Noranda to look at strategic alternatives

Board also suspending dividend, looking for reverse split
Jun 18, 2015 7:30 AM

Noranda lines up funding to wrap rod mill

Noranda Aluminum Holding leaders have finalized $15 million in funding that will let them complete a rod mill expansion at the company's complex in New Madrid, Missouri. Franklin-based Noranda announced its plans almost three years ago and had initially hoped to complete the project this year. It will now be wrapped up next spring. Check out the details here.

Jun 16, 2015 8:48 AM

Microbrewery lands permit for east side space

Nashville-based Smith & Lentz Brewing Co. has secured a permit for interior rehabbing of the east side building from which it will operate its microbrewery, according to a Metro Codes Department document.

The work will focus on a tasting room and the beer brewing manufacturing area, with the space spanning 6,100 square feet. Located at 903 Main St., the building was last home to Worm’s Way and, prior to that, Urban Décor.

Germantown-based Dowdle Construction Group will handle the work, with the permit valued at $320,000.

Read more here.

(Image courtesy of Smith & Lentz)

Jun 15, 2015 10:21 AM

Shoe maker expanding in Lebanon

Former Brown Shoe adding to distribution center
Jun 11, 2015 2:50 PM

Noranda strikes interim Jamaica tax deal

Agreement includes $9M in retroactive payments
Jun 11, 2015 1:24 PM

Gibson launches fitness brand, headphones

Gear developed with Olympic winner Usain Bolt
Jun 8, 2015 2:23 PM

Bridgestone boss added to Piedmont board

Garfield joined tire maker in '91
Jun 8, 2015 6:56 AM

Tencarva begins operations in new facility

Tencarva Machinery Co. has announced it has begun local operations in a new 23,000-squre-foot facility located at 2937 Kraft Drive in the 100 Oaks area.

The Greensboro, N.C.-based company previously operated locally both a Nashville Branch Office and a Southern Sales Division at two locations. The two are now combined at the new office and service facility.

Don Wirth, Tencarva vice president, said the facility is the “culmination of a vision that began years ago” as Tencarva became heavily engaged in pump repair activity doing both field work and inside shop work.

“It epitomizes our desire to place our customer first when it comes to the quality environment in which the work is done and, as important, putting in place the necessary equipment so our valued employees have a bright and safe working environment in which to repair our customer’s equipment,” Wirth said.    

Southeast Venture served as architect on the project, with Crain Construction as the general contractor. Both companies are Nashville based.

The facility, home to 30 employees and a cost for which Tencarva did not disclose in the release, sits on a two-acre site. It offers 9,000 square feet designed for office and training, and 14,000 square feet featuring devoted to service capabilities and storage.

Tencarva has about 350 employees at 23 branches in Arkansas, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee and Virginia. It has field representatives in Kentucky, Ohio and southern Indiana.

Industrial Distribution magazine ranked Tencarva 43rd in the 2014 “Big 50” list of largest industrial distributors in the United States, based on 2013 revenue.

Jun 8, 2015 6:45 AM

Clarcor CEO named to water products maker board

Publicly traded company has market cap of $1.9B
Jun 4, 2015 10:32 AM

Delek board grows by one

The board of Delek US Holdings has grown to six as a result of the company's recent purchase of 48 percent of Texas-based Alon USA Energy. Yonel Cohen, one of the Alon USA board members who stepped aside to make room for five Delek representatives, was added to the Delek board last week and will hold his seat until the company's 2016 annual meeting.

Jun 4, 2015 10:00 AM