AGP Executive Report
Last update: 9 hours agoIndustrial Investment: BWXT plans to invest $714.5 million in its Jonesborough facility, adding 181 jobs to make high-purity depleted uranium for the U.S. Department of Energy. ABB also announced a second Selmer expansion, with 227 jobs and a new plant. Transportation: PS Logistics acquired Rockwood-based Roane Transportation and related businesses, adding more than 170 drivers and expanding its East Tennessee flatbed operations. Flood Recovery: Businesses in Copperhill and McCaysville face a long rebuild after record flooding damaged or destroyed properties and disrupted water service. Nashville Small Business: The city opened applications for grants and incentives aimed at local businesses, including a program for firms that have operated in Nashville for at least 10 years. Campus and Housing: Tennessee State University is pursuing a $15.5 million sale of 35 acres near John C. Tune Airport, with proceeds intended to help address an urgent need for 300 student beds. Consumer Costs: Unilever, which operates a Covington factory, warned that prices may rise in 2027 as companies contend with higher costs.
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