
Tennessee’s Economic Landscape: Growth Amid Challenges
News Summary Tennessee’s economy is witnessing a dynamic mix of growth and caution, with over 73,000 new businesses formed in 2024, reflecting a 60% increase

News Summary Tennessee’s economy is witnessing a dynamic mix of growth and caution, with over 73,000 new businesses formed in 2024, reflecting a 60% increase

News Summary Huntsville’s Wilson Lumber Co. has acquired Nashville Lumber, a significant move aimed at enhancing service offerings in the Middle Tennessee market. This strategic

News Summary ABB has announced a $120 million investment in manufacturing facilities in Selmer, Tennessee, and Senatobia, Mississippi. This investment includes an $80 million new

News Summary LBMC has officially acquired Memphis-based Frazee Ivy Davis, marking a significant expansion of its professional services in Tennessee. This acquisition increases LBMC’s presence

News Summary ABB has unveiled a significant $120 million investment in Senatobia, Mississippi, and Selmer, Tennessee. This investment is set to create 250 new jobs,

News Summary Duksan Electera has inaugurated a $95 million electrolyte manufacturing facility in Shelbyville, Tennessee, marking a significant investment in the local economy. With plans

News Summary Joann Fabrics has announced the closure of around 800 stores after filing for Chapter 11 bankruptcy twice within a year. Approximately 500 locations

News Summary Share Logistics is set to establish two new facilities in Hawkins and Sullivan Counties of Kingsport, Tennessee, creating approximately 57 jobs. The initiative,

News Summary Big Lots has announced it is facing significant financial challenges, filing for Chapter 11 bankruptcy and initiating going out of business sales while

News Summary CoreCivic, a private prison and immigration detention company based in Brentwood, is set to undergo unprecedented expansion. Following significant policy changes, the company