns 433,000 acres of timberland (the map area highlighted in green indicates counties and parishes where Deltic owns timberland), operates sawmills in Ola and Waldo, and is engaged in real estate development in Little Rock and Hot Springs.” Accurate enough, apparently, though “engaged in real estate development” is barely sufficient to describe the company’s activities in Pulaski County, where it is engaged in real estate development the way the Sioux were engaged with Custer. Deltic used to be a part of the Murphy Oil Corp., also headquartered in El Dorado, but it was spun off as a separate company six years ago. Murphy Oil no longer has anything to do with Deltic, according to Craig Douglass, a Deltic spokesman. Members of the Murphy family still own Deltic stock and serve on Deltic’s board of directors, however. Ray C. Dillon, the president and chief executive officer, is not a member of the family. Originally from Mississippi, Dillon divides his time between Little Rock and El Dorado. That 433,000 acres sounds like a lot, but Douglass said that Deltic would be considered a “small to medium-sized timberland owner” compared to really big Arkansas timberland owners like International Paper.
Favorite

Sign up for the Daily Update email

Comments

Subscribe to this thread:

Add a comment

More by Doug Smith

  • The L word and the C word

    I was excited to see the newspaper headline "Bielema liberal." "After all those neo-Nazis, we've finally got a coach who thinks right," I told friends. "I wonder if he belongs to the ADA."
    • May 1, 2014
  • Who's exasperated?

    Jim Newell was gripped by exasperation himself after reading this item in the business section. "Exacerbated" is the word the writer wanted, he sagely suggests.
    • Apr 24, 2014
  • We will run no race before it's ripe

    "What year would Oaklawn recognize as its 100th anniversary? After all, Oaklawn's advertising material is ripe with 'Since 1904,' but it's widely reported the first race wasn't run until 1905."
    • Apr 17, 2014
  • More »

More by Max Brantley

  • Judge won't back effort to stop demolition of bridge at Clarendon

    The Arkansas Democrat-Gazette reported this morning that a deadline to work out a deal to save the abandoned U.S. 79 bridge at Clarendon had passed with no deal between preservationists and the state. It was no surprise.
    • Jul 19, 2018
  • Batesville schools prepare to arm up

    Batesville is the latest in what is likely to be a long list of school districts opting to put more guns on campus in the hands of staff members who've undergone a state training course. KARK reports.
    • Jul 19, 2018
  • More Republicans feel heat on GOP tax deadbeat

    Three weeks too late, Republican Rep. Charlie Collins has announced that his Republican colleague, Rep. Mickey Gates of Hot Springs, should resign from the House and quit the race for re-election because of six pending counts of felony failure to pay state income taxes. Gates, you remember, hasn't paid state taxes for 15 years and has deadbeat the state on withholding payments, too.
    • Jul 19, 2018
  • More »

Readers also liked…

Latest in Arkansas Reporter

Most Viewed

  • Misleading

    The highway department held a "public hearing" on July 12 at the Wyndham Hotel in North Little Rock about revised plans for Interstate 30 expansion. The options were called "action alternatives."
  • Little Rock, cut low

    The capital city lands on a ranking of the worst cities in the country.
  • A deeper dive into a wider 30

    A look at ARDOT's environmental report.
  • Suit seeks to block ballot measure

    A lawsuit was filed last week in Pulaski County Circuit Court saying Issue 1, proposed by the legislature, should be removed from the November ballot because it unconstitutionally proposes four separate constitutional amendments to voters in one ballot measure.

Most Recent Comments

  • Re: MJ FAQ

    • Great post.

    • on July 18, 2018
 

© 2018 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation