Big utility joins Nissan's electric car push
Nov 13, 2009 2:52 PM
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China powers Nissan's profit recovery
The world's largest country is now also single-handedly responsible for the brighter profit outlook at Nissan. Year-to-date sales in the Middle Kingdom are up 25 percent from a year ago, but October numbers spiked by more than 70 percent. Nov 13, 2009 9:08 AM
The future is here
Hemlock Semiconductor has officially started construction of a $1.2 billion solar panel manufacturing plant in Montgomery County. We couldn't find any renderings, but here are some dandy stats to mix into your weekend conversations.Total construction time for the entire project is estimated to be nearly three years. The site will contain over 150,000 cubic yards of concrete, 20,000 tons of structural steel, and more than one million feet of piping, which equates to 1.3 miles of piping installed per week.
Nov 13, 2009 8:04 AM
Fiberweb invests in R&D
Nov 13, 2009 7:42 AM
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MTSU economist: Nissan electric job projections optimistic
David Penn at MTSU's Business & Economic Research Center says the study prepared to help Rutherford County officials justify $62 million in tax breaks for Nissan was a tad too upbeat."The analysis done on the multiplier assumes that other jobs that Nissan has stays the same," said Penn, who is also an economics associate professor for MTSU. "These models they use assume that all sources are fully employed to begin with, but we clearly know that's not the case right now. So that brings down the multiplier a lot."For its part, the accused at Younger Associates say they've got the government backing them up.
"The analysis is based on the U.S. Bureau of Economic Analysis multipliers. They are specific to Rutherford County and they are specific to the automotive industry. They are reflective of the past performance of automotive operations in Rutherford County."
Nov 12, 2009 1:32 PM
Auto supplier scouting state
An Ontario maker of headrests and other auto parts is looking at expanding in Tennessee as well as in Mexico and near Evansville, Ind. Windsor Machine Group's project would eventually bring with it about 130 jobs. Nov 12, 2009 7:40 AM
Hayes Pipe Supply buys new branch facility
From the Real Estate Channel:Josh Tarkow, associate, negotiated the purchase of three industrial buildings totaling 12,731sf on a 6.3 acre site in Tampa for $1.213 Million.Tarkow negotiated the on behalf Nashville-based Hayes Pipe Supply who purchased the property at 9416 E. Martin Luther King Jr. Blvd. for its new branch facility. Hayes has eight locations in the US. Rockdale Pipeline of Conyers, Ga. is the seller.
Nov 11, 2009 7:29 AM
Revving a revival
There are glimpses of long-term hope for survivors of the auto supplier shakeout [From our print edition featured in Monday's City Paper]
Nov 8, 2009 11:21 AM
Noranda buys back more debt
Third-quarter losses at Franklin-based Noranda Aluminum hit the middle of its previously projected range, coming in at $4.3 million. The company also bought back more than $80 million in debt during the quarter, pushing its year-to-date total in that deparment to almost $300 million. Nov 6, 2009 2:11 PM
Double-digit days for LP, O'Charley's
Nov 5, 2009 2:57 PM
