In response to a now lengthy delay by Senate Democrats to reappoint two Tennessee Republicans — Memphis Bishop William Graves and Knoxville public relations executive Susan Richardson Williams — to the board of the Tennessee Valley Authority, Sen. Lamar Alexander has blocked an appointment to the U.S. Institute of Peace, a government-funded think tank, made by Senate Majority Leader Harry Reid (D-Nevada).
In the wake of reforms enacted in 2004, Tennessee has experienced a moderation in average workers compensation costs per claim among 14 study states, according to a new report released by the Workers Compensation Research Institute. WCRI, a nonpartisan, not-for-profit membership organization, reported that workers compensation costs per claim in Tennessee grew just 2 percent in the early post-reform period after 10 percent growth in the period prior to the legislative changes.
Black & Decker relocated machinist jobs from its Spennymoor plant in County Durham, England, to the company’s north Jackson facility. The company also relocated its pressure washer manufacturing plant operations in Decatur, Ark. to its south Jackson plant.
A. O. Smith donated 78 water heaters as part of its partnership with Habitat for Humanity and an initiative to provide decent and affordable housing for low-income families of the Gulf Coast region.
Sam Dong Company, a South Korea-based manufacturer of specialty magnet wire products used in the electrical transformer, motor and generator industries, launched operations in its new 80,000-square-foot plant in Rogersville, the company’s first U.S. expansion.
The Indianapolis-based American Basketball Association (ABA) announced plans to return to Knoxville this fall. The new owners are The Huffson Group, operators of the non-profit GENESIS International, which places needed food programs and educational facilities around the world. Co-owner Dr. Marty L. Glisson will serve as the team’s General Manager.
Dr. Richard Salluzzo, who grew Wellmont Health System from six owned or affiliated hospitals to 14 in his four-year tenure as president and CEO, accepted a new job as chief executive of Cape Cod Healthcare in Hyannis, Mass., a $600 million revenue system with 4,600 employees. Salluzzo, a graduate of the University of Massachusetts and Boston’s Tufts University School of Medicine, is credited with engineering a significant financial and operational turnaround at Wellmont and was recently named the eleventh most powerful physician executive in America by Modern Healthcare magazine.
A Memphis delegation, including Dexter Muller, senior vice president, community development for the Memphis Regional Chamber, traveled to Halifax, Canada to meet with private, government and port interests regarding partnerships between the two cities that could lead to significant new global supply chain opportunities. The second largest inland port on the Mississippi River, Memphis also boasts the world’s largest cargo airport.
From BusinessTN staff reports