Gibson wraps Japan company stake buy

Gibson Guitar has completed its tender offer for almost 55 percent of TEAC Corp., a Japanese company that makes audio and visual equipment as well as data storage equipment. TEAC will be folded into Gibson's operations but remain listed in Tokyo.

May 9, 2013 2:31 PM

Report has Nissan bringing another model to Smyrna

A Japanese newspaper says Nissan executives will shift production of their Murano crossover to Smyrna from Japan when the company's next generation debuts in 2014. Such a move would further overhaul the lineup in Smyrna, which recently said goodbye to the Frontier truck, the first vehicle ever built there.

By moving production of the Murano to the U.S., Nissan would counter the exchange rate hit taken by vehicles exported from Japan. The move would also be convenient because the Smyrna plant already builds two Nissan models off the same platform, the Altima and Maxima sedans.

Sep 13, 2012 1:15 PM

Appeals court says Franklin man cannot pursue Stites liability claim

The Court of Appeals for the Sixth Circuit has ruled that Franklin resident Chris Savoie cannot pursue some of his claims against law firm Stites & Harbison and its former-attorney-turned-judge James Martin. The court backed up District Court Judge Aleta Trauger's ruling that Savoie, who was arrested in Japan in 2009 while trying to reclaim the children of which he'd been awarded sole custody, did not state a valid vicarious liability case against Stites under Section 1983 of the civil rights laws. Martin, the judges said, has immunity and Stites cannot be pursued for its work with Martin while he was at the firm.

Read the full opinion here. Savoie says he'll likely take the case to the U.S. Supreme Court.

SEE ALSO: Stites law firm sued for $30M, which details a separate case Savoie filed in Davidson County Circuit Court in November

Mar 7, 2012 7:11 AM

Gibson buys into another consumer electronics firm

Onkyo to take small stake in guitar maker; CEO Juszkiewicz to join Japanese company’s board
Jan 4, 2012 2:26 PM

Stites law firm sued for $30M

Breach of contract alleged by father unhappy with Williamson County judge's decision
Dec 1, 2011 3:34 PM

Ghosn: Don't look for us to invest in Japan soon

The strong yen could create a "hollowing out" of the Japanese manufacturing sector over time, says Nissan boss Carlos Ghosn. In the short run, Ghosn doesn't plan on plowing money into Japanese capacity, instead betting on Brazil and other emerging markets for mass production and locally for its Leaf electric car.

Oct 25, 2011 8:38 AM

Swiftwick comes to aid of Japan

Local sock maker Swiftwick isn’t sitting on the sidelines when it comes to helping out those affected by the crisis in Japan. The Cool Springs-based company is shipping 14,642 pairs of medical compression socks valued at $150,000 to help those in Japan affected by the crisis brought on by the earthquake and tsunami that hit the island nation last month.

The socks, which are designed to assist those suffering with deep vein thrombosis, are manufactured in Cleveland, Tenn., and are the first run of a new line of product that had been set to be sent to retailers in the coming weeks.

Swiftwick officials, who have no commercial presence in Japan, decided that instead of sending the socks to U.S. stores, they would ship them to where they felt there was a greater need. President Mark Cleveland said the company is sending more socks to Japan in this shipment than it sold during its first year of business.

On hand to see off the shipment were (from left to right) those who helped arrange the donation: Josh Noblitt and Hiro Ito with FedEx, Kirk Bednar of the Rotary Club of Brentwood, Consul General Hiroshi Sato of the Consulate of Japan, and Cleveland.

Apr 22, 2011 10:00 AM

Japan's quake trickles down to used-car market

As the Japanese auto industry continues to wrestle with the effects of last month's earthquake on its supply chain, Jesse Toprak of says it won't be long until prices for pre-owned Japanese models work their way up. The effect is likely to be especially prevalent on the luxury models made by Toyota, Honda and Nissan.

Apr 8, 2011 8:44 AM

Impact zone

As many Japanese companies begin to rebuild, Tennessee could become a familiar investment destination [From our print edition featured in Monday's City Paper]
Mar 28, 2011 12:03 AM

Nissan to raise prices, but not because of quake

Several Nissan plants in Japan remain off limits after the recent earthquake and tsunami, but locally based spokesman David Reuter said U.S. consumers shouldn't notice a supply disruption anytime soon. The auto maker will raise its prices soon, though, but that's a move that already had been planned.

UPDATE: Work restarted Monday on a number of Nissan plants

Mar 22, 2011 8:12 AM