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POSTBUSINESS

By: Geert De Lombaerde
Posted: Tuesday, July 28, 2015 - 11:42
Louisiana-Pacific executives have put in place plans to begin selling a number of their products in the six Middle Eastern countries that make up the Gulf Cooperation Council. The Nashville-based company is particularly focused on marketing its concrete form beams.
By: William Williams
Posted: Tuesday, July 28, 2015 - 10:30
Nashville-based tech company Smartvue has announced it will provide global entity Dahua with cloud video surveillance software embedded on selected network video surveillance cameras. Financial terms of the deal (read more here) were not disclosed in a release.
By: Geert De Lombaerde
Posted: Tuesday, July 28, 2015 - 08:46
The board of Delek Logistics Partners has again voted to hike the company's quarterly dividend. Shareholders of record on Aug. 6 will receive 55 cents per limited partner unit, up from 53 cents. That amount is 16 percent higher than the payout of a year ago. Based on Monday's Delek Logistics closing price of $38.35 (Ticker: DKL), the new payout would lift the venture's yield to more than 5.7 percent.
By: William Williams
Posted: Tuesday, July 28, 2015 - 07:25
Dallas-based commercial real estate firm Gaedeke Group has landed LEED certification for its two Highland Ridge office buildings located near Nashville International Airport. In a release, the company said it has secured gold and silver certification (the U.S. Green Building Council oversees Leadership in Energy and Environmental Design designations for green buildings) for the Highland Ridge Tower and Highland Ridge III, respectively. The 12-story Highland Ridge Tower (pictured here) and Highland Ridge III are  located in the Highland Ridge Office Park on Marriott Dr.
By: Geert De Lombaerde
Posted: Tuesday, July 28, 2015 - 07:02
Attorneys interested in filling the Bankruptcy Court bench seat that will be vacated by Keith Lundin next June have until Aug. 25 to submit their applications to the Sixth Circuit in Cincinnati. The job's term is 14 years and pays more than $185,000 per year. Check out more info here.
By: Emily Kubis
Posted: Tuesday, July 28, 2015 - 06:45
Murfreesboro-based National HealthCare Corp. will break ground this week on a 112-bed skilled nursing center in Maury County. The new Columbia facility is a joint venture between NHC and Maury Regional Medical Center and represents an $18 million investment. Last October, NHC began work on a similar facility in Bellevue. NHC Place at the Trace is expected to open next spring.
By: Geert De Lombaerde
Posted: Monday, July 27, 2015 - 14:14
Pinnacle Financial Partners executives plan to issue $60 million in debt to help fund their planned acquisitions of CapitalMark Bank & Trust and Magna Bank and redeem their loan with US Bank. The notes, which were priced this morning in a combo fixed-variable setup, will mature in 10 years.
By: Geert De Lombaerde
Posted: Monday, July 27, 2015 - 12:51
Prison health care provider Corizon has hired Chris Bell to lead its business development efforts across the Southeast. Bell, who worked with Corizon from 2007 to 2009, had been with Birmingham-based competitor NaphCare. He fills a role previously held by Martha Harbin, who has been named Corizon's first director of external relations. Get more info here.
By: William Williams
Posted: Monday, July 27, 2015 - 11:36
The average per-gallon price of regular gas in Nashville on Sunday was $2.50, down three cents compared to the mark of a week ago and down eight cents from the figure of four weeks prior. This time in 2014, the average per-gallon price of regular gas in Nashville was $3.36. Relatedly, Tennessee’s average price was $2.42 Sunday, down five cents compared to the figure from the previous week, according to AAA The Auto Club Group. The price was $2.55 four weeks ago and $3.31 a year ago. In Tennessee, the peak price to date this year has been $2.58 (on June 17).
By: Geert De Lombaerde
Posted: Monday, July 27, 2015 - 11:22
Veteran Nashville financial technology entrepreneur Joe Maxwell will step out of a full-time role at Ipreo, the company to which he sold Shareholder InSite nine months ago, at the end of this year. After that, he tells Milt Capps at Venture Nashville Connections, he will devote the majority of his time to raising a venture capital fund focused on fintech ventures.