The slumping economy is having an increasing impact on people and businesses all across the country. But for one mom and pop shop in South Knoxville, business couldn’t be better.
Ron Emery took over the nearly 81-year-old Emery 5 & 10 store on Chapman Highway from his grandfather.
“We have been lucky to beat [...]
December 17, 2008
Knoxville mom and pop store still going strong
December 17, 2008
Eastman Chemical to cut jobs, other costs
Eastman Chemical Co. has announced it will slash costs by more than $100 million in 2009, mostly by cutting jobs, in response to the current economic turmoil.
In a released statement on Wednesday, the Kingsport, Tenn.-based chemical producer said at least $80 million of cost reductions would come from labor, including a reduction in contractors, part-time [...]
December 17, 2008
Hemlock plans $2.2B investment in Tenn., Mich.
Hemlock Semiconductor Corp. announced it will spend more than $2.2 billion to build a new solar technology plant in Tennessee and expand operations in Michigan.
The new plant in Clarksville carries an initial investment of $1.2 billion, though Tennessee officials projected Monday that the total cost could reach $2.5 billion.
The expansion of the company’s existing facility [...]
