Southern grocery chain Bi-Lo filed a voluntary petition Monday for bankruptcy protection to address an upcoming debt maturity. The company filed for Chapter 11 bankruptcy relief Monday in the United States Bankruptcy Court, District of South Carolina. “In a normal course of doing business and in a good economic environment we would have had that [...]
March 25, 2009
Greene Co. business announces layoffs
A Greene County company that makes construction equipment has laid off a third of its work force. Angus-Palm Industries told the Tennessee Department of Labor and Workforce Development Friday that it laid off 181 workers between last August and last week. Greene County Partnership President and CEO Randy Harrell said the people affected mostly held [...]