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The Tennessean from Nashville, Tennessee • E3

Publication:
The Tennesseani
Location:
Nashville, Tennessee
Issue Date:
Page:
E3
Extracted Article Text (OCR)

meetings to discuss the contract. Local executive board has made no recommendation on how its members should vote, Beck said. Vining declined to give specific vote totals but noted that it was the largest vote turnout in the 15-year history. everybody he said. Vining said his members are concerned about the uncertainty associated with the proposed contract.

The old contract expired two years ago, and the new agreement would expire next summer, doing little in the way of providing job security, Vining said. A key feature in agreements that Steelworker negotiators have had with Goodyear Tire and Rubber, Continental Tire and the B.F. division of Michelin, guarantees investment and production in their U.S. plants. There are no guarantees in the contract.

company told us on the very first day of negotiations, plan is to build plants offshore and replace your Vining said. Since the contract expired two years ago, the company has started construction on plants in eastern Europe, Brazil, Japan and China that could produce tires made at its U.S. plants, Vining said. made no he said. MacDonald declined to discuss specifics of the contract but said the company has spent $139 million in La Vergne and Warren County to upgrade those plants.

Another $21.7 million is planned for new equipment in La Vergne over the next three years. continue to invest he said. Bush Bernard covers manufacturing, labor and transportation. He can be reached at 259-8092 or Ground broken for Bellevue Next year, a new square-foot facility on 20 acres at Highway 100 and Old Harding Pike near the Kroger store will become another YMCA for Williamson County residents. Supporters and officials gathered last week to break ground on the Bellevue YMCA, which also will house a new Senior Citizens Inc.

center. Bellevue-area attorney and landowner Dewey Branstetter said been interest for years in creating the center for the area, which is just north of the Williamson County line and the Temple Hills community. More than $8.9 million has been raised of the $9 million needed to build the facility, said Phil Newman, YMCA vice president of communications. The Bellevue Family YMCA is scheduled to open by next summer. KAREN JORDAN Read more about this at www.

tennessean.com/williamsonam. Some of the stories above appear in full in the Davidson A.M., Williamson A.M. and Rutherford editions of The Tennessean. GROWTH Today Annual Membership Meeting Nashville Area Chamber of Commerce, 11:30 a.m.-1:15 p.m., Belmont University, Curb Event Center, 1900 Belmont Blvd. Keynote speaker is Howard H.

Baker the former U.S. senator and a lawyer with the firm of Baker, Donelson, Bearman, Caldwell Berkowitz. Small Business Development Center seminar on Options for Your Small 9:30 a.m.-noon, Clement Building, Room C362, Nashville State Community College, 120 White Bridge Road. Registration required. 963-7179 or www.tnstate.edu/sbdc.

The Nashville chapter of Project Management Institute will present Future of Work; Project Management and luncheon, 11:30 a.m.-1 p.m., Select Hotel by Holiday Inn, 2613 West End Ave. $20 members, $25 nonmembers. Log on to www.pminashville.com for more information. Your Retirement Savings Wisely Before After Retirement presented by Stifel, Nicolaus Co. p.m., 3322 West End ninth floor.

Call 277-8819 or e-mail holden- www.tennessean.com THE TENNESSEAN Tuesday, June 21, 2005 3E CYANMAGYELBLK TennesseanBroadsheet Master TennesseanBroadsheet Master 100 90 80 70 60 50 40 30 20 10 5 100 90 80 70 60 50 40 30 20 10 5 TennesseanBroadsheet Master TennesseanBroadsheet Master 5 10 20 30 40 50 60 70 80 90 100 5 10 20 30 40 50 60 70 80 90 100 3E Local Business Community Health wants incentives to move to Franklin Community Health Systems announced yesterday that considering a proposal from Memphis-based developer Boyle Investment Co. to build it a new headquarters in Franklin. Now housed in a Brentwood office building, the rural hospital operator would get a square-foot building on planned 40-acre development called Meridian Cool Springs. Community Health said that by the time construction is scheduled for completion in December 2006, the company could have 800 employees in Williamson County, half of whom would be in the headquarters. The company is seeking grant funds for infrastructure and job development from the state of Tennessee, Williamson County and Franklin, in addition to property tax abatements to finance construction costs.

If a final deal is struck and construction begins, real estate experts say it could help spur more office development in Cool Springs. Several developers had chased the deal hoping to land it as an anchor to new development. RICHARD LAWSON American Healthways earnings rise slightly American Healthways Inc. of Nashville earned $8.5 million, or 24 cents a diluted share, in its third quarter, narrowly beating Wall Street expectations. Analysts surveyed earlier by Thomson Financial had predicted the health management company would earn 23 cents a share in the three months ended May 31.

The company earned 22 cents a share in the same period a year earlier. American Healthways said yesterday that revenue in the latest period rose about to $78.4 million from $65.4 million in the third quarter of 2004. The company attributed the growth in part to a increase in enrollment and continued strong demand from self- insured employers. The announcement came after the markets closed. Shares in the company fell 54 cents yesterday to close at $41.69 a share on the NASDAQ Stock Market.

TODD PACK Nashville Bun Co. expands bakery Nashville Bun Co. will launch a baking line today at its facility on Armory Drive that the company expects to create up to 100 jobs. The bakery supplier spent $6.5 million for the additional building and equipment. The company will supply the new line which is expected to bring in over $20 million in revenue to Governor Phil Bredesen will join company officials for a ribbon-cutting at the new facility at 1 p.m.

today. TORRYE JONES Analyst group changes name The Nashville Society of Financial Analysts has a new name. Reflecting a recent name change by its parent organization, the group is now the CFA Society of Nashville. The name better reflects the mission to be a leader in the local investment community by setting high standards of education, ethics and professional excellence, said Miles Shackleford, president of the Nashville society. Worldwide, more than 57,000 investment advisers, money managers and securities analysts have the certified financial analyst credential.

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More Results. Reach more than 600,000 readers who are ready, willing and able to buy your product or service. Advertise your business in The Tennessean. Call (615) 259-8338 and let our advertising consultants help you. ON THE COVER bought the mall in mid-January.

Daniel Morris, project manager of Harding Place LLC, said the items to be sold are worth about $300,000. been giving fliers to every electrician, plumber and home-improvement guy Morris said. like to see everyone doing home improvement this summer out Some items are bulky. If wondering how to get a commercial walk-in refrigerator out of the mall and into your car, for example, Ryan insists that like a He said the walk-in refrigerator system comes apart in sections after you remove a few screws. Ryan said he hopes the merchandise will bring in about $500,000, but he admits that getting that much is unlikely.

About $10,000 worth of goods, including a fountain, some holiday decorations and a floor sweeper, were snatched up in presales. Buddy Messer, president of Messer Marketing and owner of six retail outlets and three local museums, including Willie General Store, said that he plans to attend the auction, where be looking for and has some neat memorabilia Messer said. one of a Messer said he spends between $30,000 and $40,000 a year buying decorations for his museums. He often spends between $5,000 and $10,000 at an auction. looking for stuff that people come to Nashville to Messer said.

Rubel Sanderson, owner of Legends Corner and three other said that he plans to go to the auction to buy music memorabilia to decorate his restaurants and bars. wife and I go to auctions because we enjoy Sanderson said. get an oversight of what things are He has traveled to Kansas City, Chicago and Las Vegas looking for things pertaining to music history, spending as much as $100,000 at one auction where items were being sold. kind of got carried he said. Demolition day Morris said demolition of Harding Mall, the second-oldest enclosed mall in Nashville, is scheduled to begin July 5 to make way for a Wal-Mart.

He said that an AmSouth Bank and Firestone Tire Center would remain open until they move into new facilities in October. An International House of Pancakes at Nolensville Road and Harding Place is doing business as usual. Ryan and five workers have been organizing the auction items for two months. Potential buyers will be asked to walk through the mall with him as he auctions off everything from restaurant chairs to ovens. Morris said that whatever sell will be donated to The Arc of Tennessee, a nonprofit organization.

But Ryan said he thinks most of it will go. trash is another he said, surveying a stockpile of cash registers, clothes racks, movie theater seats and memorabilia from a Planet Hollywood outlet. is one of the most unbelievable sales had the pleasure of the auctioneer said. Ryan, who works on commission, said he hopes to earn up to $40,000 during the three-day event. Auction: All ofHarding Mall for sale FROM PAGE 1E Up for auction What Harding Mall Absolute Auction.

Where Harding Mall. Nolensville Road at Harding Place. When Preview 10 a.m.- 4 p.m. today; auction Wednesday, Thursday and Friday, starting at 10 a.m. each day.

Cost No registration fee. There is a premium on all purchases. What see Restaurant equipment, store lighting, security systems, plants, elevators and anything else still in the mall. More info Contact auctioneer, Chuck Ryan, at 226-3826 or BUSINESSCALENDAR Send us your calendar item at least three working days before the event. If you want the item to appear in the expanded Monday calendar that lists upcoming events, send us the item by the preceding Thursday.

E-mail items to or call 6642178. Mailing address: 1100 Broadway, Nashville, TN 37203. Fax: 615-2598093. Inception-to-date sales: $1.25 billion Weekly sales Sales breakdown Lottery sales Week ending Through Saturday $20 $16 $12 $8 $4 $0 In millions SOURCE: Tennessee Education Lottery Corp.STAFF Cash 3: $1.1 million Instant: $11.8 million Powerball: $2.5 million Lotto 5: $0.4 million Cash 4: $0.5 million $16.3 $20.7 $15.8 $17.3 Labor: Warren County plant rejects terms FROM PAGE 1E By RANDY MCCLAIN Assistant Business Editor A Davidson County judge has drastically reduced the punitive damages against DaimlerChrysler in connection with an death after a June 2001 minivan accident. Judge Hamilton Gayden yesterday cut from $98 million to $20 million the damages related to what a trial jury found to be faulty seat design on a 1998 Dodge Caravan that it said contributed to the death of 8-month-old Joshua Flax.

The infant died of head injuries after a crash on June 30, 2001, after a driver in a pick-up truck rear- ended the minivan. The parents, Rachel Sparkman and Jeremy Flax, and grandparents, Jim and Sandra Sparkman, sued. They accused DaimlerChrysler of knowing that the seats in its vans were prone to collapse during rear-impact accidents. The car company argued that a reckless driver traveling at twice the speed limit caused death and said the seats were designed with safety in mind. A jury later found the carmaker responsible for the injuries.

The judge ruled yesterday that DaimlerChrysler had acted recklessly by ignoring evidence that its front seats could collapse backward into the spot where an infant might be buckled in a car seat in certain collisions. But the judge said a $98 million punitive damage award was excessive when compared with the amount of other damages due in the case. The 2001 accident happened in west Nashville as Sparkman pulled his minivan out of a driveway on Old Charlotte Pike. Louis A. Stockell driving a 1969 Ford F-100 pickup, struck the minivan from behind.

The seats collapsed on impact, causing a front-seat passenger in the van to jerk back, court records say. A head struck the causing a massive head injury and brain damage. Larry Sutter, lead attorney for the carmaker, had argued at trial that the family deserved justice for the death but should have blamed the pick-up truck driver for the accident. Besides punitive damages, the jury originally awarded $5 million for wrongful death and $2.5 million for the emotional distress suffered by the mother, who witnessed the death of her young son, according to court records. Judge slashes damages against carmaker COUR TS ON THE COVER The Spring Hill plant produced more than 211,000 vehicles last year, about of the capacity.

The Lordstown plant assembled more than 230,000 vehicles, using a little more than of its capacity last year. GM announced two weeks ago that it plans to close a few plants and eliminate 25,000 jobs through early retirement and attrition, in an effort to return to profitability. Analysts have said the Spring Hill plant would not be a candidate for closure because of its productivity and recent improvements. The plant received the GM award earlier this month. Saturn: Reports say Spring Hill to lose Ion in FROM PAGE 1E.

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Pages Available:
2,723,162
Years Available:
1834-2024