Memphis-based Hunter Fan Co. has leased almost 30,000 square feet of flex space near Nashville International Airport for a new division that will make large fans for commercial and industrial customers. The company plans to hire 25 people in the next year and grow its local workforce to 100 by the end of 2018. Adam Sichko at the Business Journal has more details here.
"As we grow, we'll need more R&D engineers and more industrial designers. We'll need creative people in sales and marketing. Those folks are pretty widely available here, as compared to Memphis," Bredeson added. "If you're churning through those folks every six or 12 months, that gets to be devastatingly expensive for the company."
UPDATE: The official number of jobs coming here is 380 and Lyft's investment will total $5.1 million. In a statement, Lyft COO Rex Tibbens said Nashville "is a city whose welcoming, creative culture and values mirror our own. Our history in Nashville coupled with our admiration for the community is why we’re so excited to make downtown Nashville the home of our newest Lyft office, and will be investing in our growth there for years to come."
As originally reported:
Ride-sharing service Lyft is preparing to relocate a customer service team of about 20 to Nashville from San Francisco, TechCrunch reported over the weekend. The move will help bring the company closer to its East Coast customers while cutting office space costs by more than half. It also looks to be the beginning of something big.
We’ve been told the plan is to grow the Nashville office and hire hundreds of new employees. It’s not clear if all 20 of those team members asked to go will do so. However, we’ve heard that at least one longtime senior member of the team will be making the move.
On Sunday, Gethan Ward at The Tennessean reported that Lyft officials have signed a lease at the Sash & Door Building (pictured below) at Second Avenue and Commerce Street and will grow their office there to 100 by year's end. From there, its Nashville team is forecast to grow to 400 in the coming years.
Slowdowns in the growth of Middle Tennessee's largest job grouping as well as in the important manufacturing sector pushed year-over-year employment growth below 3 percent in August, according to Bureau of Labor Statistics data. The professional and business services sector, which accounts for 15 percent of all Nashville-area jobs, grew by just 1.8 percent in August — its smallest number since June of last year. Meanwhile, job growth in the area's auto-heavy manufacturing industry slowed to 2.4 percent while the information and finance sectors went a little deeper into the red year over year. Offsetting some of those negative developments were strong months from the big leisure and education/health sectors.
After a few subpar spring months, Nashville's job growth has been powering through the summer. June and July's growth of 3.7 and 3.6 percent was the strongest two-month since last August and September and was driven primarily by hiring surges in the important retail and leisure/hospitality sectors. And for the sixth time in nine months, area construction companies employed at least 10 percent more people than they did a year ago.
The Internal Revenue Service is looking to add 55 people to its tax return processing staff on International Drive in Cool Springs. The full-time seasonal positions are expected to be for six months starting in mid-December but could be extended. The salaries will range from about $32,000 to more than $41,000.
The Bureau of Labor Statistics this week published its regular report on job and wage growth in the nation's counties, this time for the fourth quarter of 2014. The report makes for fun reading for some in the local economic development community: Williamson County's 6.1 percent job growth rate last year ranks fifth nationally in the BLS' large-county category while the 4.9 percent increase in average wages put the county in the top 50. Similarly, Rutherford County's job growth of 3.9 percent easily outpaced the nation's 2.2 percent pace.
Davidson County's strong growth of 3.6 percent, however, is made a good bit more sobering when put alongside its wage numbers, which clocked in at just 1.5 percent. That put the heart of Middle Tennessee and the home of more than half its jobs all the way in 306th out of 340 counties. With the mayoral race heating up, we're thinking the topic of wages and bringing quality jobs to Davidson County will quickly move up the agenda from here.
You can peruse the full BLS report at this link.
Littleton was later asked about Tennessee increasing its minimum wage, which is currently $7.25 per hour.
“I think it will eventually happen. I think we need to do it gradually,” Littleton said. “Maybe even this next session.”
Sen. Kerry Roberts, also a Republican, didn't exactly say he was against the increase himself, but said it would have tough sledding in the Senate:
“The House and Senate truly do operate very differently from each other. The bodies truly do have their own personalities,” Roberts said. “I don’t think it would pass the Senate. I don’t see the support in the Senate. It might move forward in the House.”
Here's an interesting stat from the Tennessee Department of Labor and Workforce Development.
In its most recent release involving unemployment, the department lists the number of people for "available labor" — that is, discouraged workers, unemployed workers and the partially unemployed.
In only 13 of the state's 95 counties are there more available female workers than male. For employment in general, women (at least those who want a full-time job) seemingly are faring better than men in Tennessee.
Now as to wage equality related to gender...
So we can't point to the harsh winter weather anymore, right?
Year-over-year job growth in the Nashville MSA clocked in at 2.7 percent in April, in line with the previous two months. As far as we can tell, it's the first time in more than three years that Music City has put up three straight months of sub-3 percent growth. Smaller gains in construction didn't help, but that sector employs less than 40,000 of the region's almost 900,000 workers so it can't really have a big impact. Of bigger import has been the dropoff in growth in the business services and hospitality sectors, which combine to employ more than 240,000 people. On the plus side, manufacturing, retail and education/health are holding their own.
Executives at Amazon.com say they plan to hire 6,000 people nationally in the coming weeks for their network of sorting and distribution centers. Among the sites getting new full-time positions are Murfreesboro. If Amazon is hiring roughly the same number of people at each of the 19 centers slated to grow, the company's Rutherford County outpost will get another 315 jobs.
POSTDATA: WARRANTY DEEDS
- TIPTON, JOHN H JR; TIPTON, FRANCES ADAMS
- HARRIS, JUDY C
- BIRDWELL, MARIAN ESTELLE TRUSTEE; BIRDWELL CHARLES EDWARD AND MARIAN ESTELLE BIRDWELL REVOCABLE TRUST; BIRDWELL MARIAN ESTELLE REVOCABLE TRUST; CHARLES EDWARD BIRDWELL AND MARIAN ESTELLE BIRDWELL REVOCABLE TRUST; MARIAN ESTELLE BIRDWELL REVOCABLE TRUST
- SIMPKINS, W L JR; SIMPKINS, NANCY H