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Business & Finance stories related to Southern Middle Tennessee

United Way of Hwy 55 is Accepting Applications for the 2021-22 Allocation Cycle

United Way of HWY 55 is now accepting applications for the next allocation cycle. All nonprofits that serve Coffee, Moore, or Warren County citizens are eligible to apply for funds. Applications are due May 3, 2021. Email Director@highway55unitedway.org to request an application. ABOUT UNITED WAY OF HIGHWAY 55 ALLOCATION PROGRAM The United Way of Highway …

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Duck River Electric Membership Corporation Provides Grants to Schools

Two schools served by Duck River Electric Membership Corporation (DREMC), Sewanee Elementary in Franklin County and Marvin Wright Elementary in Maury County, have been awarded $5,000 each in grants to develop science, technology, engineering and math education projects and support their STEM curriculum. The Tennessee Valley Authority (TVA), in partnership with Bicentennial Volunteers Incorporated, a …

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Recent Burglary at Tullahoma’s Hands of Science Center

A burglary recently took place at the Hands-On Science Center in Tullahoma. Over $6,500 in electronic items were stolen including a Nikon D3200 camera, iPads, 128 GB memory cards, a Panasonic HC X2000 with pro handle and a 4K web cam.   Anyone with information about the crime is asked to call the Tullahoma Police …

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Unemployment Rate continues Downward Trend in Tennessee

Tennessee’s unemployment rate for February 2021 has reached near pre-pandemic levels, according to data released by the Department of Labor and Workforce Development. February’s statewide, seasonally adjusted unemployment rate is 4.9%, which is just one percentage point higher than it was in February 2020, one month before the COVID-19 health crisis created an economic slowdown …

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First Female named Assistant Distiller at Jack Daniel’s

The Jack Daniel Distillery in Lynchburg has announced that Lexie Phillips has been named Assistant Distiller, making her the first woman to serve in that official capacity for the iconic Tennessee Whiskey brand. Phillips will serve as a collaborator with Jack Daniel’s Master Distiller Chris Fletcher. Phillips, who has worked in Lynchburg for more than …

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Tullahoma Airport has Large Annual Economic Impact

The airport in Tullahoma, is second only to the Chattanooga airport in its annual economic impact among the 24-counties in the Tennessee Department of Transportation’s Region 2, according to a state study. The Chattanooga Times Free Press reports that TDOT’s year-long Statewide Aviation Economic Impact Study analyzed the economic impacts at Tullahoma Regional Airport and …

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Ascend Federal Credit Union Renovates Drive-Up Facilities at 8 Branches

Ascend Federal Credit Union the largest credit union in Middle Tennessee, announced today that it has completed an extensive renovation program that brings extended service hours to members.  Ascend members can now be served from 7 a.m. to 7 p.m. Monday through Saturday at all of the credit union’s branches with drive-ups, thanks to the addition …

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Ben Lomand Communications Receives Grant for Broadband Accessibility in Coffee County

Tennessee Gov. Bill Lee and Department of Economic and Community Development Commissioner Bob Rolfe has announced $14.9 million in broadband accessibility grants that will expand service to support 17,800 unserved Tennesseans in 7,120 homes and businesses. Ben Lomand Communications is receiving $179,695.56. This will be used to serve parts of Coffee County.

GM and LG Chem of Korea looking to Manufacture Electric Batteries in Tennessee

General Motors says it’s looking for a site to build a second U.S. battery factory with joint venture partner LG Chem of Korea. GM spokesman Dan Flores says the companies hope to have a decision on a site in the first half of the year. He would not say where the company is looking, but …

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Startup Business Activity on Decline in Tennessee and Locally

A new report by Roofstock looking at the U.S. metropolitan areas with the most startup business activity. Startup businesses spur economic growth in the form of innovation and efficiency across U.S. markets and were responsible for 2.2 million new jobs in 2018. Unfortunately, entrepreneurship has experienced a general decline for decades, and the ripple effects of …

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