Investor falls short again in push to have Clarcor adopt sustainability reporting plan

Walden Asset Management's efforts to have filtration and packaging company Clarcor report in much more detail on its sustainability efforts has failed for the second year in a row — but the firm has picked up some support in the past 12 months. At Clarcor's recent annual shareholders' meeting, 17.4 million shares were cast in favor of Walden's proposal, while 21.1 million shares were cast against the plan. A year ago, those numbers were 14.3 million and 21.5 million, respectively.

Mar 26, 2015 10:59 AM

Delek division takes stake in two new pipelines

Logistics arm investing $91M in projects expected to come online next year
Mar 23, 2015 7:03 AM

Nissan beefs up sales structure

Regional units added, VPs named
Mar 20, 2015 2:10 PM

Earnings wrap: Clarcor, First Farmers

Manufacturer sees margins rising this year, bank benefits from expense cuts
Mar 20, 2015 1:14 PM

Cooling products maker raises $2.4M

Company aiming for growth in both consumer, commercial markets
Mar 18, 2015 7:11 AM

Nissan to spend about $160M, create 1,000 jobs in Smyrna

Supplier park facility will span 1.5M square feet, come with $18M incentives package
Mar 17, 2015 3:10 PM

Cincinnati-based engineering firm establishes local presence

Perfection Group acquires La Vergne company
Mar 17, 2015 7:00 AM

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

Passing the baton

Self-awareness, patience key to Swiftwick's shift in day-to-day leadership
Mar 13, 2015 5:56 AM

Noranda trying again for Missouri utility rate cut

Noranda Aluminum executives this week said they have crafted (with various consumer groups) a new plan to lower the cost of the massive amounts of electricity it uses at its Southeast Missouri manufacturing plant. The Franklin-based company and utility Ameren have been at loggerheads over the cost for years and Noranda last year cut 125 people after a previous rate cut plan was voted down. The new compromise proposal would have Noranda pay $34 per megawatt hour, down from the $41 it is now paying Ameren and up more than 10 percent from the $30 for which it was pushing last summer.

Mar 12, 2015 11:33 AM