Magna buys Sumner auto parts plant

Global auto parts manufacturer Magna International has signed a deal to buy fellow Canada-based company Techform for an undisclosed amount. The deal, which is set to close in the coming weeks, will add three plants to Magna's network. One of those is in Portland, where Techform has been doing business as Mechanical Components of Tennessee and cranking out latch and hinge systems as well as seat parts and other products.

Word of Magna's Techform deal comes four weeks after the company said it plans to invest $16 million in Spring Hill and hire more than 350 people for a new seat assembly plant.

Oct 1, 2014 6:49 AM

Auto parts manufacturer opening Portland facility

Michigan-based company to create 100 new jobs
Jun 20, 2014 6:30 AM

Portland bank CEO named to UT board

Tommy Whittaker, the president and CEO of First Farmers Bancshares in Portland, is one of four people newly named to the University of Tennessee board of trustees. (Here's the full release.) Whittaker has been with the parent company of 11-branch Farmers Bank or all but two years of his 37 years in the business.

Jun 22, 2011 11:15 AM

Patent Patrol: 19 January 2011

In this week's batch of IP awarded to Tennessee residents and companies: A collapsable stringed instrument, a meat mixture maker, a modified flu virus, and more...
Jan 19, 2011 10:27 AM

Birds in Hand

Sumner County's cities get their industry retention programs in GEAR [From the September/October issue of Nashville Post magazine]
Oct 5, 2010 8:11 AM

Get it at Macy's: Retailer expands Portland operation

Online fulfillment center to add 250 jobs
Sep 16, 2010 2:26 PM

Layoffs hit Middle Tenn. manufacturers

Three Murfreesboro companies among those cutting jobs
Dec 21, 2009 1:19 PM

Grand jury indicts oil-well promoter, MTV dad

Gary Milby's Portland-based company accused of fraud, money laundering
Dec 3, 2009 12:18 PM

Portland's paper factory closes

New York manufacturer will shift operations to other North American facilities
Jul 27, 2009 3:50 PM

Lawyer accused of spiriting away $5M

Newest developments in the case of oil promoter Gary Milby include claims that attorney co-mingled escrowed funds and transferred off-shore
Feb 25, 2009 11:45 AM