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Arkansas' Fastest Growing Companies: Telex of Fayetteville Finds a Niche in Power Infrastructure

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Arkansas' Fastest Growing Companies: Telex of Fayetteville Finds a Niche in Power Infrastructure


This article is part of a series on Arkansas’ fastest-growing private companies based on the 2024 Inc. 5000 list. The list ranks companies based on three years of annual revenue growth. The other Arkansas companies featured in this series are Team Go Ventures, Nuqleous and Servato.

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Founded in 2014, Telex of Fayetteville celebrates its 10-year anniversary the same year it makes the Inc. 5000 list for the first time. The company secured the No. 171 spot with a 2,232% growth rate.

A nationwide company that provides testing, commissioning and engineering services for investor-owned electric utilities, Telex is Arkansas’ second fastest-growing private company and No. 11 overall in the Southeast.

Mike McDonald, founder and president of Telex, was working for a power company as a relay technician when he saw the need for a company that could compete cost-wise and quality-wise.

Telex specializes in protective relay testing and calibration, functional commissioning and apparatus and equipment testing, which serves a niche in power infrastructure maintenance and development.

The company extends to both new construction and existing infrastructure, addressing an ongoing need in the sector, McDonald said in an interview with Arkansas Business.

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McDonald also said Telex has witnessed and adapted to significant shifts in the utility sector throughout the past decade.

“When we first started, there wasn’t a lot of grid construction going on,” McDonald said. “A lot of utilities were still doing things in-house. Now there’s a lot of outsourcing of that skill set, because of retirement.”

This has allowed contractors like Telex to become the “go-to” for developing young talent, which is something Telex is especially proud of. McDonald said Telex “really tries” to bring young technicians and engineers up successfully, which has allowed the company to fill a role traditionally filled by utility companies.

This is especially important in the trades, McDonald said, as widespread labor shortages are a consistent problem for companies.

“Our field is very unique in the fact it takes a lot of intelligence to do, but also, you’re outside, you have to be willing to not want to work in an office every day,” McDonald said. “So there’s a definite person that fits the bill, and we’ve just gotten really good at finding those people.”

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Hiring for the company has grown “tremendously” over the past three years, and McDonald said a lot of the company’s growth can be attributed to strategic partnerships, a “relentless focus” on quality and the bringing on of two business partners to help manage Telex and drive new relationships.

While McDonald focuses on running the business and the infrastructure of the company, his partners focus on getting new clients, new business with existing customers and consistently checking in on existing relationships.

This has allowed Telex to focus on keeping the quality and integrity of its services up, which McDonald said is a priority.

“We drive quality so much. It’s a never-ending struggle,” McDonald said. “We’re very much an Arkansas business. We say what we mean, and we do what we say we’re going to do, and that builds trust on both sides.”

Another reason for the company’s growth was a focus on leveraging existing infrastructure to grow out the business.

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“Once we have the organization in place, then it’s easy to start filling out, and that’s what we’ve really been working towards the past couple years, is getting these new relationships, maintaining them and then continuing to add new clients to the mix without sacrificing any existing aspects,” McDonald said.

And while headquartered in Fayetteville, Telex’s reach extends outside of Arkansas. The company operates in nearly every region of the country, with the exception of New England, but Telex is “coming for those guys,” McDonald said.

Looking to the future, Telex is aiming for sustainable growth. McDonald said he doesn’t “chase growth at all costs,” but that he does aim to continue expanding.

And while all the growth from the Inc. 5000 ranking was based on Telex’s field services group, the company recently launched an engineering group as a response to client demands, so McDonald envisions a lot of growth in that sector.

Companies on the Inc. 5000 list must have generated a minimum of $100,000 in revenue in 2020 and a minimum of $2 million in revenue in 2023, though Telex’s exact revenue was not disclosed. With approximately 50 employees, most of whom joined in the past three years, McDonald believes that growth is reflected in the Arkansas business landscape.

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“I think we’re really putting Arkansas on the map to be a competitor with Texas and some of these other bigger states that have been the business hubs for so long,” McDonald said.

Eighteen Arkansas companies appeared on the 2024 Inc. 5000 list. The companies saw 215% median growth, 4,287 jobs added and 11 repeat companies. 

Inc. 5000 Ranking Company Headquarters Sector Revenue Growth
#43 Team Go Ventures Bentonville Advertising & Marketing 6,271%
#171 Telex Fayetteville Engineering 2,232%
#487 STAT Recovery Services Bentonville Financial Services 905%
#1,106 Legacy Retail Rogers Business Products & Services 463%
#1,403 Elite Exteriors Roofing & Restoration Hot Springs Construction 366%
#1,656 SupplyPike Rogers Software 313%
#1,670 CARDS Fayetteville Environmental Services 311%
#1,768 Bath Makeover of Arkansas Little Rock Construction 297%
#2,086 New Nexus Group Rogers Business Products & Services 251%
#2,831 Slim Chickens Fayetteville Food & Beverage 179%
#3,024 Inteliblue Little Rock IT Services 165%
#3,680 Servato Corp Little Rock Telecommunications 128%
#3,705 Tri-State Enterprises Fort Smith Consumer Products 127%
#3,822 Nuqleous Bentonville Software 121%
#3,845 Greer and Greer Independent Insurance Fayetteville Insurance 120%
#4,435 Chenal Family Therapy Little Rock Health Services 94%
#4,624 Natural State Pest Control Lowell Consumer Products 87%
#4,665 ZweigWhite Fayetteville Business Products & Services 86%



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Brother of North Little Rock mayor winner of record $1.8 billion Powerball Jackpot

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Brother of North Little Rock mayor winner of record .8 billion Powerball Jackpot


NORTH LITTLE ROCK, Ark. —The identity of the winner of Arkansas’ record-setting $1.8 billion Powerball jackpot has now been confirmed through Arkansas Scholarship Lottery documents, revealing that the prize was claimed by Tracy Hartwick, the brother of North Little Rock Mayor Terry Hartwick.

Lottery records show Tracy Hartwick claimed the jackpot in January after purchasing the winning ticket in Cabot. After electing the lump-sum cash option and paying taxes, Hartwick received $565,873,785.82, according to the documents.

The records also show Hartwick signed paperwork to remain anonymous for six months after claiming the prize. Under Arkansas law, that is the maximum amount of time a lottery winner who is related to an elected official can remain anonymous before their identity becomes public.

According to the Arkansas Scholarship Lottery documents, Tracy Hartwick received 94 percent of the after-tax winnings. His brother, Timothy Allen Hartwick, received 3 percent, while another 3 percent was distributed to a third claimant whose name was redacted in the released records.

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The Powerball jackpot, announced by the Arkansas Scholarship Lottery after the winning drawing in late December 2025, remains the largest lottery prize ever won in Arkansas.  The winning ticket was sold at a Murphy USA gas station in Cabot on 208 S. Rockwood Drive.

The revelation of the winner’s identity surprised many across Central Arkansas.

“That’s crazy news but you hear something crazy every day,” said Benjamin Britton.

Others said they understood why Hartwick chose to remain anonymous for as long as the law allowed.

“I think waiting over time and then thinking about it and then coming to claim it would be good,” said Ricky Rhodes.

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The documents show Hartwick waited the full six-month anonymity period before his identity became public.

We reached out to the City of North Little Rock seeking comment from Mayor Terry Hartwick regarding the records. A city spokesperson said the mayor would not be providing interviews or commenting on the matter.

The newly released lottery documents provide the first official confirmation that the record-breaking Powerball prize claimed in Arkansas belongs to the mayor’s brother, ending months of speculation about the identity of the state’s biggest lottery winner.



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AGFC proposes WMA regulation | Arkansas Democrat Gazette

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AGFC proposes WMA regulation | Arkansas Democrat Gazette


To manage hunting traffic at St. Francis Sunken Lands Wildlife Management Area, the Arkansas Game and Fish Commission proposed a permit-only system for the lower portion of the WMA at its monthly committee meetings Wednesday at Little Rock.

The debate over the proposed regulation lasted about an hour. It passed 6-1, with Phillip Tappan of Little Rock dissenting. It’s the first split vote within the commission in years. Tappan did not oppose the idea as a whole or the reasoning behind it. He argued for a slightly different format.

Having passed out of committee, the proposal will be subject to a 30-day comment period, after which the commission will vote to approve or reject the proposal in August.

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Randy Zellers, assistant chief of communications for the Arkansas Game and Fish Commission, said the proposal would establish permit-only waterfowl hunting on about 1,000-acres of tupelo and cypress forest along the St. Francis River. The 4.6-mile section is on the southernmost part of the WMA, which is more than 30 miles long. If the commission approves the regulation as currently worded, the permits will be awarded weekly through a random, online drawing. The format is similar to the one used at Steve N. Wilson Raft Creek WMA.

Doug Schoenrock, the Game and Fish Commission’s director, said the proposed regulation will create 20-25 public “markers” or hunting spots. A successful applicant may bring as many as three companions, with a maximum of four in a hunting party. A permit will be good for one day only. Schoenrock said this will eliminate one group of hunters monopolizing a hunting spot for multiple days.

There will also be a 150-yard buffer between the markers to avoid conflicts. Private landowners will not be required to have a permit to hunt on private land adjoining the WMA.

The most vigorous debate centered on whether hunting should be allowed for seven days or four days. Tappan advocated reserving four days per week for hunting and suspending hunting for three days to allow ducks to rest. The other six commissioners demurred, saying they did not want to reduce hunting opportunity. Tappan felt strongly enough about creating a rest period for ducks that he voted against the proposal.

Zellers said commissioners want to know if hunters prefer having rest days each week — Monday, Wednesday and Friday, which he said is consistent with other waterfowl hunting areas where hunting is allocated by permits only.

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“Permits will be for marked locations within the unit.” Zellers said. “Permit winners will be able to bring three hunting companions on their designated hunt day. Permit winners and their guests must remain on public land within 150 yards of their designated location. The exact number of locations has not been finalized, but will be based on safety and consideration to distance from area boundaries and private land. Traditionally popular locations within the unit will be prioritized for inclusion in the draw.”

Hunters will be able to apply for a single day of the weekend, from Thursday through Sunday two weeks before the week they are applying for.

Knowing the agency’s tumultuous history with hunters in this area, commissioners were extremely cautious about the precise wording of this regulation. In 2012, the commission enraged local hunters in this area when it outlawed private duck blinds in the St. Francis Sunken Lands WMA. Private duck blinds had been long established when the commission, then under the leadership of the late director Loren Hitchcock, banned private property on the state-owned WMA. The action prompted multiple hearings within the Arkansas legislature.

The southernmost portion of the WMA is very popular for its excellent duck hunting. Overcrowding is a chronic issue, Schoenrock said. Separating hunters and allocating opportunity through a randomly-drawn permit system will alleviate overcrowding and provide a more enjoyable hunting experience.

“We’re making it safer and providing more opportunity for people to use it,” Schoenrock said. “The place has been like a Walmart parking lot. We’re talking about 4.6 miles of river on a 30-plus mile WMA. The rest of the WMA will be open seven days a week with no draw on a navigable waterway.”

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Brad Carner, the AGFC’s deputy director, said the drawings will be held weekly, and the first application period will open two weeks before duck season. The drawings will be conducted on Monday mornings, and applicants will be notified by email about the status of their applications.

Despite concerns expressed by some non-hunters and non-anglers, the commission did not discuss its new regulation that requires non-hunters and non-anglers to purchase a $10.50 permit to use wildlife management areas. Zellers said purchases of the new permit will not increase the commission’s apportionment of federal aid dollars.

“If non-hunters and non-anglers want to contribute to the mission, they would help us more if they buy a fishing license for the same price,” Zellers said.

Fishing licenses and hunting licenses contribute to the formula upon which the federal government apportions federal aid dollars for fish and wildlife conservation.

Also, the commission did not discuss a new regulation that eliminated Special Use Area designations from portions of Camp Robinson WMA and Perry Mikles Blue Mountain WMA. These areas were previously reserved for bird dog field trials. Even when field trials were not being held, the public was not allowed to hunt on the SUAs, which totaled about 9,000 acres.

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Zellers said the former SUAs are now subject to the standard wildlife habitat management practices, the most important of which is prescribed burning. Zellers said prescribed burning must be conducted in a narrow time window, and bird dog field trials often conflict with the agency’s prescribed burning schedule.

Zellers said that field trials may still be held at Camp Robinson and Blue Mountain WMAs, but that the commission will no longer manage the areas around field trial activities.



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Rock City Margarita & Arkansas Beer Festivals: An Interview with Organizer Reed Llewellyn

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Rock City Margarita & Arkansas Beer Festivals: An Interview with Organizer Reed Llewellyn


Join us for an exclusive interview with Reed Llewellyn, organizer of the Rock City Margarita Festival and the Great Arkansas Beer Festival. Discover what to expect at this year’s event, including a ‘midway’ experience, over 100 breweries, 25+ restaurants, and unique margarita creations. Learn how to get your tickets before they sell out and hear about the long-standing partnership with Ronald McDonald House. The event is held indoors at the State House Convention Center.



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