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The first center of business and county court were at nearby Rough and Ready Hill, which was settled by 1836.
The first courthouse was constructed in 1851 on the court square in the center of town.
A library was established in the courthouse in 1857.
Union forces burned the building in 1865, though the Union occupied the town.
The first bank, Monticello Bank, opened in April 1887.
Hinemon University, under the tutorship of John H. Hinemon, was established in 1890.
She donated her home and eighty acres to the State Baptist Convention in 1894, and the institution became the Arkansas Baptist Home for Children, which still exists.
The Monticello Cotton Mill, founded by Warren Anderson, opened in 1900.
The Fourth District State Agricultural School, commonly called SAS, held its first classes in 1910.
A new courthouse was erected in 1932, and a municipal building was built two years later.
A Coca-Cola plant opened in 1935, and a municipal swimming pool opened the next year.
Local resident John Porter Price established the J. P. Price Lumber Company in 1965; it claims to be one of the largest wood-processing companies in the United States.
After McCloy’s death, the business continued as V. J. Trotter & Sons until it was sold in 1970.
In 1971, the college became part of the University of Arkansas system and was renamed the University of Arkansas at Monticello (UAM).
Akin Bay was founded in 1990 by William A. Kaynor, John P. Carroll, Jr. and James B. Rybakoff, with the goal of providing superior, customized, client specific investment banking services to publicly held, private and family owned middle market companies.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Kayser-Roth | 1958 | $820.0M | 7,500 | 2 |
| Lee's Manufacturing | 1890 | $1.6M | 30 | - |
| MSI Office Furniture | 1991 | $140,000 | 50 | - |
| Nucraft Furniture | 1944 | $13.6M | 200 | 2 |
| MCC Label | 1951 | $1.7B | 8,300 | 72 |
| Beverly Knits Inc | 1980 | $16.0M | 61 | - |
| General Super Plating Co Inc | - | $810,000 | 5 | - |
| Foliot Furniture | 1991 | $81.2M | 750 | - |
| Jsp Specialty Foams LLC | - | $35.0M | 350 | 21 |
| Galey & Lord | 1886 | $54.0M | 200 | - |
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Akin Complete Furniture may also be known as or be related to Akin Complete Furniture, Akin House, Inc. and Akin Industries.