A paper and cardboard recycling facility located on Industrial Boulevard in La Vergne has been acquired by Caraustar Industries, an Atlanta-based company that is backed by private-equity firm HIG Capital. The La Vergne center had been owned by SP Recycling Southeast. Terms of the deal are not being disclosed.
A Knoxville-based maker of inflator systems for air bags will this summer open a factory in Hartsville, east of Gallatin, that will employ 66 people. ARC Automotive executives say they will invest $3 million in the plant, which will be built in the PowerCom Industrial Center on land previously owned by the Tennessee Valley Authority.
Nashville-based Curb Records has paid $2.9 million for a warehouse located in the Brick Church Business Park, according to Davidson County Register of Deeds documents.
565 Brick Church Park LLC sold the property, which is located at 565 Brick Church Park Drive in North Nashville. Curb created Curb Nashville LLC for the acquisition.
Curb Nashville operates an office at 49 Music Square E. in Music Row.
The 5.35-acre property was last appraised at about $2.9 million, according to Metro records. A loopnet.com listing shows the warehouse was listed for $3.295 million.