1,000 manufacturing jobs, $18M in incentives coming to Smyrna

The Rutherford County Industrial Development Board approved Monday $18 million in tax incentives for an unnamed company bringing 1,000 jobs to Smyrna.

The Daily News Journal reports that the manufacturing company will invest $100 million and create 1,000 jobs with an average wage of $38,000.

The incentive plan cuts property taxes for the company over a 20-year period and is expected to additionally create 1,672 indirect jobs.

Mar 16, 2015 2:43 PM

Florida firm buys Stones River Mall

Acquirer owns $1B worth of property in seven states
Mar 11, 2015 11:23 AM

Quality Industries adds two VPs

Manufacturing industry vets join La Vergne-based company
Feb 26, 2015 1:18 PM

Plastics company expansion to add 90 jobs in Murfreesboro

Jagemann also will increase Rutherford plant space
Feb 11, 2015 12:00 PM

Developer takes step toward building 'Boro office space

Murfreesboro real estate entrepreneur Scott Graby is a step closer to adding Class A office space to Murfreesboro's Gateway district. Scott Broden with The Daily News Journal reports that Murfreesboro Gateway Commission members on Tuesday voted to have the city prepare a contract to sell to Graby 12 acres near Saint Thomas Rutherford Hospital for $2.6 million. Graby's Hearthstone Group plans to break ground on a 100,000-square-foot office building this spring. If things go well, Hearthstone would like to add two other buildings to what it's calling The Fountains at Gateway.

Jan 21, 2015 7:08 AM

Pinnacle adds Rutherford executive

SVP ran McMinnville bank, was formerly area exec for Dominion, First Union
Jan 7, 2015 2:42 PM

Utah company buys apartments in Goodlettsville, Murfreesboro

A Utah-based apartment investment company has bought apartment complexes in Goodlettsville and Murfreesboro for an undisclosed sum. In acquiring The Ridge at Green Haven and Summerlake, Peak Capital Partners has doubled its presence in greater Nashville, and founder and Managing Partner Jamie Dunn said his team expects to invest more in the region. The Ridge at Green Haven has 191 units and is 95 percent occupied while Summerlake has 176 units and is 92 percent full. Peak Capital was founded in 2007 and owns 80 apartment communities in 15 states.

Jan 7, 2015 7:14 AM

Murfreesboro lands auto parts headquarters, 250 jobs

M-TEK move to yield $13.4M investment in Rutherford County
Dec 5, 2014 2:05 PM

Smyrna avionics company acquired

A Vanderbilt MBA graduate now residing in Florida has acquired Smyrna-based airplane systems company Carpenter Avionics. Mark Lee launched Momentum Aviation Holdings with the aim of buying aviation services companies. As part of his deal for Carpenter, Lee (pictured here) is retaining John DenDekker, who has been Carpenter's general manager since 2011.

“In life, a time comes when it feels appropriate to transition your business to the next generation,” said Fran Carpenter, who has served as CEO and President at Carpenter Avionics since 2010. “I am confident that with this new leadership team’s experience and vision, Carpenter Avionics will thrive and grow.”

Nov 26, 2014 9:09 AM

Alive Hospice lands HSDA approval for $10.8M Murfreesboro facility

Nashville company kicking off capital campaign, planning '16 opening
Nov 20, 2014 6:55 AM